Many SpiceJet pilots and employees are left waiting for their salaries since March, according to internal messages reviewed by Reuters. The news comes as the cash-strapped airline is seeking an emergency loan under a government-backed credit scheme to support its operations.As of March, SpiceJet had 375 pilots on its rolls. Two pilots told Reuters that…
Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
MUMBAI: Fresh flare ups between Iran and Israel on Monday sank the rupee, spiked crude prices globally and pulled down most major Asian markets. As a result, sensex dipped over 900 points (1.3%) in early trades but recouped some ground to close 719 points (1%) lower at 73,524 points. Friday’s massive sell-off in the US…
MUMBAI: In a relief to cellular service operators, Bharti Airtel and Vodafone Idea, the Bombay HC quashed the Centre’s one-time spectrum charge imposed unilaterally in 2012, from 2008 onwards, reports Swati Despande.Govt can’t retrospectively alter the financial terms of telecom licences years after they had been granted, said a division bench of Justices Manish Pitale…
NEW DELHI: Continuing the momentum witnessed in April, Indian goods exports are estimated to have grown 15% in May as crude refining industry gained from high global oil prices. Excluding petroleum products, merchandise exports are estimated to have risen at 11% last month, an official said Monday.“It’s not only the petroleum products that drive the…
Railway officials said the nationwide catering network requires about 1,000 commercial LPG cylinders every day. (AI image) The Middle East crisis has hit the way Indian Railways prepares its meals for trains. A sharp shortage of commercial LPG cylinders has prompted the Indian Railway Catering and Tourism Corporation (IRCTC) to restart onboard meal preparation in…
Oil prices eased on Tuesday after a volatile trading session, as Iran and Israel paused attacks on each other, reducing immediate concerns over disruptions to energy supplies. The pullback came after both countries said they had stopped attacking each other following an appeal from US President Donald Trump. However, Tehran warned that it would resume…
MUMBAI: The government would divest up to 3% (nearly 4.2 crore shares) in NLC India (formerly Neyveli Lignite Corp) through offer for sale on June 9 to mobilise at least Rs 1,260 crore. Govt will offer nearly 2.8 crore shares (2% of the company) at a per-share floor price of Rs 303, almost 10% discount…
Top stocks to buy or sell today (AI image) Stock market recommendations: Kalyan Jewellers India, and Interglobe Aviation (IndiGo) are sell calls by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan for June 9, 2026. He recommends buying Fortis Healthcare.Kalyan Jewellers India Ltd: Sell in the range between Rs 354 & Rs 353;…
MUMBAI: Q-comm player Zepto on Monday filed its updated draft IPO papers with markets regulator Sebi, taking it a step closer to its public listing targeted some time in July.The startup is seeking to raise up to Rs 8,010 crore through fresh issue of shares. A bunch of the company’s existing investors including Nexus Venture…
