Business

Mumbai: Budget passenger carrier SpiceJet on Friday reported a rise of 10.83 per cent in its net profit for the quarter ended March 31, 2018. According to the airline, the standalone net profit during the quarter under review increased to Rs 46.15 crore from Rs 41.64 crore reported for the corresponding period of 2016-17.

However, the low-cost

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New Delhi: Gold prices maintained an upward momentum by rising for the sixth day in a row. Gold rates rose by Rs 100 to a two-week high of Rs 32,400 per 10 grams at the bullion market today, supported by buying by local jewellers in the ongoing wedding season and higher global prices. The yellow metal had gained Rs 320 in the previous five days.
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Share prices of Bharti Airtel and Idea Cellular fell sharply today after Reliance Jio Infocomm unveiled a new post-paid plan. Jio, the telecom arm of Reliance Industries, introduced an unlimited domestic post-paid plan for Rs 199 and international
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Canara Bank's gross NPAs as a percentage of total loans rose to 11.84% at the end of March.

Bengaluru/Mumbai: Four Indian state banks reported on Friday a combined net loss of Rs 11,729 crore ($1.74 billion) for the fiscal fourth quarter due to a jump in bad-loan provisions following a tightening of central bank rules.

Bengaluru-headquartered Canara

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Jio will offer priority delivery to buyers who buy Apple Watch Series 3 (GPS + Cellular) from its stores.

Billionaire Mukesh Ambani-led Reliance Jio is offering the latest offering from Apple - Apple Watch Series 3 - across its stores. Apple Watch
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The stock markets started Friday's session on a higher note, with the BSE Sensex rising 143 points in early morning deals. The National Stock Exchange (NSE) benchmark index, Nifty, also went up 45 points to touch 10,762. Gains were led by IT, consumer
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The latest postpaid plan from Jio - JioPostpaid - has led to further competition in the telecom sector.

Reliance Jio's launch of JioPostpaid plan starting with unlimited benefits from Rs 199, sent jitters to the stocks of rivals Bharti Airtel and Idea
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Airtel is also offering free cellular services to its postpaid customers via Apple Watch Series 3.

Bharti Airtel, the largest telecom operator in the country, is offering Rs 5,000 as cashback on Apple Watch Series 3. Apple Watch Series 3 (GPS +
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Fortis Healthcare runs about 30 hospitals in India.

The board of Fortis Healthcare on Thursday accepted an investment offer worth Rs 1,800 crore from the Hero Enterprise-Burman Family Office consortium. The cash-strapped hospital was a target of a fiercely contested bidding war. Hero Enterprise is an investment
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Infosys has seen some high-profile exits and entries over the last one year.

Ravi Venkatesan, Independent Director of Infosys, is stepping down from the Board to accept an exciting new role, IT major Infosys announced on Friday. Mr. Venkatesan has been an independent director since 2011 and served briefly as the
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Thirty eight stocks on the 50-scrip NSE Nifty finished the session in the positive zone

The Sensex and Nifty closed at three-month highs on Friday, one day ahead of polling in Karnataka assembly elections. The BSE benchmark index rose 289 points to
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It's hard to predict whether India will re-elect a majority government next year. But one fund manager has advice for investors: go against the crowd. If stocks start to rise on expectations of a stable administration, investors must book profit and re-enter should the results confirm the outcome, said Nilesh Shah,
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IRCTC's tour package journey will be by sleeper class of Indian Railways.

IRCTC (Indian Railway Catering and Tourism Corporation) tourism is offering a nine nights and 10 days package , which will cover places of religious importance such as Gaya,
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The UFBU is an umbrella body of nine unions in the banking sector representing staff and officers

Over 10 lakh bankers in government and private banks will go on a 48-hour strike starting May 30, said a bank employee association. The United Forum of Bank Unions (UFBU) proposed the strike beginning 6 am on May 30 till 6 pm on June 1, demanding early
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Destinations covered under this package of IRCTC are Shirdi - Pandaripur - Mantralayam.

