Explaining the continuing financial choppiness afflicting the Indian carriers, an expert industry watcher blames it on multiple structural factors -- absence of a strong capital structure and low-cost infrastructure, the heavy taxation burden on aviation turbine fuel (ATF), and the fact that 60-70 per cent of costs are d...
Deficient rainfall, and consequently lower sowing, will push rice prices higher, Motilal Oswal Financial Services said in a report....
Domestic institutional investors (DIIs) have emerged as major sellers during the last two trading sessions with cumulative selling of Rs 5,316 crore, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. ...
Global study abroad platform Leverage Edu has closed its Series C round to focus on doubling revenue in FY24, its Founder and CEO Akshay Chaturvedi has announced. ...
Note-taking platform Evernote has laid off most of its employees and going forward, a team based in Europe will continue to assume ownership of the Evernote product....
The Indian startup ecosystem reported the lowest six-month funding in the last four years, in the first half of this year at $3.8 billion across 298 deals -- a decline of nearly 36 per cent as compared to the second half of 2022 ($5.9 billion), a report showed on Sunday. ...
Amid a legal battle and insolvency crisis, cash-strapped Go First is now at a turning point wherein the new management led by the National Company Law Tribunal (NCLT)-appointed-IRP (interim resolution professional) submitted a resolution plan on June 28 and for the first time, aviation watchdog Directorate General of Civil ...
Microsoft India President Anant Maheshwari has moved on from the company to pursue a new path, the company said on Friday....
The US National Highway Traffic Safety Administration (NHTSA) has requested additional information from Elon Musk-Tesla to aid in their ongoing investigation into 8,30,000 Tesla vehicles equipped with Autopilot, the automaker's advanced driver assistance system....
5G smartphone shipments in India crossed 10 crore (100 million) in the month of May, creating a record as 5G roll-out continues to happens at a very fast pace in the country....
