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TRAVEL AGENCY RESTRUCTURING
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
Is Easter Monday a holiday? Are banks, schools and post offices open today?Easter Monday, April 6, 2026, sees most U.S. services operating normally as it's not a federal holiday. Banks, post offices, and government...
189 surprising foods NASA will serve Artemis II astronauts in Space - unique menu revealedArtemis II astronauts will enjoy a diverse 10-day menu featuring items like beef brisket, butternut squash, and mango smoothies. With 189 u...
India Inc revenue to grow 7% this fiscal on GST restructuring, but profit margins may remain flat: CrisilCrisil Intelligence expects India Inc’s revenue to grow 6–7% this fiscal, driven by GST rate cuts boosting consumption, especially in FMCG,...
Booking.com could cut jobs as part of reorganization planOnline travel agency, Booking.com, part of Booking Holdings, is reviewing its organizational structure. The review may lead to job cuts. Th...
Adani Group picks up stake in CleartripThe development comes just months after the group inked a strategic partnership with Walmart-owned Flipkart for a logistics hub and a data ...
Crisil fears large companies will benefit from RBI sops for contact-intensive sectorsEarlier in the day, the RBI relaxed the eligibility criteria for the restructuring window offered under the Resolution Framework 2.0 to Rs ...
Ind-Ra says its rated securitised transactions can sustain Jun quarter with 50% collectionsThe rating agency has not seen a material impact in the performance of the majority of its rated securitised transactions during September ...
Majority of SMEs qualify for restructuring says CrisilLast fiscal, a third of these SMEs had cushioned their liquidity by availing of the RBI mandated six month moratorium on bank loans. Later ...
Crisil says half of its rated mid-sized cos eligible for loan recast under new guidelinesCompanies with relatively weaker credit profiles, and part of low-resilience sectors are expected to benefit more from the scheme, Crisil s...
Punjab govt to recruit 50,000 people till March 31; Cabinet gives nod to restructuring 10 deptsKickstarting the process of recruitment to 50,000 government posts during the current fiscal, the Punjab Cabinet on Wednesday approved rest...
Five to eight percent of overall loans will get restructured under new framework, says IcraThe RBI has operationalised guidelines based on K V Kamath-led panel's recommendations, which give relief to 26 listed sectors affected by ...
More than Rs 10 lakh crore loans may avail restructuring benefit: BankersFinance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 related str...
IIFCL to fund iconic but ‘unviable’ projectsThe finance ministry is set to revamp the operations of India Infrastructure Finance Company (IIFCL) with the government tasking it with fu...
Kingfisher Airlines' defaults: Travel cos like MakeMyTrip, Yatra, IRCTC pay refunds to passengersWhile most travel firms were not willing to disclose the figure, a person familiar with the matter said the refunds amounted to several cro...
- Moser Baer Solar enters CDR cell
India's solar power ambitions may get a jolt with the first major company in the industry Moser Baer Solar headed to the corporate debt res...
- Mexicana airlines ceases flights after bankruptcy
Mexicana airlines shut down all flights on Saturday, marking at least a temporary disappearance from the skies of one of the world's oldest...
- Lufthansa sacks staff, closes four city offices in India
The Lufthansa Group currently employs more than 2,000 employees and has a history of 50 years in India. World's busiest airports | World's ...
- Rail Europe gears up to woo Indians
The company expects 80,000 Indians this year and is targeting $10m from its India targeted operations.