Logo

Logo

Business

Number of liquidations going down under IBC: IBBI chief

The Insolvency and Bankruptcy Board of India (IBBI) in its latest newsletter said that over the years since the introduction of the Insolvency and Bankruptcy Code (IBC), more companies are getting resolved, and the number of liquidations is going down.

Indian companies to clock 7-8% growth during March quarter: ICRA

Indian companies are likely to clock 7-8% revenue growth during the March quarter of the current fiscal year, domestic rating agency ICRA said on Monday. It highlighted that the growth will be led by revival in rural demand and uptick in government spending.

Vistara increases flights to Frankfurt, Paris

Starting from Thursday, Vistara has increased frequencies to Frankfurt and Paris, with six new weekly flights between Delhi and the German city, and five between Delhi and the French capital.

Drone player Garuda Aerospace raises $5 mn

City-based drone-as-a-service company Garuda Aerospace said that has raised $5 million from a large infrastructure development company, high-net-worth individuals, and angel investors.