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No more hunting for LPG dealers; you can...

No more hunting for LPG dealers; you can soon apply for connection online

New Delhi: Getting an LPG connection will be hassle free as you will soon be able to book your new LPG connection online. As per a Times of India report, state-run fuel companies will launch a web-based booking system for LPG connections. The initiative is a part of PM Modi’s ‘Digital... read more »

SpiceJet to launch Chennai – Kolka...

SpiceJet to launch Chennai – Kolkata – Agartala flight

The Chennai-Kolkata- Agartala flight will depart daily at 2.50pm. SpiceJet will be the first airline to offer a connecting flight on the route. The service will also add a frequency on Chennai-Kolkata route which now has only one daily flight. The new flights are a part of SpiceJet’s... read more »

Rupee falls against US dollar; hits fres...

Rupee falls against US dollar; hits fresh 2-year low

NEW DELHI: The rupee fell by another 35 paise to trade at fresh two-year low of 65.89 against the dollar today on sustained capital outflows by foreign funds even as the US currency weakened overseas. Besides, strong demand for dollar from importers and banks and a lower opening in the domestic... read more »

Rupee Falls to Nearly Two-Year Low of 65...

Rupee Falls to Nearly Two-Year Low of 65.90/Dollar

The Indian rupee fell to 65.90/dollar on Friday amid fears of a currency war after China’s depreciation of its yuan. This is lowest value of the rupee since September 6, 2013, when it had hit 66.29/dollar. This takes the rupee’s fall to over 3 per cent since August 11, 2015, when China... read more »

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Zomato in talks to raise $100 million after acquiring US-based Urbanspoon

Zomato, India’s restaurant search services provider, is in talks to raise about $100 million in fresh funding after it acquired US-based rival Urbanspoon for about $50 million in one... read more »

Coal India slips on divestment buzz

Coal India fell 4.17% to Rs 360.10 at 11:09 IST on BSE on report the government is planning to sell a 10% stake in the state-run coal miner. Meanwhile, the BSE Sensex was down 25.07 points,... read more »

Alibaba to Buy $550 Million Stake in Paytm’s Parent Company: Report

China’s Alibaba Group Holding Ltd and its unit Alipay are in advanced talks to buy a stake for about $550 million (roughly Rs. 3,417 crores) in India’s One97 Communications,... read more »

Aditya Birla Group to invest Rs 20,000 crore in Gujarat

Making public his “personal bias” for investing in Gujarat, Kumar Mangalam Birla on Sunday said the diversified Aditya Birla Group will invest Rs 20,000 crore over a period of... read more »

Essar Oil to invest Rs 6k cr to expand Vadinar refinery in Guj

xEssar Oil, which has a 20 million tonne per annum (MTPA) refinery at Vadinar in Gujarat, plans to pump in Rs 6,000 crore to expand its capacity. The plant started commercial production in 2008.... read more »