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Pilot hiring up 8 pc by air carriers in South Korea amid strong travel demand

Oct 20, 2024

Seoul, Oct 20 (IANS) The number of pilots newly hired by South Korean air carriers rose 8 per cent (year-on-year) through August, data showed on Sunday, driven by post-pandemic travel demand.The 11 air carriers hired 537 new pilots over the January-August period, compared with 498 in the same period a year earlier, according to Rep. Lee Yeon-hee of…

Centre targets food grain production at 341.55 million metric tonnes in FY25

Oct 20, 2024

New Delhi, Oct 20 (IANS) The government has set the national target of food grain production at 341.55 million metric tonnes in the financial year 2024-25.To meet the increasing demand of edible oil in the country and to become…

Business

YouTube, Instagram expand presence in South Korean app market

Oct 20, 2024

Seoul, Oct 20 (IANS) US-based social media platforms YouTube and Instagram saw their usage time among South Korean users rise sharply in September from a year earlier, data showed on Sunday, while domestic platforms like KakaoTalk and Naver…

Business

HDFC Bank to sell up to Rs 10,000 cr shares via OFS in HDB Financial’s upcoming IPO

Oct 20, 2024

Mumbai, Oct 19 (IANS) Leading private lender HDFC Bank on Saturday announced to sell equity shares worth Rs 10,000 crore via an offer for sale (OFS) in the upcoming initial public offering (IPO) of its subsidiary HDB Financial Services…

Business

Karva Chauth festivities to see 46 pc growth in overall sales at Rs 22,000 crore: CAIT

Oct 19, 2024

New Delhi, Oct 19 (IANS) As the nation gears up to celebrate Karva Chauth, the Confederation of All India Traders (CAIT) said on Saturday that the festival is projected to see business worth Rs 22,000 crore for traders across the country, a…

Business

DigiLocker empowering millions of citizens to simplify their lives: Centre

Oct 19, 2024

New Delhi, Oct 19 (IANS) DigiLocker, the flagship e-governance platform, is empowering millions of citizens with digital tools to simplify their lives, the IT Ministry said on Saturday.Thousands of citizens tuned in live from across the…

Business

HDFC Bank’s net profit up 5 pc to Rs 16,820 crore in Q2

Oct 19, 2024

Mumbai, Oct 19 (IANS) Leading private sector lender HDFC Bank on Saturday reported a net profit of Rs 16,820 crore in the July-September quarter, a growth of 5 per cent from the corresponding quarter last year.Adjusted for trading and…

Business

Kotak Mahindra Bank’s net profit up 4.8 pc to Rs 3,344 crore in Q2

Oct 19, 2024

New Delhi, Oct 19 (IANS) Kotak Mahindra Bank on Saturday reported net profit of Rs 3,344 crore in the July-September period (Q2 FY25), up 5 per cent from Rs 3,191 crore in the same quarter last fiscal. Consolidated profit after tax (PAT)…

Business

India’s primary market on remarkable growth trajectory fuelled by IPO surge

Oct 19, 2024

New Delhi, Oct 19 (IANS) India’s primary market is on a remarkable growth trajectory, fuelled by a wave of investor interest and a surge in initial public offering (IPO) activity, experts said on Saturday.The month of September was quite…

Business

Fullerton picks up controlling stake in Lendingkart for Rs 252 cr

Oct 18, 2024

New Delhi, Oct 18 (IANS) Fintech company Lendingkart on Friday announced that Fullerton Financial Holdings (FFH), an existing investor through its affiliate, is acquiring a controlling stake in the company.FFH, a wholly-owned independent…

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