About “one-third” of the stalled Jet Airways 2.0’s 230 employees (about 70) will be sent on leave without pay or face pay cuts of up to 50% starting December 1, 2022. 

Reliance Industries wants to establish itself in India's towns and cities by controlling the $800 billion retail market as well. This includes forming alliances with high-end fashion brands like Balenciaga and buying a Coca-Cola knockoff.

The USA ordered Air India to pay up to $121.5 million in refunds to passengers who had their flights cancelled or changed, mostly due to the Covid-19 pandemic. In addition, the airline has been asked to pay another $1.4 million in fines for...

LIC has reported a record net profit of £1.59 billion for the September quarter, over 10 times the £143.3 million profit in the year ago period. The corporation had recorded a net profit of £68.2 million in the June quarter. LIC reported a 10%...

The government through the Specified Undertaking of the Unit Trust of India (SUUTI) has said that it will sell its 1. 6% stake in Axis Bank. At current market price of Rs 874, the stake is worth £444.3 million.

Companies led by Mukesh Ambani and Gautam Adani have entered into the race to buy Future Retail, which is heavily indebted. April Moon Retail Private, a joint venture between Adani Airport Holdings and Flemingo Group, Reliance Retail Ventures,...

Goldman Sachs has promoted 80 employees globally as partners. There are eight Indians in total, with Sivasubramanian Balaji, the co-head of engineering in Bengaluru and the global co-head of data lake engineering, based in India in the Bengaluru...

India's gross direct tax collections rose almost 30.7% to over £105 billion in the financial year up to November 10, with the mop-up so far reaching 61% of Budget estimates. The latest numbers released by CBDT indicated that the growth rate...