India's largest airline by market share will use the proceeds to meet debt obligations, pay oil companies.
Bidding deadline extended for eighth time since January
Sales of two-wheelers during April stood at 995,097, 39 per cent lower than in April 2019
A second wave of Covid-19 has severely hit Indian airlines
The company last month had tied up with Taiwanese electric two-wheeler maker Gogoro to accelerate the shift to sustainable electric mobility
Passenger numbers yesterday dropped below 100,000 for the first time since September
The project to be completed by December 2026
Nearly 8 million people applied for vaccination in three hours on the first day of registrations
Govt expects no change in disinvestment proceeds
Maruti to shut plant, Hyundai to set up oxygen manufacturing units at hospital
Chairman R C Bhargava says local lockdowns and curfews have so far not had any impact on production and retail demand continues to outpace supply
Many facilities stopped production because govt did not procure the ventilators it had ordered last year
The airline is expected to take the delivery of its first plane in the first half of 2022
Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country
The new SUV is being pitched as a premium car; company is expected to launch it with both petrol and diesel powertrains
Raw material prices are hardening with the full impact of cumulative increases set to be felt in Q3 and Q4 of this financial year
With a series of default notices and sceptical banks, the promoter has a formidable challenge
Occupancy in airlines is down to 60 per cent as number of cases rises and states impose travel curbs
The company has recently opened a new facility at Cochin and is looking for business from foreign airlines
Maruti Suzuki, India's largest carmaker, reported a near 100 per cent jump in sales in March at 167,014 units against just 83,792 units last year