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Vinay Dube, Akasa Air's Founder, Managing Director and CEO.

Akasa Air: Will get first aircraft in April, flights from May or June, says founder

Jagriti Chandra The country’s newest airline will acquire 18 aircraft in the first year and focus on domestic routes, before launching international flights, says Managing Director and Chief Executive Officer Vinay Dube.

File photograph used for representational purposes only

Vikram Dev Dutt to head Air India

The Hindu Bureau The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

Vellayan Subbiah.

‘Two-pronged strategy to bolster CG Power’

N Anand ‘Focus on legacy, risk management’

4hrs

According to a statement by the Department of Telecommunications, telecom operators, including Bharti Airtel, Jio and Vodafone Idea have established 5G trial sites in a number of tier-1 and tier-2 cities. File

DoT amends telecom licences to enable machine-to-machine communications

PTI The DoT has also added a clause for provisioning of audiotex or interactive voice response service (IVRS) as part of telecom licence

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Reliance Retail buys 54% in Addverb Tech

Centre invites applications for IRDAI post

Third wave to dent Housing Finance Companies' asset growth by 200 bps

‘Two-pronged strategy to bolster CG Power’

Vikram Dev Dutt to head Air India

Interview | Akasa Air: Will get first aircraft in April, flights from May or June, says founder

DoT amends telecom licences to enable machine-to-machine communications

The DoT has also added a clause for provisioning of audiotex or interactive voice response service (IVRS) as part of telecom licence

Uncertainty delays jobs recovery: ILO

The global job market will take longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at

‘Axis closing in on Citi India’s consumer unit’

Axis Bank has emerged as the front runner to buy Citi’s consumer business in India, which is being valued at about $1.5 billion in a planned deal

SEBI mulls ‘alternate dispute resolution’ tool

‘Aim is to help empower investors’

M&M unveils scheme for BS 6 CVs

Mahindra’s Truck and Bus Division (MTB), part of the Mahindra Group, has announced ‘Get More Mileage or Give Truck Back’ guarantee plan for its BS 6

FADA urges GST cut for two-wheelers, used cars

‘A two-wheeler is not a luxury item’

China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Business is in the best shape it could ever be: HCL Tech MD

HCL Technologies CEO and MD C. Vijayakumar on Monday said business was in the best shape that it could be and the company is optimistic of a good

‘Omicron more of a flash flood than a wave, lifting prospects’

Overall economic activity strong, RBI officials say in bulletin

UltraTech Q3 profit rises 8% to ₹1,708 cr.

UltraTech Cement Ltd. reported consolidated net profit rose 8% year-on-year (YoY) to ₹1,708 crore for the third quarter ended December 2021.The profit

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Blisswater plans market expansion

Blisswater Industries Private Ltd which is into Alcobev segment has chalked out plans for expanding its market in India and abroad, its CEO said. “In

Start-up Fipola to double retail presence

Fipola Retail India, an omni-channel meat Direct to Consumer (D2C)) start-up, has announced plans to expand its retail presence in the southern part

PLI: RIL unit, 9 others bid for battery storage

RIL subsidiary Reliance New Energy Solar, Hyundai Global Motors, Ola Electric, Mahindra & Mahindra and Larsen & Toubro are among the 10 firms

Explained | Has the process to measure TRPs improved?

After rigging allegations, what steps has the Broadcast Audience Research Council, which releases the ratings, taken?

Tech sector got COVID-19 ‘windfall’ of $100 billion: HFS Research

‘Indian firms likely captured over 50%’

HDFC Bank net rises 18% on non-interest income

Dip in provisioning for bad loans helps

AGS Transact Tech unveils ₹ 680 crore IPO

AGS Transact Technologies Ltd, a payment solutions provider, has announced plans to open its ₹ 680 crore Initial Public Offering (IPO) on January 19,

Minimum 6 airbags to be made mandatory in vehicles carrying up to 8 passengers from October: MoRTH

To minimise the impact of frontal and lateral collisions on the occupants seated in both front and rear compartments, it has been decided that 4 additional airbags be mandated in the M1 vehicle category.

Maruti Suzuki hikes vehicle prices by up to 4.3% to offset rise in input costs

The auto major has already hiked the vehicle prices three times last year.

Probe panel finds Coal India subsidiary guilty of illegal mining in Assam

North Eastern Coalfields extracted coal worth ₹4,872 crore without obtaining mining rights, the Justice B.P. Katakey panel report said.

Hero MotoCorp expands operations in El Salvador

There has been a growing demand among customers in the country for the company’s products, says Head of Global Business

JSW Infra raises $400 million though SLB issue

The proceeds of this issue will be used to repay the existing debt of the company and its subsidiaries

Microsoft opens harassment investigation sought by investors

Nearly 78% of shareholders at the company's annual meeting voted to demand more accountability in addressing workplace sexual harassment complaints

Fast growing credit demand in Q3 indicates revival of pvt capex cycle: Report

Credit growth, which has been lagging deposits for years, turned buoyant in the third quarter of this fiscal by a wide margin at ₹3.5 lakh crore as

Truecaller acquires CallHero for $4.5 million

Sweden-headquartered Truecaller on Thursday said it has entered into an agreement to acquire the Israeli company CallHero that helps users verify and

Mindtree Q3 net rises 34% to ₹438 crore

IT major to tap tier 2, 3 cities

Tata Motors Q3 global sales rises 2%

Tata Motors Group global wholesales in Q3 FY22, including that of Jaguar Land Rover, stood at 2,85,445 units higher by 2% compared with Q3 FY21, Tata

Delivery executive’s death | Wife to be provided job, insurance and other support, says Zomato CEO

“We are deeply aggrieved by the death of our delivery partner Salil Tripathi in an unfortunate road incident. We are extending all possible support to help the family get through this,” the Zomato CEO said

Tesla working through a lot of challenges with Indian government: Elon Musk

Last year, Tesla had sought a reduction in import duties on electric vehicles in India

India, U.K. launch negotiations for ambitious FTA

Both sides will hold deliberations over an array of trade opportunities of mutual interest, benefiting India and the U.K.

Korean steel maker POSCO joins hands with Adani

The two companies forged a $5 billion partnership to explore setting up a greenfield integrated steel mill and other businesses in Gujarat’s Mundra.

Ashok Leyland Aidrivers ink MoU on autonomous vehicles

Aidrivers, a global specialist in AI-enabled autonomous solutions across industrial mobility and commercial vehicle manufacturer Ashok Leyland have

TCS to buy back shares for ₹18,000-cr.

The buyback is proposed to be made on a proportionate basis under the tender offer route, the company said in a filing.

Mercedes to unveil 10 new models in India in 2022

Unit to start local production of EQS, says MD Schwenk

‘Vodafone Idea, Tata Tele not to become PSUs’

Govt. not to become a board member

Wipro Q3 net flat at ₹2,969 cr.

Gross revenue rises 29.6% to ₹20,313 cr., attrition at 23%

TCS Q3 net profit rises 12.3% on clients’ long-term investments

Board approves buy-back at ₹4,500 a share, recommends ₹7 interim dividend

Infosys Q3 profit rises 12%, raises revenue guidance

Revenue increases 23% to ₹31,867 cr., attrition at 26%

Govt doesn't want to run Vodafone Idea; existing promoters to manage operations: CEO

The statement comes after Vodafone Idea’s shares crashed follwoing its decision of converting about ₹16,000 crore interest dues liability payable to the government into equity

De Beers to focus on South India as demand for diamond increases in the region

Expecting to grow in double digits in 2022 given the pent-up demand, says De Beers India managing director Sachin Jain

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