AIR INDIA RESULTS
Air India losses narrow, but Singapore Airlines’ profit falls 44% as fuel costs rise
In its latest financial report, Singapore Airlines announced a net profit of S$134 million for the first half, down from S$239 million in the same period last year. The airline faced a more than 20% rise in expenses, driven by higher jet fuel prices that reached US$171 per barrel, marking an 86.7% increase. Nevertheless, revenue saw a boost of 16.8% to S$11.
Greenjoules raises ₹150 crore in Series B funding, secures ₹100 crore TDB loan
Greenjoules has raised ₹150 crore in Series B funding from investors including Amazon’s Smbhav Venture Fund and Climate Pledge Fund, Rainmatter and Singularity, and secured another ₹100 crore loan from the government-backed Technology Development Board. The ₹250 crore financing will support a new Pune plant capable of producing 200,000 litres of biocrude a day from agricultural waste, with the company also planning to expand into sustainable aviation fuel and green hydrogen.
From tyres to footwear: How Brisil is finding new uses for rice husk ash
Rice husk ash is often treated as industrial waste. Vadodara-based Brisil converts it into green silica—a material used in tyres, footwear, paints, toothpaste, and rubber products, offering industries a lower-carbon alternative to silica made from mined sand and quartz.
India’s emissions to rise 4.4% despite global dip: Study
Renewable energy capacity growth and electric vehicle adoption are projected to reduce fossil fuel emissions by 0.4%. Major economies like China, the US, and the EU are expected to decrease emissions this year. However, India's emissions are predicted to increase at a higher rate than previous years. The ongoing energy crisis due to geopolitical events is influencing these changes in emissions.
Time to be contrarian? Are analysts behind the curve? 5 stocks from two segments of the oil and gas space
The tensions that drove oil higher are still lurking under the surface. A single statement, or a single strike, and they can surface again within days. Another round of trouble cannot be entirely ruled out. And if it comes and oil climbs again, much of the contrarian case we are making weakens with it. So the improvement is real, but it is not yet fully safe.
PT Usha fails to get elected as SOM; Saina Nehwal, Anju Bobby George, Dola Banerjee, Rani Rampal voted in
Saina Nehwal was elected as one of four female Sportspersons of Merit in a recent election. Anju Bobby George, Rani Rampal, and Dola Banerjee also secured their positions as SOMs. PT Usha, the Indian Olympic Association President, received fewer votes and did not win a seat. Controversies emerged during the elections, leading to complaints about conduct and influence.
- Go To Page 1
India's invisible pain: The dirt in the air comes with a hefty price tag for economy and businesses
Severe pollution plaguing Indian cities is taking a toll on businesses. Restrictions placed on construction and transportation impede the movement of goods, leading to increased operational expenses. Many consumers are opting out of outdoor activities due to dangerous air quality, resulting in a drop in sales and foot traffic.
Stock Picks of the Week: 5 stocks with consistent score improvement and upside potential of up to 35% in 1 year, according to analysts
The market weathered a whole bad patch with almost no FPI money coming in. But it cuts the other way too. When so little has been flowing in, even a small amount of FPI buying can move the market more than it normally would. That said, the mood has turned from bearish to cautiously optimistic, thanks largely to dropping oil prices. None of that changes your basic job as an investor: Study companies, look at earnings, and keep quality front and centre.
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential.
Biggest tunnel boring machines coming to Mumbai: Giant TBMs to dig twin Coastal Road tunnels between Kandivli and Malad; check route, project details
Mumbai's 22-km Versova-Dahisar Link Road project has moved closer to the construction stage, with two giant tunnel boring machines undergoing factory tests in Chennai. The 15.6-metre TBMs will excavate 3 km of the proposed 3.9-km twin underground road tunnels between Malad and Charkop, nearly 40 metres below ground. Scheduled for launch in May 2027, the machines will be transported to Mumbai in parts on around 100 trailers. Here is a look at the tunnel project, construction challenges, traffic benefits and environmental concerns.
Delhi AQI at 3,000 or 300? Why different apps are showing different pollution levels
Delhi's air pollution readings have sparked confusion as government and independent monitoring platforms report sharply different AQI figures, ranging from the 300s to over 3,000. Differences in AQI calculation methods, averaging periods, monitoring networks and sensor technology explain why apps show varying numbers. Here's why Delhi's AQI readings differ and how PM2.5 levels can provide a clearer picture of air pollution.
LG Ladakh congratulates IAF on successful landing of IL-76MD aircraft at Nyoma airbase
Lieutenant Governor of Ladakh, Vinai Kumar Saxena congratulated the Indian Air Force (IAF) on Sunday on the successful landing of its heavy-lift IL-76MD aircraft at the newly developed Nyoma Airbase in Changthang district, describing it as a significant achievement for India’s military preparedness and forward-deployment capabilities in high-altitude regions.
