New Delhi: Akasa has lost another co-founder as Praveen Iyer — also the airline’s chief commercial officer (CCO) — has resigned. A few months back, co-founder Neelu Khatri, who was in charge of international operations had also quit. Akasa has appointed chief information officer as the new head of commercial. The resignations of key people…
Representative image (AI) Yes Securities has a buy recommendation on Amber Enterprises with the target price at Rs 8,962. Analysts said Amber Ent has started to witness strong traction as it has significantly increased its capabilities and is now focusing on value addition that will drive growth and margins. Railways business revenue is expected to…
NEW DELHI: Commerce and industry minister Piyush Goyal Wednesday asked exporters to take full advantage of the recently concluded Free Trade Agreements (FTAs) with developed countries to boost exports of goods and services and help create jobs.“Industry must now intensify its efforts to penetrate new markets, upgrade quality and become more competitive to take maximum…
NEW DELHI: Rolls Royce CEO Tufan Erginbilgic met PM Narendra Modi Wednesday to discuss strategies to scale up operations to be part of Viksit Bharat, including expanding global capability centre (GCC) to be the largest globally, co- creating complex manufacturing and building high value engineering capabilities. “It was wonderful meeting Tufan Erginbilgic earlier today. We…
NEW DELHI: A day after releasing a fact sheet on the trade deal with India, the White House revised it to say that India “intends” to buy more than $500 billion of US products, instead of having “committed” to: a substitution which will help PM Modi govt rebut the charge that it had given in…
US President Donald Trump on Wednesday described the recently concluded agreement with India as a “historic trade deal” and said it would significantly boost American coal exports.Addressing a press briefing, Trump said, “America is now the number one energy producer in the world… We’re becoming a massive energy exporter. In just the past few months,…
The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has…
State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, supported by a sharp post-results rally and improving sentiment around public sector banks.SBI’s market capitalisation now stands at nearly Rs 10.92 lakh crore, ahead of TCS at about Rs 10.52 lakh crore, according to an…
Net direct tax collection rose 9.4 per cent to about Rs 19.44 lakh crore in the current financial year till February 10, supported by lower refund payouts and higher corporate tax collections, according to data released by the Income Tax Department on Wednesday.Net corporate tax collection increased 14.51 per cent to Rs 8.90 lakh crore,…
US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or…
