GoAir grounds 7 P&W engines-powered A320 Neos

P&W engine woes had forced both GoAir and the larger rival IndiGo (which operates 57 of such planes) to ground some of the A320 Neos on earlier occasions also. Read more »

Gold loses sheen as prices rise and farmers face cash crunch

Spot gold was up about 0.4% at $1,290.42 per ounce. In the Indian market, gold price (without GST) was hovering around Rs 31,800 per 10 gm. Read more »

Government plans to incentivise ONGC, Oil India to raise output

In the past four years, the government has ushered in several policy reforms aimed at attracting investment in the exploration and production sector Read more »

NCLT to decide Essar case by January 31

Earlier on January 2, the committee of creditors to Essar Steel, led by the State Bank of India, filed an application at the National Company Law Appellate Tribunal (NCLAT) seeking the disposal... Read more »

Airports Authority of India bans single-use plastic items

It said that on the basis of a third-party assessment carried out by Quality Council of India (QCI), 16 of its airports have been declared as "Single-Use Plastic Free". Read more »

KBRA Assigns Preliminary Ratings to CGCMT 2019-SMRT

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of CGCMT 2019-SMRT, a CMBS single asset, single borrower (SASB) transaction. The collateral... Read more »

How NBFCs are pushing for retail borrowings

Financiers are back to selling a record number of debentures this year to limit dependence on mutual funds. Read more »

20 Passive Income Ideas for Entrepreneurs

Which of these could lead to more sales for you right away? Read more »

For second month in a row, Air India delays salaries

Air India had failed to pay to its over 20,000 employees on time for most of the months last year. Read more »

KBRA Assigns Preliminary Ratings to Hercules Capital Funding Trust 2019-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to one class of notes issued by Hercules Capital Funding Trust 2019-1. Hercules Capital Funding Trust 2019-1 (the “Issuer” or “Hercules 2019-1&#822... Read more »