Top Seven Business And Market Stories Of The Day You Can’t Miss — Sept 4

Valuing Raymond Lifestyle: Wedding, Ethnic Business To Drive Value Creation Upon Listing

The consumer lifestyle business gets nearly 36% of its revenue from the segment.

A Raymond store. (Source: Company website)

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Services PMI Rises To 60.9 In August, Charge Inflation Recedes

At 60.7, the HSBC India Composite Output Index matched July's reading and, therefore, remained comfortably above its long-run average of 54.6.

(Source: Freepik)

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SpiceJet's Ajay Singh Plans To Offload 10% Stake In Rs 3,000-Crore QIP

SpiceJet will conduct roadshows in Mumbai, Hong Kong and Singapore to woo institutional investors for the QIP.

A SpiceJet aircraft (Photo: NDTV Profit)

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FAME-III Rollout In A Couple Of Months Time, Says Minister HD Kumaraswamy

There are still some challenges for FAME-III, Union Minister HD Kumaraswamy says, and there are learnings from the FAME-I and FAME-II schemes.

Union Heavy Industries Minister HD Kumaraswamy. (Photo: @hd_kumaraswamy/x)

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IndiGo Enhances Safety Measures For Flights To Kathmandu

The company has launched Required Navigation Performance Authorization Required, enabling the pilots to navigate the complex terrain surrounding Kathmandu Valley with precision.

IndiGo airplane on tarmac. (Source: Vijay Sartape/ NDTV Profit).

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Air India Starts Construction Of Maintenance, Repair, And Overhaul Facility In Bengaluru

The MRO will feature a mega hangar to accommodate wide-body and narrow-body aircraft under a single roof for base maintenance.

Air India commences construction of mega MRO facility in Bengaluru (Source: Company)

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McDonald's India Launches Multi-Millet Bun Across Western and Southern Regions

Franchisee operator Westlife Foodworld Ltd. is expecting a much better second half, on the back of higher footfalls and orders during the festive season.

(Source: Maitri Seth/NDTV Profit)

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