Tata group-owned AirAsia India's inability to get approval for international flights is hurting UDAN, the Indian government's regional air connectivity project that also aims to link cities in Northeast India and Odisha to places abroad. Sources said the civil aviation ministry is waiting for the low-cost airline to come under the full ownership of Tata Sons and become part of Air India, the former state-owned carrier now owned by the private conglomerate, before allowing it to operate international flights. Tata owns 84 per cent stake in AirAsia India and it is understood that the group will complete the process of buying rest of the stake by July's end.
Here are the world clouds of three US presidential debates.
In the new year be careful online as there are many scamsters lurking in the cloud, warns A Ganesh Nadar after twice escaping being scammed.
Popular doesn't always mean best. Here's why.
Images from English Premier League matches played on Sunday.
Looking for fun things to do as family during this sunny season?
The domestic technology industry's revenue is projected to grow 3.8 per cent to $254 billion this fiscal, industry body Nasscom said on Friday and highlighted creation of 60,000 more jobs during this period. The industry had clocked a revenue of $244.6 billion in the same period last year, according to Nasscom's annual strategic review report. Excluding hardware, the revenue is expected to touch $199 billion, a growth of 3.3 per cent over FY23, as per the report.
HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.
Analysis by the Business Standard Research Bureau shows that, of 128 sectors, the market capitalisation of 54 sectors on Wednesday was below the level in May 2006. Likewise, nearly 47 per cent of stocks are languishing.
European Union transport ministers who met on a video link on Monday reached a deal to resume some flight operations, dividing northern European skies into three zones -- a 'no-fly' zone, a caution zone and a open zone.
'We have not seen too many large deals compared to last quarter.'
Global trends and trading activity of foreign investors would largely dictate terms in the equity markets this week amid a lack of major domestic triggers, analysts said. Markets may face near-term consolidation due to elevated valuations, they noted. "While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd, said.
When stock brokers start quoting Oscar Wilde, it's probably a good time to bet on the markets. After the dismal Q4 GDP numbers, some experts are rushing to write the obituary of the India story. So, is this really endgame for India? It seems not.
Many often stereotype Andhra Pradesh politics as being star-struck, but as Pawan Kalyan's political journey shows, stars are turning out to be a passing cloud.
President Pranab Mukherjee addressed the Joint Session of both Houses of Parliament at the beginning of the Budget session.
