Air India expects to induct 26 new planes in 2026: CEO Campbell Wilson

Air India Group expects to induct 26 wide-body and narrow-body planes, and operate 81 per cent of its international flights with upgraded aircraft by the end of 2026, while overall capacity will remain almost unchanged next year. “2026 will be

Sensex drops over 331 points on last-minute selling

Benchmark stock indices Sensex and Nifty declined on Monday amid last-minute selling by cautious investors and lack of any major triggers. Photograph: Danish Siddiqui/Reuters Paring early gains, the 30-share BSE Sensex declined by 331.21 points or 0.39 per cent to

HUDCO signs MoU with NIUA to collaborate on urban development programmes

Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding with the National Institute of Urban Affairs (NIUA) to deepen cooperation across urban infrastructure and development initiatives. The non-binding MoU, signed on November 24, outlines collaboration on programme

Nifty 50 falls from Mt 26K, again: What makes it a formidable level to conquer?

The Indian stock market is swinging between gains and losses, keeping investors on tenterhooks. After hitting a 52-week high of 26,246.65 on Thursday, November 20, the market benchmark Nifty 50 has hit a downward spiral again, falling nearly 1% in

Neville Tata Steps Out Of Shadow

As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards. Illustration: Dominic Xavier/Rediff   One can often find Neville Tata, 32, the new trustee of the Sir Dorabji Tata Trust and

Forex reserves jump $5.54 bn to $692.57 bn

India’s forex reserves jumped $5.54 billion to $692.57 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had dropped

Why steel tycoon Lakshmi Mittal is leaving UK

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shake-up for the super-rich nears, according to

Factors that will guide the markets this week

Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. Illustration: Dominic Xavier/Rediff “This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets

Stocks to Watch: Tata Power, Tata Chemicals, TCS, RVNL and more

Tata Power signed agreements for Bhutan’s ₹13,100-crore hydropower project, while Tata Chemicals announced major capacity expansions. Natco received FDA observations, HG Infra and RVNL emerged as L1 bidders for metro and railway projects. Lemon Tree added a new Bhopal property,

Sebi, MF heads to discuss contentious brokerage fee cap on Monday

The contentious proposal to cap the fees that fund houses pay brokers for executing trades will be discussed in a meeting between the capital markets regulator and the top executives of asset managers on Monday, according to two people aware