Maldives tour and travel body urges EaseMyTrip CEO to resume flight bookings, extends apology
Maldives Association of Travel Agents and Tour Operators (MATATO) has written a letter to EaseMyTrip CEO Nishant Pitti after it announced the suspension of all flight bookings to the island…
Anand Mahindra hails ‘masterful move in political Chess game’ as ‘interest in Lakshadweep’ surges
Anand Mahindra, CEO pf Mahindra group, has highlighted the sudden surge of interest in Lakshadweep tourism amid the row between India and Maldives, calling it a “masterful move in a…
Global economy set for its worst half decade of growth in 30 years, World Bank says
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. Global growth is forecast to slow for the…
China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
Since the beginning of 2023, Chinese food delivery leader Meituan has lost a staggering $82 billion in market capitalization, as fears over increasing competition and a warning from its management about a…
Tata Power becomes the sixth Tata group company to cross ₹1 lakh-crore m-cap
Tata Power, one of India’s largest integrated power companies with operations across the entire value chain, has become the sixth stock from the Tata Group stable to hit a market capitalisation of ₹1…
Adani Ports nears acquisition of Shapoorji Pallonji’s Gopalpur Ports in Odisha
Adani Ports and Special Economic Zone (APSEZ), India's leading maritime company by market capitalisation, is in advanced negotiations to acquire Shapoorji Pallonji Group's (SP) Gopalpur Ports in Odisha, as per an…
Paytm hits 20% lower circuit on brokerage downgrades as company decides to cut down on small ticket loans
Shares of One97 Communications, the parent entity of digital payment app Paytm, tumbled in today's trade, hitting the lower circuit limit of 20%, reaching ₹650.45 apiece. This sharp fall came after the…
Reliance Industries pursuing sugar mill operators for biomass plant plans
Reliance Industries (RIL), India's most valuable company, is in discussions with sugar mill operators to procure sugarcane press mud—a crucial raw material for producing compressed biogas (CBG), as per an Economic…
Ram Mandir: Virat Kohli, Amitabh Bachchan, Mukesh Ambani; check who are invited to Ayodhya Temple consecration ceremony
The Ayodhya Ram Mandir is set to witness a grand consecration ceremony on January 22, 2024. Shri Ram Janmabhoomi Teerth Kshetra Trust will organise the event at the Ram temple. It is…
ED files first chargesheet against Chinese smartphone maker Vivo-India, others
The Enforcement Directorate on Thursday filed its first chargesheet against Chinese smartphone maker Vivo and some others in connection with its money laundering probe, news agency PTI reported citing resources. …
