Lufthansa will operate their latest, state of the aircraft A350-900 with a configuration of 48 seats in business class, 21 seats in premium economy class and 224 in economy class. Continue Reading
According to the credit ratings agency, the country’s gross domestic product (GDP) is expected to go up to 7.3 per cent by FY21. Private final consumption expenditure is expected to grow by 10-11 per cent year-on-year until 2021, which has grown at about 10-12 per cent… Continue Reading
Earlier, the Ministry, on 23 June, moved the NCLT seeking a five-year ban on them in the IL&FS saga. Dismissing their petitions challenging the jurisdiction of the tribunal to ban them, the NCLT however, said it will hear the Ministry’s application seeking a five-year ban on…. Continue Reading
The capacity utilisation of the company during the quarter was 7 per cent, while overall cement sales (including clinker) was at 30.42 Lakh tonnes for the quarter as compared to 30.75 lakh tonnes in the same quarter of the previous year. Continue Reading
Trade relations between India and Pakistan were already strained following the Pulwama terror attack in February as India imposed 200 per cent customs duty on all goods imported from the neighbouring nation. Continue Reading
Chief executive Sumit Bali exuded confidence that despite the elevated cost, they will be able to maintain net interest margins at seven per cent because of its focus on retail. It is looking to raise Rs 100 crore with a green-shoe option to raise Rs 900 crore more. Continue Reading
The largest commercial vehicle maker Tata Motors has lowered production at its Pantnagar (Uttarakhand) facility to 15,000 units of smml pick-up trucks this month from 18,000 units last month amid sputtering sales. Continue Reading
The Consumer Affairs Ministry has sought views of stakeholders on the draft guidelines on e-commerce by 16 September. Meanwhile, the government is planning to come out with a national e-commerce policy soon. Continue Reading
Maruti Suzuki has revealed that it employed 18,845 temporary workers on average in the six months ended 30 June, down six per cent or 1,181 from the same period last year. The company also said job cuts had accelerated since April. Continue Reading
Shortly after being dethroned by Reliance Jio and becoming the number two operator in terms of subscriber base, Bharti Airtel is said to have decided to completely shut down its 3G network by the end of the current financial year. Continue Reading