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...
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3rd Jun 2023 | Updated at 01:07am 3rd Jun 2023
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
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,...
India's Tata Motors has reported a wider net loss in the first quarter of fiscal 2023 as Jaguar Land Rover’s (JLR’s) earnings skidded and raw material...
After Reliance Retail scrapped its plans to buy assets of Big Bazaar parent Future Retail (FRL) for £2.47 billion, in a big blow to US e-tailer Amazon, India’s National Company Law Tribunal (NCLT) has now allowed the initiation of insolvency...