More than family business: Drugmakers make costly, long-term strategic shifts as next generation steps into bigger roles
India's family-run pharmaceutical companies are entering a new phase as the next generation takes on larger leadership roles and steers businesses towards complex generics, peptides, biologics, contract manufacturing and advanced therapeutics. Laurus Labs, Granules India, Bharat Biotech, Sun Pharma and Torrent Pharma are investing in capabilities that require greater scientific expertise, significant capital and longer gestation periods. The key question is whether the successors can turn these long-term bets into sustainable growth and create lasting value for investors.
Indian skeet shooters miss individual medal rounds, finish outside team podium
Indian men's and women's skeet shooters had a disappointing performance at the ISSF World Championships. They both failed to qualify for the individual medal rounds and the team events. Mairaj Ahmad Khan led the men's team but placed only 46th in his category. The women's team finished fifth overall, with Ganemat Sekhon being the highest placed at 13th.
US polls hit tech stocks; Qcomm’s Dhanteras gold rush
US technology stocks took a major beating days after the Democratic Party took control of both chambers of the Congress. This and more in today’s ETtech Top 5.
Air India starts using Iraq airspace for New York, Newark direct flights; likely to see 10% fuel savings
Air India has resumed non-stop flights to New York and Newark using Iraqi airspace, cutting journey times by around four hours to 16 hours and saving nearly 10% in fuel costs. The revised routes also offer greater flexibility in crew deployment and help ease the impact of prolonged airspace restrictions.
Jaypal Malviya wins silver, secures India's first shooting quota for 2028 Olympics; Manu, Suruchi falter
Jaypal Malviya achieved India’s first quota for the 2028 Los Angeles Olympics by winning silver. He scored 242.2 points in the men’s 10m air pistol event at the ISSF World Championships. Heavyweights Manu Bhaker and Suruchi Inder Singh faced disappointing outcomes in the women's competition.
LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target price
LG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 target price. The brokerage expects 21% EPS CAGR through FY29, driven by premiumisation, capacity expansion and new business opportunities.
SpiceJet’s meltdown: Rs 5,500 crore raised, but where did the money go?
SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid dues, operational collapse and regulatory oversight. Despite repeated capital infusions, the airline faces mounting losses and possible bankruptcy, while questions persist over fund utilisation, management accountability and aviation safety.
From Iran to trade, how the US midterms impact the rest of the world
US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.
Another kit controversy hits Indian shooting, Shambhavi Kshirsagar disqualified at World Championships
Of the 63 teams (126 shooters) competing in the event, the Indian pair of Parth Mane and Shambhavi was the only one to be disqualified. The incident also marked the second time in five months that Shambhavi has fallen foul of equipment regulations, having suffered a similar disqualification at the Junior World Championships in Suhl, Germany, in June.
Cancelled flight ticket? GSTAT says airlines can refund GST to passengers and claim it back from the government
Taxpayer wins GST refund denial case after depositing GST on airline ticket with the govt and later refunding the GST back to passengers due to cancelled ticket; GSTAT orders GST department to issue GST refund with interest to taxpayer
Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp
The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Jio Platforms shares climb over 3% after Q2 PAT rises 14% YoY to Rs 8,389 crore. Buy, sell or hold?
Jio Platforms reported a 14% year-on-year rise in September-quarter net profit in its first earnings announcement since listing. Subscriber additions, 5G adoption and digital services supported growth, while brokerages retained Buy ratings with target prices of Rs 1,340 and Rs 1,350.
Sona Comstar expects annual investments to rise from Rs 500-600 cr as business grows: MD
Sona BLW Precision Forgings Ltd expects to increase its annual investments from Rs 500-600 crore as it grows. The company has introduced new products like helical slip differentials and radar sensors during the September quarter. Currently, India contributes roughly 50 percent of its business, which is projected to remain stable as they expand internationally. The company aims to diversify supply chains and enhance its design and manufacturing capabilities.
Air India Express flight crew's lapse probably led to runway incursion at Goa airport in April this year: AAIB
Air India Express flight crew failed to follow air traffic controller instructions during an incident at Dabolim airport. A Navy fighter jet was taking off when the Air India plane misinterpreted communication, leading to a runway incursion. The Aircraft Accident Investigation Bureau highlighted the need for improved communication procedures among air traffic controllers. Recommendations include crew counseling and better training for personnel involved in the incident.
Jio’s connectivity push gathers pace, 5G base hits 300 million and broadband homes 30 million
Jio Platforms reported a 28% increase in its 5G subscriber base and a 32% rise in home broadband connections. By the end of the September quarter, Jio had added 66 million 5G customers, reaching a total of 300 million subscribers. The company acquired 15 million new 5G users sequentially during the third quarter. Jio is now the world's largest 5G operator outside China.
Mumbai, India's financial hub is losing its coastal edge as pollution surges
Mumbai has faced unusually poor air quality throughout October as the average air quality index has sharply increased. According to data, this month has seen significant concentrations of PM2.5 particles that pose health risks. The ongoing El Niño effect is causing slower coastal winds that usually help disperse pollution. Factors such as construction activity and urban development further contribute to the deteriorating air quality.
Load More
