Indian airlines may face Rs 77 cr weekly addl expenses on airspace curbs

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. Photograph: Air India Express on Facebook

JetBlue pulls outlook, sees travel demand slowdown worsening

JetBlue Airways Corp. withdrew its full-year financial outlook and said a slowdown in demand for air travel is poised to worsen as President Donald Trump’s trade war erodes consumer confidence. A sudden downturn in demand for trips during the first

Mukesh Ambani’s net worth tops $100 billion again after Reliance share price rallies 8% since Q4 results

Billionaire industrialist Mukesh Ambani’s net worth topped the $100 billion mark again on Wednesday, April 30, after Reliance Industries share price extended its winning streak for two straight days post strong quarterly results. The share price of the oil to

Markets end in red; Bajaj twins, geopolitical tensions drag

Equity benchmark indices Sensex and Nifty ended flat in a highly volatile trade on Wednesday after two days of rally amid growing concern over geopolitical tensions and selling in Bajaj twins. Photograph: Shailesh Andrade/Reuters Sustained foreign fund inflows, however, restricted

Mumbai court issues non-bailable warrant against Mehul Choksi in loan fraud case

A court in Mumbai has issued a non-bailable warrant against diamantaire Mehul Choksi in the Canara Bank-led consortium loan fraud case involving about Rs 55 crore. Photograph: ANI Photo Choksi, a prime accused in the multi-million dollar Punjab National Bank

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank. Photograph: Anushree Fadnavis/Reuters This comes a day

Mother Dairy hikes milk prices by up to Rs 2/litre

Mother Dairy has hiked milk prices by up to Rs 2 per litre effective Wednesday to partly offset rising input costs. The price revision will be effective from April 30, 2025 across its market, a company official said on Tuesday.

Urban Company files draft papers for ₹1,900 crore IPO

Urban Company, which offers mobile app-based beauty and home care services, on Monday filed preliminary papers with the capital markets regulator Sebi to raise ₹ 1,900 crore through an initial public offering (IPO). The company proposed to raise ₹429 crore

Jana Small Finance Bank Q4 results: Net profit down 62% YoY to ₹123 crore, interest income rises 8%

Jana Small Finance Bank Q4 results: Net profit down 62% YoY to ₹123 crore, interest income rises 8% Source link

SC orders CBI probe on 'builders-banks nexus'

Observing an “unholy nexus” between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited. Source link

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