Air India’s board is scouting for a new chief executive to replace Campbell Wilson, two people with direct knowledge of the matter said, as the airline remains under intense scrutiny over safety lapses after a crash in June killed 260 people. Campbell Wilson took over as Air India CEO in July 2022 after a 26-year […]
Bajaj Auto Ltd.’s exports outpaced India sales for the first time in at least three years, amid a revival abroad and muted demand at home. The Bajaj Auto HQ in Pune. Bajaj Auto is a rare Indian two-wheeler maker which has equally robust global and local operations. (Tushar Deep Singh/HT) Domestic sales of the Pulsar […]
Shares of India’s largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. ITC is India’s largest cigarette maker, drawing 40% revenue from the product category. (Reuters) From 1 February 2026, cigarettes will be charged an excise duty of ₹2,050-8,500 per 1,000 sticks, according to […]
Hyundai Motor India Ltd on Thursday said Tarun Garg has officially assumed charge as its Managing Director & Chief Executive Officer (MD & CEO) from January 1, 2026. Tarun Garg succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company (HMC), South Korea. (File Photo/ Bloomberg) This is the first time […]
NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a notice to Air India, flagging safety concerns regarding the operation of Boeing 787-8 Dreamliner VT-ANI, despite recurring technical issues. Air India is yet to comment on the DGCA notice sent on December 29. (REUTERS FILE PHOTO) In the notice on December 29, the aviation regulator flagged […]
Novo Nordisk AS is lowering prices of its top-selling WeGovy weight-loss drug in China, as the Danish drugmaker braces for intense competition from local rivals next year when the patent for its blockbuster treatment ends. Novo Nordisk slashed WeGovy prices by up to 37% in India last month. (Reuters) The company did not give details […]
India’s real estate market has entered one of its most confident phases in over a decade, with steady sales, firm prices, and renewed investor interest. Urban professionals, in particular, are once again viewing property as a reliable avenue for building and preserving wealth. At the same time, investing in real estate is no longer confined […]
India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]
For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) […]
NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and industry minister Piyush Goyal said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 […]
