Tata Sons announces merger of Vistara with Air India

Tata Sons announces merger of Vistara with Air India

File photo used for representative purpose only. | Photo Credit: PTI Singapore Airlines on November 29 said Vistara will be merged with Tata group-owned Air India. As part of the transaction, SIA will also invest ₹2,058.5 crore in Air India. “This would give SIA a 25.1% stake in an enlarged Air India group with a […]

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Foreign portfolio investment inflows hit 20-month high of ₹51,200 crore in August

Foreign portfolio investment inflows hit 20-month high of ₹51,200 crore in August

India will continue to attract FPI flows this month too, although at a slower pace as compared to August, given continued rate hikes by the U.S. Federal Reserve along India will continue to attract FPI flows this month too, although at a slower pace as compared to August, given continued rate hikes by the U.S. […]

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Rakesh Jhunjhunwala, veteran stock investor, dies in Mumbai aged 62

Rakesh Jhunjhunwala, veteran stock investor, dies in Mumbai aged 62

Jhunjhunwala was known as ‘India’s Warren Buffet’ for his ability to pick up low-priced quality stocks much before they become high performers Jhunjhunwala was known as ‘India’s Warren Buffet’ for his ability to pick up low-priced quality stocks much before they become high performers Veteran stock investor and newly-launched Akasa Air founder Rakesh Jhunjhunwala passed […]

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Reliance invests ₹30,000 crore in FY22; to accelerate store expansion, e-commerce

Reliance invests ₹30,000 crore in FY22; to accelerate store expansion, e-commerce

In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 lakh In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 lakh Reliance Industries invested ₹30,000 crore (around $3.76 billion) in its retail business and added 2,500 stores, taking the total store count to 15,196 […]

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