The anticipated delivery of IndiGo’s first Airbus A350 wide-body aircraft is scheduled for the second quarter of 2028, according to CEO Willie Walsh. The airline is focused on expanding its long-haul routes despite the hurdles of increasing fuel costs and…
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GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment was also buoyed by the board’s in-principle approval to list subsidiary GAIL Gas through an…
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Data centres in Asia Pacific have been valued at 18-20 times their contracted EBITDA while sources said transactions like Blackstone and CPPIB’s $16 billion acquisition of Australia’s AirTrunk in September 2024 had valued the target at 22-23x its contracted EBITDA.…
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Goldman Sachs raised its oil price forecasts on Sunday due to elevated supply risks and said Brent could rise to $140 a barrel in 2027 if Gulf oil output stays 3.5 million bpd below
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The Indian rupee’s surprise flow-driven recovery on Friday may prove harder to sustain, with weakness across Asian currencies and a deteriorating risk mood weighing on sentiment, while a dip in oil prices may offer relief.
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The Indian stock market saw a robust performance on Monday, with Sensex and Nifty climbing over 1%. This was largely driven by Reliance Industries’ strong earnings report, which propelled its shares upwards. Overall, sectors like Nifty Oil & Gas thrived,…
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