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An Air Vistara flight landing at Thiruvananthapuram Airport on November 11, 2023. Air India on November 12, 2024 said the merger of full service carrier Vistara with itself has been completed. | Photo Credit: The HIndu Marking a major consolidating in the Indian aviation space, Air India on Tuesday (November 12, 2024) said the merger…
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X. File | Photo Credit: Reuters Elon Musk-owned Starlink will have to comply with all norms to get licence for services in India, Union Telecom Minister Jyotiraditya Scindia said on Tuesday, November 12, 2024. Also Read: Musk reacts to Ambani lobbying, calls any…
Wilson & Hughes is planning to reshape the way people live, travel, and experience the world through the acquisition of this brand. File photo Cox & Kings, one of the oldest travel brands has re-entered into the travel market under Wilson & Hughes Pte, a Singapore-based private equity and venture capital firm. The brand’s erstwhile owners Cox &…
Read More “Travel brand Cox & Kings returns under the ownership of PE firm Wilson & Hughes Pte” »
Representational image | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty climbed in early trade on Tuesday (November 12, 2024) helped by value buying at lower levels along with sustained investment by domestic institutional investors and a rally in the U.S. markets. The BSE benchmark Sensex climbed 324.83 points to 79,820.98 in early trade….
Read More “Sensex, Nifty rally in early trade on sustained buying by DIIs” »
Image used for representative purpose only | Photo Credit: C. Venkatachalapathy The rupee slipped 2 paise to an all-time low of 84.40 against the U.S .dollar in early trade on Tuesday (November 12, 2024), as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors’ sentiments. Forex traders said…
Read More “Rupee falls 2 paise to all-time low of 84.40 against U.S. dollar in early trade” »
The Chancay port near Peru’s capital Lima which is being built by China’s state-owned Cosco Shipping. | Photo Credit: Reuters In South American copper giant Peru, the incoming Donald Trump administration in the U.S. will find itself already on the losing side in a trade battle with China, part of a bigger power realignment around…
Read More “In South America, Trump already losing a trade battle with China” »
Net direct tax collection grew 15.41% to ₹12.11 lakh crore between April 1 and November 10. This include net corporate tax of ₹5.10 lakh crore and non-corporate taxes (including taxes paid by individuals, HUFs, firms) of ₹6.62 lakh crore. Other taxes (which include Equalisation Levy and gift tax) worth ₹35,923 crore were mopped up. As…
Read More “Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10” »
Amul has a turnover of ₹80,000 crore and is now ranked as the strongest dairy and food brand globally, owned by 36 lakh farmers | Photo Credit: VIJAY SONEJI Amul will enter the European market by the end of this month after launching its products in the US, GCMMF Managing Director Jayen S Mehta said…
Chief Minister N. Chandrababu Naidu holding a meeting with Tata Sons chairman N. Chandrasekaran at Secretariat on Monday. Chief Minister N. Chandrababu Naidu announced that TCS will establish its office in Visakhapatnam soon and generate at least 10,000 jobs. Mr. Chandrababu Naidu held a meeting on Monday with with executive chairman of Tata Sons N….
The rupee may depreciate 8-10% against the U.S.. dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday (November 11, 2024). The report, titled U.S. Presidential Election 2024: How Trump 2.0 Impacts India’s and Global Economy, emphasised that the rupee can have a…
Read More “Rupee may depreciate 8-10% during Trump 2.0, says SBI report” »