IndiGo is staring at “significant” financial damage due to the ongoing crisis stemming from rampant flight cancellations, Moody’s Ratings said, thereby raising questions on the “too big to fail” status of India’s largest airline by passengers carried. IndiGo’s rampant flight cancellations raises questions on the “too big to fail” status of India’s largest airline by […]
Mumbai: A US Court of Appeals has upheld a District Court decision against Tata Consultancy Services Ltd. that required India’s largest software-services exporter to pay $194 million in damages in a matter related to a trade secrets dispute. An injuction, now vacated, in the trade-secrets lawsuit would have limited TCS’s ability to conduct business using […]
Seema and Rajiv Mathur, a Dual-income, no-kids (DINK) couple in New Delhi, are both working professionals. Despite their high dual income, they prefer to rent rather than buy property. They value mobility and freedom. They also invest their savings in mutual funds and Systematic Investment Plans (SIPs). They simply avoid the big financial and emotional […]
Missed the festive offers this Diwali? Don’t worry, it’s never too late to plan your home purchase. Festive deals can be attractive, but buying a home should align with financial preparedness not seasonal discounts. Rohan Jha, a 32-year-old marketing executive in Mumbai, is following a six-month roadmap to successfully buy his first home. He had […]
The Nifty Bank—led by 0.9% gains each in HDFC Bank and ICICI Bank—rose 0.2% today. Bajaj Finance rose 0.8%. Source link
