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IndiGo may charge customers for checked-in bags as market heats up
IndiGo, one of Asia’s biggest budget carriers, is mulling charging passengers for checked-in luggage as the airline prepares for a potentially fierce price war in India’s cutthroat air travel market, which is showing signs of recovery…
Paytm set for trading debut after $2.5 billion IPO
Indian digital payments company Paytm is set to make its stock market debut on Thursday, after its $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed last week.
Paytm, which counts China’s Ant Group and…
Sensex drops 314 points, Nifty settles below 17,900; RIL, HDFC twins drag
The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended over 0.5 per cent on Wednesday weighed by market heavyweights Reliance Industries (RIL) and HDFC twins.
The S&P BSE Sensex slipped 314.04 points (0.52…
Akasa Air orders 72 Boeing 737 Max aircraft to launch service in India
NEW DELHI: Rakesh Jhunjhunwala-backed new airline Akasa Air has ordered 72 '737 Max' aircraft from US-based aerospace company Boeing to launch service in India, a statement said on Tuesday.
"Akasa Air's order includes two variants from…
India received record FDI in last 7 years: Piyush Goyal
NEW DELHI: India attracted "record" foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and…
Byju’s introduces period leaves for staff, trainees.
NEW DELHI: Edtech major Byju's on Tuesday said it has updated its employee leave policy wherein staff and trainees will be able to work in a flexible manner, including availing period and child care leaves.
This new policy is a…
Women want to play a bigger role in Make in India: Study
NEW DELHI: Women professionals want to take on more responsibilities and play a larger role in operations, manufacturing, and engineering services sectors, and conducive policies and practices are needed to help gender inclusion in these…
Startup airline Akasa orders 72 737 max aircraft to launch service – Boeing
Washington, Nov 16 (UNI/Sputnik) Akasa Air, a new airline targeting domestic travel in India, ordered 72 fuel-efficient 737 Max passenger jets valued at nearly $9 billion, Boeing said on Tuesday.
"Akasa Air's order includes two variants…
Amazon platform used for smuggling ganja online. Company responds
NEW DELHI: E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana (ganja).
Online marijuana racket busted in Madhya Pradesh Currently investigating…
Mondelez International invests ocean fund to drive recycling of plastics in India
Mumbai, Nov 15 (UNI) Mondelez International announced its commitment to advance a circular economy for plastic waste with a significant investment in the Circulate Capital Ocean Fund (CCOF), focused on advancing scalable business solutions…
Amazon announces deals for Black Friday event
San Francisco, Nov 15 (UNIXinhua) Amazon announced on Monday that more Black Friday deals than ever before will be available starting Nov. 25.
Customers will be able to shop deals "with deep discounts on top products and must-have…
Sebi Chairman cautions investors against ‘lure of unrealistic returns’
Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi on Sunday cautioned investors against getting lured by unrealistic returns and promises that are “too good to be true”.
“Investors should be careful against getting…
Looking at non-stop flights to a lot of new international markets: IndiGo CEO
While Covid was the worst period for airlines globally in terms of the loss of business, it was also a time that changed behaviours of both consumers and markets. One of the views echoed the most across the airline industry is that…
India is back in business, can be world’s hub of industry & services: Piyush Goyal
New Delhi, Nov 14 (UNI) Minister of Commerce and Industry, Consumer Affairs and Textiles Piyush Goyal on Sunday pushed the country's attractiveness as a destination for global trade and investment underlined by the country's capability to…
RBI asks banks to standardise NPAs only on full interest, principal payments
The Reserve Bank of India (RBI) has directed banks that that loan accounts classified as non-performing assets (NPAs) should be upgraded as ‘standard’ asset only if entire arrears of interest and principal are paid by the borrower.…
Earnings outlook gives Sensex a boost
Led by IT, energy and realty stocks, domestic markets on Friday rallied by 1.28 per cent amid expectations of good corporate earnings and economic fundamentals. The Sensex shot up 767 points to 60,686.69 and the NSE Nifty index rose 229…
Fall in currency, gold assets pulls down forex reserves by $1.1 billion
The country’s forex reserves posted a decrease of $1.145 billion to reach $640.874 billion during the week ended November 5, according to data released by the Reserve Bank of India (RBI).
In the preceding week ended October 29, the…
IBBI: IPs should work out resolution plans in time-bound manner
As the valuation of a stressed asset declines each day, insolvency professionals (IPs) should work on a resolution plan within a particular time frame, an official of the Insolvency and Bankruptcy Board of India (IBBI) said on Saturday.…
Container issue taken up, will address it: Sarbananda Sonowal
Union Minister Sarbananda Sonowal on Saturday emphasised that the issue of container shortage would be addressed “successfully” as the matter has been taken up with all urgency.
During a day-long visit to JNPT here, Sonowal also said a…
EAM Jaishankar visits India Pavilion at Dubai Expo 2020
Dubai/New Delhi, Nov 13 (UNI) External Affairs Minister S Jaishankar on Saturday visited the India Pavilion at the Dubai Expo 2020 that saw 300,000 footfalls a day ago, and also interacted with his counterparts from Cyprus, Slovakia and…