International Financial News
20.03 / 11:09
markets
COST
Aviat
Airlines
Research
reports
International
IndiGo’s steep valuation premium to global peers could clip the stock’s wings
Subscribe to enjoy similar stories. The Interglobe Aviation Ltd stock (IndiGo) soared to a 52-week high of ₹5,190 on Thursday, reacting to the management’s upbeat commentary and growth plans at its analyst day. Among the key highlights was that the air travel boom led by the Mahakumbh gathering and an extended wedding season could give a big boost to its profit in the March quarter (Q4FY25).
20.03 / 09:31
UPS
Google
CEO
security
Inside
Videos
International
Sundar Pichai on Google's massive $32 billion Wiz deal: 'We don't make deals like this...'
This is the company's largest acquisition in its history. Google CEO Sundar Pichai and Google Cloud CEO Thomas Kurian reached out to employees telling them «why, and why now» in internal memos, as per Business Insider. An email was sent to Google staff on Tuesday in which the tech giant's top bosses explained why the company plans to spend $32 billion to acquire the cybersecurity startup, which marked the year's biggest deal so far — and the biggest deal of all time for Alphabet. ALSO READ: Trump's big crackdown on University of Pennsylvania over trans athlete policy: Story in 10 points
20.03 / 09:31
Provident
Citizens
Aware
Strategy
country
information
International
Government didn't participate in any exercise related to Corruption Perception Index: Centre in RS
government of India did not participate in any exercise related to the Corruption Perception Index, and took various measures to combat graft in pursuance of its commitment to "zero tolerance against corruption", the Rajya Sabha was informed on Thursday. The assertion came in response to a question whether the «government is aware that India's score on the Corruption Perceptions Index (CPI) 2024 declined to 38 points, ranking 96th out of 180 countries, as per the Transparency International report», and reasons behind it, among others. In a written reply, Union Minister of State for Personnel Jitendra Singh said, «No such surveys were conducted by any agency at the behest of the government of India.» Further, the government of India did not participate in any such exercise related to the Corruption Perception Index, Singh said. However, the government of India, in pursuance of its commitment to «zero tolerance against corruption», has taken several measures to combat corruption, which include systemic improvements and reforms to provide transparent citizen-friendly services and reduce corruption, the minister said. He cited the disbursement of welfare benefits directly to the citizens under various schemes of the government in a transparent manner through the direct benefit transfer (DBT) mode, implementation of e-tendering in public procurements, introduction of e-governance and simplification of procedures and systems besides the introduction of procurement through the government e-marketplace (GeM), as measures to check corruption.
20.03 / 09:31
markets
Aviat
Airlines
WhatsApp
Traffic
International
Destinations
Dominance of foreign airlines on international routes to benefit Indian carriers: ICRA
ICRA. International air passenger traffic for Indian carriers is projected to grow by 15-20 per cent in FY2025 and FY2026, against domestic air traffic growth of 7-10 per cent per year. This growth is driven by increasing e-visa and visa-on-arrival coverage, along with the Indian government's push for theme-based tourist centres and iconic destinations.
20.03 / 08:37
markets
Airlines
Boeing
show
travelers
Traffic
International
Air India in talks for dozens of new widebody jets from Airbus, Boeing, sources say
Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry sources said, furthering the former state carrier's transformation under new owner Tata Group. The deliberations involve 30 to 40 aircraft split between the Airbus A350 and Boeing 777X models, with one source suggesting the potential deal could exceed 50 jets. Details have not been finalised, the sources added. «Things should become clearer closer to the Paris Air Show (in June),» one of the sources said, asking not to be named.
20.03 / 08:37
COST
Strategy
Sustainability
reports
guidelines
International
Amazon layoffs: 14,000 managerial roles to go in restructuring push | Report
The move represents a 13% reduction in the company’s global management headcount. A Morgan Stanley report estimates that Amazon’s reorganisation could result in the elimination of around 13,834 managerial roles, leading to significant cost efficiencies.
20.03 / 07:45
COST
Arrow
War
reports
prevention
International
A look at Israel's multilayered air defense as military says it shot down missile from Yemen
No injuries were reported. The Houthis said they fired a ballistic missile at Israel's international airport, the second such attack since the United States began a new campaign of airstrikes against the rebels earlier this week. Over the decades, Israel has developed a sophisticated system capable of detecting incoming fire and deploying only if the projectile is headed toward a population center or sensitive military or civilian infrastructure. Israeli leaders say the system isn't 100% guaranteed, but credit it with preventing serious damage and countless casualties. Here's a closer look at Israel's multilayered air-defense system: The Arrow: This system developed with the U.S. is designed to intercept long-range missiles. The Arrow, which operates outside the atmosphere, has been used to intercept long-range missiles launched by the Houthis as well as those launched by Iran during two direct exchanges of fire last year.
