Business

Air India CEO Campbell Wilson said that the financial impact of this crisis is yet to be fully felt, most of the impact will only hit them from next month.

The transaction will result in Infina ceasing to be an associate company of the Bank, with Kotak Mahindra Capital Company's stake in Infina reducing to 19%.

The re-assessment order pertains to Tata Capital Financial Services Limited, which is merged with Tata Capital Limited.

The hiring plans come amid a race with competitors including Anthropic and Microsoft Corp. to woo corporate customers using AI as coding assistants.

Adani Electricity received an A+ rating, driven by supply reliability, billing accuracy and effective grievance redressal.

Officials cited by PIB said that the sustained level of coal production has helped meet increasing energy demand and supported the power sector in maintaining high coal stock levels at coal-based thermal power plants.

Indian airlines are requesting an emergency government meeting. Carriers are facing a massive fuel price surge and Dubai airport flight disruptions.

The common belief that the northern states are lagging is misleading. The data shows that these states have one of the highest declines in fertility rates in India in the last two decades.

HDFC Bank has fired three senior executives at its Dubai branch over alleged bond mis-selling. The move follows its chairman's sudden resignation.

The US is releasing 45 million barrels from its strategic reserves. This move aims to cool soaring gas prices ahead of the upcoming midterm elections.

Sun Pharma, Zydus Lifesciences, and Dr. Reddy's have launched generic semaglutide injections in India. This move offers affordable diabetes and obesity drugs.

A severe cooking gas crisis has pushed a fifth of Indian households to the black market. Delivery delays and fraudulent SMS notifications are rapidly surging.

According to Sebi, JP Morgan Chase had granted a Category II license to four FPIs from the UK that were not registered with the Financial Conduct Authority (FCA), in violation of market norms.

Waaree Energies also appointed Abhishek Pareek as the CFO and key managerial personnel of the company. He will take over office from Saturday.

Employees at the Senior Director (SD) level and below will be eligible for the payout which will be disbursed in March.

Airline officials and crew members said the situation is very dynamic and there are a lot of variables while operating flights to the West Asia region.

Out of the total investment, around Rs 232.5 crore will be utilised to repay existing debt.

The second consecutive day, Ambani arrived at the agency headquarters at around 10 am in his grey sedan and left the office at around 5.15 pm, they said.

The Bank will take appropriate steps, including contesting the Order before appellate authorities within the prescribed timelines, it said.

Tata Motors Passenger Vehicle said that the revision is being undertaken to partially offset the continued increase in input costs.