Tata Advanced Systems Ltd and Airbus Helicopters have signed a deal to establish a final assembly line (FAL) for H125 helicopters in India, boosting the country's aerospace sector.

Tata Play's revenue declined 4.32% to Rs 4,304.62 crore in FY24, while its consolidated loss widened to Rs 353.9 crore. The company's total revenue also dipped 4.47% to Rs 4,327.07 crore.

Air India is unlikely to renew contracts of 300 non-flying employees due to redundancies after Vistara merger. These employees, who have worked for 10-15 years, may face job losses.

Tata Power Chairman N Chandrasekaran announces Rs 20,000 crore capex for FY25, focusing on renewable energy, transmission & distribution. Company aims for 15 GW clean energy portfolio & 50 million...

India's domestic air passenger traffic grew 6% in June 2024, reaching 1.32 crore passengers. IndiGo dominated with 60.5% market share, followed by Air India and Vistara. Akasa Air had the highest...

EQT Private Capital Asia has exited RBL Bank, selling its entire 7.89% stake for Rs 1,091 crore through an open market transaction. The shares were offloaded at an average price of Rs 228.08 apiece.

India's government has launched a revamped Model Skill Loan Scheme, offering loans up to Rs 7.5 lakh for skill development. The scheme aims to empower youth with financial support for advanced...

Ashar Group sells a triplex apartment in Mumbai's Pali Hill for Rs 172 crore to Apco Infratech, setting a new benchmark for the city's real estate market. The sea-view apartment spans 9,527 sq ft...

DLF reports a 23% jump in Q1 profit to Rs 645.61 crore, driven by strong housing demand. Sales bookings soar over 3-fold to Rs 6,404 crore, with Privana West selling out.

India's civil aviation ministry has received proposals from 10 states to rename 22 airports, including Tirupati Airport to 'Sri Venkateswara Airport' and Darbhanga Airport to 'Vidyapati Airport'.

The Indian rupee slumped to an all-time low of 83.78 against the US dollar on Thursday, driven by month-end dollar demand and foreign fund outflows.

IndiGo has been fined by US Customs and Border Protection for late payment of immigration user fees. The airline is seeking a waiver of the penalty, which is USD 5,832.60.

EQT Private Capital Asia has exited RBL Bank, selling its entire 7.89% stake for Rs 1,091 crore through an open market transaction. The shares were offloaded at an average price of Rs 228.08 apiece.

India's government has launched a revamped Model Skill Loan Scheme, offering loans up to Rs 7.5 lakh for skill development. The scheme aims to empower youth with financial support for advanced...

Tech Mahindra's net profit surged 23% to Rs 851 crore in Q1 FY25, driven by cost reductions. Revenue dipped slightly, but the company expects improved performance in FY25.