Domestic airlines are expected to log net losses in FY22 on the back of lower domestic air traffic compared with pre-pandemic levels, together with high fuel prices, ratings agency Crisil said....
Base effect, along with healthy demand conditions abroad, pushed India's merchandise exports higher by 60.29 per cent on a year on year basis in March 2021, official data showed on Thursday....
Food delivery platform Swiggy is set to raise up to $500 million from SoftBank Vision Fund 2 at a market valuation of nearly $5.5 billion, reliable industry sources said on Thursday, as the competition gets fierce amid the second wave of Covid-19 as people order more food online in India. ...
Accelerated vaccination drive, along with healthy Q4FY21 results, pushed India's key benchmark equity indices higher on Thursday....
India's annual rate of inflation based on wholesale prices sequentially rose to 7.39 per cent in March from a rise of 4.17 per cent in February. ...
Bucking the pandemic private equity (PE) investments into the India real estate sector rose around 19 per cent in FY 2020-21 to over $6.27 billion, according to an Anarock report....
Dell Technologies has announced to spin out VMware -- a move that will generate more than $9 billion for the company that acquired VMware as part of the $58 billion EMC acquisition (announced as $67 billion) in 2015....
South Korea said on Thursday it will ramp up efforts to promote a homegrown charging technology for electric vehicles (EVs) as an international standard, as the country plans to penetrate deeper into the growing sector....
Global software major Infosys on Wednesday said it would buy back shares amounting to Rs 9,200 crore ($1.23 billion) from the open market route. ...
India's insurance sector regulator has levied a penalty of Rs 17 lakh on private non-life insurer Future Generali India Insurance Ltd for buddling add-on covers on its motor insurance policies without the policyholder's as well as its own consent....
