Business updates

Business updates

Campbell Wilson says Air India tenure is highlight of his 30-year aviation career

The tenure of Air India's outgoing CEO Campbell Wilson is marked by wins on the ground and in the air, except India's deadliest plane crash in June last year.>

Tata Steel hits record production in India due to surge in domestic demand

Tata Steel produced 23.48 million tonnes of crude steel in India in FY26 due to ramp-up of the Kalinganagar unit even as a blast furnace was shut in Jamshedpur.>

Air India says CEO Campbell Wilson signalled his intent to resign as early as 2024

Air India—under CEO Campbell Wilson—underwent a massive consolidation but also bore witness to the deadliest plane crash in India's aviation history.>

Godrej Consumer warns of price hikes if crude oil sustains over $100/barrel

Godrej Consumer is now confident to meet its original bottom-line plans for FY27 while stepping up revenue growth even if costs stay at current levels.>

Air India revises fuel-surcharge math as ATF prices double in one month

Air India will transition from flat fees to a distance-based grid for domestic flights and implement sharp increases for international flights from April 8.>

Sona BLW hits major production milestones as EV demand surges

Sona BLW derives nearly 40% of its revenue from its EV business, which makes up nearly 71% of its order book of ₹23,500 crore.>

OpenAI, Anthropic, Google unite to combat AI model copying in China

OpenAI, Anthropic and Google are sharing information through the Frontier Model Forum, an industry non-profit that they founded with Microsoft in 2023.>

RBI Monetary Policy: Status quo on repo rate likely as Iran war weighs on rupee, India's GDP growth

RBI is likely to keep the repo rate at 5.25%, after signalling a long pause at its last monetary policy meeting, though the outlook has clouded due to Iran war.>

Rupee caught in tug-of-war between RBI-led unwinding, Trump's Iran war deadline

Bankers and forex traders believe rupee may have found a near-term equilibrium around the 93/dollar level after extreme uncertainty that pushed it to 95.>

Air India CEO Campbell Wilson said to resign amid turnaround turmoil

Air India Campbell Wilson is currently serving his notice period. It remains unclear whether Tata Group has identified a successor.>

Credits : HTimes