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IndiaTV Business: Google News Feed: Digest for April 11, 2024

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The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
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