The data was analysed by taking into account the economy class airfares displayed by Rome2rio during the first two months of this year, totalling some 1.5mn price points. The report compared 200 major airlines across continents.
OYO has made a foray into the holiday packages segment with 'OYO Total Holidays' and expects 10 percent of its total revenues to come from this over the next five years, a top company executive has said.
Ferrero is also considering getting into the affordable segment in the sugar confectionery with value-based offerings and small stock keeping units in chocolate side.
Cairn Energy has challenged the retrospective tax demand through an international arbitration, the final outcome of which is expected later this year.
Two other Indian carriers also figured in the list. Jet Airways gained the 12th place followed by Air India at 13th position
PM Modi had given a 100-day deadline to central public sector enterprises to come out with a road map for strengthening state-owned companies and promoting development activities.
Infosys said it has not received the alleged complaint through whistleblower mechanism and that "all complaints received through the whistleblower mechanism of the company are dealt with in accordance with the company's Whistleblower Policy".
In the week to come, Aurobindo Pharma, Glenmark, Apollo Hospitals and Fortis Healthcare will declare their March quarter numbers.
Under the agreement, ZTE will oust its management team, hire American compliance officers and pay a fine — on top of USD 1 billion it's already paid for selling equipment to North Korea and Iran in violation of US sanctions.
Amongst the four stocks, Sanwaria and GAEL trading at 7.0x and 11.6x one year forward price-earnings multiple offer attractive risk-reward ratio at current valuations
The profit was boosted by a one-time tax benefit of Rs 259 crore in Q4 related to certain intangibles.
Post the transaction, Gateway Distriparks' shareholding in Gateway Rail Freight will be 99.80 percent, Gateway Distriparks said in a BSE filing.
IT attrition at the end of March 31, 2018 was at 18 percent as against 17 percent (YoY)
Technology startups are mushrooming globally to reap the maximum benefits out of emergent trends
Total revenues rose 26.77 percent to 3278.9 crore compared to Rs 2586.4 crore of last year.
“Most of the production in China is of commodity grade, while we are focusing on specialty products,” Sushil Agarwal, Director – Grasim and Group CFO, tells Moneycontrol in an interview.
Since the code was made into law in May 2016, a total 800 cases have been admitted and about 120 have been either resolved or liquidated
As per the survey, implementation of General Data Protection Regulation law in Europe has stimulated Indian companies to fortify their databases
Lupin said it is on course with its plans for biosimilar Etanercept filing in the US and is targeting the same in FY 2019-20
The company is also looking to make changes in its branding strategy by looking at multi-platform advertising to ensure that they reach the target audience across generations
"Crude oil is down 27 points to Rs 4832 and could test support at Rs 4800 intraday. The OPEC is due to meet in late June and reports indicate that the cartel along with Russia is open to increasing the output to cool off prices which hits 4-year highs this week," says Sam Nair, AVP - Commodities at Stewart & Mackertich Wealth Management.
A Reuters poll of analyst estimates forecasts net profit to drop to Rs 947.4 crore.
L&T said it has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process.
In value terms, gross NPAs and net NPAs had reached Rs 48,480 crore and Rs 19,852 crore by end of December 2017, respectively.
UBL's total expenses during the period stood at Rs 3,138.56 crore as against Rs 2,554.41 crore, up 22.86 percent.