enterprise 'Worst is behind us, working on plans for May 24 and beyond,' says Vistara CEO Kannan In an internal letter to employees, Kannan said that the Tata Group-owned airline has stabilised operations with its on-time performance (OTP) increasing to 89% on April 9, 2024. By Astha Oriel
enterprise Unilever to layoff 7,500 employees; separates ice-cream biz The London-listed company expects full separation of the ice cream business by the end of 2025. By Astha Oriel
investing JBM Auto bags order worth ₹7,500 cr for 1,390 e-buses; stock up 10% The tender has been awarded by Convergence Energy Services Limited (CESL) under the PM E-bus Sewa Scheme. By Astha Oriel
enterprise Govt approves new EV policy; minimum investment fixed at ₹4,150 cr Under the new policy, the automobile manufacturers is required to make a minimum investment of ₹4,150 crore or $500 million with no cap on maximum investment. By Astha Oriel
enterprise Hyundai working to resolve export challenges due to Red Sea crisis: Tarun Garg The company's exports in January declined by 13.7% YoY to 10,500 units, whereas February exports plummeted by 5% to 10,300 units, according to SIAM data. By Astha Oriel