NEWS ON SERVICES
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October 27, 2022, Thursday
IndiGo asks MoCA to extend wet lease period for wide body aircraft
A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances
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October 23, 2022, Sunday
Pilots, officers apprehensive of SpiceJet's salary hike announcement
Days after SpiceJet announced a salary hike for its pilots, a section of captains and first officers of the airline has expressed apprehension ...
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October 21, 2022, Friday
DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity
Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30
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October 21, 2022, Friday
Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on ...
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October 21, 2022, Friday
Indian market is important to us, says Turkish Airlines CEO Bilal Eksi
Turkish Airlines and IndiGo have agreed to code-sharing on each other's flights between Turkey and India.
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October 20, 2022, Thursday
Delhivery plunges 13%; co sees moderate shipment volume growth in FY23
The logistics solution provider said it anticipate moderate growth in shipment volumes through the rest of the financial year.
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October 19, 2022, Wednesday
IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready
The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar
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October 19, 2022, Wednesday
SpiceJet announces revised salary structure, raise for its Captains
SpiceJet has announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh-a-month for 80 hours of ...
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October 12, 2022, Wednesday
IndiGo to operate wide body planes for first time ever in next few months
Sources said that the wide-body planes, which are going to be wet leased, are likely to be used primarily on India-Istanbul routes
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October 07, 2022, Friday
SpiceJet deposits TDS, Form 16 to be issued to staff in a fortnight
Airline says significant portion of PF contributions of all employees is also being credited and the remaining amount will be released shortly
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October 06, 2022, Thursday
Jubilant Food, Bata: Consumption stocks get leg up amid festive boost
Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer ...
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October 06, 2022, Thursday
Manyavar, Cipla: 11 stocks that could hold ground even if market corrects
Amid the recent market fall,11 stocks hit record highs. Whenever any stock exhibits reluctantance to weaken despite a pessimistic bias, it means ...
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October 05, 2022, Wednesday
SpiceJet likely to receive additional Rs 1,000 crore loan under ECLGS
SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, Rs 998 crore and Rs 1,725 crore in FY19, FY20, FY21, and FY22
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October 05, 2022, Wednesday
Jet Airways revival: Jalan-Kalrock accept bank call to infuse more capital
The consortium had 270 days to fulfil all criteria required for the plan's implementation
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October 04, 2022, Tuesday
Blue Dart hits new high; rallies 14% in a week on 10% price hike decision
Blue Dart said high inflation, rising interest rate, and high input costs have all taken a toll on the margins of the business
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October 04, 2022, Tuesday
Easy Trip Planners surges 8% on bonus issue, stock split plan
The board of directors of the company are scheduled to meet on Monday, October 10, 2022, for considering the proposal for issue of bonus shares ...
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October 03, 2022, Monday
Chalet Hotels up 6%, hits 52-week high in a weak market on ratings upgrade
The Positive Outlook reflects a consistent recovery in CHL's business operations since 2QFY22, with 1QFY23 revenue and EBITDA exceeding the ...
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September 29, 2022, Thursday
IndiGo inducts first freighter aircraft, converted from a passenger plane
No-frills carrier IndiGo on Thursday announced the induction of its first freighter aircraft, converted from a passenger plane. The airline is ...
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September 29, 2022, Thursday
Blue Dart Express' volume growth momentum likely to sustain in FY23
Margin levels could see an improvement on higher volumes, price hike
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September 27, 2022, Tuesday
Jet Airways take-off in coming weeks; in advanced talks for leasing planes
Jet Airways is in an advanced stage of talks with aircraft makers and lessors to lease planes and expects to restart operations in the coming ...
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September 27, 2022, Tuesday
HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?
Among individual stocks, Asian Paints, EIH and Alkem Laboratories can rally up to 18 per cent each. Hindustan Unilever and Metro Brands too are ...
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September 23, 2022, Friday
Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick
Tata Chemical sees 25 per cent upside on Golden Cross breakout, while Tata Investment and Indian Hotels can surge up to 20 per cent each.
