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The Mumbai consumer commission has directed Flynas, a Saudi-based budget airline, to compensate a passenger Rs 1.25 lakh for losing her baggage during a trip from Istanbul to Mumbai via Riyadh. The commission criticized the airline's lack of effort in tracing the lost bag and failure to attend the hearing, deeming their conduct as "mala fide negligence."
The objective of introducing Rs 2000 banknotes was met once banknotes in other denominations became available in adequate quantities.
The objective of introducing Rs 2000 banknotes was met once banknotes in other denominations became available in adequate quantities.
Nomura projects India's GDP growth to slow to 6.2% in FY26, down from 6.5% in FY25, while raising its Nifty target due to positive domestic macroeconomic factors. Bofa Securities expresses caution on near-term equity valuations but rema ...more
Infosys CEO Salil Parekh's FY25 compensation surged to Rs 80.62 crore, a 21.6% increase driven by exercised stock options. This contrasts with Wipro CEO's $6.2 million and TCS CEO's Rs 26.52 crore earnings. While Infosys reported a mode ...more
The National Stock Exchange (NSE) demonstrates robust financial performance with substantial revenue and profit growth in FY25, surpassing major global exchanges in net earnings. With a significant valuation in private markets and a vas ...more
The government on Monday notified guidelines for its forward-looking scheme to enable fresh investments from global manufacturers in the electric cars segment and promote India as a global manufacturing hub for e-vehicles.
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