Budget carrier SpiceJet on Wednesday said it has amicably settled a $132-million dispute with aircraft leasing firm Babcock & Brown Aircraft Management (BBAM). The dispute, valued at $131.85 million (Rs 1,107 crore) with the lessors -- Horizon Aviation 1 Ltd, Horizon II Aviation 3 Ltd, and Horizon III Aviation 2 Ltd -- has been resolved for $22.5 million, SpiceJet said in a statement.
The Aircraft Accident Investigation Bureau (AAIB) has urged restraint in speculating about the cause of the Air India plane crash, emphasizing that the investigation is ongoing and premature narratives should be avoided.
Retail inflation slowed to 5.48 per cent in November compared to 6.21 per cent in October, mainly due to easing food prices, especially vegetables, according to government data released on Thursday. According to Consumer Price Index (CPI) data released by the National Statistics Office (NSO), the inflation in the food basked reduced to 9.04 per cent in November. It was 10.87 per cent in October and 8.70 per cent in November 2023.
On Wednesday, Surat airport remained operational for an extra one hour waiting for the landing of an Air India Express flight that took off more than an hour late from the national capital.
'$125 million for the hull and the remaining of over $350 million for liability.'
Happy Bharatvasis are creating living portraits as tributes to India reaching the moon.
Images from the ICC World Cup match between Afghanistan vs South Africa, in Ahmedabad, on Friday.
Afghanistan wrapped up their best ever World Cup campaign with four wins and also sealed a place in the Champions Trophy.
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
'I don't want to say anything about it. I just need to try and do whatever I can do on the ground that says the best I can do'
Adani Wilmar on Monday posted over twofold jump in consolidated net profit at Rs 410.93 crore for December quarter 2024-25 on strong edible oil sales. The company had logged a net profit of Rs 200.89 crore in the year-ago period.
'...from the recovered part of the throttle quadrant -- the control panel that manages engine power -- it is hard to say at this stage if the locking mechanism was damaged in any way.'
'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'
'I guess the thinking going into the last Test, we wanted to strengthen the batting'
It was a starry affair at the Narendra Modi stadium as the skippers of all ten World Cup teams attended the captain's day.
A US military aircraft carrying 104 illegal Indian immigrants landed in Amritsar on Wednesday, the first such batch of Indians deported by the Donald Trump government as part of a crackdown against illegal immigrants.
Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
A yagna was conducted at the Dola Mata temple in Jhulasan village in Gujarat where her father Deepak Pandya hailed from for astronaut Sunita Williams's return from space.
The Chinese see no need to fight directly. They have an able and willing proxy in Pakistan, points out Shekhar Gupta.
India's exports declined for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties. The country's exports stood at $41.41 billion in the same month a year ago.
India head coach Gautam Gambhir has dismissed claims that his team had an unfair advantage in the Champions Trophy by being stationed in Dubai.
Agriculture, pharma, electronics, and engineering goods together accounted for over 50 per cent of India's merchandise exports in 2024-25, according to government data, highlighting the country's growing strength in diverse sectors amid efforts to boost manufacturing and value-added exports.
The Bombay High Court discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore. The Serious Fraud Investigation Office (SFIO) had initiated the case in 2012 against Adani Enterprises Limited (AEL) and its promoters, accusing them of criminal conspiracy and cheating. The HC's single bench of Justice R N Laddha quashed the sessions court order and discharged the duo from the case.
The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.
Shubman Gill has struggled for consistency in Test cricket, averaging 35.05 for a tally of 1893 runs in 32 Tests, with five centuries and seven fifties.
'When there are glaring errors in the report, how can you trust anything in it?'
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
Williams' father, originally from Jhulasan, migrated to the United States in 1957.
The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.
'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'
Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.
March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment. In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India's share in world exports from 2 per cent to 3.5 per cent.
Media conglomerate Viacom18 Media has become a subsidiary of Reliance Industries effective December 30, 2024, after the conversion of over 24.61 crore compulsorily convertible preference shares (CCPS) into an equivalent number of equity shares. Earlier, Viacom18 Media had been a material subsidiary of Network18 Media & Investments Ltd, a subsidiary of Reliance Industries Ltd (RIL).
Despite their business rivalry, Gautam Adani did attend the big pre-wedding event in Jamnagar hosted by Mukesh Ambani over the weekend.
Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement. During the same period, modal wholesale prices at Delhi's Azadpur mandi witnessed a sharper decline of nearly 50 per cent to Rs 2,969 per quintal from Rs 5,883 per quintal, driven by increased arrivals.
Addressing close to 700 employees and the leadership team across the Air India headquarters and Air India Training Academy in Gurugram, Chandrasekaran urged them to stay on course, terming the accident the most "heartbreaking" crisis of his career.
Hectic buying in blue chip counters like Reliance Industries, IT and teck shares boosted market sentiment. State Bank of India, Tata Consultancy Services, Titan, ITC, Infosys, Larsen & Toubro, Reliance Industries and Bajaj Finance were the biggest gainers.
Australia captain Pat Cummins is all but ruled out of the Champions Trophy while fellow paceman Josh Hazlewood is also a doubt for the tournament.
Australia legend Ricky Ponting believes Rohit Sharma's decision to continue playing and leading India in the 50-over format until the 2027 ODI World Cup stems from a sense of unfinished business.
Plenty of hopes will rest on the young shoulders of opener Yashasvi Jaiswal, who, at the age of just 23, has earned a reputation as one of the world's best openers in the longest format of the game.
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