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BusinessToday.In
New Delhi, September 3, 2020
The acquisition of the Mumbai International Airport and the upcoming Navi Mumbai International Airport, along with six airports already bagged for the development, will make Adani Airports, a subsidiary of Adani Enterprises, a leading enabler in developing an aviation infrastructure for the country, said Gautam Adani, chairman, Adani Group; The United States has urged India to create an environment that will foster its position in the global supply chain; The Indian government has blocked 118 more Chinese apps including the popular game PUBG Mobile. Watch this and more on News Blast.Also Read: India's actions violate legal interests of Chinese investors: China on PUBG, other apps ban


BusinessToday.In
September 3, 2020
The downward revision in Indian economy's annual forecast comes a day after official data showed the country's GDP shrunk by a record 23.9 per cent in the April-June quarter


BusinessToday.In
September 3, 2020
The local unit opened on a weak note at 73.23 on the interbank forex market, and fell further to 73.32, registering a fall of 29 paise over its last close of 73.03


BusinessToday.In
September 3, 2020
Share of SpiceJet opened 5.01% higher at Rs 53.40 against previous close of Rs 50.85 on BSE.


BusinessToday.In
September 3, 2020
India Stock Market Highlights Today: Britannia, NTPC, Hindalco, Airtel, IndusInd Bank, PowerGrid, ICICI were among the top losers today. On the other hand, Wipro, UPL, Eicher Motors, Titan and Bharti Infratel were among the top gainers


Chitranjan Kumar
September 1, 2020
As per the SBI Ecowrap, all the remaining three quarters will see negative real growth, while July-September quarter is likely to witness decline in double digits


Manu Kaushik
September 1, 2020
Despite postponing its plans to take over three airports - Lucknow, Mangalore and Ahmedabad - Adani Group is moving full steam ahead to buy out the stake of GVK and two other entities in Mumbai International Airport


BusinessToday.In
August 31, 2020
According to a company agreement, AAHL will acquire the debt of GVK ADL from its airport lenders. It will offer a stand-still to GVK, in addition to the release of the guarantee given by GVK Power and Infrastructure Limited with respect to the debt acquired by it


BusinessToday.In
August 30, 2020
Delhi International Airport Ltd, which manages IGI, expects that the airport will see recovery by FY24, with an estimated 7.3 crore flyers


Niti Kiran
August 28, 2020
The social sector spends of the government include expenses related to education, public health, family welfare, sanitation, urban development and other social services


BusinessToday.In
August 28, 2020
In the first ever online annual general meeting (AGM) in history of Tata Sons Private Limited, the representatives of the Mistry family reportedly raised concerns over the losses in various Group companies including aviation


Reuters
August 28, 2020
Since the new order was issued, state refiners have been inserting a clause in their import tenders on new rules restricting dealings with companies from countries sharing a border with India, the sources said and the tender documents show


Manu Kaushik
August 28, 2020
IndiGo's market share has grown even as all other major carriers have reported loss in market share


BusinessToday.In
August 25, 2020
In a letter to the government, global investors Abu Dhabi Investment Authority (ADIA) and Canada's Public Sector Pension (PSP) Investments have alleged that proposed deal between GVK and Adani Group is a breach of contractual terms


Sonal Khetarpal
August 25, 2020
Coronavirus impact: It is not just firms that are projecting muted growth. Sectors that are not impacted such as telecom are also not giving hikes


PTI
August 23, 2020
These 69 firms have been allotted 146.50 hectares of land during the three-month period when economic activities largely remained curtailed due to the pandemic, according to Yamuna Expressway Industrial Development Authority officials


BusinessToday.In
August 23, 2020
The average revenue per occupied bed (ARPOB) is high for medical tourists as they come to India for complex treatments


BusinessToday.In
August 21, 2020
The aviation security fee is passed on to the passengers by airlines that owe the amount to the government. The ASF is used to ensure security arrangements at airports across the country


PTI
August 20, 2020
Airlines collect the ASF from passengers when they book their tickets and then give it to the government. The ASF is used to fund the security arrangement at airports across the country


AS Lakshminarayanan
August 19, 2020
Indian IT firms lifted the Indian industry and the economy into a global view, expanding faster than any other industry through the decade


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