Air India flight. File | Photo Credit: VIJAY SONEJI Private carrier Air India on Wednesday (January 1, 2025) rolled out Wi-Fi internet connectivity services on board domestic and international flights on its widebody Airbus A350 and Boeing 787-9 fleet as well as on select Airbus A321neo aircraft. This makes Air India the first airline to … Read more
Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for Artificial Intelligence (AI), falling interest rates, and hopes of tax cuts. Here are four of the most remarkable aspects of 2024 for financial markets: Stock records fall like dominoes Wall Street’s three main stock indices blew past record highs … Read more
Commercial LPG that is used in hotels and restaurants were cut by ₹14.5 per 19-kg cylinder in the monthly revision done in line with benchmark international prices. File | Photo Credit: PTI The price of Jet fuel, or ATF, on Wednesday (January 1, 2025) was reduced by 1.5% and rates of commercial LPG that is … Read more
The Tamil Nadu Power Distribution Corporation (TANGEDCO) has cancelled a global tender floated for procuring smart meters, citing the high cost quoted by Adani Energy Solutions Ltd (AESL). Also read: Did not meet Adani, reports false: T.N. CM Stalin The tenders were floated as four packages in August 2023 for providing the smart meters under … Read more
There was a cap of 100 million users which has been lifted by NPCI [File] | Photo Credit: REUTERS National Payments Corporation of India (NPCI) has lifted the limit from onboarding UPI users for the third-party app provider WhatsApp Pay with immediate effect. With this development, WhatsApp Pay can now extend UPI services to its … Read more
The Centre on Tuesday decided to maintain a status quo on the returns payable on small savings schemes for the January to March 2025 quarter, making it the fourth successive quarter that these rates have remained unchanged. The interest rates on small savings schemes such as the Public Provident Fund (PPF) and National Savings Certificate … Read more
The garment industry related industrial associations in Tiruppur have urged all the textile and garment industrial associations in the country to suggest to their members to stop importing goods from Bangladesh. This was one of the resolutions passed at the all association meeting held in Tiruppur on December 28. The Central government should protect the … Read more
Home and kitchen products company HomeEssentials, as part of its growth plans, has announced to penetrate into Tier 2 and Tier 3 markets of India and to open offline retail stores to enhance reach and build a seamless omnichannel shopping experience for it’s customers. “To launch offline stores is an exciting step for the company as … Read more
Ajay Mariwala | Photo Credit: Special Arrangement Food Service India Pvt Ltd. (FSIPL), which caters to the ready-to-cook and processed food sourcing requirements of the HORECA (Hotel, Restaurant, Catering) industry, has announced to invest upto ₹100 crore by 2028 to meet growing demand from this segment to deal with food price inflation and labour shortage, … Read more
The initial public offer of Indo Farm Equipment Ltd. was subscribed 17.70 times on the opening day of bidding on Tuesday (December 31, 2024) amid strong investors participation. The initial share sale received bids for 14,99,60,184 shares against 84,70,000 shares on offer, translating into 17.70 times subscription, as per NSE data. The category for non-institutional … Read more