• Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Telegram
  • Koo
  • Youtube
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

Business News Updates

Air India
In-Flight Pilot's Welcome Announcement Changed For Air India Passengers

On Friday, the first day post the formal take over by the Tata Group, the pilots were asked to change the welcome announcement which are made after the closure of the cabin.

bharti-airtel-business
Google Invests USD 1 Bn In Bharti Airtel, Picks 1.28 Pc Stake

Alphabet Inc's Google will pay USD 700 million (Rs 734 per share) for a 1.28 per cent stake in Bharti Airtel Ltd and the rest towards multi-year plans that will include devices.

Renewable Energy
India's Renewable Energy Sector To Employ One Million People By 2030

The study 'India's Expanding Clean Energy Workforce' highlights that most of the new jobs would be generated by small-scale renewable energy projects such as rooftop solar and mini and micro-grid systems compared to utility or large-scale projects like solar parks

India's Electronic Goods Exports
India's Electronic Goods Exports Up By 49% On-Year In April-Dec 2021

The top five export destinations in April-November 2021 are - USA (18 per cent), UAE (16.6 per cent), China (7.6 per cent), Netherlands (4.5 per cent) and Germany (4.2 per cent)

Air India Comes With Over 140 Aircraft But No Real Estate Assets For Tata Sons
Air India Comes With Over 140 Aircraft But No Real Estate Assets For Tata Sons

Under the agreement with the Centre, no employee will be removed for one-year. In the second year, if an employee has to be removed, a VRS option will be provided.

Sensex Sinks 581 Pts On Weak Global Cue; Gold Plunges Rs 563
Sensex Sinks 581 Pts On Weak Global Cue; Gold Plunges Rs 563

Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar, tracking the strength of the American currency after a hawkish US Fed policy stance.

Golden Age Of Air India Lies Ahead; Proud To Welcome It Back Into Tata Family: N Chandrasekaran
Golden Age Of Air India Lies Ahead; Proud To Welcome It Back Into Tata Family: N Chandrasekaran

In a separate social media post themed "Looking back, looking forward", Chandrasekaran reiterated that Tata Group is committed to making Air India a world-class airline.

Jobs
Budget 2022: Capex Likely To Focus On Jobs Creation, PLI Expansion

Besides, focus on health, housing and physical infra is expected to continue.

Air India
Govt Notifies Air India Asset Transfer Agreement With AIAHL; Stage Set For AI Handover To Tata Group

The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. The deal also includes sale of Air India Express and ground handling arm AISATS.

Air India Likely To Be Handed Over To Tata Group On Thursday
Air India Likely To Be Handed Over To Tata Group On Thursday

While this will be the Centre's first privatisation since 2003-04, Air India will be the third airline brand in the Tatas' stable as it holds a majority interest in AirAsia India and Vistara, a joint venture with Singapore Airlines Ltd.

Xiaomi Smartphone
Xiaomi Loses Huge 8% Market Share In India In 2 Years

Global smartphone brand Xiaomi which has maintained top position in the smartphone shipments in India for 17 consecutive quarters, is fast losing market share in India and since Q1 2020, it has shed 8 per cent market share amid rising competition and supply chain constraints.

Smartphone
Smartphone Sales In India Grow 12% In 2021: Report

Xiaomi was the leader, shipping 9.3 million units and maintained its 21 per cent market share. Samsung came second with 8.5 million units for 19 per cent share.

Crocin, ENO, Lodex Ownership Changes As CCI Approves Acquisition
Crocin, ENO, Lodex Ownership Changes As CCI Approves Acquisition

GlaxoSmithKline Consumer Healthcare Overseas Ltd is a wholly-owned subsidiary of GlaxoSmithKline Consumer Healthcare Holdings Ltd. A part of the overall GlaxoSmithkline (GSK) group, its principal activity is to act as an investment holding company for GSK CH HoldCo and its subsidiaries.

Air India To Conduct Pre-Flight Checks Of Cabin Crew's Grooming, Body Mass Index
Air India To Conduct Pre-Flight Checks Of Cabin Crew's Grooming, Body Mass Index

Cabin crew, who are well dressed and well groomed according to uniform standards and regulations, present a positive and professional image of the airline, the order stated.

Air India Likely To Be Handed Over To Tata Group By Weekend
Air India Likely To Be Handed Over To Tata Group By Weekend

Tatas had on October 8 beat the Rs 15,100-crore offer by a consortium led by SpiceJet promoter Ajay Singh and the reserve price of Rs 12,906 crore set by the government for the sale of its 100 percent stake in the loss-making carrier.

Sensex Nosedives 1,546 Pts; Nifty Tanks Below 17,200
Sensex Nosedives 1,546 Pts; Nifty Tanks Below 17,200

The rupee on Monday slumped by 19 paise to 74.62 (provisional) against the US dollar at close due to high crude oil prices, forex outflows and heavy losses in domestic equities amid growing geo-political worries.

Rupee
Rupee Falls 9 Paise To 74.52 Against US Dollar In Early Trade

On the domestic equity market front, the 30-share Sensex was trading more than 658.24 points or 1.11 per cent lower at 58,378.94, while the broader NSE Nifty declined by more than 210.10 points or 1.19 per cent to 17,407.05.

Sensex
Sensex Drops Over 200 Pts In Early Trade; Nifty Slips Below 17,600

Asian Paints was the top loser in the Sensex pack, shedding 2.44 per cent, followed by Tech Mahindra, Wipro, Bajaj Finserv, Infosys, HCL Tech and Bajaj Finance.

Bitcoin
Global Crypto Market Suffers $1 Trillion Loss As Bitcoin Crashes

The market value of these novel assets rose to nearly $3 trillion in November from $620 billion in 2017, on soaring popularity among retail and institutional investors alike, despite high volatility.

Sensex
Sensex Tanks Nearly 700 Pts In Early Trade; Nifty Dips Below 17,600

In the previous session, the 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62. Similarly, the NSE Nifty plunged 181.40 points or 1.01 per cent to 17,757.

NABARD Sanctions Rs 951 Cr To Odisha Govt Under RIDF
NABARD Sanctions Rs 951 Cr To Odisha Govt Under RIDF

These infrastructure projects will play a key role in supporting the rural economy by improving the livelihoods of people, the CGM said.

Sensex Sinks 634 Pts To End Below 60k; Gold Rallies Rs 415
Sensex Sinks 634 Pts To End Below 60k; Gold Rallies Rs 415

The rupee on Thursday slipped 7 paise to close at 74.51 (provisional) against the US dollar, tracking a lacklustre trend in the domestic equity market.

Centre Releases Rs 95,082 Cr To States As Tax Devolution
Centre Releases Rs 95,082 Cr To States As Tax Devolution

The government has already released back-to-back loan amounting to Rs 1.59 lakh crore to state governments in lieu of GST Compensation shortfall in FY 2021-22.

Rupee
Rupee Gains 15 Paise To 74.29 Against US Dollar In Early Trade

On the domestic equity market front, the 30-share Sensex was trading 383.54 points or 0.64 per cent lower at 59,715.28, while the broader NSE Nifty declined 99.45 points or 0.55 per cent to 17,838.95.

Sensex
Equities Fall Further, Sensex Down Over 400 Pts On Thursday

HDFC, Infosys, Bajaj Auto, Reliance Industries, and Bajaj Finserv were some of the top losers, NSE data showed. Top gainers during the early trade were Power Grid Corporation, Coal India, Tata Consumer, Hero Motocorp and Brittania.

scrollToTop