Even though the past few months have seen a dramatic drop in air traffic, market leader IndiGo has further consolidated its position by grabbing more market share. The market for coronavirus vaccine in India could potentially be $6 billion in terms of sales for the coming three years. The share of State Bank of India (SBI) is attempting a recovery to pre-COVID levels in line with benchmark Sensex. Read for more top stories from the world of business and economy:
IndiGo's market share has grown even as all other major carriers have reported loss in market share.
The Central Board of Indirect Taxes and Customs (CBIC) has constituted a group of officers to complete consultation exercise with industry bodies.
The market for coronavirus vaccine in India could potentially be $6 billion in terms of sales for the coming three years.
SBI share has gained from Rs 189 to Rs 225.90 in a month, rising nearly 20% against a mere 2.58% surge in Sensex.
HDFC Bank has issued an apology for submission of unsigned financial results for Q1FY21, owing to "certain logistic and connectivity issues" amid COVID-19 pandemic.