SpiceJet has posted a profit of £2.3 milliom in October-December, 2021, period against a loss of £5.7million in same period last year. The low-cost carrier says its total income this Q3 grew to £267.9 6 million up by 42. 8% from £187.57 million...

The finance ministry's monthly economic review said that the Indian economy is poised to grow at the quickest pace among large nations on the back of various initiatives taken by the government in Budget 2022-23. “The current year may as well...

The Reserve Bank of India (RBI) indicated that interest rates have bottomed out and yields are inching up in debt instruments as well as deposits, in clear indications that there may not be any rate cuts in the near future. “Scheduled commercial...

India's income tax (IT) department has began search operations at the premises of former National Stock Exchange (NSE) MD and CEO Chitra Ramkrishna and former group COO Anand Subramanian as part of a wider probe on tax evasion after a final...

Tata Sons chairman N Chandrasekaran (popularly known as Chandra) outlined the group’s vision on Air India in his address to employees. Terming AI the “flagship”, he spoke about bringing back the Maharaja hospitality both in flight, in the lounges...

IndiGo co-founder and promoter Rahul Bhatia will now have complete control over India’s largest domestic airline. Rakesh Gangwal, who along with Bhatia had launched IndiGo at the start of this millennium, resigned with immediate effect as director...

Ahmedabad-based MR Organisation (MRO)acquired 100% equity stake in UK-based air compressor component maker Standard Air. MRO supplies air compressor components to dealers, wholesalers, service companies and OEMs to 72 countries globally in addition...

Shahi Exports, India’s largest garment company which supplies fashion goods to dozens of international brands, agreed to pay nine months back pay worth £3 million to tens of thousands of workers, after refusing to pay minimum wages for two years....