BUSINESS
'India's economic indicators show re-acceleration'
In a report, Morgan Stanley said the growth indicators for India had slowed post the festive season in October in a fairly broad-based manner raising investors' concern. "However, growth indicators have started to show signs of re-acceleration in early 2023," it notes.According to Morgan Stanley, healthy household balance sheets and a pickup in private and public capex.
Shree Cement, Dalmia Cement (Bharat) among successful bidders for coal mines
A total of 10 coal mines were put up for forward auction, out of which Shree Cement got Datima mine in Chhattisgarh while Dalmia Cement (Bharat) secured Mandla North mine in Madhya Pradesh. CG Natural Resources Private Ltd, Rama Cement Industries Private Ltd and Orissa Metallurgical Industry Private Ltd were some of the other successful bidders.
Air India CEO says airline reporting all cases of unruly behaviour
Addressing a virtual conference on Monday, the airline CEO talked on a host of issues, including the Air India-Vistara merger and the matter surrounding the peeing incident and unruly passengers. He informed that incidents of unruly behaviour by inebriated passengers are quite frequent, adding that the airline has now become strict and is reporting all such cases of unruly behaviour.
Italy's purchasing power halved since start of Russia-Ukraine war: Report
The report, titled Changing World Observatory, did not cover data from any other European countries, Xinhua news agency reported. Purchasing power is the measure of a country's wealth relative to what one unit of currency can buy in that country. A reduction in purchasing power means residents must pay more for the same amount of goods and services.
US aid to Ukraine amounts to $50 billion since start of war
"In the field of security, economy, humanitarian and social support, we have already provided about 50 billion dollars in assistance," Yellen said on Monday after her meeting with Ukrainian Prime Minister Denys Shmyhal, Xinhua news agency reported, citing a report by the Interfax-Ukraine news agency.
WATCH | Air India business class passenger shares video of insect in flight meal
"@airindiain insect in the meal served in businessclass. Doesn't look like hygiene was taken. My flight was AI671 -Mumbai to chennai Seat 2C," passenger Mahavir Jain tweeted. Responding to the video, Air India said: "Dear Mr. Jain, we're sorry to note your experience while flying with us. This is not something good to hear. We strictly follow measures to ensure hygiene at every step of the process."
Know the excise policy case that landed Manish Sisodia in CBI net
However, the grounds of his arrest were being prepared from July last year when Delhi's Chief Secretary Naresh Kumar had submitted a report to Lieutenant Governor V.K. Saxena, accusing Sisodia of providing undue benefits to liquor vend licensees in lieu of 'commissions'.
Ashneer Grover, wife set to launch fantasy sports app CrickPe: Report
According to leading startup covering portal Entrackr, citing sources, CrickPe is expected to be launched in the "next few weeks".
"The app is in closed beta mode and will soon open to the public," the report said, citing people close to the matter. The CrickPe website appears to be a fantasy sports website for cricket fans and has an image of Ashneer.
CRED CEO Kunal Shah reveals his salary, takes Rs 15K monthly
He held an "Ask Me Anything" session on Instagram on Sunday where a user asked: "Your salary at CRED is so low? How do you survive?" Responding to the question, Shah said: "I don't believe I should get a good salary till the company is profitable. My salary at CRED is Rs 15,000 per month, and I can survive as I sold my company FreeCharge in the past."
Air India learnt lessons, could have reacted better: CEO on urination incident
While addressing a virtual conference, the CEO said that the airline has realised the importance of reporting incidents. Saying that Air India is now investing more in technology, Wilson told the media that there were many instances where the airline's crew is at the receiving end when a drunk passenger misbehaves.
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