Economic Times
India's branded hotel sector achieved a 67.5% nationwide occupancy rate in 2023-2024, the highest in a decade, with an average daily rate of Rs 8,055.
SpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a significant
SpiceJet, boosted by ₹3,000 crore funding, aims to return all grounded planes to service within 18-24 months and grow its fleet to 100 aircraft by 2
Boeing announced on Tuesday that it has withdrawn its pay offer to approximately 33,000 U.S. factory workers as a strike approaches its fourth week, w
On the first day of full operations for Mumbai Metro Line 3's Aqua Line Phase 1, 20,482 passengers used the underground corridor by 9 pm on Tuesday, f
Tata Power is pursuing bids for wind turbines to equip its wind-solar hybrid renewable energy projects, expecting to install over 3GW with a potential
Mumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it the countr
The power ministry has urged states to adhere to their renewable purchase obligations, highlighting the necessity to meet renewable energy consumption
Amneal Pharmaceuticals is set to invest $150-200 million over four to five years to build a manufacturing facility in Ahmedabad for weight loss drugs.
Electric car sales in India fell nearly 8% in September, with Tata Motors seeing a notable 16% drop, hitting all-time low sales. Range anxiety and ina
The government is likely to ban more fixed dose combinations (FDCs) this month. An expert committee found that these FDCs lack therapeutic justificati
With a ₹3,000 crore fund injection, SpiceJet is set to expand its fleet by adding seven leased aircraft and reintroducing three grounded planes by m
The government has imposed stricter localisation rules for EV manufacturers under the PM E-DRIVE scheme. EV parts must be domestically procured, and s
Bharti Airtel is likely to see stronger sequential revenue growth in Q2FY25 compared to Reliance Jio and Vodafone Idea. Recent rate hikes benefit all
Panerai is experiencing significant growth in India and plans to open a new boutique in Bengaluru. The CEO, Jean-Marc Pontroue, emphasizes the need fo
ChrysCapital is finalizing a deal to acquire a 20% stake in HealthKart, valuing it at $450 million. Peak XV will sell their stake in the round, with C
Sales growth of groceries, personal products, and home care items in modern trade hit a four-year low in July and August due to consumer shift to onli
India has waived off mandatory testing of cough syrups for export to countries like USA, UK, and EU if their regulatory authorities have approved the
Larsen & Toubro Ltd gains a significant win as the Mumbai Metropolitan Region Development Authority extends the deadline by 60 days for bidders to con
The penalty is for "visa-related violations for 2 passengers", it added. According to the filing, there is no material impact on financials, operation
