airline profits

IndiGo Q4 profit surges 62% YoY to Rs 3,067 crore; board recommends dividend Rs 10 per share

May 21, 2025

IndiGo’s parent company, InterGlobe Aviation, announced a significant rise in net profit for the fourth quarter. The airline’s board proposed a dividend of Rupees ten ...

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Odisha mega projects: State approves Rs 1.51 lakh crore industrial push; over 62,000 jobs on the horizon

June 16, 2025

Odisha’s industrial sector is set for a major boost as the state government approved eight mega projects worth Rs 1.51 lakh crore. These ventures, spanning ...

From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival

June 16, 2025

Kering has appointed Luca de Meo, renowned for revitalizing Renault, as its new CEO to revive Gucci. This strategic move follows a significant drop in ...

RBI’s new regulation? Issues draft norms on Rupee interest rate derivatives; allows non-resident to undertake transactions

June 16, 2025

The Reserve Bank of India has released draft regulations to update rules for Rupee Interest Rate Derivatives, aligning the framework with market practices and increased ...

India-US trade: Merchandise exports to Washington up 16.9%; imports dip to $3.62 billion in May

June 16, 2025

India’s exports to the US surged by 16.93% in May, reaching $8.83 billion, while imports dipped by 5.76%. This upward trend continued into April-May, with ...

Foreign direct investment: Developing nations hit 20-year low; poorest countries receive just 2% of global share

June 16, 2025

The World Bank reports a significant plunge in foreign direct investment into developing economies, reaching its lowest level since 2005. This decline is attributed to ...