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Business News and Finance News Headlines on Economy, Industry

Automakers welcome Govt sops but are divided on festival season impact

Admiral Quixote's Roundtable - Sat, 08/24/2019 - 13:15
Most agree, though, on the long-term benefits that the measures will bring in

Naresh Goyal created tax evading schemes to siphon off funds abroad: ED

Admiral Quixote's Roundtable - Sat, 08/24/2019 - 13:00
A dozen premises, including Goyal's Mumbai residence, his group companies, their directors and offices of Jet Airways, were searched on Friday

British Airways strike causes five days of flight cancellations

BBC News - Business - Sat, 08/24/2019 - 12:48
Customers received emails overnight saying their flights were cancelled - but many have been unable to rebook or even have their calls answered.

True reformist, great statesman: India Inc mourns Jaitley's demise

Admiral Quixote's Roundtable - Sat, 08/24/2019 - 12:05
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary

US-China trade war: Trump announces new retaliatory tariff hikes

BBC News - Business - Sat, 08/24/2019 - 01:20
The president hits back at Beijing's plans by hiking tariffs on Chinese imports by another 5%.

ED searches Jet founder Naresh Goyal's business, residential premises

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 23:11
The probe agency has also alleged that Goyal's companies executed several 'colourable transactions' under the guise of selling and distribution expenses

High Street: Five ways UK shopping has changed

BBC News - Business - Fri, 08/23/2019 - 23:06
Many retailers have announced store closures and job losses.

The new mobile phone scam delivering a problem

BBC News - Business - Fri, 08/23/2019 - 22:57
Why are fraudsters arranging for a brand new phone to unexpectedly be delivered to your door?

David Koch: Billionaire Republican donor dies aged 79

BBC News - Business - Fri, 08/23/2019 - 21:54
The 11th richest man in the world and his brother had a huge influence on the conservative movement.

British Airways strike: BA pilots announce September dates

BBC News - Business - Fri, 08/23/2019 - 21:46
British Airways pilots will strike on 9, 10 and 27 September in a dispute over pay, union Balpa says.

Oyo to rebrand Las Vegas-based Hooters, bring a 35,000 square-foot casino

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 21:06
Hooters is an American brand of restaurant with casino floors full spectrum of gaming choices and guest rooms and suites

Shareholders of Tata Sons approve a proposal for 1000% dividend

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 20:12
The 1,000% dividend will help Tata Trusts, which owns 67 per cent in Tata Sons, to invest in charitable activities. The total dividend outgo will be Rs 404 crore

No leadership change for now, says Mindtree CEO Debashis Chatterjee

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 20:05
No significant change has happened to the middle management, said Debashis Chatterjee

Reform push: Corporate bosses see higher demand and fast recovery

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 19:31
India Inc also expects other measures to make the recovery more permanent

IndiGo's Rakesh Gangwal says he will support resolution on expanding board

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 18:59
Resolution will come up for approval at the company's AGM on Tuesday

RP of Jet Airways wants NCLT to ask lenders for interim financing

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 18:39
The second CoC meeting will be held next week wherein the settlement proposal will be presented for approval

Trump responds with fury over Fed chief's speech

BBC News - Business - Fri, 08/23/2019 - 18:13
The US president asks if the Federal Reserve head is a bigger enemy than China's premier Xi Jinping.

Future Retail stock falls over 5% day after e-commerce giant Amazon deal

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 18:13
Percentage of promoter stake in Future Retail pledged to lenders has been steadily increasing in the past year

HUL's Indulekha enters Rs 2,000-cr club three years after acquisition

Admiral Quixote's Roundtable - Fri, 08/23/2019 - 17:00
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually

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