20.03 / 07:45
markets
WhatsApp
Research
Experts
Universities
Department
International
RBI appoints Indranil Bhattacharyya as Executive Director
The appointment is effective from March 19. Prior to his promotion as ED, Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI.
20.03 / 07:45
Booking
security
WhatsApp
community
travelers
shock
International
Japan trip on the cards? You might be in a for a little shock after seeing this practice
If you’re planning to visit Japan soon, be prepared to adapt to this unique system, where cleanliness is maintained through personal responsibility and a deep respect for the environment. But why does Japan follow this system?
20.03 / 07:29
markets
Citi
electronic
travelers
Department
Traffic
International
Delhi residents to get AC e-buses to Noida International Airport
Delhi Transport minister Pankaj Kumar Singh said the e-bus service will operate from Sarai Rohilla, Anand Vihar and Kamla Market. However, the frequency and the routes will be decided later, a senior official told TOI. «The buses will not drop passengers at a location near the airport, but will go to the airport terminal,» he added. Currently, Delhi Transport Corporation (DTC) operates bus services to Indira Gandhi International (IGI) Airport. It also maintains bus services between Delhi and Noida across 12 routes, extending to Noida Electronic City. Initially, the buses will be introduced on a trail run to assess daily passenger traffic. More buses will be added after a few months of evaluation. Women can travel for free with ‘pink passes' while men may face a modest fare increase.
20.03 / 06:47
markets
COST
Target
Airlines
International
Destinations
IndiGo soars 8% in 2 days, hits record high. Should you buy, sell or hold?
IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also aims to expand its network by adding 14 new destinations in FY26, further enhancing its domestic and international reach.
20.03 / 06:47
Sustainability
Death
performer
stars
testing
International
cricket
IPL 2025: From Jos Buttler to Virat Kohli, 10 batsmen to watch out this season
Kolkata Knight Riders (KKR) facing Royal Challengers Bengaluru (RCB) at Eden Gardens, Kolkata. The match will begin at 7:30 P.M. IST. With the league entering its 18th season, expectations are high, especially after a record-breaking 2024 edition that saw exceptional batting performances. The mega auction in Jeddah last November has further intensified the competition, with franchises strengthening their squads. Several batsmen are expected to play a crucial role for their teams this season. The ranking is based on three key factors: consistency, recent form, and the ability to influence matches. These players have demonstrated sustained excellence in franchise and international cricket, making them ones to watch in IPL 2025.
20.03 / 06:47
Target
FIVE
Cummins
love
travelers
International
cricket
Virat Kohli targets lucky 18 as 13-year-old set to make IPL history
Virat Kohli will hope to make it 18th time lucky as he embarks this weekend on his latest quest to finally win the Indian Premier League while a 13-year-old could make tournament history. The high-octane T20 competition sees the 10 teams pack 70 league matches into eight weeks before the top four battle for supremacy in the playoffs, culminating in the May 25 final at Kolkata's Eden Gardens. The 36-year-old Kohli, who retired last year from T20 internationals, silenced his critics as India lifted the Champions Trophy this month. But his Royal Challengers Bengaluru (RCB) have never won the IPL, the richest competition in cricket, despite reaching the final in 2009, 2011 and 2016. «It's pretty much come down to just the pure joy, enjoyment, competitive streak and love for the game. And as long as that is there, I will continue to play,» Kohli said this week after speculation about his future.
20.03 / 06:23
Provident
Target
security
innovations
International
Sporting
athletics
Yashaa Global Capital, comprising of Shikhar Dhawan, Ravi Shastri, & AB de Villiers, Secures ADGM approval to launch $75 million Global Sports VC Fund
ADGM, Abu Dhabi’s leading international financial centre. This significant milestone marks the fund’s official establishment in ADGM, positioning Yashaa Global Capital as a catalyst for driving global investments in the rapidly evolving sports sector. The fund, a unique initiative, helmed by General Partners Shikhar Dhawan, Mohammed Sirajuddin, Arif Padaria and Victor Tay, combines a pedigreed investment team with elite athletes. This collaboration leverages their expertise and extensive networks in the sports ecosystem, aiming to provide unparalleled value to portfolio companies through mentorship, strategic partnerships, and growth opportunities. Previously known as Da One Global Ventures, the fund has been rebranded to reflect its global ambitions and sharpened focus on innovation and wealth generation. Headquartered in Abu Dhabi, Yashaa Global Capital has a targeted $75M corpus (including a $25M greenshoe option), and is set to deploy capital globally across SportsTech, Fitness & Wellness, Esports & Gaming, MediaTech, Leagues & Teams. Leveraging ADGM’s status as a premier financial hub, the athlete-backed fund bridges global investors, startups, and sports entrepreneurs, fostering innovation and scalability. Its unique network ensures that its portfolio companies gain strategic insights and connections, delivering exceptional value to all stakeholders.
