Page 337 - Bs Reporter

Tata to build wings for Lockheed Matrtin's F-16 aircraft wings in Hyderabad

Tata Advanced Systems Limited is Lockheed Martin's strategic industry partner in India

Sensex falls as rupee slides, oil jumps; SBI, ICICI Bank stocks down

The Bank Nifty index fell 1.4 per cent, while the Nifty PSU Bank index declined 3.55 per cent, the most since August 10

IATA opposes greenfield airport tariff model, demands low tax on jet fuel

Civil aviation minister Suresh Prabhu said 100 new airports will be built in next 10-15 years with an investment of $60 billion

Cyient JV bags order from Indian Army for unmanned aerial vehicles

Deal value undisclosed; SpyLite UAV is an advanced, combat-proven, electric mini UAV system

Sensex ends 333 points lower as FMCG shares drop; Nifty below 11,600

The 30-share index closed at 38,312, while the Nifty 50 closed at 11,582.35, down 98 points or 0.84 per cent

L&T Infotech OFS subscribed 3 times, sale sees bids for 29.8 million shares

Shares of L&T Infotech on Monday closed at Rs 1,771, down 1.4 per cent

SBI launches new term loan for repair, renovation of homes in Kerala

The bank will provide loans up to Rs 1 million at a reduced interest rat of 8.45 per cent per annum

India's only edu-tech Unicorn Byju's could double valuation to $2.2 bn

The company was valued at $1 billion at the time of its previous funding round in August 2017

Canada's Brookfields in race to buy Leela Hotels from JM Financial ARC

Consolidated debt for the hotel chain stood at Rs 36.62 billion at the end of March

Sony Pictures Networks India to broadcast Pro Volleyball League in 2019

The Pro Volleyball League's blueprint is defined with the aid of the Volleyball Federation of India

Like Amazon, Flipkart cuts commission on low-cost items to benefit sellers

Amazon had adjusted its seller commissions in June, again targeting low-cost items

Madras HC judges boycott Governor's tea party over seating protocol issues

Some of the judges came out in open to mark their protest and alleged that the protocol were not maintained

Kerala rains: Kochi Airport closed; govt cancels official Onam celebrations

The death toll in Kerala rains has increased to 44 after five people died on Wednesday in building collapse due to rain in different cities

Rupee breaches 70-mark against dollar, experts say volatility manageable

From the end of March 2018 to August 3, India's foreign exchange reserves were down by $21.84 billion to $402.70 billion

Global investors up cash levels in August amid trade war: BofA-ML survey

The survey showed buying technology stocks remained the most-crowded trade

India benefitting from weakness in emerging markets, says Citibank

Most investors remain worried over absolute returns, owing to rising interest rates, crude oil prices and upcoming elections, Says Citibank

A company offering services to branches in other locations will attract GST

Although the tax could be claimed as an input credit by the location receiving the service, it might increase the compliance burden for companies

Morgan Stanley PE, Banyan Tree invest $75 mn in Nspira Management

Nspira currently offers its services to over 500 educational institutions with a student base of close to 400,000 across 13 states in India

Srei Group's plan for DCHL resolution falls short of creditors' votes

After the voting ended, applicant firm India Vision Fund submitted a modified plan in a last-ditch effort to stay in the ring, but there was no immediate response from the CoC, sources said