NEW DELHI: Vistara will merge into Air India on November 12. This date is learnt to have been finalised soon after the government has approved foreign direct investment (FDI) by Singapore Airlines into Air India. In a statement, SIA — which owned 49% in Vistara and will own get 25.1% stake in the merged AI…
The World Gold Council (WGC) has raised its projection for India‘s gold consumption in 2024 to 850 tonnes from 750 tonnes. A good monsoon coupled with a duty cut on gold will drive the demand, said John Reade, market strategist-Europe and Asia, World Gold Council. “Jewellery will drive this higher demand of gold in India…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Friday scaling lifetime highs. While BSE Sensex hit an all time high of 82,637.03, Nifty50 saw a lifetime high of 25,257.65. At 9:21 AM, BSE Sensex was trading at 82,390.52, up 256 points or 0.31%. Nifty50 was at…
Value fashion retailer Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors, a day before its initial share-sale opening for public subscription. Ashoka India Equity Investment Trust Plc, Volrado Venture Partners Fund IV Gamma, HSBC Global Investment Funds, Allianz Global Investors Fund, Al Mehwar Commercial Investments LLC, HDFC…
Raymond Lifestyle plans to add 900 stores over the next three years, targeting 12-15% annual sales growth and 18-20% operating profit growth, according to chairman Gautam Singhania. Shares of Raymond Lifestyle, the demerged unit of Raymond, are set to list on the bourses on September 5. Singhania told ET that internal challenges in China and…
NEW DELHI: Union finance ministry issued an advisory on Wednesday, August 28, clarifying that persons from the LGBTQ community face no restrictions in opening joint bank accounts or nominating their partners as beneficiaries. “This is to clarify that there are no restrictions for persons of the queer community to open a joint bank account and…
Brazilian Supreme Court has issued a warning to X, previously known as Twitter, threatening to suspend the platform’s operations in the country, if Elon Musk does not appoint a legal representative. The court’s decision came after X’s repeated failure to comply with orders related to hate speech and misinformation. Despite multiple warnings, the social media…
Former Pakistan captain Ramiz Raja alerted his fans on Thursday about multiple fake accounts claiming to be representing him on Instagram, and he shared screenshots of all those accounts in a video on his YouTube channel.“Yeh video thodi si emergency mei mujhe banani par rahi hai (I had to publish this video in emergency),” said…
Unite States vice president and Democratic president nominee Kamala Harris in an interview with CNN on Thursday revealed how she found out that President Joe Biden opted out of seeking a second term as President.She recalled how she was with her family including her nieces when she received the call from Biden. “My family was…
NEW DELHI: Indians will soon get a chance to experience space as TV show producer Banijay Asia has tied up with the Space Exploration and Research Agency (SERA) to produce a show where ordinary citizens will be sent on a future Blue Origin New Shepard mission. In a statement, Banijay Asia revealed that they will…
