Air India Ltd. racked up a wider-than-expected annual loss of more than 220 billion rupees ($2.4 billion), prompting the company to seek financial aid from its shareholders, according to people…
Category: Companies
Luxury brands book sales drop as West Asia war takes toll on airport shopping
From DFS to Avolta, duty-free stores selling premium perfumes and spirits to big spenders are feeling the pinch as conflict in the Middle East shuts airports and curbs travel to…
Chhattisgarh Vedanta power plant blast: Death toll rises to 14; Congress demands judicial probe
The death toll in a blast at the Vedanta power plant in Chhattisgarh’s Sakti district has gone up to 14 with one more worker succumbing to injuries, police said on…
US protests Adani plan to shift cargo carriers to Navi Mumbai Airport
The US is opposing the Adani Group’s attempt to shift cargo carriers to its new airport outside Mumbai, people familiar with the matter said, in a dispute that underscores concerns…
Tech Mahindra junks social media post on workplace misconduct
has rubbished claims of religious bias within the organisation’s offices. The controversy began after an advocate at the Bombay High Court, Ashutosh Dubey, put out a post on the microblogging…
Auraska Ventures bets on India’s ‘Orange Economy’ with ₹500 crore AIF
Auraska Ventures is taking a contrarian route in India’s alternative investment landscape, launching a ₹500 crore Category II AIF focused on the country’s fast-emerging cultural economy, even as most funds…
Nuvoco Vistas to acquire 26% stake in Mumbai-based CleanMax SPV for up to ₹26 crore
, the cement arm of Gujarat-based Nirma Group, has approved an investment of up to ₹26 crore to acquire a 26 per cent stake in Clean Max Ilghop Private Ltd,…
India electric cycle market enters growth phase as start-ups, incumbents battle it out
India’s is entering a high-growth phase, with start-ups and legacy players locked in a race to define the category. Revenues are estimated to reach $720.4 million in FY26 and are…
Racing driver Jehan Daruvala changes lanes, joins Sterling and Wilson Group to redefine his ‘fast track’ career
MUMBAI: Indian international racer Jehan Daruvala is switching tracks. The fourth-generation scion of the Sterling and Wilson Group has hung up his racing suit to join the family business. The…
Rising digital ad costs push brands to rethink e-commerce growth strategy
Consumer brands are reworking their e-commerce marketing strategies as digital advertising becomes more expensive with diminishing incremental reach, prompting a shift away from scale-at-all-costs growth. Instead of relying heavily on…