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February 10, 2023 in Indian Business News

Mega Maharaja, record order: Tata’s Air India set to buy 500 aircraft

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NEW DELHI: In one of the biggest ever aircraft orders, Air India is all set to order almost 500 aircraft. These include 400 single aisles — 210 Airbus A320 neo family and 190 Boeing 737 Max.Then there ...

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February 9, 2023 in Indian Business News

No pre-departure Covid test for flyers from China, 5 other nations

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NEW DELHI: Passengers coming to India from or via Thailand, Singapore, Japan, Hong Kong, South Korea and China will from 11 am on Monday (February 13) neither require a negative report from a pre-depa ...

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February 8, 2023 in Indian Business News

Paytm stock surges as most bearish brokerage upgrades to outperform

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MUMBAI: The brokerage with the most bearish call on India’s Paytm is now calling for the stock to outperform as the fintech firm shows prospects of turning profitable. Shares rose for a third day.Macq ...

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February 7, 2023 in Indian Business News

Banks’ exposure to Adani group “insufficient” to pose credit risk: Fitch

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MUMBAI: The exposure of Indian banks to the embattled Adani Group is "insufficient in itself" to present a substantial risk to the credit profiles of these lenders, Fitch Ratings said in a note on Tue ...

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February 6, 2023 in Indian Business News

‘Adani Enterprises share price has 40% more downside’

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NEW DELHI: Shares of Adani Group’s flagship firm are overvalued on some metrics despite plunging more than 50% in the rout triggered by US short seller Hindenburg Research’s scathing report last month ...

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February 4, 2023 in Indian Business News

No impact of Adani FPO cancellation on economy: Sitharaman

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NEW DELHI: Union finance minister Nirmala Sitharaman said here on Saturday that the cancellation of Adani Enterprises’ follow-on public offer (FPO) will not have any impact on the economy and no effec ...

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