Stock market today: BSE Sensex and Nifty50, the benchmark equity indices for Indian stock markets, opened in red on Wednesday. BSE Sensex dropped over 300 and Nifty50 dipped below 22,400 level. At 9:20 AM, BSE Sensex was trading at 73,577.41, down 326 points or 0.44%. Nifty50 was at 22,368.40, down 85 points or 0.38%.Equity markets…
MUMBAI: The Directorate General of Civil Aviation (DGCA) has asked Vistara to follow the relevant regulations pertaining to facilities and compensation it should pay passengers hit by flight cancellations, delays and denied boarding. However, passengers whose flights have been cancelled or delayed have learnt that these norms do not address some of their core concerns….
MUMBAI : Tata Power’s head office in south Mumbai was illuminated in blue – the colour that represents Autism support, to mark the beginning of April, which is globally recognized as Autism Awareness Month.The colour blue, associated with calmness and acceptance, is the primary color designated for autism. This symbolic gesture aims to raise awareness…
PepsiCo India announced an investment of Rs 1266 crore to set up a flavour manufacturing facility in Ujjain (Madhya Pradesh). The plant will play a significant role in scaling up PepsiCo’s beverage production in India, generating employment and positively impacting the local economy, says a company release. Embracing Atmanirbhar Bharat’s vision, this is PepsiCo India’s…
Vistara flight cancellation crisis: Amid ongoing protests by Vistara pilots over pay revision, sources revealed that at least 15 senior first officers recently resigned from the airline. Vistara operates around 300 flights daily and has a fleet of 70 aircraft including A320-family planes and Boeing 787s.In recent weeks, the Tata Group-owned airline has faced discontent…
India’s Mission 2047 to be a developed economy: India is setting ambitious goals to transform into a developed economy by 2047, focusing on electric mobility, digital payments, and high-speed expressways, according to officials. Central ministries will soon outline five-year budget plans for better financial management. According to an ET report, the initiatives include producer responsibilities,…
Vistara flight cancellations: Vistara, the joint venture airline between Tata and SIA, faced significant disruptions today, with nearly 50 flights cancelled and substantial delays in over 150 flights across its network. In response, the airline has announced plans to reduce flight operations and deploy wide-body aircraft on domestic routes to manage the backlog of affected…
Centre seeks report after Vistara cancelled, delayed over 100 flights Source link
Stock market today: Investors await the RBI monetary policy announcement, expecting status quo with focus on commentary. US markets saw slight declines due to Fed rate concerns. Rupee strengthened against the dollar. Source link
A popular equities strategy to “buy India, sell China” has reached an inflection point for some investors.Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favorite China, as Beijing’s support for its economy spurs a recovery in industrial profit and manufacturing.The…
