The airline proposes to let lenders convert debt into equitySBI will now become majority stakeholder in the airline; founder Naresh Goyal's stake to come down from 51% to around 25%
President Donald Trump said on Friday there was 'a very good chance' the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.
New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information than previously known from smartphone users, including health and other sensitive data.
Stocks rose in major markets across the world on Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts.
The Trump administration will fall 'a little under' its target of 3 percent annual growth of gross domestic product for 2018, the Federal Reserve said Friday in a report that offers an economic scorecard of sorts for the first full year of President Donald Trump's term.
The Federal Reserve's promise in January to be 'patient' about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth.
Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed a $15 billion write-down on its marquee brands, raising concern that years of rigorous cost cutting have eroded the value of its Kraft cheeses and Oscar Mayer deli meats.
Warren Buffett's Berkshire Hathaway Inc is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said on Friday.
The share-swap deal is expected to close by next month and will give Uber a 10% stake in Swiggy, according to a reportSwiggy is currently leading discussions but rival Zomato is still in the race for a share-swap deal, another report said
Using AI and machine learning to automate contract management, it identifies key clauses and legal information from contracts and compares them to internal legal standards to point out various details
Piramal Enterprises executive director Nandini Piramal says the removal of ban allows them to invest more in the brandSupreme Court allows Piramal Healthcare to continue manufacturing, distribution and sale of Saridon
Orders for the LCA will likely help HAL deflect the negative publicity it has attracted in political slugfestThe announcement of the Mk-1A version of Tejas came a day after the much-delayed project received its final operational clearance