IndiGo to add 80 planes by early FY26, doubling fleet growth
Currently, the airline has around 40 aircraft on ground, as its chief financial officer Gaurav Negi told analysts at its March quarter earnings call on Wednesday.
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Reliance to bet on affordable FMCG products to tap 60 crore mass consumers
Reliance Industries is expanding its presence in India’s fast-moving consumer goods (FMCG) market by focusing on affordable products for around 60 crore mass-market consumers, according to T Krishnakumar, director of Reliance Consumer Products (RCPL). The strategy includes partnering closely with…
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Newer verticals likely to help Adani hit 20% Ebitda growth target
The growth in Ebitda to around ₹1.10 lakh cr will come from incremental cash flows from its airport in Navi Mumbai, the green energy business, and copper smelter, a senior group official said.
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India’s Jan-March GDP growth likely to rebound to 6.8%, says expert
Deutsche Bank forecasts India’s real GDP to grow by 6.8% year-on-year in Q4 FY25, rebounding from previous quarters, driven by decreased subsidies and improved net tax collections. Favorable inflation and supportive government policies further bolster this growth, potentially pushing real…
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SEBI working with NSE to resolve pending IPO issues: Tuhin Kanta Pandey
SEBI is collaborating with the NSE to resolve pending issues for its IPO, aiming for a resolution soon, according to Chairman Tuhin Kanta Pandey. The regulator will also issue directions on derivatives expiry dates after reviewing stakeholder comments.
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MSME credit exposure rises to Rs 35.2 lakh crore in FY25, delinquencies improve
This growth was accompanied by an improvement in asset quality, with balance-level serious delinquencies (90 to 720 days past due and classified as ‘sub-standard’) falling to a five-year low of 1.8%.
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