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Air India Group on Friday announced several management changes amid the merger of the airline with Vistara, scheduled on November 12.

Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu and his allies celebrated Donald Trump’s win, assuming the former president’s return to the White House will bring it with the kind of support for Netanyahu’s policies that characterized Trump’s first term in office. But this time around, things are different.

Subscribe to enjoy similar stories. The Indian tea story is dominated by the colonial creation of the plantation industry and the birth of the commodity tea industry that puts India in the top 2 of global tea producers. The more interesting stories, however, are of the lesser-known teas and tea cultures with no colonial ties at all.

Subscribe to enjoy similar stories. China’s top legislative body gave its green light for local governments to swap some of their mounting off-balance-sheet debts but stopped short of new fiscal stimulus measures to revive the struggling economy.

Tata-backed Indian Hotels Company (IHCL) announced a profit of Rs 583 crore for the second quarter of the fiscal year, marking a 226% year-on-year (YoY) increase. IHCL also reported revenues of Rs 1,826 crore for the quarter, a 27.4% YoY rise. Puneet Chhatwal, MD & CEO, IHCL, talks to ET Now about what is making the hospitality sector and especially, IHCL succeed while the rest of the consumption sector industries are slowing down. Chhatwal also says that Q3 is always the strongest quarter, followed by Q4. As the sector is making money in Q1 and Q2, Q3, and Q4 are coming as a bumper on top. So the sector is doing well and Indian Hotels is very well positioned to take advantage of the possible tailwinds. On growth spurt in H2 Puneet Chhatwal: We have to look at quarter one and quarter two together. We are very much within our guidance which we said we will do a double-digit top line growth. And if you look at the first half, we are at 11% top line and that is my belief that demand will continue to outpace supply. And as India grows, as India's GDP grows, as India from number five becomes number three economy, it is just the beginning of a long journey for the hospitality sector. Within that, if we are India's largest hospitality ecosystem, we will stand to benefit.

Subscribe to enjoy similar stories. With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing. Whether it sticks the landing could shape exactly what kind of economy Donald Trump inherits.

Subscribe to enjoy similar stories. AHMEDABAD, India—Gautam Adani, the billionaire founder of one of India’s biggest business conglomerates, lies at the intersection of the country’s clean energy challenge to China. Adani Group, which built its energy empire on coal, is setting up an entire solar supply chain starting with indigenous manufacturing of ingots, wafers, cells and panels, and soon polysilicon.

WASHINGTON — Below is the statement the Federal Reserve released Thursday after its latest policy meeting ended:

Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network services

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

Donald Trump.

The Fed's move marked a slight departure from the much larger cut that took place in September, when the Federal Open Market Committee (FOMC) slashed rates by 50bps. In a meeting on Thursday (7 November), the FOMC took notice of recent indicators suggesting US economic activity has continued to grow «at a solid pace». «Since earlier this year, labour market conditions have generally eased, and the unemployment rate has moved up, but remains low,» the FOMC noted. In October alone, the US economy added only 12,000 jobs, significantly below the downwardly-revised 223,000 jobs created a m...

Stocks that rallied over 10% included, Adroit Infotech (PP)(14.32%), Aksh Optifibre(12.23%), Sayaji Hotels(11.84%), Trans Freight(11.73%), Shiva Texyarn(10.82%), Reliance Chemo(10.08%) and BKV Industries(10.00%).

Unimark Business Solutions Private Ltd, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday. Proceeds from the fresh issue worth Rs 330 crore will be used for setting up a new plant of 1,200 TPD (tonnes per day) in Madhya Pradesh, Rs 85 crore for payment of debt and the rest towards general corporate purposes.

HDFC Asset Management Company Ltd. traded 0.6 per cent up at Rs 4488.80 at around 11:28AM (IST) on Friday. The stock had closed at Rs 4516.30 in the previous session. Equity benchmark Sensex traded 93.3 points at 79448.49 around the same time.

Trent have fallen by 10% in the last 2 trading sessions to a low of Rs 6,270 on the BSE after the company on Thursday reported that its September quarter standalone profit rose 46% year-on-year (YoY) to Rs 423.44 crore, higher than ET Now poll estimate of Rs 414 crore. Trent's Q2 revenue rose 39.6% YoY to Rs 4,035.56 crore but was below the estimate of Rs 4,320 crore.

The assets of Alex Jones' Infowars are set to be auctioned off next week, and both supporters and detractors of the conspiracy theorist are expressing interest in bidding

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy

President-elect Donald Trump has not said what he would do on student loan forgiveness, leaving millions of borrowers facing uncertainty over what will happen with their payments once President Joe Biden leaves office

Asian shares have advanced after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy

Amazon workers in Alabama will have the opportunity decide whether to unionize for the third time in three years