Akasa Air expects to add few more planes this fiscal
Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline’s chief Vinay Dube has said. The carrier, which started flying in August 2022, currently has a fleet of 26 Boeing...
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Front-running case: Sebi bans nine entities from market, impounds illegal gains of over `21 Crore
23 December 2024 | PTI -
FPIs pull out equities worth Rs 976 Crore this week amid rising dollar
23 December 2024 | PTI -
Govt to infuse Rs 500 Crore in IFCI to improve its financial health
23 December 2024 | PTI -
India has potential to be key sustainable aviation fuel producer, says IATA official
22 December 2024 | PTI -
GoM on rate rationalisation defers report submission to GST Council
21 December 2024 | PTI -
GST Council meet to decide on lower taxes on insurance policies, ATF inclusion
21 December 2024 | PTI -
Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar
21 December 2024 | PTI
Gold dips Rs 170 to Rs 78,130 per 10 gm; silver plunges Rs 1,850
Gold prices extended the slide for the third straight session and fell Rs 170 to Rs 78,130 per 10 grams in the national capital on Friday amid selling by jewellers and stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity ended at Rs 78,300...
CREDAI urges Central Govt to reconsider 18% GST on FSI charges
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged the Central Government to reconsider its proposal to impose an 18% Goods and Services Tax (GST) on Floor Space Index (FSI) and additional FSI charges paid to local authorities for real estate projects. CREDAI warned that the move could...
HC upholds award of tender to Adani Group to redevelop Dharavi slums
In what came as a big relief to the Adani group, the Bombay High Court on Friday dismissed a petition filed by UAE-based Seclink Technologies challenging the Maharashtra government's decision to cancel its 2019 bid for the redevelopment of Dharavi slums and issue a fresh tender in 2022. “There was no...
Sensex tanks 1,176 points, Nifty falls below 23,600 level
Equity benchmark indices Sensex and Nifty plunged about 1.5 per cent on Friday, taking their downtrend to the fifth straight session, due to risk aversion in the global markets after the hawkish stance of the US Federal Reserve. The 30-share BSE benchmark tumbled 1,176.46 points or 1.49 per cent to settle...
Bihar has potential to become major growth engine: Minister
Bihar Industries and Tourism Minister Nitish Mishra on Friday asserted that the state is poised to play a key role in the country's growth engine, as he announced a record Rs 1.8 lakh crore investments across sectors, more than triple the amount received at its maiden investor meet last year. Detailing...
Six entities pay Rs 3.49 crore to settle front-running trade case with Sebi
Six entities, including Samir Kothari and Jitendra N Kewalramani, has settled with Sebi in a case pertaining to the suspected front-running of trades by paying ` 3.49 crore towards settlement charges. The other entities that settled the matter with the Securities and Exchange Board of India (Sebi) are Kuntal Goel, Jitendra...
SpiceJet to operationalise 3 grounded B737 MAX planes by Apr 2025; inks pact with MRO provider
SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline's grounded Boeing 737 MAX planes and three of the aircraft are expected to return to service by April 2025. Seven Boeing 737 MAX aircraft of the no-frills carrier are on the ground. The airline...
