Government starts countervailing investigations on certain steel items from China, Vietnam

The investigation has been initiated by the Directorate General of Anti-Dumping and Allied Duties (DGAD), under the commerce ministry, on a complaint by domestic manufacturers. Read more »

IndiGo to use cash ‘wisely’ amid uncertainties in aviation sector

The company's CFO Rohit Philip said it is cautious from the financial perspective in "using cash wisely" as he sought to allay shareholders apprehensions about the prevailing scenario in the airline industry. Read more »

IndiGo to take delivery of its first A321 neo this year

InterGlobe's Chief Operating Officer Wolfgang Prock-Schauer said that on A320 neo planes, it has full confidence. Read more »

MoCA will be watching developments at Jet Airways, says R N Choubey

"Airlines are not bound to inform us when they retrench but when airlines get into trouble they normally come to us". Read more »

Delhi High Court says Malvinder, Shivinder Singh cannot operate bank accounts

The judge didn’t block an August 13 EGM at which Fortis shareholders will vote on the IHH deal. Read more »

Allahabad High Court to hear case against RBI circular on Tuesday

The court on August 2 sought the RBI's response to the government's recommendation for extending the deadline for completing the resolution proceedings for stressed assets by 180 days. Read more »

RCom will furnish Rs 774 crore bank guarantees, sell spectrum to Jio

RCom will sell spectrum to Reliance Jio, which will meet all future liabilities associated with the airwaves. Read more »

India to explore China’s participation in ISA

ISA interim director general Upendra Tripathy agreed that China joining the inter-governmental organisation would be a big positive for the 121member-nations. Read more »

Lifestyle brand Guess may set up India unit

The initial phase of the expansion will focus on Tier I cities in India. The retailer has shut all the franchisee-run stores in the market. Read more »

Another Chinese electronics firm bets big on India

Gome will be investing significantly in India to build the brand following the footstep of other Chinese brands. Read more »