Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker benefits from surging demand for long-distance travel and the crisis engulfing arch-rival Boeing Co.The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as …
Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Kotak Institutional Equities on Dr Lal PathLabs: …
A total of 120 flights (domestic and international) were delayed on account of dense fog last Wednesday. Additionally, a total of 53 flights (including domestic & international) were cancelled because of fog and other operational reasons. The repercussions of the spate of flight cancellations and delays have been quite unpredictable and unsavoury in the past …
The family of IndiGo co-founder Rakesh Gangwal has sold partial stake in the budget carrier through bulk deals on Wednesday. Sobha Gangwal, wife of Rakesh Gangwal, has offloaded 1.15 crore shares or 2.99% stake in the company at a weighted average price of Rs 2,426, which is about 5% discount from Monday’s close. Through the …