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IndiaTV Business: Google News Feed: Digest for April 21, 2023

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Business news: A significant price reduction in subscription tiers in India has helped Netflix grow engagement in the country by nearly 30 per cent (year on year) in the first quarter of 2023, the streaming giant has announced. Over time, Netflix has adapted our prices to meet local needs and to further deepen its penetration, it lowered prices in India by 20-60 per cent in December 2021.
Noida: In a big boost to India's increasing capabilities as a manufacturing hub, the country's second semiconductor plant is likely to be set in Uttar Pradesh, media reports have said.
Meta layoffs: Meta is set to begin yet another round of mass layoffs across Facebook, Instagram and WhatsApp as the company move forward towards Mark Zuckerberg's goal of achieving greater efficiency.
Mumbai: Benchmark indices Sensex and Nifty declined for a third day on Wednesday dragged by selling in IT and select banking shares amid weak global trends and FII outflows. The 30-share BSE Sensex closed lower by 159.21 points or 0.27 per cent at 59,567.80 as 21 of its components ended in the red. During the day, the index fell 274.29 points or 0.45 per cent to 59,452.72.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.
Noida: In a big boost to India's increasing capabilities as a manufacturing hub, the country's second semiconductor plant is likely to be set in Uttar Pradesh, media reports have said.
Meta layoffs: Meta is set to begin yet another round of mass layoffs across Facebook, Instagram and WhatsApp as the company move forward towards Mark Zuckerberg's goal of achieving greater efficiency.
Mumbai: Benchmark indices Sensex and Nifty declined for a third day on Wednesday dragged by selling in IT and select banking shares amid weak global trends and FII outflows. The 30-share BSE Sensex closed lower by 159.21 points or 0.27 per cent at 59,567.80 as 21 of its components ended in the red. During the day, the index fell 274.29 points or 0.45 per cent to 59,452.72.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.

Most of strike-hit Blinkit stores resume operations: Zomato

Thursday 20 April 2023 06:10 AM UTC+00
According to a regulatory filing by Zomato, most of the stores of quick commerce player Blinkit resumed operations days after being affected by strike of delivery partners.
Meta layoffs: Meta is set to begin yet another round of mass layoffs across Facebook, Instagram and WhatsApp as the company move forward towards Mark Zuckerberg's goal of achieving greater efficiency.
Mumbai: Benchmark indices Sensex and Nifty declined for a third day on Wednesday dragged by selling in IT and select banking shares amid weak global trends and FII outflows. The 30-share BSE Sensex closed lower by 159.21 points or 0.27 per cent at 59,567.80 as 21 of its components ended in the red. During the day, the index fell 274.29 points or 0.45 per cent to 59,452.72.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.

Most of strike-hit Blinkit stores resume operations: Zomato

Thursday 20 April 2023 06:10 AM UTC+00
According to a regulatory filing by Zomato, most of the stores of quick commerce player Blinkit resumed operations days after being affected by strike of delivery partners.
Tesla Business news: Tesla's operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total revenue grew 24 per cent (year-on-year) in Q1 to $23.3 billion owing to price cuts.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.

Most of strike-hit Blinkit stores resume operations: Zomato

Thursday 20 April 2023 06:10 AM UTC+00
According to a regulatory filing by Zomato, most of the stores of quick commerce player Blinkit resumed operations days after being affected by strike of delivery partners.
Tesla Business news: Tesla's operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total revenue grew 24 per cent (year-on-year) in Q1 to $23.3 billion owing to price cuts.
Bonus Stock: Hardwyn India shares are in focus ever since the company announced that the board will consider sub-division of equity shares at the next scheduled meet. The multibagger stock has now informed exchanges that its board could also announce bonus issuance. If New Delhi based company declares bonus, this would be second such corporate action within a year.
LPG Revolution: A record 17 crore new LPG connections helped double the cooking gas consumer base to 31.26 crore in the last 9 years, ushering in clean fuel in millions of households across the country, official data showed on Thursday.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.

Most of strike-hit Blinkit stores resume operations: Zomato

Thursday 20 April 2023 06:10 AM UTC+00
According to a regulatory filing by Zomato, most of the stores of quick commerce player Blinkit resumed operations days after being affected by strike of delivery partners.
Tesla Business news: Tesla's operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total revenue grew 24 per cent (year-on-year) in Q1 to $23.3 billion owing to price cuts.
Bonus Stock: Hardwyn India shares are in focus ever since the company announced that the board will consider sub-division of equity shares at the next scheduled meet. The multibagger stock has now informed exchanges that its board could also announce bonus issuance. If New Delhi based company declares bonus, this would be second such corporate action within a year.
LPG Revolution: A record 17 crore new LPG connections helped double the cooking gas consumer base to 31.26 crore in the last 9 years, ushering in clean fuel in millions of households across the country, official data showed on Thursday.
Apple CEO Tim Cook on Wednesday met Prime Minister Narendra Modi in New Delhi and said that they are committed to investing in India.
Mumbai: Pilot bodies at Tata Group-owned Air India have asked their members not to accept or sign revised terms and conditions days after the management came out with a revamped compensation structure for its flight and cockpit crew, as per a joint communication of the two unions. According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.
The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
New Delhi: The Directorate General of Civil Aviation (DGCA) informed that the domestic air passenger traffic registered an annual growth of 51.70 per cent during January - March 2023. The monthly passenger growth was also 21.41 per cent. During the same period, domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year.
Air India-Vistara merger: In order to complete the deal to merge its full-service carriers Vistara and Air India, Tata Group has sought approval from the fair-trade regulator Competition Commission of India (CCI). 
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and discussed how to further boost local manufacturing and iPhone exports.

Most of strike-hit Blinkit stores resume operations: Zomato

Thursday 20 April 2023 06:10 AM UTC+00
According to a regulatory filing by Zomato, most of the stores of quick commerce player Blinkit resumed operations days after being affected by strike of delivery partners.
Tesla Business news: Tesla's operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total revenue grew 24 per cent (year-on-year) in Q1 to $23.3 billion owing to price cuts.
Bonus Stock: Hardwyn India shares are in focus ever since the company announced that the board will consider sub-division of equity shares at the next scheduled meet. The multibagger stock has now informed exchanges that its board could also announce bonus issuance. If New Delhi based company declares bonus, this would be second such corporate action within a year.
LPG Revolution: A record 17 crore new LPG connections helped double the cooking gas consumer base to 31.26 crore in the last 9 years, ushering in clean fuel in millions of households across the country, official data showed on Thursday.
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