Air India is considering a substantial new order for wide-body aircraft from both Boeing and Airbus, according to industry sources, as part of its ongoing transformation under Tata Group’s ownership.The discussions are for 30 to 40 aircraft, divided between Airbus A350 and Boeing 777X models, with possibilities of exceeding 50 aircraft. Sources indicated to Reuters…
This recruitment initiative is aligned with the company’s yearly lateral hiring strategy. Infosys, the Narayana Murthy founded software giant, is currently seeking experienced professionals across more than 40 different skill sets to fill various positions. The organisation requires candidates with a minimum of two years’ work experience in specialised fields including cloud computing, cyber security,…
Market observers remain uncertain about the sustainability of mid and small cap stocks’ recovery. (AI image) Mid-cap and small-cap stocks back on track? The mid-cap and small-cap stocks’ recent upward movement suggests potential for further upside. Technical indicators in the short term suggest their indices could rise by an additional 5%, following a similar increase…
Analysts anticipate further market recovery, supported by positive FII sentiment and sustained domestic investments. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rose in opening trade on Thursday. While BSE Sensex rallied over 400 points, Nifty50 crossed the 23,000 mark. At 9:18 AM, BSE Sensex was trading at 75,829.02,…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, LIC Housing Finance, Bank of Baroda and UPL are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 20,…
MUMBAI: In a significant decision, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, distinguished between a legal owner (an individual whose name is merely added on purchase of a property, say a spouse or brother) and a beneficial owner (to whom it actually belongs).The ITAT emphasized that merely having a name on a property title…
XRP saw a surge after Ripple CEO Brad Garlinghouse revealed that the US Securities and Exchange Commission (SEC) is no longer pursuing its appeal in the ongoing legal case against the payments company. As a result, XRP’s price jumped nearly 11%, reaching $2.52.Speaking at the Digital Assets Summit in New York on Wednesday morning, Garlinghouse…
The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept the benchmark rate unchanged in the 4.25-4.5% range in its meeting today. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to…
(Image credits: KPI Green Energy) NEW DELHI: KPI Green Energy announced on Wednesday that it has secured a Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to partly fund its 50 megawatt (MW) hybrid power project in Bharuch, Gujarat, news agency PTI reported.“The company has received a final sanction…
A Tax Saving FD represents a special term deposit that provides tax advantages under Section 80C. (AI image) It’s that time of the year again when you scramble for last minute tax saving investments. Those who systematically arranged their tax-saving investments throughout the year remain at ease, whilst last-minute planners are rushing to maximise deductions…
