‘Domestic will remain very much the core of what IndiGo is.’‘But the emphasis in our next growth phase is going to be on the international side.’ IndiGo is mapping out plans for expansion and investment in digital areas. The airline’s chief executive officer, Pieter Elbers, shared his vision in a conversation with Business Standard‘s Aneesh Phadnis and Deepak Patel. IndiGo […]

On the first anniversary of Russia’s invasion of Ukraine, the United States announced a new range of sanctions targeting Russia’s key sectors, holding it accountable for its war of aggression. In coordination with G7 partners and allies, the Departments of the Treasury and State will implement sweeping sanctions against key revenue generating sectors in order to further degrade Russia’s economy […]

The crude oil might continue to witness volatility and crude oil futures are gaining 0.13 percent at 75.50. Gold Futures is down 2.4 points or 0.13 percent at 1824.4. During the European session, the U.S. dollar climbed against its major counterparts.There are no major Canadian Economic announcements on Friday. S&P/TSX Composite Index finished at 20,188.19 on Thursday, down 5.14 points […]

Despite gold prices hitting record highs, analysts aren’t gung-ho about the outlook for gold financiers Muthoot Finance and Manappuram Finance. This, they said, was due to intense competition from banks, coupled with stagnating loan books and likely pressure on margins. “The going seems to be tough for gold financiers to achieve gold asset under management (AUM) growth, amid intense competition […]

Marcus Corporation CEO Greg Marcus says he’s encouraged by the recent diversity and consistency of theatrical films and is “not ready to throw in the towel yet” on the notion of box office returning to pre-pandemic levels. Along with one of the top national movie theater circuits, the company also operates a string of hotel properties. Speaking on the company’s […]

Online counseling therapy service BetterHelp reaped $1.02 billion in revenue last year. A portion of that came from the sale of certain customer data to third parties, including Facebook and Snapchat. The company, which is owned by Teladoc Health Inc. (NASDAQ: TDOC), had promised the Federal Trade Commission (FTC) that it would keep such data confidential. Teladoc acquired BetterHelp in […]

EXCLUSIVE: UTA has signed rising star Sinqua Walls for representation in all areas. Walls is so far best known for starring opposite Anna Diop in Nikyatu Jusu’s Nanny, which was picked up for distribution by Amazon Studios and Blumhouse after becoming the first horror film to win Sundance’s Grand Jury Prize, going on to be named as one of the National […]

Germany’s ifo business confidence indicator climbed for the fourth month in a row in February, underpinned by stronger expectations, suggesting the resilience of the biggest euro area economy that may indeed avoid a modest recession. The ifo business confidence index rose to an eight-month high of 91.1 from 90.1 in January, survey data from the Munich-based ifo institute showed Wednesday. […]

After failing to sustain an initial move to the upside, stocks have turned lower over the course of morning trading on Wednesday. The major averages have pulled back well off their highs of the session and into negative territory. Currently, the major averages are posting modest losses. The Dow is down 53.66 points or 0.2 percent at 33,075.93, the Nasdaq […]