All-party meet ends in deadlock
Setting the stage for confrontation in Parliament, an all-party meeting called here on the eve of the Monsoon session on Monday ended in a deadlock over controversies related to Lalit Modi and Vyapam scam even as Prime Minister Narendra Modi offered to discuss all issues. The government ruled out... read more »
Jet Airways slash business class prices, announces special fares
Jet Airways has announced special premiere fares for all passengers travelling on its domestic network between July 20 and October 15. The all inclusive premiere fares will start from Rs 6,999 for distances less than 750 km and Rs 8,999 for distances between 750 km and 1000 km, which will be... read more »
Spicejet shares surge over 5 per cent on stake sale buzz
Shares of Spicejet on Monday surged over 5 per cent amid reports that two Gulf airlines have approached the company for buying a stake in the domestic firm. Following the buzz, the stock rose by 5.22 per cent to Rs 23.15 on Bombay Stock Exchange (BSE). On the volume front, 29.97 lakh shares of the... read more »
Gold Tumbles to More Than Five-Year Low, China Shares Eke Out Gains
Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold fell 2.3% in a matter of minutes early Monday, after China’s central bank reported on Friday its gold... read more »