Indian shares flat ahead of key earnings; IT, pharma stocks fall – Times of India

[ad_1] BENGALURU: Indian shares were little changed on Tuesday as investors await key quarterly results in a busy earnings week.The Nifty 50 was up 0.03% to 17,749.35, as of 9:51 a.m. IST, while the S&P BSE Sensex gained 0.03%.Seven of the 13 major sectoral indexes declined with information technology (IT) and pharma stocks falling 0.5% … Read more

Tata Communications Q4 profit dips about 11% to Rs 326 crore – Times of India

[ad_1] NEW DELHI: Tata Communications on Wednesday posted about 11 per cent decline in the consolidated net profit to Rs 326.03 crore in the fourth quarter ending March 31, 2023.The company posted a profit of Rs 365.06 crore in the same period a year ago.The consolidated income from operations increased marginally to Rs 4,586.66 crore … Read more

Air India Pilot Bodies Reject Revamped Compensation, Asks Members Not To Sign Structure

[ad_1] Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally … Read more

Exclusive: A Sneak Peak Into Air India’s New In-Flight Food Menu, See How It’s Prepared?

[ad_1] “We focus to serve Indian ‘Ghar ka Khana’ in the flight with some unique fusion culinary touch, elevating the in-flight dining experience of Air India passenger,” candidly mentioned Chef Abhijeet, the executive Chef of Air India during a conversation at the Ambassador’s Sky Chef in Delhi. The airline, under its new ownership of Tata … Read more

Break up India’s biggest companies, former deputy governor of RBI Viral Acharya says – Times of India

[ad_1] MUMBAI: India’s biggest conglomerates, which wield immense pricing power in the retail, resources and telecommunication sectors, are contributing to elevated inflation and should be broken up, a former central banker said.The “Big 5” consisting of Reliance Group, Tata Group, Aditya Birla Group, Adani Group and Bharti Telecom have grown at the expense of smaller … Read more

Tata Advanced Systems To Manufacture Airbus A320neo Aircraft Cargo, Bulk Cargo Doors In India

[ad_1] Airbus, a significant player in European aviation, announced on Wednesday that Tata Advanced Systems will produce the bulk cargo and cargo doors for the A320neo series of aircraft. According to a statement from Airbus, TASL will manufacture these doors at a new site in Hyderabad utilising cutting-edge robotics and automation technologies. According to the … Read more

Air India To Soon Receive Its First-Ever Airbus A321neo Aircraft, Plane Leaves Hamburg

[ad_1] Air India, the former national air carrier will soon receive its first-ever Airbus A321 Neo aircraft fitted with CFM LEAP 1A engines. The Tata Group owned airline will receive the first of its type of aircraft as the plane has left Hamburg, Germany to arrive in India. In a tweet, Air India stated, “All … Read more