Jet Airways reports third consecutive quarterly loss
India’s biggest full-service carrier’s net profit declines to ₹1,297.5 crore in the September quarter, compared with a profit of ₹49.6 crore a year ago.
OYO appoints Aditya Ghosh as CEO, India and South Asia
The former airline executive will help shape OYO’s future in South Asia - a critical growth market for the company.
Mahindra Electric opens ₹100-crore manufacturing hub
The facility will increase its manufacturing capacity to 25,000 units per annum and create employment opportunities for 200 people.
Maruti Suzuki posts first drop in profit in 4 years
Profit declines 9.8% in September quarter as higher commodity prices and a weaker rupee hit demand.
Zydus buys Kraft Heinz’s India portfolio
As a part of the agreement, Zydus Cadila has acquired Complan, Glucon-D, Nycil and Sampriti brands.
EV sales double despite FAME II delay
With 56,000 units sold so far, India has shown slow but steady progress towards electric adoption. But in the absence of a comprehensive policy, is it too soon to judge?
TCS net profit jumps 22.6% in Q2
Revenue grows 20.7% to Rs 36,854 crore, operating margin increases to 26.5%, on strong demand for digital services and a falling rupee.
Masayoshi Son to offer free solar power to India
But only after 25-year power purchase agreements “come to an end”.
Asset-light Marriott takes on Indian hotel majors
Marriott shot into the big league in India following an asset-light model, post the acquisition of Starwood Hotels. In doing so, it has locked horns with incumbents like Taj and Oberoi.