Companies 2

IndiGo's market-share steady in Q4 despite grounding of aircraft

The company’s market share in India remained steady at around 60 percent in January-March 2024

MC Pro Quick Take | Infosys Q4 FY24: Disappointment continues except for strong order bookings

Order inflows continued to remain strong and was the lone redeeming feature of the earnings report

MC Pro Quick Take: HDFC Life posts muted numbers in FY24, budgetary changes cast a shadow

HDFC Life posted flat annualised premium equivalent in FY24 as the changes introduced in the Budget 2023 impacted its high-ticket sized business

Capital Small Finance Bank: Is it worthy of attention after correction?

There are a few strong investment rationales that make us revisit the investment case of Capital SFB now

IndiGo, Air India flights to Dubai affected due to bad weather

Dubai International Airport said on April 17 it was experiencing significant disruption due to bad weather

Govt asks airlines to carry out risk assessment before flying on international routes

Vumlunmang Vualnam, the civil aviation secretary, on April 16 said that the government has asked the airlines to carry out their own risk assessment before flying on international routes

BPCL to link Noida International Airport with jet fuel pipeline

Once operational, this pipeline will operate on a common/contract carrier basis, ensuring seamless fuel transportation to the airport.

Tanzania, Rwanda, Zimbabwe join African recall of J&J cough syrup

Zimbabwe's Medicines Control Agency said that it did not have a record of the product's importation into Zimbabwe, but that it was concerned the syrup could enter the local market illegally. It said it would step up inspections in case.

Tesla's India entry to boost domestic EV market, say experts

The current slowdown faced by the EV market needs some push and Tesla could be the answer for that, an expert said.

Chart of the Day: Pharma exports to US surpass COVID highs

Exports in the eleven months to February 2024 are up 15 percent from the year ago period

Reliance Industries to declare Q4 results on April 22

The meeting will also recommend dividend on equity shares of the Company for the financial year ended March 31, 2024, RIL said

Two red flags for Indian IT from TCS' Q4 results 

The company’s key growth engines are not yet firing on all cylinders

TCS Q4 FY24 – Who should look to buy TCS now?

Earnings report better than expected on margin gains and order inflows

Macquarie, Canada Pension are among bidders on India road assets

NIIF is India’s first major attempt to develop a capital-raising structure on home soil, to tackle a shortfall in infrastructure spending

Noida International Airport selects Bird Group for ground handling services

Noida International Airport’s chief executive officer Christoph Schnellmann said Bird Group’s proven expertise and commitment to innovation will be invaluable as we strive to create a world-class airport

India’s coal power project pipeline is biggest in the world outside China

The pre-construction capacities are estimated to have risen to 46,033 megawatts

Damson Technologies plans to move smart gadgets production to India, invest Rs 150 crore in first year

Electronics manufacturing service provider Damson Technologies, managing director, Ritesh Goenka told PTI that the company has been manufacturing devices in Beijing and now moving half of its production to India due to sanctions imposed by several countries on China

How far can a buyer go to bag Yes Bank?

The key draw for any acquirer is the banking licence and the deposit franchise

Chart of the Day: Thermal power plant equipment ordering gathered pace in FY24

Ordering activity revived in thermal power and transmission sectors after a prolonged period of sluggishness

Can the recast in top management rerate Wipro?

As the macro situation in the US improves, the stock could see a narrowing of the valuation gap if the new CEO can stabilise the rocking boat.

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

Rural India contributes nearly 35 to 38 per cent of the FMCG sales in the country

Tata Steel Q4 update: Company records highest annual crude steel production, domestic deliveries up 9% YoY

In 4QFY24, crude steel production was broadly stable and stood at around 5.38 million tonnes. Meanwhile, the steel giant's India deliveries surpassed the previous best recorded in FY2023.

JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA

JSW Energy said the proceeds from the QIP will further bolster its capital structure, enhance financial flexibility and enable the company to accelerate its ambitious growth plans.

Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight

The FAA and National Transportation Safety Board are investigating, and the Justice Department is examining whether the incident violated terms of a settlement that Boeing reached in 2021 to avoid criminal prosecution for allegedly misleading regulators who certified Max jets for flights