International Financial News

Milan’s Malpensa Airport, Italy’s second-busiest passenger airport, is being renamed after Silvio Berlusconi

Boeing and Airbus is well known. Boeing has been having some safety concerns and it has been reported that they will missing out on the upcoming Farnborough International air show. The company has been fixing issues related to its safety and has nothing new to offer except its 737 Max aircraft. Its European counterpart Airbus on the other hand is unveiling its new long-range aircraft which is expected to encourage airlines to operate non-stop flights on various long duration routes. The airline industry has taken a keen interest on the A-321 XLR aircraft. This international air show is one of the aviation sector’s most attended events.

Cricket in India (BCCI) vice-president Rajeev Shukla on Thursday said that Team India's triumph at the 2024 edition of the T20 World Cup was a 'great achievement'. The Men in Blue got hold of the prestigious T20 WC trophy for the second time, defeating South Africa by seven runs in Barbados on Saturday. Speaking to ANI, Shukla said that everyone in the country is happy after Men in Blue won the T20 World Cup. The BCCI vice-president gave all the credit to the players and BCCI officials for their success in the marquee event.

Three Olympians stand on their stair-step pedestals, in order of victory. Who’s the most miserable? Second place. Whether an athlete eyeing the gold medalist, or an executive who narrowly lost out on a corner office job, the runner-up’s mental refrain is the same, notes executive coach Brad Stulberg: “I just almost made it." And quickly, “you start to wonder, well, am I ever going to make it?" Call it the curse of the silver medalist.

Michigan University have now got an option of suing the US Government over activities by ICE agents which involved them getting duped of thousands of dollars in tuition fees. This was made possible following a ruling by the US Court of Appeals for the Federal Circuit, who have ruled in favor of the students who had been arrested by ICE agents for studying at University of Farmington in Farmington Hills.

₹3.5-35.0 lakh annually, claims to have several thousand ultra high net-worth individual (UHNWI) memberships in India. "Don't ask us how we get a special confectionery cake from Dubai overnight or how we jump the queue to procure the sought-after Birkin bag or how we can get an extra table put at a Michelin-starred restaurant. That's the trade secret.

₹105 crore. The cloud-based technology venture that converts standard websites into mobile-ready versions, started in 2009 as Mobstac. It had raised its first seed venture capital funding at a valuation of ₹7.7 crore, led by Accel and Mumbai Angels, with Blume Ventures joining in a secondary sale of shares later that year.

Sony Sports.Flower was impressed with Abhishek's maiden century on 7 July against Zimbabwe and gave credit to his IPL performance."He should be confident at the moment coming off such a great IPL and then getting a hundred in his second international match. So what a great start.

Shares of TVS Motor Company Ltd.(up 2.72 per cent), Bajaj Auto Ltd.(up 1.85 per cent), Ashok Leyland Ltd.(up 1.08 per cent), Eicher Motors Ltd.(up 1.02 per cent) and Balkrishna Industries Ltd.(up 0.95 per cent) ended the day as top gainers in the pack.

Quant Small Cap Fund in its June portfolio has increased its stake in Adani Power and HDFC Bank. On the other hand, it decreased its exposure in Life Insurance Corporation Of India and TV18 Broadcast. It made a complete exit from Adani Green Energy in June. The fund added around 45.25 lakh shares of Adani Power taking the total number of shares to 1.10 crore in June from 64.83 lakh in May. Also Read | Quant Mutual Fund investors withdraw Rs 2,800 crore amid Sebi probe: Report

apsaras Rambha and Sambha, carved in wood. Holding the 200 sq. ft room is a Manjit Bawa painting, depicting a cow and a leopard, their tongues out, forming an infinity sign.

atmanirbharta. This would not only help them to pile on runs with bats Made in India, but it would also help put the spotlight on the travails of an industry that is on the brink. Wood from Salix alba caerulea, a species of willow tree that grows in Kashmir, Pakistan Occupied Kashmir and the UK, is used to make cricket bats.

₹1 lakh of paid-up capital at ₹1 per share, with an average pre-money valuation of ₹10 crore now would result in an issue price of ₹1,000 per share, or a premium of ₹999. But this would likely result in angel-tax notice from authorities. The tax department uses a system known as Computer-Aided Selection of Cases For Scrutiny (CASS).

Finnish lawmakers have narrowly approved a controversial bill that will allow border guards to turn away third-country migrants attempting to enter from neighboring Russia and reject their asylum applications

The ownership group that controls the NBA champion Boston Celtics says it intends to sell all its shares of the team

Canada’s second largest airline, WestJet, has canceled more than 400 flights affecting almost 50,000 passengers after the union of maintenance workers announced it has gone on strike

Karnataka Infrastructure Minister MB Patil recently announced plans to convene a meeting soon to determine the location of Bengaluru’s proposed second airport. The decision will primarily consider two key factors: passenger load and connectivity to the existing Kempegowda International Airport (KIA). The exclusivity clause with Bangalore International Airport Limited (BIAL), which restricts the establishment of another airport within a 150-kilometer radius, ends in 2032. This clause will allow the potential development of a new airport by 2033. Considering the time required for land acquisition and compensation for landowners, the government has initiated the planning process early. Patil also addressed the Tamil Nadu government's decision to build an airport in Hosur, stating that it needs to be examined whether the exclusivity clause with BIAL applies to it.

Delta Air Lines has struck a deal with a start-up airline to operate flights between the United States and Saudi Arabia

silver steadied. Gold August futures contracts and silver September futures contracts on Monday opened flat at Rs 72,966 per 10 grams and Rs 93,380/kg respectively. Gold August future contracts at MCX opened flat today at Rs 70,977 per 10 gram, which is down by merely 0.16% or Rs 112 while silver September futures contracts were trading at Rs 88,743/kg, down by 0.44% or Rs 392.

Private equity firm TA Associates Thursday said it has led the acquisition of a significant minority stake in Vastu Housing Finance Corp, a pan-India diversified lending institution. TA Associates bought the stake along with existing investors, including the International Finance Corporation, according to a release. Financial details of the transaction were not disclosed. People familiar with the matter said the investors bought the stake for about ₹3,340 crore ($400 million) and it valued Vastu at ₹10,000 crore. The lender also got about $75 million in primary capital infusion. Founded in 2015 by Sandeep Menon and Sujay Patil, Vastu is backed by Multiples Alternate Asset Management since inception. Other investors include Norwest Venture Partners, Creation Investments, 360 ONE Asset Management and Faering Capital. Vastu has a loan book of about ₹10,000 crore as of FY24-end. It has more than 230 branch locations across 13 states.

Latvia’s financial crimes unit has fined the crypto pay service provider Payeer a “record” $10 million for violating EU sanctions on Russia.