IndiGo said it will continue to work with P&W on more information and addressing the situation New Delhi: IndiGo on Tuesday said it expects at least 35 planes to be grounded due to powder metal issue with the Pratt & Whitney engines during the March quarter next year. The country’s largest airline already has nearly 40 aircraft on the ground ...
The OTS will be applicable from November 15 New Delhi: In a major Diwali gift to traders of the state, the Punjab cabinet led by Chief Minister Bhagwant Singh Mann today approved the Punjab one-time settlement (OTS) scheme for pre-GST arrears, which will benefit over 60,000 traders. A spokesperson of the Chief Minister’s Office said the scheme has been launched ...
Net profit came in at 360 million rupees in the second quarter ended September 30 New Delhi: Zomato posted its second straight quarterly profit today, an unexpected result that was driven by higher food delivery orders that the company expects will be even higher in the ongoing festive season. Net profit came in at 360 million rupees in the second ...
High prices of gold could dampen demand during peak festival season (Reuters) New Delhi: Physical gold dealers offered discounts for a fourth consecutive week as consumers shied away from making purchases due to higher domestic prices, while top consumer China also saw muted demand. In India, this week, dealers offered a discount of up to $9 an ounce over official ...
This will help expand Sephora’s presence in the country’s fast-growing beauty market (File) Bengaluru: Billionaire Mukesh Ambani’s Reliance is tying up with LVMH-owned Sephora to operate the beauty chain’s stores across the country and help expand Sephora’s presence in the country’s fast-growing beauty and cosmetics market. India’s largest retailer Reliance, which launched its own beauty retail platform called Tira in ...
Adani Enterprises’ latest results showcased the emergence of key incubating businesses. New Delhi: Adani Group’s flagship firm Adani Enterprises on Thursday reported its earnings before interest, taxes, depreciation, and amortization (EBIDTA) increased by 43 per cent to Rs 5,874 crores during the April-September quarter of 2023-24. The company’s cash accruals increased by 48 per cent to Rs 2,733 crore during ...
Adani Power has an installed thermal power capacity of 15,210 MW spread across eight plants New Delhi: Adani Power Limited, a part of Adani group, announced its consolidated profit increased over eight fold to Rs 6,594 crore in the July-September quarter – a 848 per cent jump as compared to Rs 696 crore for the same period last year. The ...
Power sales volume jumped about 65% to 18.1 billion units. BENGALURU: The thermal power producer Adani Power reported a near ten-fold surge in second-quarter profit on Thursday, as it benefited from soaring power demand and a tax gain. Shares of Adani Power, part of billionaire Gautam Adani’s eponymous conglomerate, jumped as much as 7.7% to 393.4 rupees after the results. ...
People can send Rs 2,000 notes by post to RBI offices for direct credit in bank accounts New Delhi: People can send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through the insured post for credit directly in their bank accounts. This is a hassle-free option for the people who are away from the regional offices ...
The transaction, if it concludes, would be the biggest rupee sale ever for Reliance. Mukesh Ambani’s Reliance Industries Ltd. is considering raising as much as 150 billion rupees ($1.8 billion) via the sale of local-currency bonds, according to people familiar with the matter who asked not to be identified because the matter is private. The transaction, if it concludes, would ...