Bihar will surely reap the fruits of a milestone Rs 27,900-crore investment by Adani Group, which is going to ultimately create over 53,500 jobs. Pranav Adani, Managing Director of Agro, Oil and Gas, and Director of Adani Enterprises, had unveiled the plan of the group for the region on the day of the “Bihar Business Connect” summit. Bihar is set …
The biggest news for SpiceJet comes in the form of a settlement agreement between the airlines and aircraft lessor Genesis over an existing dispute amounting to $16 million. The agreement is a huge step towards getting the airline back into financial stability and places it on the road to long-term growth. Post resolution, shares of SpiceJet were seen shooting up …
Chief Minister Yogi Adityanath headed the presentation of Uttar Pradesh’s second supplementary budget this year, focusing on areas to be fortified. Tallying Rs 17,865.72 crore, the budget will increase power sector and infrastructure within the state. By promoting development, it will revive departments in the neediest of places that will induce growth in the sectors most in question. Overview of …
Registration figures more than 1,12,962 companies in FY2024-25 registered upto Nov 30,2024, indicates in a positive development, how well the economy of the nation is expanding. Increase company registration is a tremendous success, reflecting the well and sustained efforts of the government in making the economy conducive for businesses. All of these strategic initiatives brought to the process of making …
Emerging low-cost carrier Akasa Air plans to raise about $130-140 million from a family-office led consortium headed by two of India’s best known entrepreneurs, Premji Invest founded by Wipro scion Azim Premji, and Claypond Capital headed by Manipal Group founder Ranjan Pai. The family of late billionaire investor Rakesh Jhunjhunwala is reinvesting to restate their commitment to Akasa’s growth, as …