Air India is fully owned by Tata Sons, while Vistara is a joint-venture of Tata Sons and Singapore Airlines with an equity split of 51 per cent and 49 per cent, respectively
India and the UK on Monday expressed their commitment to an early conclusion of the free trade agreement (FTA) between the two countries.
Citigroup CEO Jane Fraser plans to split the bank’s Institutional Clients Group (ICG) into its three primary business segments: investment and corporate banking, global markets and transaction services, the report stated.
In recent discussions between the Department of Financial Services and insurance players, it was brought up that insurance penetration needs rapid scaling up to achieve “insurance for all”.
Hectic buying in index majors Reliance Industries, ITC and HDFC twins also added to the momentum, traders said.
The inaugural edition of namaste.ai features a cover story on JRD Tata as a tribute to the ‘Father of Indian Aviation’.
The submission was made by senior advocate Ramji Srinivasan appearing for the RP before a division bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula.
Nifty PSU Bank slipped 0.73 per cent, led by a 3.22 per cent drop in Bank of Baroda shares, after the Reserve Bank of India (RBI) banned the lender from onboarding new customers via its mobile app.
Retreating crude oil prices also supported the Indian currency even as outflow of foreign funds capped a sharp gain, forex traders said.
The Reserve Bank of India raised its inflation projection for FY24 from 5.1 per cent to 5.4 per cent, while retaining its GDP projection at 6.5 per cent.