Due to significant changes in its IT systems, the IT security incident caused a major disruption in its business operations, the Paracetamol maker said.
Customs data released Friday showed exports for September slid 6.2 per cent to $299.13 billion in the fifth straight month of decline. Imports also slid 6.2 per cent to $221.43 billion.
The Directorate General of Civil Aviation (DGCA) has put SpiceJet under enhanced surveillance for more than three weeks now and it is an ongoing process, the official told PTI.
“These are the initial days. You have the larger template, flag points. So you are going to be able to get the template out for nations to decide how they want to have their own legislative framework and other things. So it will be too early, maybe the early stage of Brazilian presidency will come out with a bit more clarification,” she said.
In a surprise announcement On May 2, Go First had said that it was voluntarily filing for insolvency with the NCLT, blaming US-based engine manufacturer Pratt & Whitney for its financial situation
India’s largest airlines have ordered nearly 1,000 jets this year, committing tens of billions of dollars to a spending spree that is unparalleled in aviation.
The BSE market capitalisation crossed Rs 300 lakh crore mark to close at Rs 301.70 lakh crore during the day.
“What we are gathering is that the volumes from major ports are not impacted. We have asked the shipping ministry to monitor the volumes too,” said a senior government official said after an inter-ministerial meeting on Wednesday.
Imports too fell by 15 per cent to $53.84 billion as against $63.37 billion recorded in September 2022.
RBI MPC member Jayanth R Varma said that India should be willing to accept inflation between 4 per cent and 5 per cent for several quarters as the price of avoiding a growth shock.