Trump, tremors and tests: Mystery of Pak nukes deepens

Moody's has raised the credit rating for Bharti Airtel, a notable recognition of the company's robust financial improvements. As its market presence expands, competition is becoming less intense, while a favorable regulatory climate paves the way for growth. This upgrade underscores Bharti Airtel's commendable market stance and sound financial health, setting the stage for future achievements.

Tata Power is setting the wheels in motion for a significant pumped hydro storage venture in Shirawta, Pune, with a staggering investment of 11,000 crore rupees. Construction kicks off in July, anticipated to span five years. The financial blueprint follows a 70-30 debt-to-equity structure.

In a strategic pivot, LG Electronics is evaluating the potential relocation of a portion of its factory equipment production to India, reflecting a positive outlook on the country's burgeoning electronics sector. Meanwhile, LG Corp has announced the upcoming establishment of a global research and development hub in Noida, projected to generate around 500 new employment opportunities.

Global hotel chain also plans forays into branded residences and stadium hotels

In a bold move, Bharti Airtel has announced plans to appeal for a reassessment of its Adjusted Gross Revenue obligations to the government. This request comes on the heels of the Supreme Court's recent ruling favoring Vodafone Idea, opening the door for similar reviews.

Pilots' group ALPA India is pushing the DGCA to fully implement new flight duty rules. They say selective relaxations benefit airlines over pilot safety. The new norms offer more rest time. Some clauses are already in effect, with others planned for November 1. Pilots are directly impacted by fatigue concerns.

"The company was formed in a hurry with the idea of starting operations quickly, while branding the institution was not an immediate priority," said one of the persons cited above. "However, over the last few months, the government is keen to rename it to reflect the work undertaken by them," the person added. NaBFID was established under the National Bank for Financing Infrastructure and Development Act, 2021, and is 100% owned by the government.