Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo. Photograph: Benoit Tessier/Reuters These 100 new aircraft are in addition to the
Analysts are warning of growing risks to the market’s sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for
Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders’ activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back
CE Info Systems ltd., parent company of MapMyIndia, at the conclusion of its board meeting on Monday, December 9, has announced that it has decided to reverse its decision to invest in the new company that will be formed by
Stock Market Today: Shares of Roto Pumps surged 13.5% in trade on Monday, December 09, to hit a three-month high of ₹320 apiece. The intraday rise also marks the largest increase for the stock in the past five months. The
Prices of various car models — ranging from entry-level hatchbacks to high-end luxury offerings — are set to rise as automakers have announced price hikes with effect from January. Photograph: Hamad I Mohammed/Reuters Carmakers cite an increase in input costs
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as a safe and key investment destination globally. According to data from the Department for Promotion
Investors’ sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global
After a volatile day on December 5 due to F&O expiry, the Nifty showed a minor weak bias on December 6, closing 30 points lower. The market opened slightly positive but traded within a narrow 130-point range throughout the session.
