BUSINESS
Exclusive | Steel companies face CCI scrutiny for alleged price cartelisation
India’s anti-trust regulator, Competition Commission of India (CCI) is investigating if steelmakers colluded to hike rates, which have shot up by more than 45 percent since June 2020.
BUSINESS
For Tata Steel, answer to its European woes may now lie outside the continent
Tata Steel has met with two failures in its attempts to find a solution to its operations in Europe. Who can be its saviour?
BUSINESS
Days after Union Budget; hike, cut in steel prices
Union Budget had reduced import duties on many steel products. But industry observers say the latest hike and cut in prices of some products is not a result of the February 1 measures
BUSINESS
JSL looks to expand with a cleaner balance sheet, but has Budget 2021 thrown a googly?
Jindal Stainless Ltd, the country's top stainless steel maker, is merging its unit, and now has plans to expand capacity. But has Finance Minister Nirmala Sitharaman's proposal in the Union Budget 2021-22 to waive duties on imports, queered the pitch?
BUSINESS
Union Budget 2021: KEC International's stock is up over 7%, here's why
MD & CEO Vimal Kejriwal talks about how the company, whose shares have outperformed the market since the Budget was announced, benefits from the measures
BUSINESS
Union Budget 2021: Why customs duty cut on steel imports may not impact steelmakers
Seshagiri Rao, Jt MD and Group CFO, JSW Steel, lists reasons why imports won't undermine the domestic market
BUSINESS
JSW Steel's Seshagiri Rao on ESG, and why it is important for investors
For the first time, the steelmaker started giving quarterly updates no ESG standards. Jt Managing Director and Group CFO Seshagiri Rao explains.
BUSINESS
Indian aviation veers toward non-metros in December, 13 cities see traffic better than pre-COVID levels
Thirteen tier 2 and 3 cities register higher traffic in December than pre-COVID-19 levels.
BUSINESS
A 'bold decision' that helped JSPL swing back into the black in FY21
In each of the three quarters, the steelmaker has reported profits, against losses in the year ago period. Managing Director VR Sharma talks about that important decision taken last year, that has helped.
BUSINESS
For a growth-led Union Budget, government needs to continue spending on infrastructure, says Seshagiri Rao of JSW Steel
While the Indian economy has recovered much from the initial lockdown days, growth in the coming months will depend on government expenditure, said the JSW Steel Jt MD and Group CFO
BUSINESS
A pilot and aviation safety expert talks about volunteering for phase 3 trial of Chinese vaccine Sinopharm
Amit Singh volunteered for the trials in Bahrain, which like other Middle East countries, has approved the use of Sinopharm
BUSINESS
Harsh Goenka wants Shubman Gill to bat for CEAT, will MRF play ball?
Gill, one of the heroes of India's Test series win in Australia, sported a blank bat in his innings of 91
BUSINESS
IndiGo's seven-city move, data from smaller airports show a shift in Indian aviation industry
While IndiGo recently announced seven new stations, all tier 2 or 3 cities, traffic movement in many of the smaller airports has already surpassed pre-COVID-19 levels. Is regional aviation, finally taking off in India?
BUSINESS
Bird flu impact: IndiGo, Vistara go all veg in their menus
Airlines have taken off chicken and egg preparations from their menus
MCMINIS
What to make of the steel sector rebound
BUSINESS
JSW Group in talks to procure vaccines for 25,000 employees, their families
Other manufacturing companies, including those from the Tata Group and India unit of an MNC, have also been discussing options to inoculate employees
BUSINESS
Air India transports first consignment of Bharat Biotech vaccine Covaxin
The airline's flight carried three boxes of the Covaxin vaccine, from Hyderabad to Delhi
BUSINESS
This is how COVID-19 vaccines will travel from Pune, to across India
A network of especially enabled truck, cold chain network in airports, aircraft and warehouses is being used to reach the doses, first to regional hubs and then to 41 identified locations.
BUSINESS
SpiceJet, Air India to fly vaccines from Pune, today
While SpiceJet will fly the vaccines to Delhi, Air India will take the first consignment to Ahmedabad
BUSINESS
Mumbai airport to handle over half of SII's Covishield vaccine
The Indian government will launch the vaccination drive from January 16, and the transportation of the vaccines may begun from January 11, to ensure a steady supply chain.
BUSINESS
Finally can see light at the end of the tunnel, says Mumbai International Airport CEO
In an interview with Moneycontrol, Rajeev Jain talks about the 'unprecendented' damage caused by COVID-19 on the airports business. A recovery in passenger traffic now gives hope for a gradual recovery.
BUSINESS
SpiceJet gets ready to distribute COVID-19 vaccines, with over a dozen MoUs under its belt
The vaccine distribution, led by cargo unit SpiceXpress, may turn out to be critical to improve the airline's net worth and financial health
BUSINESS
Is it safe to eat on the plane amid Covid-19 pandemic?
The question is being increasingly asked after Thailand banned in-flight consumption of food and beverage, to ensure fliers don't take off their masks. Now there are increasing calls for the same in India.
BUSINESS
Flybig, India's newest airline, to begin operations today: All you need to know
India's newest airline - Flybig, which got the permit from DGCA in December, would will have its inaugural flight from Indore to Ahmedabad
