India’s aviation sector may face a weak first half this fiscal year as passenger traffic stagnates because airlines have fewer aircraft available to operate, according to GMR Airports Ltd, the…
Author: Admin
Tata Sons won’t discuss Chandrasekaran’s third term at board meet on Friday
Bengaluru/Mumbai: Tata Sons’ board is not expected to discuss a third term for chairman N. Chandrasekaran at its meeting slated for Friday, according to people aware of the matter. His…
Focus on domestic economy as India buffeted by headwinds, says senior official
India remains focused on domestic economic growth even as it responds to geopolitical headwinds like the Iran war that has raised crude oil prices globally and the country ’s import…
Mehli Mistry flags Noel Tata’s ₹1.42 crore fee from Tata Sons; wants it returned to Tata Trusts
Bengaluru and Mumbai: Less than two months after challenging his ouster from the Sir Dorabji Tata Trusts (SDTT), Mehli Mistry has questioned his removal from the Sir Ratan Tata Trusts…
RBI unveils dollar-rupee swap window to draw inflows, steady rupee
Mumbai: The Reserve Bank of India (RBI) on Monday operationalized the foreign currency liquidity measures announced by governor Sanjay Malhotra in Friday’s monetary policy, introducing special dollar-rupee swap facilities for…
Greenpanel down but not out: why haven’t analysts given up on MDF manufacturer?
Mumbai: Greenpanel Industries, India’s listed medium-density fibreboard maker, has shed 16% this year, but analysts are far from giving up on the stock. With capacity utilisation languishing at 55-60% and…
Tata Trusts review strategy ahead of Tata Sons’ board meet
Trustees of the Sir Dorabji Tata Trust met on Monday in what sources described as largely a stock-taking exercise ahead of the Tata Sons board meeting scheduled for Friday. Among…
ChatGPT maker OpenAI files confidential IPO paperwork, eyes public listing option
ChatGPT-maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall…
Dabur India announces global capability centres for IT, digital marketing
Dabur India Ltd on Monday announced the establishment and scaling of two strategic global capability centres (GCCs). It added that the information technology global capability centre (IT GCC), serves as a…
After Anthropic, OpenAI files for IPO that could top $1 trillion, but says going public ‘may be a while’ away
OpenAI has submitted a confidential S-1 filing to the US Securities and Exchange Commission, formally taking the first official step towards what would be one of the most consequential public…