Ending months of speculation, Tata Group-owned Air India has announced the world’s largest order for passenger aircraft from France’s Airbus and US’ Boeing. The deal, totalling 470 aircraft, comprises…
Category: Companies
Vodafone Idea Q3 results: Net loss widens to Rs 7,990 cr; ARPU improves marginally
Telecom firm Vodafone Idea’s net loss widened to Rs 7,990 crore in the quarter ended December 31, 2022 as against Rs 7,595.5 crore in the year-ago period. The company’s revenue rose…
ONGC’s Q3 net profit rises 26% to Rs 11,045 cr, firm declares interim dividend of Rs 4 per share
India’s top oil explorer Oil and Natural Gas Corporation reported a 26% rise in its third-quarter profit, helped by higher crude and gas prices. The state-run company’s profit came in…
’70 widebodies, 400 single-aisle jets’: Air India on mega deal with Boeing, Airbus for 470 planes
Tata Sons-owned Air India on Tuesday announced that it has signed letters of intent with Airbus and Boeing to acquire both widebody and single-aisle aircraft. The order comprises 40 Airbus…
After 250 Airbus planes, Air India to buy 220 Boeing aircraft; Biden hails ‘historic’ deal
US President Joe Biden hailed a “historic agreement” for Air India to purchase 220 Boeing airplanes with a list price of $34 billion. The order includes 190 737 MAXs, 20…
Hotel prices in India rise 15%-20% so far in 2023: Here’s why
Hotel prices across most destinations have seen a 15-20 per cent increase in the last six weeks. A combination of the wedding season, return of corporate travel and events has…
PhonePe raises $100 mn from Ribbit Capital, Tiger Global and TVS Capital at $12-bn valuation
Walmart-owed digital payments firm PhonePe has raised $100 million in a fresh funding round from venture capital investors Ribbit Capital, Tiger Global and TVS Capital Funds. The fundraise is part…
Data Science top skill acquired in 2022; 83% plan to upskill in 2023: Great Learning
Data Science was the top skill acquired by learners in 2022, followed by Software Engineering and Management, according to a report by Great Learning. Upskilling has been the biggest trend…
Tata-owned Air India to buy 250 jets from Airbus, announces N Chandrasekaran
Tata-owned Air India has signed a deal to buy 250 aircraft from Airbus, group chairman N Chandrasekaran announced on Tuesday. The airline, which is on an expansion spree by starting…
Bengaluru, Mumbai sunshine locations for hiring: TeamLease report
Bengaluru, Mumbai, and Chennai have emerged as the cities with the highest hiring sentiment in the services and manufacturing sectors. According to a report released by TeamLease for Q4, close…