20.03 / 06:13
markets
Strategy
Trade
President
War
country
International
Canada can beat Trump’s tariffs by waiting them out
Subscribe to enjoy similar stories. It’s natural for Canada to respond to the barrage of U.S. tariffs by threatening retaliation.
20.03 / 04:25
Booking
WhatsApp
Boxing
wellness
International
SRH Match Tickets IPL 2025: Full home schedule for Sunrisers Hyderabad and ticket prices for Rajiv Gandhi International Stadium
Rajiv Gandhi International Stadium in Hyderabad on March 23. The franchise has released tickets for the first two matches against Rajasthan Royals and Lucknow Super Giants, which will be played on March 27. Tickets for matches played at Hyderabad are available on District app and website. The price of the tickets range from Rs 2,750 to Rs 30,000.
20.03 / 04:01
Provident
security
President
Freedom
Doge
Department
International
Trump officials circulate plan that would overhaul USAID
Subscribe to enjoy similar stories. The Trump administration is crafting plans to reorganize the U.S. Agency for International Development, which had been dismantled by Elon Musk’s Department of Government Efficiency, according to a memo detailing the plans.
20.03 / 02:57
Hyundai
Opinion
Moodys
information
reports
recommendations
International
IndusInd Bank shares in focus as Crisil, CARE hold off on ratings watch
IndusInd Bank shares will be in focus on Thursday after rating agency Crisil refrained from placing the private lender on ratings watch, stating that the full extent of discrepancies in the bank’s derivatives portfolio will only be known once an external agency submits its findings. Crisil noted that these discrepancies are likely to have a one-time impact on the bank’s financials but added that IndusInd’s pre-provisioning operating profitability and capital adequacy remain strong enough to absorb the impact.
20.03 / 02:39
BLOCK
Digital
Reddit
performer
guidelines
Features
International
Company forces employees to add managers to iPhone 'Emergency Bypass' list. Netizens tell worker: 'Call them at 3:00 am, ask if they'd hire a worm'
A digital snapshot of an internal email from the company was circulated by an employee, revealing detailed guidelines on how staff members should configure their devices to receive notifications of calls and messages from their supervisors at all times. One of the initial directives instructed employees to enable the ‘Emergency Bypass’ feature on their iPhones for their managers. This functionality ensures that incoming calls and messages from selected contacts will bypass silent mode, allowing them to be received regardless of the phone’s current settings.
20.03 / 02:39
Google
Celebrity
gatherings
International
Google celebrates Nowruz with a special Doodle
Google is celebrating this year's Nowruz, the Persian New Year, with a special Doodle illustrated by guest artist Pendar Yousefi. The festival is being observed on March 20, precisely at 2:31 pm IST, which coincides with the spring equinox. The festival, which marks the beginning of the new year in the Persian calendar, has been observed for over 3,000 years. Nowruz means «new day» in Persian. The day has its roots in Zoroastrianism and ancient Persian culture. The festival symbolizes renewal, rebirth, and the triumph of light over darkness. The day signifies new beginnings and families gather to observe cultural festivities. In 2010, UNESCO added Nowruz to its Representative List of the Intangible Cultural Heritage of Humanity, and the United Nations recognises March 21 as International Nowruz Day. On this day, about 300 million people across Iran, Central Asia, Afghanistan, Azerbaijan, the Caucasus, Turkey, and parts of South Asia celebrate withe festival. Google, in its description of the Doodle, explained that central to Nowruz traditions is the haft-sin table, a display of seven symbolic items each beginning with the Persian letter 'sin. These include sprouts for rebirth, wheat pudding for strength, olives for love, berries for the sunrise, vinegar for patience, apples for beauty, and garlic for health.
20.03 / 02:39
COST
UPS
Sustainability
Hyundai
International
Hyundai Motor shares in focus as company announces up to 3% price hike from April
Hyundai Motor India shares will be in focus on Thursday after the company announced a price hike of up to 3% across its models from April 2025, citing rising raw material and operational costs. The price hike will vary depending on the model, the company said. This is Hyundai's second price hike since its initial public offering (IPO) in October. It raised prices by up to Rs 25,000 across models in December.
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