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Akasa Air eyes 30% capacity growth in FY27
Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite geopolitical uncertainties. The airline, operating 39 Boeing 737 MAX aircraft, currently dedicates about a quarter of its capacity to international routes. With a focus on strong capitalization, Akasa Air is well-positioned to navigate rising operational costs, aiming for 30-40% growth over the next 4-5 years.
HDFC Life Insurance Company Ltd soars 0.14%, up for fifth straight session
HDFC Life Insurance Company Ltd is quoting at Rs 598, up 0.14% on the day as on 12:44 IST on the NSE. The stock is down 23.3% in last one year as compared to a 4.38% drop in NIFTY and a 1.04% drop in the Nifty Financial Services.
Tata Motors CV aims to be fourth largest global player after Iveco deal; Check FY28 targets
By financial year 2028, Tata Motors CV is aiming for free cash flow to be between 7% to 9% of revenue, while its Return on Capital Employed could jump to 30% to 35% after the Iveco deal.
JM Financial Services standalone net profit rises 46.47% in the March 2026 quarter
Sales rise 18.07% to Rs 355.91 crore
First Carolina Financial Services lists on NYSE under ticker FCBM By Investing.com - Investing.com India
First Carolina Financial Services lists on NYSE under ticker FCBM By Investing.comInvesting.com India
Jio Financial Services Share Price Live Updates: Jio Financial Services Market Update
Wipro Share Price Live Updates: Wipro's Financial Market Snapshot
RBI Governor asks banks to treat MSMEs as growth partners
RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit.
RBI Governor asks banks to treat MSMEs as growth partners
RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit.
DoT retains backhaul spectrum pricing, rejects Trai's cut proposal
Telecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal for reduced, uniform charges. Despite Trai's argument for lower fees to boost network economics and service quality, the DoT has reinstated the existing, progressively higher fee structure. This decision will maintain a significant financial burden on companies expanding 4G and 5G networks amidst surging data demand.
West Bengal eyes Calcutta Stock Exchange revival to reclaim financial hub status
Kolkata's historic stock exchange is set for a revival, with the state's finance minister vowing to restore the city's financial capital status. This move promises easier capital access for Eastern India, reduced trading costs, and job creation. The government also plans to list profitable state-owned companies to generate funds and unlock value, aiming to boost the region's economic standing.
Anna Hazare Threatens Indefinite Hunger Strike From July 5 Over RTI Amendments
Hazare objected to the hike in RTI fees, saying no rational explanation or financial analysis was provided.