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Mail Today Bureau
New Delhi, September 20, 2018
The tax department is also examining the airline's deal with Godrej Buildcon where Jet is said to have received Rs 1,725 crore as a monetary consideration.


Manu Kaushik
New Delhi, September 17, 2018
The aviation sector is facing headwinds as some airlines grapple to cut costs and others struggle to stay afloat.


Prosenjit Datta & Dipak Mondal
New Delhi, September 17, 2018
The GDP back series data 'accidently' became public thanks to a report on real sector statistics prepared by a committee constituted by the National Statistical Commission. In the din that ensued, some of the more serious concerns that the committee raised regarding quality of the data got lost. Business Today's Prosenjit Datta and Dipak Mondal caught up with Sudipto Mundle, chairman of the Committee on Real Sector Statistics, which prepared the new series, to dig deeper into the observations made in the report. Edited excerpts:


BusinessToday.In
New Delhi, September 4, 2018
TCS, also the most-valued firm in terms of m-cap in India, was the first Indian company to cross the Rs 7-lakh crore market cap in June after it crossed the $100 billion milestones in April.


BusinessToday.In
New Delhi, August 29, 2018
The airline has chalked out a cost reduction programme of more than Rs 2,000 crore over two years in addition to plans for better inventory management, improving pricing and monetising its well-established 8.5 million member JetPrivilege programme.


BusinessToday.In
August 28, 2018
At 10:42 am, the stock was trading at 1,300 level, up 0.66% on the BSE. Its market capitalisation rose to Rs 8,23,419 crore on BSE.


Mail Today Bureau
August 28, 2018
This is the second consecutive quarterly loss for the airline which had posted a profit of Rs 53.50 crore in the same quarter last year. The struggling airline will inject capital and reduce debt to cut its interest costs.


Rahul Agarwal
August 27, 2018
Under this investment strategy, a retail investor blindly follows the investment pattern of a \" Star Investor\", a celebrity investor of sorts who has made his/her name in the markets by generating exceptional returns in their investment portfolios. 


BusinessToday.In
August 27, 2018
The Sensex heavyweight rose to a fresh record high of 1296 level, rising 1.40% compared to its previous close of 1278.05 level.  At 12:36 pm, the stock was trading 1.15% or 15 points higher at 1292 level on the BSE.  Its market capitalisation rose to Rs 8,19,458.12 crore.


PTI
August 26, 2018
A senior ministry official said the Registrar of Companies (RoC) has asked for details from the airline about certain issues and that the process is going on. Specific details could not be immediately ascertained.


PTI
August 23, 2018
ICICI Bank Chairman GC Chaturvedi said today that the decision on continuance of managing director and CEO Chanda Kochhar will be taken after the Justice B N Srikrishna panel report is finalised, which is likely in two-and-a-half months.


BusinessToday.In
August 13, 2018
Facing financial headwinds, Jet Airways is reportedly planning to monetise JetPrivilege, its frequent flyer programme.


BusinessToday.In
August 12, 2018
Senior officials at SBI mentioned that the embattled airline is part of its overall watchlist for stressed accounts and special mention category loans as on June 30, 2018. Jet. however, had a different story to tell.


BusinessToday.In
August 11, 2018
Expect some profit-booking if the Nifty crosses 11,300-mark on the downside with sharp correction in index pivotals, says Vikas Jain, Senior Research Analyst at Reliance Securities. Watch the BusinessToday.In video for more insight into expected market trends for next week.


Rajeev Dubey
August 11, 2018
'No' says Jet Airways emphatically. But with mounting losses, negative net worth of Rs 7,100 crore and liabilities well in excess of assets, it may be very, very close.


Manu Kaushik
August 10, 2018
The airline has delayed its first quarter results announcement after its audit committee didn't recommend it to the board. Hours before the deferment, the chairman of the audit committee - Srinivasan Vishvanathan - had reportedly resigned from his job.


Aprajita Sharma
August 10, 2018
The airline on Thursday informed stock exchanges that the audit committee has refused to approve company's June quarter results.


BusinessToday.In
August 10, 2018
Hindalco Industries Ltd reported profit after tax (PAT) of Rs 414 crore for the first quarter (Q1) of this fiscal, up 43 per cent against Rs 290 crore in the corresponding period last year.


BusinessToday.In
August 10, 2018
Jet Airways spokesperson said this is not the first instance in corporate India of deferment of quarterly financial results by a company.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


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