Air India Revamp: New flight App, strategy for better OTP on anvil

New Delhi (IANS) National carrier Air India under the Tata brand is set for major revamp in service standards as well as introduction of new passenger friendly amenities.

According to sources, on avail are the likely introduction of a…

Air India's divestment complete; Tata Sons takes over control

New Delhi (IANS) The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons.

With this Air India's strategic disinvestment was complete after the Centre received a consideration…

James Murdoch, Uday Shankar likely to acquire 40 percent stake in Viacom18

New Delhi (IANS) US-based media conglomerate ViacomCBS Inc is likely to sell a significant stake in its joint venture with the media and entertainment arm of Reliance industries to Uday Shankar, the former Chairman of Star India and President of Walt…

Global Woes: Over Rs 3K cr FII funds outflow plunge Indian equities

Mumbai (IANS) A massive flight of foreign capital along with prospects of a global conflict in Europe heavily battered Indian equities on Monday.

Besides, high oil prices, upcoming budget and lacklustre quarterly results added to the volatility…

Dalal Street looks for abolition of STT

New Delhi (IANS) The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be any abolition of Securities Transaction Tax (STT).

Market participants will also look forward to re-examination of laws dealing with withholding…

Rama Bijapurkar penalised for 'inadvertent trade' after resigning from ICICI Bank board

New Delhi (IANS) Consumer markets consultant and then independent director, Rama Bijapurkars independent financial adviser purchased 4,900 equity shares of ICICI Bank in her account without prior intimation to her when the trading window was closed…

Swiggy raises $700 mn, becomes 5th Indian decacron

New Delhi (IANS) Food delivery platform Swiggy on Monday said it has raised $700 million led by Invesco, which will be utilised to scale its overall business along with giving a boost to its quick-commerce grocery service Instamart. At a $10.7 billion…

Demand for office space up 50 percent in 2021 led by startups, tech cos: Colliers

New Delhi (IANS) Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, said global real estate consultancy firm Colliers.

In 2021, total absorption…

Confirm willingness to fund debt owned to lenders: FRL independent directors to Amazon

New Delhi (IANS) Future Retail's independent directors have asked e-commerce giant Amazon if it is willing to fund Rs 3,500 crore to repay the retail company's lenders.

Notably, the question to Amazon was posted after the e-commerce…

Industry Speaks: Make travel expenses deductible under IT returns in Budget FY23

New Delhi (IANS) India's hotel and restaurant industry has urged the Centre to make travel expenses deductible under IT returns in Budget FY23.

Notably, the sector has been heavily battered due to the Covid-19 pandemic and the subsequent…