Business

Under the memorandum of understanding signed with the institute, the Federation of Indian Export Organisations (FIEO) has launched a postgraduate programme in foreign trade management (PGP-FTM) at Mumbai.

In 2013, the Mumbai-based company had announced receiving an over Rs 1,100- crore multi-year contract from the Department of Posts (DoP) for an end-to-end IT modernisation programme.

The data showed that 80.86 lakh new jobs were created in the 18 months period from September 2017 to February 2019.

At least 280 slots were vacant in Mumbai and 160 in Delhi after Jet Airways - once India's largest private carrier - ended all operations on Wednesday evening after failing to secure further loans from lenders.

The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services (AWS), Kindle e-books and cross-border teams that help ship goods from Chinese merchants to customers abroad.

Since India received the sanctions waiver by the US, only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil.

Axiata Group, which held 8.1 per cent (valued at Rs 3,771 crore) stake in the telecom major, was entitled to receive 87 equity shares for every 38 shares held by eligible shareholders of the company on the record date, April 2, 2019.

Forex dealers said selling of the American currency by exporters supported the rupee. Moreover, IMF's bullish growth outlook for the Indian economy added strength to the local currency.

BSNL has been ailing because of high revenue-to-wage ratio as a large number of government employees were transferred by the telecom department to the telecom PSU.

Top gainers in the Sensex pack include HCL Tech, Tata Motors, Vedanta, Reliance, TCS, Coal India, L&T, ICICI Bank, ITC and Bajaj Auto, rising up to 1.87 per cent.

Cho Yang-ho, 70, was on trial for corruption and his death comes less than two weeks after he was forced off the board by shareholders amid snowballing scandals surrounding his family members.

The Supreme Court quashed the RBI's February 18, 2018 circular which directed banks to move against defaulters under the Insolvency and Bankruptcy Code on their failure to pay up within 180 days from March 1, 2018.

Banks are seeking court permission to liquidate 65.85 lakh shares of United Spirits which were pledged by two Vijay Mallya companies — United Breweries Holdings and Kingfisher Finvest, the holding company of the defunct Kingfisher Airlines — as collateral...

Dhawan, who spent about five months in jail with her husband Rupak Jain, was back in the company earlier this week, sources said. She was granted bail by the Allahabad high court earlier this month.

Boeing said in a statement that it will make the 'Angle of Attack disagree' alert a standard feature on the 737 MAX and added it can be retrofitted on existing airplanes.

The veteran economist and former RBI governor Raghuram Rajan also said that if he were the finance minister, his primary concerns at this point would be land acquisition, bank cleanup and policies to revive the agriculture sector.