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28 June, 2018 8:25 AM Australia's Qantas Airways appoints former Wesfarmers CEO Richard Goyder as chairman

Qantas Airways said on Thursday it is appointing former Wesfarmers Ltd CEO Richard Goyder as its new chairman from October, replacing long-serving chairman Leigh Clifford who is retiring at a time of record earnings at the airline. The airline underwent a dramatic financial turnaround during Clifford's tenure. Qantas has forecast it will report record 79

18 June, 2018 5:40 AM Sell Gruh Finance, target Rs 309: Dinesh Rohira

The scrip is facing a resistance at Rs 337 levels and crucial support from 100-days EMA is placed at Rs 305 levels. We have a sell recommendation for Infibeam which is currently trading at Rs 322.45, says Dinesh Rohira of 5nance.com. Gruh Finance witnessed a sharp correction on the weekly price chart despite making a decent move on the upside. The scrip 64

15 June, 2018 10:41 AM Fitch revises Axis Bank outlook to negative

Ratings agency Fitch on Friday said it has revised the outlook of Axis Bank to negative while affirming the rating of BBB-. “The Negative Outlook on Axis's IDR (issuer default ratings ) reflects rising pressure on its standalone profile relative to banks with a Viability Rating of BBB-, stemming from heightened asset-quality stress and weak earnings 84

13 June, 2018 5:03 PM Fitch cuts SBI, Bank of Baroda viability ratings

‘Poor asset quality has hurt risk profile’ Ratings agency Fitch has downgraded viability ratings of State Bank of India and Bank of Baroda by a notch to ‘bb+’ and ‘bb’ respectively citing the lenders’ weakened risk profile due to poor asset quality and the vulnerability of their capital buffers to moderate shocks. “Eleven banks reported common equity 62

4 June, 2018 4:26 AM Rupee rises 21 paise in early trade

.Forex dealers said a higher opening of the domestic equity market supported the rupee. Maintaining its uptrend for the fourth straight day, the rupee strengthened by 21 paise to a fresh one-month high of 66.85 against the dollar in early trade on increased selling of the greenback by exporters and banks. Participants are also keeping an eye on RBI’s 80

1 June, 2018 5:47 PM Auto sales zip on fast lane in May

Maruti Suzuki clocks 24% growth in passenger vehicles , Tata Motors 61% Automakers continued to witness strong demand in the month of May with most registering double digit growth in domestic sales. Market leader Maruti Suzuki saw a growth of 24% in passenger vehicles sales at over 1.63 lakh units last month, driven by an almost 51% growth in sales of compact 109

8 May, 2018 5:24 PM ‘IT hiring to edge up in April-Sept.’

Hiring plans of the Indian IT companies will edge up during the April-September period as labour market outlook is optimistic, according to a survey. Indian IT employers will continue to be net hirers in the next two quarters, according to the IT employment outlook survey conducted by Experis IT — ManpowerGroup India. The survey indicates that IT hiring 77

4 May, 2018 4:45 PM Phillips Carbon Black plans to expand capacity, build T.N. unit

Commits ₹900 cr.; outlook good for the tyre material: CEO Phillips Carbon Black Ltd., an RP-SG Group company is planning a 50% expansion in capacity through two brownfield projects at Mundhra and Palej and a greenfield one in Tamil Nadu, at an investment of about ₹900 crore. PCBL Chairman Sanjiv Goenka said at a press meet that the firm would fund these 110

4 May, 2018 11:22 AM Thunderstorms to continue across Northern India over the weekend, heavy rain in the East: IMD

Thunderstorms and strong winds killed over 100 people and injured more than 200 in Rajasthan and Uttar Pradesh on Thursday. NEW DELHI: The northern and eastern parts of the country are very likely to have thunderstorms on Friday and Saturday, the Indian Meteorological Department (IMD) has warned. The warning comes a day after heavy rain, winds and lightning 124

25 April, 2018 11:46 AM 'Veere Di Wedding' Trailer: Kareena Kapoor, Sonam Kapoor and Gang Give You Some Major Bestie Goals!

Watch the trailer of Kareena Kapoor and Sonam Kapoor's 'Veere Di Wedding' here We can only imagine how many people were counting down to this day! The much awaited trailer of Veere Di Wedding has finally released and we’re really liking its vibe! Veere Di Wedding is special in so many ways. Not only is it Kareena Kapoor’s first film post Taimur, but it’s also India’s 153