SpiceJet Mumbai airport dues: Flights won’t be hit, says airline

SpiceJet Mumbai airport dues: Flights won’t be hit, says airline

MUMBAI: Mumbai airport and SpiceJet had a run in on social media on Monday over the latter’s pending dues. It started when the airport tweeted a passenger advisory stating that SpiceJet’s flight operations out of Mumbai will be “temporarily disrupted” from Aug 13 midnight. Mumbai airport posted the tweet on its official X handle “@CSMIA_Official”, … Read more

ashok leyland share price: Ashok Leyland shares surge 6% after posting 20% YoY increase in Q4 profit. Should you invest?

ashok leyland share price: Ashok Leyland shares surge 6% after posting 20% YoY increase in Q4 profit. Should you invest?

Ashok Leyland shares zoomed nearly 6% on BSE today to their new all-time high of Rs 222.80 after reporting a 20% year-on-year (YoY) increase in its Q4 net profit at Rs 900.41 crore. Revenues from operations in the quarter under review stood at Rs 11,266.69 crore as compared to Rs 11,625.67 crore in the year-ago … Read more

indigo shares: InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

indigo shares: InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose nearly 3% in Friday’s trade on BSE to its new 52-week high of Rs 4,520 after the company’s PAT more than doubled to Rs 1,895 crore in Q4. Revenue from operations increased 26% year-on-year (YoY) to Rs 17,825 crore in the reporting quarter while the airline’s … Read more

Paytm’s Q4 losses widen to 551cr amid RBI curbs

Paytm’s Q4 losses widen to 551cr amid RBI curbs

MUMBAI: Paytm‘s losses widened to Rs 550.5 crore in the March quarter on a consolidated basis from Rs 167.5 crore in the year-ago period as RBI‘s move to impose restrictions on the firm’s banking entity disrupted operations. Revenue from operations during the quarter declined to Rs 2,267 crore from Rs 2,334.5 crore in the year-ago … Read more

Despite offer of new securities, govt bond buybacks yet to come to life

Despite offer of new securities, govt bond buybacks yet to come to life

Despite the Reserve Bank of India providing a new selection of securities for government bond buybacks, such operations continued to face hurdles for the third straight time as the central bank rejected most bids. The RBI likely did so due to high prices, or low yields sought by banks for selling bonds back to the … Read more

TVS Motor Co: TVS Motor Co starts operations in Italy

TVS Motor Co: TVS Motor Co starts operations in Italy

TVS Motor Company Ltd on Wednesday said it has started its operations in Italy with plans to introduce a range of both conventional as well as electric scooters and motorcycles. The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said … Read more

Fly91 set to begin commercial operations on March 18; aims to achieve break-even in 2 years

Fly91 set to begin commercial operations on March 18; aims to achieve break-even in 2 years

NEW DELHI: Goa-based regional airline FLY91 is gearing up to kickstart its commercial flights on March 18 with a team of approximately 350 staff by the end of its first year of operations. Currently operating with two ATR 72-600 planes, FLY91 aims to expand its fleet by adding four more aircraft in the initial year.The … Read more

Meesho: Meesho’s revenues rise; losses narrow in FY23

Meesho: Meesho’s revenues rise; losses narrow in FY23

NEW DELHI: Meesho’s revenue from operations increased by 77% year-on-year to Rs 5,735 crore in FY23. The e-commerce firm which competes with players like Flipkart and Amazon claims to have narrowed its losses to Rs 1,675 crore in FY23 from Rs 3,248 crore in FY22. “Our continued toplinegrowth was further augmented by operating leverage and … Read more

US troops still train on weapons with known risk of brain injury

US troops still train on weapons with known risk of brain injury

FORT CHAFFEE: A blast shattered the stillness of a meadow in the Ozark Mountains on an autumn afternoon. Then another, and another, and another, until the whole meadow was in flames.Special Operations troops were training with rocket launchers again.Each operator held a launch tube on his shoulder, a few inches from his head, then took … Read more

BSF Constable And Several Polling Team Members Injured

BSF Constable And Several Polling Team Members Injured

A joint party of BSF and District Force was going from Camp Marbeda to Rengaghati Rengagondi polling station with four polling teams from Chhotebetiya police station of district Kanker. प्रतीकात्मक Chhattisgarh: A BSF constable and two polling team members were injured in an IED blast that took place in Kanker today. A joint party of … Read more