With the collapse of Jet Airways, Indigo reported its highest ever quarterly profit in Q1FY20. A sharp improvement in cargo performance and healthy growth in revenue from passengers led to a 43 fold jump in net profit which was also…
The result on Friday was a disaster. Now, of course, the question is whether the market will see this attempt to clear out the books as something positive. If you take the provisions out, then the bank has a decent…
HCL Technologies won a $1.3 billion contract last week from Xerox. This deal will generate $1.3 billion for HCL Tech over a period of 7 years. It will further strengthen their 10 year long relationship with Xerox Corp. In the…
AIRLINE STOCKS IN DEMAND The whole aviation space is in some tizzy. Jet is getting into ever deeper waters with every passing day. The way it is going, it may soon be SBI Airlines! Pilots are threatening to move out,…