Divestment: Budget FY23 likely to see higher target; more focus on NMP

New Delhi (IANS) Indias Union Budget FY23 is likely to set a higher divestment target for the coming fiscal with more focus being set on the National Monetisation Pipeline (NMP).

Notably, the conclusion of the Air India divestment as well as…

EPFO onboards Air India for social security coverage

New Delhi (IANS) Following the takeover of Air India by Tata Group, the Employees' Provident Fund Organisation (EPFO) has now onboarded the carrier for social security coverage to service the social security needs of its employees.

The…

Air India comes with over 140 aircraft but no real estate assets for Tata Sons

New Delhi (IANS) Tata Sons subsidiary Talace, which took over the managerial control of Air India on Thursday, will get more than 140 aircraft and eight logos, among other assets such as human resources.

However, the transaction does not include…

Indian equities rebound sharply; Sensex, Nifty rise 1 percent

New Delhi (IANS) The Indian equities have rebounded from the previous day's sharp losses and traded in the green during early trade on Friday due to value buying at lower levels.

On Thursday, the sharp losses were because the US Fed's…

Equities fall sharply on US Fed's rate hike guidance; Titan top loser

New Delhi (IANS) The Indian equities fell well over one per cent in early trade on Thursday after the US Fed's Federal Open Market Committee said that it was ready to tighten monetary policy through rate hike.

In its latest meeting on Wednesday,…

EV makers urge govt to ease PLI norms, expand charging infra

New Delhi (IANS) As India begins the journey to popularise the adoption of electric vehicles, leading EV startups said on Thursday that the government should not only introduce standardised EV charging infrastructure across the country but also ease…

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…