Business

Public debt accounted for 89.5 per cent of the total outstanding liabilities at end-March 2019.

Citing the vulnerability of local mills, the Steel ministry said the nation's steel sector needs 'protection from unfairly traded cheap steel imports' as well as lower input costs.

Global markets spiralled lower while crude oil prices spurted after reports said US President Donald Trump had approved military strikes against Iran, but later decided against it.

Aurobindo Pharma had received letters from the US health regulator, saying inspections concluded in February revealed significant objectionable conditions or practices and action must be taken to address the issues.

Adidas revamped their logo in 1990 that supposedly represented 'the challenge to be faced and the goals to be achieved'.

Once Jet Airways is admitted into the corporate insolvency resolution process, its board of directors is suspended and is placed under an independent 'interim resolution professional'.

The domestic air traffic in May this year consisted of 12.20 million passengers as compared to 11.85 million passengers in the same month last year, a jump of 2.96 per cent, as per the data.

SBI-led consortium of lenders has initiated bankruptcy proceedings against Jet Airways which reportedly has an accumulated debt of Rs 8,500 crore and total liabilities of over Rs 25,000 crore.

All the sectoral indices traded in the red, with the BSE Metal and BSE Energy being top losers, down 3.2% and 2.5%, respectively.

Boeing spokesman Paul Bergman declined to comment on the company's testing strategy for the 777X or the NMA, but said the planemaker was 'looking holistically at our design and certification processes' following the 737 MAX crashes in Ethiopia and Indones...

The town affected by ArcelorMittal's environmental violations, Vanderbijlpark, established by the steel enterprise Iscor, is now entirely dependent on Mittal's AMSA after he bailed Iscor out two decades ago.

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter and about 98,400 more were affected in the consumer or downstream industries.

Union minister RK Singh said that India is achieving one of the largest expansion of renewable energy in the world, and it has become a net exporter of power in past five years.

Jet Airways and its lenders have been searching for new investors, while employee unions have been calling for government intervention.

ONGC sold 35,000 tonnes of the petrochemical feedstock for June 20-21, loading from Mumbai on Thursday to Japan's Marubeni Corp.

Jet Airways owes more than Rs 8,000 crore to an SBI-led consortium of banks which now run the airline.