Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.
Posts tagged Rediff
What Air India Plans For Its Crews (04-10-2024)
Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.
Dhoni Ups His Investment In This Aerospace Company (04-10-2024)
Drone maker Garuda Aerospace have renewed their brand ambassador contract with M S Dhoni after he tops up investment in the company.
Dhoni Ups His Investment In This Aerospace Company (04-10-2024)
Drone maker Garuda Aerospace have renewed their brand ambassador contract with M S Dhoni after he tops up investment in the company.
Marriott plans GCC in Hyderabad, 1st in hospitality (04-10-2024)
Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott’s various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also — in all likelihood — the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.
Promoter dilution in small, midcaps surges (04-10-2024)
The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Over 20 per cent of companies listed on BSE MidCap and BSE SmallCap have seen a decline in promoter holdings for five consecutive quarters, reveals data from DSP Mutual Fund, shared with Business Standard. In the latest June quarter, the figure stood at 22.6 per cent.
‘Made in India’ iPhone 16 Pro to be sold from Oct (04-10-2024)
iPhone maker Apple on Friday said it will open four more stores in India, located in Pune, Bengaluru, Delhi-NCR and Mumbai. The company said it will also roll out its first-ever “made in India” iPhone 16 Pro and iPhone 16 Pro Max series devices this month.
BFSI sector valuation discount at new high (04-10-2024)
Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.
US tariffs risk Chinese goods flooding India (04-10-2024)
India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China’s access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.
Top 5 pvt equity players invested $9 bn in H1CY24 (04-10-2024)
The funding environment in India for startups is improving this year if one were to go by Bain and Company estimates. Five private equity (PE) investors that come on top on the criterion of deal size collectively put in $9 billion in the first half of 2024, surpassing their outlay for last calendar year, when it was $8 billion. At the top of the list is Swedish firm EQT, which acquired US-based and listed Perficient at an enterprise value of $3 billion, the deal being done by the Indian wing of the company. It has also added to its list by putting in $500 million in WSO2, a “software as a service” company, increasing its tally to $3.5 billion.