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BusinessToday.In
August 7, 2018
The market closed flat as investors turned cautious amid escalating global trade war concerns.The 30-share index rose 184.98 points, or 0.49 per cent, to hit a new peak of 37,876 in early trade. Market sentiment, however, turned cautious and the index pared gains to close 26 points lower at 37,665 level. The gauge had gained 526.73 points in the previous two sessions.The Nifty ended merely 2 points higher at 11,389 points. Earlier in the day, the Nifty too edged higher by 41.85 points, ...


BusinessToday.In
August 7, 2018
Fraud-hit Punjab National Bank (PNB) today reported a loss of Rs 940 crore for the June quarter of financial year 2018-19.


BusinessToday.In
August 7, 2018
At 12:09 pm, the stock was trading 4.69% or 18 points lower at 379.10. The  market capitalisation of the stock fell to Rs 77,391 crore.  The stock has been falling for the last two days and has lost 6.63% during the period.


BusinessToday.in
New Delhi, August 7, 2018
PepsiCo's Indra Nooyi to step down after 12 years as CEOPepsiCo CEO Indra Nooyi will step down on October 3 after a 12-year stint at the helm of food and beverage multinational. The 62-year-old India-born executive has spent 24 years at PepsiCo. The company announced that its Board of Directors has unanimously elected Ramon Laguarta to succeed Nooyi as Chief Executive Officer.Jet Airways releases salaries to employees, decides against pay cutCornered by protesting employees and ...


BusinessToday.In
New Delhi, August 6, 2018
The problem with Jet Airways is no different from the rest of the industry -- revenues are sliding and costs are rising. The carrier posted a loss of Rs 1,040 crore for the fourth quarter of fiscal 2018, and the revenue drop was visible in both international and domestic operations. Watch BusinessToday.In's video on reasons behind Jet Airways' financial woes.


BusinessToday.In
New Delhi, August 6, 2018
The buzz earlier was that having posted a loss of Rs 1,040 crore for the fourth quarter of fiscal 2018, the airline was in serious damage control mode and had informed its employees that a 5-25 per cent salary cut was on the cards.


K.T.P. Radhika
New Delhi, August 6, 2018
India's refurbished goods market is flourishing on a smartphone boom, changing consumer attitudes and business models.


Manu Kaushik
New Delhi, August 6, 2018
After months of unsuccessful attempts at selling the ailing national carrier, the government decided to pump in additional money.


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


Anand Adhikari
New Delhi, August 6, 2018
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.


Dipak Mondal
New Delhi, August 6, 2018
The Insolvency and Bankruptcy Code can lead to huge job losses in the short to medium term as many companies, including some big names, face liquidation.


BusinessToday.In
New Delhi, August 6, 2018
Jubilant FoodWorks opened the first Dunkin' Donuts in India in 2012 and eventually expanded to 77 stores across the country.


PTI
New Delhi, August 4, 2018
The GST Council on Saturday cleared a proposal to offer cash backs to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.


BusinessToday.in
New Delhi, August 3, 2018
Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. The Sensex and Nifty reversed losses in trade today and rose to record highs powered by banking and consumer durables stocks. While the Sensex closed 391 points or 1.05% higher at 37,556, Nifty gained 1.03% or 116 points to close at 11,360.


Manu Kaushik
New Delhi, August 3, 2018
Jet's expenses has registered a steep rise, primarily led by aviation turbine fuel cost, foreign exchange losses, loans advances to subsidiary JetLite, and aircraft maintenance charges.


BusinessToday.In
August 3, 2018
The Sensex and Nifty reversed losses in trade today and rose to record highs powered by banking and consumer durables stocks.While the Sensex closed 391 points or 1.05% higher at 37,556, Nifty gained 1.03% or 116 points to close at 11,360.Indices hit fresh lifetime highs as investors accumulated the recently battered banking, auto and realty counters.The BSE bankex rose 502 points to 31079 level.  The  consumer durables goods index rose 320 points to 21,372 level.Bank Nifty too witn...


BusinessToday.In
August 3, 2018
Indices hit fresh lifetime highs as investors accumulated the recently battered banking, auto and realty counters. The BSE bankex rose 502 points to 31079 level.  The  consumer durables goods index rose 320 points to 21,372 level. Bank Nifty too witnessed huge buying activity with the index closing 1.24% or 339 points higher at 27,695 level.


BusinessToday.In
August 3, 2018
The court asked RCom to pay Rs 550 crore to Ericsson by October 1. It also directed Anil Ambani to give an undertaking to pay the amount to Ericsson.


BusinessToday.In
August 3, 2018
Jet Airways refuted the claim in a regulatory filing. \"The statement 'Can't fly beyond 60 days, Jet tells staff', as appeared in the media, is incorrect and malicious,\" the airline informed the stock exchange.


BusinessToday.In
August 3, 2018
At 10:31 am, the stock fell 4.21% or 14 points to 317.25 level. The stock has fallen after two days of consecutive gains.


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