Newsmen Business Desk

SpiceJet's Chairman and Managing Director, Ajay Singh, sees this capital raise as significant for strengthening the airline's financial position, enhancing operational capabilities, resolving outstanding issues, and positioning the airline for sustained growth in the aviation sector. Singh expresses confidence in achieving the goal of building a world-class airline in India through this capital infusion.

The US government said that prices for consumers inched higher in November, but the pace of inflation continued to slow down from last year, media reports said.

Additionally, Gadkari endorsed precast concrete as a sustainable substitute and encouraged industry collaboration for the use of sustainable materials and alternative fuels. The 5-day CII EXCON 2023, South Asia's largest construction equipment trade fair, includes over 1,000 exhibitors and attracts global participation.

BharatPe, in response to an FIR filed by Delhi Police's Economic Offences Wing, accused Grover of tweeting defamatory statements, adding to an ongoing defamation suit seeking damages of Rs 88.67 crore.

Serum Life Sciences, a UK offshoot of Poonawalla's Serum Institute of India, orchestrated the acquisition.

Fitch underscores its belief that continuity is likely for both India and Bangladesh during their respective elections.

The primary objective behind this capital influx, as articulated by the Gautam Adani-led firm, is to primarily allocate these funds towards the refinancing of its current debt obligations.

This surge was propelled by robust performances in the manufacturing, mining, and electricity generation sectors, as reported by the Ministry of Statistics.

Kunal Shah, a Senior Technical & Derivative Analyst at LKP Securities, noted resistance at higher levels for the Bank Nifty index and advised caution due to anticipated heightened volatility with the approaching weekly expiry. Traders were encouraged to implement strict stop-loss measures on both sides of the market.

Ritesh Agarwal, OYO's Founder and CEO, expressed confidence in Kumar's leadership during efforts to enhance profitability and strengthen the company's financial foundation.