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Air India leases its first A350 aircraft via GIFT city The first of Air India’s six Airbus A350-900 plane is expected to arrive in India by the end of this year, with the rest of deliveries scheduled through March 2024.

Healthcare platform Clinikally raises $2.6 million Clinikally will use the funds to build out the platform strengthen tele-health technology and upgrade omnichannel capabilities with offline clinic collaborations

Jalan-Kalrock infuses another ₹100 crore into Jet Airways The consortium said it aims to have the defunct airline up and running in 2024

Hindustan Zinc shares surge on corporate rejig plan; to create separate entities for zinc, lead, silver, recycling biz The Board of Directors of Hindustan Zinc have decided that considering the scale, nature, and potential opportunities for various business verticals of the company, it should...

Zee-Sony merger: Deal completion expected to take a few more months Zee-Sony merger faces further delays; the deal is expected to close in the coming months.

MEIL bags $648 mn contract for refinery project in Mongolia Upon completion, the refinery is expected to produce 1.5 million tonnes of crude oil annually, catering to Mongolia’s domestic demand for gasoline, diesel, aviation fuel, and LPG.

Vedanta Biz Restructuring: Vedanta to demerge biz into six listed entities; check shareholding pattern, other details Vedanta Demerger: The demerger of the metals-to-mining conglomerate is planned to be a vertical split. Shareholders of Vedanta will get one share each of the five newly listed...

TCS ends hybrid mode of working, asks employees to attend office 5 days a week from 1 Oct Currently, TCS employees are attending the office for three days a week but the the company ended the hybrid work model in an internal communication

Indian Oil board approves joint ventures for compressed biogas plants IOCL approved joint ventures with EverEnviro Resource Management Pvt Ltd and GPS Renewables Pvt Ltd for setting up compressed biogas plants

Bharti-backed Eutelsat Group lists on London Stock Exchange This comes a day after the latter completed its merger move with UK-headquartered satellite operator OneWeb in which domestic conglomerate Bharti Enterprises is a stakeholder

Air India Express takes delivery of its first B737 aircraft The Boeing 737-8 aircraft promises a 20% reduction in fuel use and emissions, a 50% reduction in noise pollution compared to older models, and up to 14% lower airframe maintenance costs

Juniper Hotels files DRHP with Sebi for ₹1800 crore IPO The company is co-owned by Saraf Hotels Limited and Two Seas Holdings Limited, an affiliate of global hospitality company Hyatt Hotels Corporation

Vedanta's aluminum, steel, oil businesses may be listed separately; demerger announcement soon: Report Vedanta Ltd, owned by Anil Agarwal, may list its businesses separately on the stock market to manage its debt.

Infosys to start 2023 appraisal cycle as employees still await previous pending hike: Report Infosys to begin new appraisal cycle this week, employees still waiting for previous performance cycle hikes.

ICICI Lombard gets show-cause notice for non-payment of ₹1,728.80 crore in GST In August, too, ICICI Lombard had received a notice for non-payment of ₹273.4 crore in taxes along with interest.

P&G India announces ₹300 crore fund to partner supply chain startups The fund is part of P&G India’s ‘vGROW’ programme, initiated six years ago. To date, investments totalling ₹1,800 crore have been committed via the programme.

Ashwin Dani, non-executive director of Asian Paints, passes away at 81 Apart from business, Ashwin was also a yoga practitioner and had interest in collecting art.

Times Internet picks up BCCI media rights for key international markets This will enable Times Internet to distribute 88 bilateral cricket matches between India and other countries over the next five years through Willow TV and Cricbuzz

Third Wave Coffee raises $35 million in Series C round Creaegis led the round for the quick-service coffee and food brand, with participation from existing investor WestBridge Capital

Building India's appetite for paints and yoga: Ashwin Dani Asian Paints was co-founded by Dani's father in 1942 with three other partners