[ad_1] The Trump administration has made another attempt to ensure fairness for US workers, asking China to bar its airplanes from flying over Russia as it puts American airlines at a disadvantage.The US government on Thursday presented a proposal to stop Chinese airlines from flying over Russia on routes to and from the United States,…
[ad_1] Nayara Energy’s refinery has intensified its railway usage, dispatching two to three trains daily. (AI image) Nayara Energy, the Indian refinery with major Russian ownership, is scrambling to sustain operations after being hit by European Union sanctions. The Russian-owned refinery, facing exclusion from many international markets due to severe EU sanctions implemented on July…
[ad_1] WeWork India Management, the operator of co-working spaces, made a muted entry on the stock markets on Friday. The shares opened at Rs 650 on the NSE, a slight 0.31% above the issue price, but later dipped 3.84% to Rs 623.10. On the BSE, it began trading at Rs 646.50, 0.23% the issue price.The…
[ad_1] Asian stock markets traded mostly in red on Friday as the week closed, following a mix of positive and worrying developments.In Hong Kong, HSI fell 304 points or 1.14%, reaching 26,447. Shanghai and Shenzhen also traded in red shedding 0.51% and 1.85%, respectively. Japan’s Nikkei was down 470 points or 0.97% at 10:10 AM…
[ad_1] Expert Rupak De notes that despite Thursday’s recovery, the index remains under the 25,250 resistance level. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 want above 25,200, BSE Sensex was up around 200 points. At 9:24 AM, Nifty50 was trading at…
[ad_1] Jefferies has a buy rating on Adani Enterprises with the target price at Rs 3,000. Analysts said Navi Mumbai International Airport (NMIA)’s inauguration marks a strategic expansion in India’s aviation infrastructure, easing congestion for Mumbai Metropolitan Region (MMR). Phase-1 adds 2 crore passenger capacity (total: 9 crore), and bridges gaps to underserved regions. The…
[ad_1] MUMBAI: A decade after its launch in India, Swedish fast fashion giant H&M has forayed into the booming local beauty market, widening its play in the country beyond mainstay fashion and home. Popular with Gen Z and millennials for its fashion-forward clothing that comes with a brand tag and is yet affordable, H&M will…
[ad_1] New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India’s logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.Speaking at an event of the business chamber – PHDCCI, Gadkari…
[ad_1] NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh…
[ad_1] NEW DELHI: The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers…