India’s exports dipped for the first time since February 2021 as some of the checks imposed by the government to increase domestic supply took a toll on shipments out of the country. This pushed up the trade deficit to a new record of $31 billion...
-
17th Aug 2022 | Updated at 03:30pm 17th Aug 2022
Budget airline IndiGo drastically reduces its losses
India’s budget airline IndiGo has reported a loss of £106.43 million in the April-June 2022 quarter, down by almost two-thirds from a loss of £317.42 million in the same period last year. Record high jet fuel prices and a weaker rupee meant...
Increased revenue reduces Vodafone Idea loss
India's telecom service provider Vodafone Idea (VI) has reported its consolidated loss to £729.7 million for the June quarter. It is a marginal narrowing as compared to £7,31.9 million loss reported year-ago period, as tariff hikes boosted its...
India’s budget airline IndiGo has reported a loss of £106.43 million in the April-June 2022 quarter, down by almost two-thirds from a loss of £317.42 million...
SpiceJet promoter Ajay Singh is now in talks with multiple players - including a Middle Eastern carrier and a big Indian conglomerate - for stake sale to raise funds for the struggling-to-survive budget airline, which urgently requires re-capitalisation...
India's telecom service provider Vodafone Idea (VI) has reported its consolidated loss to £729.7 million for the June quarter. It is a marginal narrowing...
The costs of borrowings for businesses and individuals, including home and auto loans, will increase as the Reserve Bank of India has hiked its repo rate...
Fortune Global 500 list ranks companies by total revenues for their respective fiscal years ended on or before March 31, 2022.
The 5G spectrum auctions came to a close on Monday after seven days. It fetched a record £15 billion for the exchequer as the government now prepares to...
Tata Sons, which took over Air India this January, had announced the appointment of Campbell Wilson who, at that time, was the CEO of Singapore Airlines (SIA) budget arm Scoot.
After Air India, the government has now begun work on privatising its erstwhile subsidiaries - regional carrier Alliance Air Aviation, AI Engineering Services...
Adani Group, whose combined group market capitalization exceeded $200 billion, now holds a major global renewable energies portfolio, and has also made progress in other sectors in the past one year: being the largest airport operator in India,...
