The crash has dealt a blow to the conglomerate’s efforts to turn around Air India, especially following its merger with Vistara in 2024. IMAGE: A view of Tata Group headquarters Bombay House in Mumbai. Photograph: ANI Photo Grief hung
Investors’ wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Photograph: Francis Mascarenhas/Reuters Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global
Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI’s median target of 4 per cent for the fourth consecutive month, according to government data released on
US Stock Market LIVE Updates: US stocks are drifting on Thursday (June 12) as Wall Street’s momentum cools following a big rally that had brought it to the brink of its record. The S&P 500 was 0.1% higher in morning
India’s stock market fell by 1% on Thursday, hurt by renewed geopolitical tensions between Israel and Iran, and volatility ahead of the weekly Nifty futures and options (F&O) expiry. A London-bound Air India plane crashed soon after taking off from
‘Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.’ Illustration: Dado Ruvic/Reuters Merger & acquisition (M&A) in India this year is expected to be robust, driven by consolidation, while private-equity interest remains
However, under several external factors — such as technological disruption or advancement, regulatory or policy changes, or economic shocks — the gig workforce may grow only to 32.5 million by 2047, a report points out. Kindly note the image has
‘Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.’ Illustration: Dominic Xavier/Rediff Parag Raja, managing director (MD) and chief executive officer (CEO), Bharti AXA Life Insurance, outlines the company’s five-year road
Global home decor and furniture retailer IKEA has ambitions to increase sourcing from India to 50 per cent, Swedish trade minister Benjamin Dousa said on Wednesday. Photograph: Hemanshi Kamani/Reuters IKEA’s sourcing basket includes textiles, plastics, and metals, among others, and
State-owned power giant NTPC raised USD 750 million through External Commercial Borrowing (ECB) to fund its business expansion. Bank of Baroda acted as the lead arranger and underwriter of the syndicated term loan facility. The proceeds of the facility will
