He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.
A reputed national coach has been accused of tampering with rifles of some shooters by their parents, a charge that has been vehemently denied by the national federation, which has urged the aggrieved individuals to file a complaint.
Despite the best ever quarterly net profit of Rs 3,091 crore during April-June of financial year 2023-24 (Q1FY24), challenges are mounting for InterGlobe Aviation-run IndiGo in the near term, said analysts. Given this, most brokerages have retained their ratings from 'buy to underperform', as well as their target price for the stock. For instance, Motilal Oswal Financial Services has retained its 'neutral' rating on the scrip as it believes the low-cost airline is facing teething issues at present.
The airline, which operates 24 daily flights including linking Delhi to Port Blair and Bhubaneshwar, would, however, provide free drinking water to all passengers.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
Havelock should be your destination for 2024. It is love at every sight!
The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.
Boeing Corp. will on Sunday roll out its latest offering - the Boeing 787 Dreamliner - billed as the most economical and fuel efficient jet that will soon make its debut in India with top airlines Air India and Jet Airways placing orders for 37 jets.
India's flagship carrier Air India on Wednesday signed a landmark agreement with the American aerospace giant Boeing Commercial Airplane for the purchase of 68 aircraft at an estimated cost of Rs 35,000 crore.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
AirAsia India was set up as a three-way joint venture.
Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
Goa's second airport began operations last week and if all goes according to plans, the state will be the base for a new regional airline, Fly91. Promoted by the ex-executive vice-president of now grounded Kingfisher Airlines, Manoj Chacko, and Fairfax India's former head, Harsha Raghavan, the airline will offer no-frills buy on board product and serve unconnected routes with two ATR 72 aircraft. An application for the initial no-objection clearance was filed with the civil aviation ministry last week.
The decision to enhance AI fleet came after Tatas withdrew from the race to pick up stake in the national carrier in December 2001.
Sources said the equipment is being brought to India through both sea and air routes.
While Air India Express is expected to get the full insured amount for the hull loss, it will have to pay compensation to the kin of the deceased and injured, according to applicable laws. The compensation will be paid from its liability cover.
Air that people breathe in Indian cities is among the worst in the world.
India is also likely to sign a deal to buy MQ-9B Predator armed drones from US manufacturer General Atomics.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Vader is the first electric bike in India to offer 7-inch Android display.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
"The High Commission categorically denies baseless and speculative media reports that India facilitated the recent reported travel of @gotabayar @Realbrajapaksa out of Sri Lanka," the High Commission of India in Sri Lanka tweeted.
At present, the low-cost carrier has a fleet of 29 aircraft. It plans to add 19 aircraft in the next year, of which eight will be leased Airbus A320s, four ATR 72-500s on hire purchase and one of the same to be leased.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
Consumer durables firms and fashion retailers expect double-digit growth in value terms in the ongoing festival season as consumers have stepped up purchases during this period. They expect to see value sales growth upwards of 15 per cent, which is especially coming in from cities. However, volume growth may lag behind value growth.
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
The board of state-run international flag carrier Air-India Ltd on Saturday deferred a key multi-billion-dollar plan to buy up to 17 planes from either Boeing or Airbus, a spokesman said.\n\n\n\n
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.
Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).
A loss of revenue from liquor sales will have to be compensated through increased landing and parking charges on airlines, which, in turn, will pass on the cost to flyers.
With both Boeing and Airbus pitching for the medium capacity long-range aircraft order worth over $1.5 billion, the Air-India board would meet on Saturday to finalise its decision on buying 10 aircraft with options for seven more.
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
The company is looking at putting in one plane every month.
