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Adani Ports Acquires 80% Stake In Astro Offshore For $185 Million

Press Trust of India | Friday August 30, 2024, New Delhi

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has entered into an agreement to acquire 80 per cent stake in Astro Offshore for USD 185 million in an all-cash deal.

Vistara's Last Flight On November 11, No Bookings After September 3

NDTV News Desk | Friday August 30, 2024, New Delhi

Vistara Airlines will cease to operate under its brand name on November 11. The airline's operations will be fully integrated with Air India starting from November 12, marking the culmination of a merger process initiated nearly two years ago.

Moody's Raises India's GDP Growth Forecast To 7.2% For 2024

Indo-Asian News Service | Friday August 30, 2024, New Delhi

New York-based Moody's Ratings on Thursday raised its forecast for India's GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy.

Vistara Bookings To Stop From September 3. Air India Merger From November 12

Asian News International | Friday August 30, 2024, Gurugram (Haryana)

TATA SIA Airlines Limited, known by the brand name of Vistara announced its merger with Air India on Friday.

Sensex Opens At Record High Of 82,637, Nifty Reaches All-Time High Of 25,257

Reuters | Friday August 30, 2024, New Delhi

The NSE Nifty 50 index rose to 25,257, while the S&P BSE Sensex climbed to 82,637, with both benchmarks hitting all-time highs.

Singapore Airlines Gets India's Nod For Vistara-Air India Merger

Press Trust of India | Friday August 30, 2024, Singapore

Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups.

IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore

Press Trust of India | Thursday August 29, 2024, New Delhi

InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.

Shah Rukh Khan Enters Hurun Rich List With Rs 7,300 Crore Fortune

Edited by NDTV News Desk | Thursday August 29, 2024, New Delhi

With an estimated wealth of Rs 7,300 crore, Bollywood superstar Shah Rukh Khan has made it to the 2024 Hurun Rich List.

India Added A Billionaire Every 5 Days In 2024, Shows Hurun Rich List

Edited by NDTV News Desk | Thursday August 29, 2024, New Delhi

India has witnessed an unprecedented surge in wealth creation, with a new billionaire emerging every five days in 2023, according to the 2024 Hurun India Rich List.

Adani Enterprises To Launch Maiden Rs 800 Crore Retail Bond Issue On September 4

Indo-Asian News Service | Thursday August 29, 2024, Ahmedabad

Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore.

Amitabh Bachchan's Family Invests in Swiggy, Buys Shares Held By Employees

Edited by Debanish Achom | Wednesday August 28, 2024, New Delhi

Amitabh Bachchan's family office has acquired a minority stake in food delivery and quick commerce app Swiggy, according to reports.

Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes

Press Trust of India | Monday August 26, 2024, Mumbai

Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.

On SEBI Move, Paytm Says No New Notice, IPO Issue Already Disclosed In Financial Results

Indo-Asian News Service | Monday August 26, 2024, Mumbai

In a statement, Paytm said it has addressed the matter through preliminary response, and is in regular communication with SEBI.

"Everyone With Offer Will Join": Infosys CEO On Onboarding Delays

Press Trust of India | Monday August 26, 2024, New Delhi

Infosys CEO Salil Parekh has indicated that offers given to freshers will be honoured by the company and followed with joining, although there has been some change in dates.

Unified Lending Interface Will Be Launched In Due Course: RBI Chief

Press Trust of India | Monday August 26, 2024, Bengaluru

Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.