Air India, Indigo to operate additional flights from Srinagar; Government urges airlines to avoid surge pricing

Air India, Indigo to operate additional flights from Srinagar; Government urges airlines to avoid surge pricing

Air India and IndiGo will operate a total of four additional flights from Srinagar to the national capital and Mumbai on Wednesday (April 23, 2025). File | Photo Credit: G.P. Sampath Kumar The Civil Aviation Ministry has asked airlines to ensure there is no surge in airfares on the Srinagar route, and airlines will be … Read more

Apeejay Hotels offers room for growth on pricing, expansion

Apeejay Hotels offers room for growth on pricing, expansion

ET Intelligence Group: Investors can consider investing in the initial public offering (IPO) of Kolkata-based Apeejay Surrendra Park Hotels. Presence in prime locations, highest occupancy in the industry, following a conscious strategy of pricing its rooms more attractively than its peers, well-calibrated expansion and reasonable valuation are among the key factors investors can consider while … Read more

India Inc hungry for growth fuel, power stocks hit new highs

India Inc hungry for growth fuel, power stocks hit new highs

Mumbai: Shares of most companies in the power space are at all-time highs helped by the recent uptick in demand, an improvement in pricing trends, and pick-up in industrial demand. Shares of Torrent Power, NTPC and Power Finance Corp hit their lifetime highs on Wednesday, while REC hit its lifetime high earlier this month. Renewable … Read more

ETMarkets Management Talk: eClerx will deliver margins within target range: Co-founder PD Mundhra

ETMarkets Management Talk: eClerx will deliver margins within target range: Co-founder PD Mundhra

PD Mundhra, Co-founder and Executive Director of IT consulting and outsourcing company eClerx, says with improving utilisation, the company should be able to deliver EBITDA margins within the target range of 28-32%. “There are multiple factors likely to impact margins in the future, including currency movements, pricing changes, utilization levels, and business mix. We hope … Read more

Amit Aggarwal’s mini supernova

Amit Aggarwal’s mini supernova

Designs from Supernova couture Things can change overnight, let alone over two years. Amit Aggarwal’s latest collection, Supernova, is targetted at the people who have emerged from the pandemic. “We are stepping towards a new world,” says Aggarwal, 44. “I have seen people change around me; they have accepted that there is a struggle. But … Read more

ADB issues $3 billion five-year global benchmark bond

ADB issues  billion five-year global benchmark bond

Manila: The Asian Development Bank (ADB) returned to US dollar bond market with the pricing of a three billion dollars five-year global bond proceeds of which will be part of ADB’s ordinary capital resources. “We looked at the post-summer issuance window and saw an opportunity to add a new five-year to our global benchmark curve,” … Read more