At present, Air India has a code share partnership with United Airlines.
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
Stating that India needs to grow at 8 per cent, Ajay Piramal, chairman, Piramal Enterprises, said that we need to speed up implementation and have faster approvals.
L&T, ITC, Sun Pharma, Coal India, Cipla, Axis Bank, Maruti Suzuki, Reliance Industries, Hindustan Unilever, IndusInd Bank, Bharti Airtel, SBI Life, Adani Enterprises and Adani Ports lifted the key indices.
Fresh foreign fund inflows and intense buying in IT and commodity stocks also bolstered sentiment, traders said.
Samsung and SK Hynix dominate global sales of dynamic random-access memory chips, with data from research agency TrendForce showing they held market shares of 41 per cent and 29 per cent respectively, in the final quarter of 2022, followed by Micron at around 26 per cent.
Billionaire Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka, where his conglomerate is already developing a container terminal and a 500 MW wind project.
Tata Steel will fund research and development (R&D) projects in low carbon hydrogen segment under the partnership with British High Commission in India.
India’s imports during the month also declined by 17 per cent to $52.92 billion from $63.77 billion in July 2022.