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Category: Business

Business

IndiGo’s Head of Global Sales Vinay Malhotra resigns

Posted on May 4, 2026 By admin
IndiGo’s Head of Global Sales Vinay Malhotra resigns

IndiGo’s Head of Global Sales resigned to pursue opportunities outside the airline. File | Photo Credit: Reuters IndiGo’s Head of Global Sales Vinay Malhotra on Monday (May 4, 2026) resigned to pursue opportunities outside the airline. Mr. Malhotra will step down from his position and be relieved of his duties effective at the close of…

Read More “IndiGo’s Head of Global Sales Vinay Malhotra resigns” »

Business

Bajaj Auto total sales up 40% at 5,13,792 units in April

Posted on May 4, 2026 By admin
Bajaj Auto total sales up 40% at 5,13,792 units in April

Bajaj Auto Ltd. reported a 40% jump in total sales in April. File | Photo Credit: Reuters Bajaj Auto Ltd on Monday (May 4, 2026) reported a 40% jump in total sales in April at 5,13,792 units as against 3,65,810 units in the same month last year. Total domestic sales were up 13% at 2,48,210…

Read More “Bajaj Auto total sales up 40% at 5,13,792 units in April” »

Business

Ashok Leyland reports 9% increase in April sales at 14,646 units

Posted on May 4, 2026 By admin
Ashok Leyland reports 9% increase in April sales at 14,646 units

Commercial vehicle maker Ashok Leyland reported 9% growth in total sales. File | Photo Credit: The Hindu Commercial vehicle maker Ashok Leyland on Monday (May 4, 2026) reported 9% growth in total sales at 14,646 units in April 2026 as compared to 13,421 units in the same month last year. Domestic sales were up 14%…

Read More “Ashok Leyland reports 9% increase in April sales at 14,646 units” »

Business

High Court junks SpiceJet’s plea to review ₹144 crore payment order in dispute with Maran

Posted on May 4, 2026 By admin
High Court junks SpiceJet’s plea to review ₹144 crore payment order in dispute with Maran

Promoter Ajay Singh and his budget airline sought reconsideration of the March 18 direction on several counts, including financial distress amid the ongoing war in West Asia. | Photo Credit: Reuters The Delhi High Court on Monday (May 4, 2026) dismissed pleas by SpiceJet and its promoter Ajay Singh seeking a review of an earlier…

Read More “High Court junks SpiceJet’s plea to review ₹144 crore payment order in dispute with Maran” »

Business

NCLAT dismisses Vedanta’s appeal against selection of Adani group’s bid for Jaiprakash Associates

Posted on May 4, 2026 By admin
NCLAT dismisses Vedanta’s appeal against selection of Adani group’s bid for Jaiprakash Associates

“There is no merit in the appeal. Both appeals are dismissed. There shall be no orders to pass,” said NCLAT.. File | Photo Credit: Reuters The National Company Law Appellate Tribunal (NCLAT) on Monday (May 4, 2026) dismissed the two petitions filed by Vedanta Ltd, where the mining group challenged the selection of Adani Enterprises’…

Read More “NCLAT dismisses Vedanta’s appeal against selection of Adani group’s bid for Jaiprakash Associates” »

Business

Maruti shares climb nearly 5% after record sales in April

Posted on May 4, 2026 By admin
Maruti shares climb nearly 5% after record sales in April

Car market leader Maruti Suzuki India on Friday (May 1) reported a record total sales of 2,39,646 units in April, a 33.29% year-on-year growth. | Photo Credit: Reuters Shares of Maruti Suzuki India on Monday (May 4, 2026) jumped nearly 5% after the firm reported a record total sales in April, a 33.29% year-on-year growth….

Read More “Maruti shares climb nearly 5% after record sales in April” »

Business

Rupee falls 11 paise to 94.95 against U.S. dollar

Posted on May 4, 2026 By admin
Rupee falls 11 paise to 94.95 against U.S. dollar

The rupee depreciated 11 paise against the U.S. dollar on May 4, 2026. The rupee depreciated 11 paise to 94.95 against the U.S. dollar in early trade on Monday (May 4, 2026) as the ongoing tensions in West Asia continue to keep markets on edge. Forex traders said Brent oil is hovering near $108, maintaining pressure…

Read More “Rupee falls 11 paise to 94.95 against U.S. dollar” »

Business

Sensex, Nifty surge in early trade on May 4

Posted on May 4, 2026 By admin
Sensex, Nifty surge in early trade on May 4

Hindustan Unilever, Larsen & Toubro, Adani Ports, Asian Paints and Mahindra & Mahindra were also among the biggest gainers. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty surged in early trade on Monday (May 4, 2026) amid easing oil prices and improving global sentiment, with Asian markets also trading higher. The 30-share BSE…

Read More “Sensex, Nifty surge in early trade on May 4” »

Business

Traders begin wheat exports after four-year hiatus on bumper crop

Posted on May 4, 2026 By admin
Traders begin wheat exports after four-year hiatus on bumper crop

Representational image only. File | Photo Credit: PTI “Traders have begun exporting ​wheat for the ‌first time in four ​years, as a ⁠bumper harvest and a rally in global prices and ‌freight rates make shipments of the staple ‌competitive for ‌buyers ⁠in Asia and ⁠West Asia,” trade sources told Reuters. “Consumer goods conglomerate ITC ​has…

Read More “Traders begin wheat exports after four-year hiatus on bumper crop” »

Business

Oil slips after Trump says U.S. will help free ships stranded in Strait of Hormuz

Posted on May 4, 2026 By admin
Oil slips after Trump says U.S. will help free ships stranded in Strait of Hormuz

Image used for representation | Photo Credit: Reuters Oil prices eased on ​Monday (May 4, 2026) after U.S. President Donald Trump said the ⁠United States would begin an effort to free up ships stranded in the Strait of Hormuz, however the lack of a U.S.-Iran peace ‌deal kept prices supported above $100. Brent crude futures…

Read More “Oil slips after Trump says U.S. will help free ships stranded in Strait of Hormuz” »

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