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AAI profit leans on privatized airports as core network bleeds

NEW DELHI, April 1 -- The Airports Authority of India's (AAI) profitability is increasingly being driven by a small set of privatized airports, even as most of the airports it runs continue to make lo... Read More


Dalal street bull roars as Nifty rises 348 points, Sensex gains 1186 pts amid hopes of easing West Asia tensions

Mumbai, April 1 -- The stock markets closed on a strong footing on the first day of the new financial year FY27, with benchmark indices witnessing a broad-based rally across sectors, even as underlyin... Read More


ChatGPT parent OpenAI raises $122 billion in record funding round, valuation hits $852 billion

New Delhi, April 1 -- OpenAI has completed the largest private funding round, raising $122 billion ahead of its blockbuster initial public offering (IPO) expected to be launched by the end of this yea... Read More


PM greenlights programme to train 10,000 managing directors

Hanoi, April 1 -- A nationwide programme aimed at nurturing a new generation of business leaders capable of driving green transition and digital transformation has been approved, with plans to train 1... Read More


Mumbai mayor Ritu Tawde claims priest's blessings cured her chronic throat ailment: 'Medicines didn't help'

Mumbai, April 1 -- City Mayor and BJP leader Ritu Tawde has drawn attention after claiming that a long-standing throat ailment was cured through the blessings of a "gurudev", after medical treatment f... Read More


Nita Ambani wows in minimal look for Mumbai Indians team dinner; her pink diamond earrings are anything but simple

India, April 1 -- Nita Ambani hosted the members of the Mumbai Indians team for a dinner at the Ambani family's ultra-luxurious residence, Antilia, in Mumbai. The photos from the get-together were sha... Read More


Tipco Engineering share price makes flat debut on BSE SME, lists at Rs.89.25 apiece

New Delhi, April 1 -- Tipco Engineering share price made a flat debut in the Indian stock market on Wednesday, April 1. The shares of Tipco Engineering are listed at less than 1% premium on BSE SME. ... Read More


RBI extends export credit relief till June 30 amid West Asia crisis

Mumbai, April 1 -- The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursals made till June 30, citing... Read More


Why does India's financial year start from 1st April and not 1st January? Explained

New Delhi, April 1 -- Every year, January 1 marks the start of a new calendar year. But for India's government, companies, taxpayers and financial system, the real reset comes three months later - on ... Read More


Credit guarantee boost to help revive microfinance growth, says Muthoot Microfinance CEO Sadaf Sayeed

New Delhi, April 1 -- The government's Rs.20,000 crore credit guarantee support for the microfinance sector, announced on 21 March, comes at a crucial time for smaller non-banking finance company-micr... Read More