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Business confidence in India touches decadal high: FICCI
Business confidence in India touches decadal high: FICCI

New Delhi, As the demand scenario improves and economic activities gather momentum, a FICCI survey shows that confidence among Indian businesses and entrepreneurs is significantly high and the business confidence index is at a decadal high.

The Overall Business Confidence Index stood at 74.2 in the current ro

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Adani Ports' shares rise as Warburg Pincus arm to invest 800cr
Adani Ports' shares rise as Warburg Pincus arm to invest 800cr

Mumbai,  Shares of Adani Ports and Special Economic Zone (APSEZ) rose on Monday morning on the company's announcement that Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore in the company.

The Warburg Pincus arm would pick up 0.49 per cent stake in the Adani Group enti

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Air travel continues to accelerate in Feb 2021: ICRA
Air travel continues to accelerate in Feb 2021: ICRA

New Delhi,  Domestic air travel continued to accelerate in February 2021 with a sequential improvement of 1 per cent, said ratings agency ICRA.

However, the pace of growth slowed down for the second month in February 2021, with a sequential growth over January of 1 per cent to 78 lakh passengers.

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Bombay HC orders payout to NSEL small claimants of Rs 2-10L on priority basis
Bombay HC orders payout to NSEL small claimants of Rs 2-10L on priority basis

Mumbai,  The Bombay High Court has ruled that the competent authority (CA) in the National Spot Exchange Limited (NSEL) payment default case must distribute the amount lying in its escrow account to genuine claimants whose outstanding s between Rs 2 lakh and Rs 10 lakh on a priority basis.

Hearing the ap

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Govt's privatisation plan will see it retaining minority shareholding in select companies
Govt's privatisation plan will see it retaining minority shareholding in select companies

New Delhi,  The government may retain non-controlling stake in some of the public sector enterprises that would be put for strategic sale involving change of management control next year.

Highly placed government sources said that a bare minimum government presence may be maintained in sectors such as de

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Singapore Airlines to pilot IATA's 'Travel Pass' mobile app trials
Singapore Airlines to pilot IATA's 'Travel Pass' mobile app trials

New Delhi,  Singapore Airlines will become the world's first airline to pilot the International Air Transport Association's 'Travel Pass' mobile application trials for digital health verification.

This is the second phase of trials. SIA had trialled the first phase of its digital health v

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NASA names Mars rover touchdown site after Octavia Butler
NASA names Mars rover touchdown site after Octavia Butler

Washington,  NASA has named the landing site of its Perseverance Mars rover after the science fiction author Octavia Butler.

So the location of the rover's touchdown site is now being called "Octavia E. Butler Landing," the US space agency said last week.

The rover was launch

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C-vax: WHO chief appreciates Russia's investment in science
C-vax: WHO chief appreciates Russia's investment in science

Geneva,  Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus has appreciated Russia's investment in science during a video call with Russian Minister of Health Mikhail Murashko as the two sides discussed a range of issues including the application for emergency use authorisation for R

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India retail sector to add 2.5 cr new jobs by 2030: Report
India retail sector to add 2.5 cr new jobs by 2030: Report

New Delhi,  The Indian retail sector is likely to generate 2.5 crore new jobs by 2030 and a lion's share will be the offline+online model which will account for nearly 50 per cent of the total retail employment addition, a Nasscom report said on Monday.

The online+offline model will lead to $125 bill

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Ola showcases 1st electric scooter, aims 1 cr bikes by 2022
Ola showcases 1st electric scooter, aims 1 cr bikes by 2022

New Delhi,  Before Elon Musk-led Tesla finally makes its India entry, ride-hailing platform Ola on Monday announced world's largest two-wheeler manufacturing facility called Ola FutureFactory that will have annual production capacity of one crore vehicles and will be operational by 2022.

The factory

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