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September 22, 2022, Thursday
SpiceJet says will hike salaries of senior pilots by 20% from October
The carrier earlier this week sent 80 pilots on leave without pay for three months to save costs
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September 22, 2022, Thursday
Stocks to Watch: Wipro, SBI, Reliance, SpiceJet, PNB, Sugar, Asian Hotels
Stocks to Watch Today: In the F&O; space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O; ban period on Thursday.
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September 21, 2022, Wednesday
'Abundant caution': Regulator extends cap on SpiceJet flights till Oct 29
Airline will have to demonstrate that it has the resources to fly more planes and it will continue under DGCA's 'enhanced surveillance'
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September 21, 2022, Wednesday
Top headlines: DGCA extends curbs on SpiceJet; Wipro fires 300 employees
The Cabinet on Wednesday approved the national logistics policy, which aims at reducing transportation cost and improve global performance of ...
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September 21, 2022, Wednesday
DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29
The Gurugram-headquartered budget carrier has been facing acute liquidity crunch for quite some time
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September 21, 2022, Wednesday
SpiceJet tanks 4% as airline sends 80 pilots on Leave Without Pay
The low-cost airline has been reporting losses for the past four years and is operating less than 50 per cent flights, following the July 27 ...
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September 20, 2022, Tuesday
Top headlines: KKR to invest in Hero's RE arm; CEA pegs FY23 growth at 7%
SpiceJet has sent approximately 80 pilots on leave without pay for three months in order to rationalise its costs.
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September 20, 2022, Tuesday
Mahindra Holidays soars 9%, hits all-time high on improved business outlook
The stock hit a record high of Rs 313.50, surpassing its previous high of Rs 312.67
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September 20, 2022, Tuesday
Stocks to Watch: IRCTC, McLeod Russel, Sugar, Adani Ports, Gail, Dish TV
Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on ...
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September 19, 2022, Monday
Payment aggregator licence may open avenues beyond rail-ticketing for IRCTC
Recently secured shareholder approval to approval RBI; has database of 100 mn users
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September 19, 2022, Monday
IRCTC set to enter payments sector, eyes aggregator license from RBI
At present, IRCTC already has I-PAY, its in-house payment gateway
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September 12, 2022, Monday
Lemon Tree Hotels zooms over 100% in one year, stock nears record high
The increasing traction in corporate travel will benefit us to a great extent as more than 85 per cent of the company's inventory is in business ...
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September 09, 2022, Friday
Stocks to Watch: NBFCs, RIL, Concor, IOL Chemicals, M&M;, Jet Airways, VIL
Stocks to Watch Today: Analysts recommend lack of clarity on the new policy may limit the upside on Concor; Govt to acquire stake in Voda Idea ...
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September 08, 2022, Thursday
Jet Airways faces turbulence ahead of launch as 3 senior executives quit
The Jalan-Kalrock consortium (JKC), which is preparing to launch the airline, however, downplayed the exits
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September 08, 2022, Thursday
Banks, FMCG: Time to bet on domestic economy-related sectors, say experts
Banks, Auto, FMCG, Hospitals, Domestic Industrials, and Discretionary may continue to outperform the 'Export + Cyclical'-oriented themes
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September 08, 2022, Thursday
InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal
Till 09:26 am; around 19.67 million equity shares, representing 5.1 per cent of the airline's total equity, changed hands on the NSE and BSE.
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September 08, 2022, Thursday
Stocks to Watch: NDTV, Dr.Reddy's, IndiGo, SBI, Zee, Consumer Firms
Stocks to Watch Today: NDTV open offer to start from October 17. IndiGo's co-promoter Rakesh Gangwal likely to sell up to 2.8 per cent stake in ...
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September 07, 2022, Wednesday
Gangwal may sell up to 2.8% in IndiGo Airlines for Rs 2,000 cr: Sources
Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, ...
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September 07, 2022, Wednesday
This Tata Group stock has zoomed 109% against its rights issue price
Meanwhile, the stock has surged 55 per cent against its qualified institutional placement (QIP) price of Rs 202 per share