Business

New Delhi: The Enforcement Directorate Saturday said it has filed a chargesheet against businessman Anil Ambani's group company, Reliance Power Ltd. and 10 others in a money laundering case linked to the issuance of an alleged fake bank guarantee of Rs 68 crore for securing...

New Delhi: Russia agreed to encourage joint manufacturing in India of military hardware and spare parts for the maintenance of Russian-origin arms and defence equipment. Ways to bolster overall bilateral defence cooperation figured prominently during summit talks between Prime Minister Narendra Modi and Russian President...

Mumbai/Bhubaneswar: Airfares reached levels never seen before Friday, with a one-way one-stop economy-class SpiceJet Kolkata-Mumbai flight ticket for December 6 costing up to Rs 90,000, and a similar ticket of Air India for Mumbai-Bhubaneswar going up to Rs 84,485, according to the airlines’ websites. A...

Bhubaneswar: Odisha government is working to ensure that no person is compelled to migrate out of the state in order to eke out a living after 2029, Law Minister Pritithiviraj Harichandan said Friday. Odisha will achieve self-reliance in employment and development, ensuring opportunities for people...

Mumbai: Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) Friday cut key benchmark interest rate for the first time in six months and vowed to provide Rs 1 lakh crore liquidity boost to banking sector to...

New Delhi: India and Russia have signed agreements related to the mobility of skilled workers between the two countries for taking up employment and the granting of e-tourist visas to each other's citizens, according to a joint statement issued Friday after talks between Prime Minister...

New York: Netflix has struck a deal with Warner Bros Discovery to buy the legacy Hollywood giant's studio and streaming business for USD 72 billion. The acquisition, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond...

New Delhi: IndiGo cancelled over 1,000 flights Friday and said operations are expected to normalise in the next 10 days, as the country's largest airline received flight duty norms relaxation from watchdog DGCA, which will probe the disruptions that have impacted thousands of passengers for...

Mumbai: Pilots' body Airlines' Pilots Association (ALPA) India Friday took "strong" objection to safety regulator DGCA's "selective and unsafe" relief to domestic carrier IndiGo, amid widescale cancellations, saying the decision sets a dangerous precedent. The Directorate General of Civil Aviation (DGCA) earlier in the day...

New Delhi: Aviation watchdog DGCA has set up a four-member committee to carry out a comprehensive review and assessment of the circumstances that led to the massive flight disruptions. The panel members are Joint Director General Sanjay K Bramhane, Deputy Director General Amit Gupta, Senior...