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Fleeing Pilots, Spare Part Crisis, Grounded Planes
Akasa Air has moved the Bombay High Court against more than 40 pilots for breach of contract and Indigo Airlines is adding to its fleet to make up for aircraft which are grounded thanks due to parts problem with its Pratt & Whitney engines
The Stock Markets Resume Their Run, Hit All Time Highs
Both the Sensex and Nifty hit all time highs on Thursday and then settled lower. The BSE Sensex hit a record high of 67,771 during the day and then closed at 67,519, up 52 points and the Nifty50 hit a new high of 20,168, before closing at 20,103.
The Nifty 50 holds 20000
The BSE Sensex gained 246 points to end at 67,467 levels, while the Nifty50 ended at 20,070, up 77 points. This is the first time the Nifty is closing above 20,000, a psychological mark for many active market participants
Inflation Is Down And Moderates To 6.8%
Inflation levels have cooled off to 6.83 per cent in August on an annual basis after hitting a 15 month high of 7.44 per cent in July, data released by the Ministry of Statistics and Programme Implementation on September 12 showed
The Nifty Hits 20000, Investors Turn Cautious
As the developed world experiences a recession, the picture is different in India. Services and industrial-production sectors have helped expand economic output. However, surging food prices have hit consumption levels and worsened sentiment
G20 Concludes With Agreements On Climate And Infrastructure With Much Praise For India
European officials were quoted saying China shot itself in the foot by staying away from the summit, allowing India to cement its leadership of the Global South and providing the US and Europe a clear path to strengthen ties with emerging markets.
‘India's Entrepreneurial Spirit Alive And Kicking': ASK Group's Bharat Shah On Changing Markets And Growing Economy
For The Core Report Weekend Edition, The Core's Govindraj Ethiraj spoke to Bharat Shah, executive director of the ASK, a financial services group, about the current market landscape, how investors should assess opportunities, and more.
Foxconn Ties Up With STMicroelectronics NV For A Semiconductor Plant
Taiwan's Foxconn and Franco-Italian STMicro are looking to build a 40-nanometer chip plant, sources told Bloomberg news. The project will seek and expect anywhere between 50% and 70% subsidies including from the state in which it is being constructed.
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Govindraj Ethiraj
Govindraj Ethiraj is a television & print journalist and also founder of IndiaSpend.org & Boomlive.in, data journalism and fact check initiatives. He very recently launched a business news initiative, www.thecore.in as Editor. Previously, he was Founder-Editor in Chief of Bloomberg TV India, a 24-hours business news service launched out of Mumbai in 2008. Prior to setting up Bloomberg TV India, he worked with Business Standard newspaper as Editor (New Media) with a specific mandate of integrating the newspaper’s news operations with its digital or web platform. He also spent around five years each with CNBC-TV18 & The Economic Times. He is a Fellow of The Aspen Institute, Colorado, a McNulty Prize Laureate 2018 & a winner of the BMW Foundation Responsible Leadership Awards for 2014.