IRCTC (Indian Railway Catering and Tourism Corporation) tourism is offering a 6 nights and 7 days package, which will cover Shirdi-Pandaripur-Mantralayam. The package is under 'Bharat Darshan Special Tourist Train' which covers all the important tourist places
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Bank fixed deposits (FD) are among the best bets of investors because of their fixed interest rates.

Bank fixed deposits (FD) are still among the best bets of investors because of their fixed interest rates. Because of guaranteed returns, FDs are
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7th pay commission: As per the recommendations, the basic pay rose by a factor of 2.57.

United Nations' "Economic And Social Survey Of Asia And The Pacific 2018", which was released recently, said that inflation accelerated in 2017 mainly as a result of increased food and fuel prices following severe floods in
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The CEO described the amount sanctioned as the highest in any scheme in independent India

New Delhi: The National Housing Bank (NHB) has sanctioned around Rs 3,018 crore under the credit-linked subsidy scheme (CLSS) of the Pradhan Mantri Awas Yojana
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Canara Bank's gross bad loans as a percentage of total loans rose to 11.84% at end-March

State-run Canara Bank Ltd reported a Rs 4,860 crore ($722.57 million) fourth-quarter net loss after a surge in provisions for bad loans.

The loss for the three

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Reliance Jio has revamped its postpaid offerings and introduced international calling to select countries at 50 paise per minute. Reliance Jio, which has announced a new postpaid plan at Rs 199, will offer international calling to the US and Canada at 50 paise per minute, according to a company statement. Reliance Jio has announced international
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JioPostpaid plan at Rs 199 does not require you to pay anything for activation of international roaming.

Reliance Jio on Thursday announced a series of new postpaid plans under its latest postpaid offering JioPostpaid. Reliance Jio's latest offering
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General Index for the month of March 2018 stood at 139.0.

Country's industrial output growth slowed to a five-month low of 4.4 per cent in March, dragged down by smaller increases in mining, but the central bank is expected to hold interest rates in
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Managing finances when travelling is vital. To make things easier and get the maximum benefit, travel oriented credit cards can go a long way. From better hotel rates, to accessing airport lounges, to getting insured for delays in travel, these credit
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Recurring deposit accounts with post offices fetch an interest rate of 6.9% per annum.

Recurring deposit (RD) accounts offer interest rates similar to those on fixed deposit (FD) accounts. The benefit of opening a recurring deposit is that your money
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BSNL or Bharat Sanchar Nigam Limited recently updated its prepaid offerings to introduce some new recharge packs. With new recharge packs priced from Rs 39 to Rs 349, BSNL offers different calling and mobile data benefits for a validity period ranging
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Web check-in cannot be made for the bookings done under IndiGo's offer.

IndiGo has come up with a special discount offer for students, the carrier said on microblogging website -- Twitter. IndiGo is offering a special discount under which students will get a 6 per cent off on base fare and also get an additional 10kg baggage allowance, said the
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Unlimited India plan under JioPostpaid starts at Rs 199 per month, Reliance Jio said.

Mukesh Ambani-led Reliance Jio Infocomm Ltd said on Thursday that it will launch a new series of postpaid plans called as JioPostpaid, which will offer unlimited
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Reliance Jio recently revamped its portfolio for postpaid customers. Reliance Jio - which offers telecom services under brand Jio, and is the latest entrant in the country's telecom sector - has announced a postpaid plan at Rs 199 per month. With
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Reliance Jio has announced new postpaid plans starting at Rs 199 per month. Called "JioPostpaid", Reliance Jio's new postpaid plans will be available for subscription from May 15, 2018, the telecom company said in a statement. Reliance Jio has introduced a "zero-touch" feature for its Jio Postpaid plans, wherein all postpaid services such as
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Flipkart would be run as a board managed company with Walmart acting as a resource centre, said the CEO.

New Delhi: World's largest retailer Walmart Inc on Thursday tried to assuage concerns around its $16 billion takeover of Flipkart, saying the deal is good for the country as it will help create millions of jobs over time and help the economy
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