India’s low-cost carrier SpiceJet will continue to operate only 50% of its scheduled departures for another month till October 29, according to a Directorate General of Civil Aviation (DGCA) order issued recently.
-
26th Nov 2022 | Updated at 09:07pm 26th Nov 2022
Tatas, SIA finalise merger deal of Air India and Vistara
The proposed merger of Air India and Vistara has been finalised by the Tata Group and Singapore Airlines (SIA). SIA would own the remaining portion in the combined company; Tata will have around 75% of it. In Vistara, Tatas and SIA hold 51%...
India to become third-largest economy by 2027: Morgan Stanley
India is on track to surpass Japan and Germany to become the third-largest economy in the world by 2027 and to have the third-largest stock market by 2030, with key investments in technology and energy, says Ridham Desai, Morgan Stanley’s Chief...
Global food & beverage conglomerate Nestle SA plans to invest £500 million in India by 2025, its CEO Mark Schneider announced recently. The move will help the company to accelerate its core business in the country and leverage new opportunities...
The 150-year-old Tata group is bringing its multiple airlines -Air Asia and Vistara -under Air India, a company it launched decades ago and was later nationalised....
The Indian IT services industry is waging a war against moonlighting. Wipro chairman Rishad Premji has said that the company has fired 300 employees in the past few months for working for direct competitors while being on the rolls of Wipro.
Adani Group founder Gautam Adani has overtaken Reliance Industries chairman Mukesh Ambani to become the richest man in India for the first time with a...
The jump in retail inflation in August to 7% has triggered apprehensions that India’s Reserve Bank (RBI) may unveil a sharper than expected interest rate increase to tame price pressures. This has dashed hopes that the central bank was shifting...
India’s exports went up 1.6% to $33. 9 billion in August, compared to a 1% decrease estimated earlier, while imports shot up 37% to $62 billion, pushing up the trade deficit to $28 billion, more than twice last year’s level.
India’s wholesale price inflation (WPI) moderated to an 11-month low in August on the back of easing prices of fuel and power, manufactured food and non-food items but remained in double digits for 17th month in a row.
Air India has unveiled a 5-year plan called ‘Vihaan.AI’ to focus on its growth in network and fleet, revamping its customer proposition, enhancing reliability...
Gautam Adani became the world's second richest person, but only for a brief period. The tycoon surpassed Amazon boss Jeff Bezos and Louis Vuitton's Bernard Arnault to grab the second spot with a net worth of $154.7 billion, showed Forbes' real-time...
