Most of major Gujarat public sector units (PSUs) have outperformed market indices this year, despite worsening inflation and the Ukraine-Russia war. The majority of these state companies have given higher returns, up to 138%, this calendar year.

Captains Niraj Chandan (head of flight safety), Vishesh Oberoi (head of operations) and Sorab Variava (head of training) – three senior executives of Jet Airways have resigned from their posts ahead of the relaunching of the airline. These posts...

Gautam Adani led Adani group will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolysers as part of a $70 billion investment in clean energy by 2030. The Adani group is stepping up investments across...

Reliance Industries (RIL) will obtain 79% stake in SenseHawk, a California-based software developer for the solar energy sector, for $32 million. The deal is part of RIL’s broader play in renewable energy, an area in which it last year announced...

Bengaluru-headquartered Bharat Electronics Limited (BEL) announced that it signed an MoU with Smiths Detection, a London-based threat detection and security inspection technology company, for offering advanced, high-energy scanning systems to...

SpiceJet, which is facing net loss to £78.9 million in the June quarter as high fuel prices and rupee depreciation adversely impacted the budget carrier. Amid the financial turmoil, the airline plans to raise $200 million and expects to complete...

The £5.12 billion net buying of Indian stocks by foreign funds in August, a 20-month high figure, has convincingly reversed a nine month continuous selling by these institutions. But flow-related volatility could continue for a while, brokers...

India's Goods and services tax (GST) collection remained above £14 billion for the fifth month in a row, increasing 28 per cent year-on-year (YoY) to nearly £14.9 billion in July. This was the second-highest mop-up since the rollout of the regime.