Sectorally, pharma, metal, PSU Banking and realty ended in the green. Meanwhile, IT, FMCG and private banks logged bearish closing

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

India Stock Market Highlights Today:  Intra day, both indices touched all time highs today, with Sensex hitting, 45,742 and Nifty touching, 13,435

The new promoters of Jet Airways, the Murari Lal Jalan-Kalrock Capital consortium, said that Delhi, Mumbai and Bengaluru will remain the hubs for Jet 2.0 with sub-hubs in Tier 2 and Tier 3 cities

The meeting is crucial given that no private investor has so far shown keen interest in acquiring the debt-laden carrier forcing the government to extend bidding date thrice

The talks are part of a series of negotiations between Boeing and several airlines over jet orders or compensation after the 737 MAX was banned worldwide following two fatal crashes

A consortium of Flight Simulation Technique Centre, Big Charter and Imperial Capital Investments LLC is one of the two entities that submitted resolution plans for Jet Airways earlier this week

\"In the domestic market we see a lot of growth in tier 2 cities. We are very encouraged by underlying demand but travel restrictions are really hurting (us),\" Dutta said.

Jet Airways, Goyal and his wife Anita were booked on charges of cheating and a criminal beach of trust in February this year by MRA Marg police on a complaint filed by city- based Akbar Travels India Private Limited alleging that they were cheated of Rs 46 crore by the Goyal

The bidders have been given two weeks' time to review the financial health of defunct Jet Airways and firm up their bids. They have the option to not submit a bid at the end of the due diligence process

Airlines have taken to the skies after two months. But their pain is far from over

Gold functions as a strategic asset in an investor's portfolio, given its ability to act as an effective diversifier, and alleviate losses during tough market conditions and economic downturns

This, however, will not apply to defaults committed before March 25, when a nationwide lockdown was imposed by the Centre to check the spread of coronavirus

Mumbai escaped the brunt of a cyclone on Wednesday after winds changed direction and the storm made landfall further south on India's western coast than expected; Moody's Investor Service has downgraded the long-term issuer ratings of oil marketing companies (OMCs) including Oil and Natural Gas Corporation (ONGC), Hindustan Petroleum Corporation Limited (HPCL), Oil India Limited (OIL), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL); Veteran banker Uday Kotak has been appointed as the new President of the Confederation of Indian Industry (CII) for 2020-21. Watch this and more on News Blast.Also Read: Rs 2 lakh crore blow to banks if interest during loan moratorium waived, RBI cautions SC

Jet Airways crisis: Four little-known bidders finalised for airline's revivalJet Airways' future hinges on four little-known suitors who have shown interest in the bankrupt airline. As per the latest details, four out of 12 expressions of interest (EOIs) received by the airline have met the eligibility criteria and they will soon submit final bids to acquire the airline. The deadline for corporate insolvency resolution process of Jet Airways has been extended by more than two mont...

Deadline for corporate insolvency resolution process of Jet Airways has also been extended by more than two months to August 21 to exclude duration of coronavirus lockdown that began on March 25

The investors who were part of the suspended schemes at the time of sidepocketing will get their dues as and when recoveries are made in the segregated portfolio

Estimated global airline losses from the coronavirus pandemic have climbed to $314 billion, trade body IATA said last week

During such stressful times, investors generally make the mistake of buying low priced stocks or end up investing in cheap cyclical stocks which is the worst mistake they make

Goyal was first summoned by the central probe agency on March 18 but he cited the reason of tending to an ill relative for skipping the summons