IndiGo planes grounded, non-availability of spares blamed

In the 2017 June quarter, IndiGo grounded nine A320 Neo planes due to engine issues. The grounding had also resulted in the airline cancelling 84 flights on a particular day last year. Read more »

India needs a dedicated national policy for aluminium to boost overall production: Tapan Kumar Chand

The convention was attended by top leaders of the aluminium Industry, policy makers, secondary producers, technologists and foreign delegates. Read more »

Facebook, Sony reach agreement to telecast over 100 LaLiga matches on TV

The deal will allow SPN to air key clashes including El Clasico and Madrid Derby across sports channels as well as Sony LIV. The deal is exclusive TV deal for the Indian... Read more »

Fashion and lifestyle accounted for over 50 per cent to total sales: ShopClues

The new label -- focussing on affordable western wear and accessories -- is targeted at women in tier II, III and IV regions, ShopClues said in a statement. Read more »

Srikrishna panel report on Chanda Kochhar expected in 2 months, says GC Chaturvedi

The former Supreme Court Judge is heading the panel which is probing the allegations of quid pro quo by Kochhar in sanctioning of a loan by ICICI Bank. Read more »

Chanda Kochhar offers to be reappointed on board of ICICI Securities

There are eight members on the board of ICICI Securities of which four are independent directors, two are non-executive non-independent directors who are nominated from ICICI Bank and two are whole time... Read more »

Centrum set to buy L&T Finance’s supply chain business

Divestment is part of a broader Larsen &Toubro effort to trim its wholesale lending business and to concentrate instead on retail and housing segments. Read more »

Alinz plans to set up portable fuel pumps in India

India has about 63,000 filling stations already and oil companies are adding more. Read more »

Jet Airways to take up turnaround plan in Monday board meeting

The airline said the two additional assessments had led it to seek additional time for its board meeting. It was earlier to be held on Aug 9. Read more »

Gross premium collection of non-life insurers grows 20pc in July

The gross premium collection of all the 33 non-life insurers rose by 14 per cent to Rs 49,067.47 crore in April-June 2018-19 compared to Rs 43,076.26 crore in the same period of... Read more »