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India’s latest carrier Fly 91 gets air operator certificate

Mar 6, 2024

New Delhi, March 6 (IANS) India's latest carrier Fly91 has received the Air Operator Certificate (AOC) from aviation watchdog DGCA, it was announced on Wednesday."Yes, the AOC has been given to Fly 91 on Wednesday," DGCA Director General Vikram Dev Dutt said.On March 2, aviation veteran Manoj Chacko-backed Fly 91 took to the skies for the first…

Bira 91 raises $25 mn to expand manufacturing footprint

Mar 6, 2024

New Delhi, March 6 (IANS) B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund headquartered in New York and Hong Kong. The new investment is…

Business

Elon Musk wanted ‘absolute control’ of the company: OpenAI

Mar 6, 2024

New Delhi, March 6 (IANS) Sam Altman-run OpenAI has hit back at Elon Musk’s lawsuit, saying as the company discussed a for-profit structure in order to further the mission, “Musk wanted us to merge with Tesla or he wanted full control”.In a…

Business

SAP appoints Manish Prasad as President, MD for Indian Subcontinent

Mar 6, 2024

New Delhi, March 6 (IANS) Cloud software major SAP on Wednesday announced the appointment of Manish Prasad as President and Managing Director for SAP Indian Subcontinent. He succeeds Kulmeet Bawa, who takes on a global role to drive the…

Business

Rajasthan Tourism pavilion becomes centre of attraction at ITB Berlin travel show

Mar 6, 2024

Jaipur, March 5 (IANS) The pavilion of the Rajasthan Tourism became the centre of attraction at the ITB Berlin, the world’s premier B2B travel show, on Tuesday.The well-equipped Rajasthan Tourism pavilion in Berlin was inaugurated by the…

Business

Market value of Tata Sons’ listed investments estimated at Rs 16 lakh crore

Mar 6, 2024

New Delhi, March 5 (IANS) Tata Sons’ could potentially fetch a value of Rs 7-8 trillion at current market capitalisation of Tata Group companies, as per investment banking firm Spark PWM.There are multiple levers of value available from the…

Business

Centre rolls out 200 CNG stations across 17 states in big push to green economy

Mar 5, 2024

New Delhi, March 5 (IANS) Minister for Petroleum and Natural Hardeep Singh Puri on Tuesday dedicated to the nation as many as 201 Compressed Natural Gas (CNG) stations across 17 states and India’s first small-scale LNG unit at Vijaipur in…

Business

Nifty snaps four-day winning streak on account of profit booking

Mar 5, 2024

Mumbai, March 5 (IANS) Nifty snapped a four-day winning streak on Tuesday on account of profit booking, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.While the Nifty 50 closed the day with a loss of 49…

Business

Digital lending platform mPokket raises up to Rs 500 crore from BPEA Credit

Mar 5, 2024

New Delhi, March 5 (IANS) Digital lending platform mPokket on Tuesday said it has raised up to Rs 500 crore (around $60 million) in debt capital from BPEA Credit's private credit platform.mPokket said that the funds will be used to meet the…

Business

India aims 5-fold increase in global space economy share: Union Minister

Mar 5, 2024

New Delhi, March 5 (IANS) After Prime Minister Narendra Modi took the decision to “unlock” the space sector from the “veil of secrecy”, the country is now targeting a five-fold increase in its share of the global space economy, Union…

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