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SpiceJet Q4 results: PAT upsurge 174% y-o-y to ₹324.87 crore; posts first annual profit in seven years

SpiceJet Q4 results: PAT upsurge 174% y-o-y to ₹324.87 crore; posts first annual profit in seven years

SpiceJet on Saturday reported a nearly three-fold jump in its standalone net profit for the fourth quarter of FY25. The budget carrier reported a standalone net profit of ₹324.87 crore in the March 2025 quarter, a 174% rise from ₹118.9 crore in the corresponding quarter of the previous fiscal. The company's operating revenue declined 16% y-o-y to ₹1,446.37 crore from ₹1,719.37 crore in the fourth quarter of FY25. SpiceJet achieved a passenger load factor (PLF) of 88.1% in Q4FY25, while revenue per available seat kilometre (RASK) stood at ₹5.33 during the quarter. SpiceJet FY25 Results For the full financial year…
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SATYA MicroCapital’s collateral-free loans uplift rural women entrepreneurs in Assam

SATYA MicroCapital’s collateral-free loans uplift rural women entrepreneurs in Assam

SATYA MicroCapital Limited, a leading microfinance institution in India, is driving financial inclusion for rural women in Assam through its collateral-free loan model. The company has supported over 1.6 million women across rural and semi-urban India, enabling them to start small businesses and achieve financial independence. In Biswanath, Sumitra Devi, once a homemaker, became an entrepreneur with a ₹40,000 loan from SATYA. Unable to access formal credit due to lack of collateral, Sumitra launched a tailoring business from her home. With steady repayments, she qualified for higher loans, expanded her inventory, and now earns about ₹1,100 per day. She has…
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Škoda Auto gears up for landmark 2025 with bold India growth strategy

Škoda Auto gears up for landmark 2025 with bold India growth strategy

Škoda Auto India has unveiled a comprehensive roadmap to strengthen its presence in the Indian automotive sector, targeting 2025 as its “biggest year” yet. Celebrating 130 years globally and 25 years in India, the company aims to accelerate growth through a robust product lineup, rapid network expansion, and enhanced customer engagement. Brand Director Ashish Gupta emphasized India’s strategic importance, stating, “India is the most important growth market for Škoda Auto outside Europe. With clarity of vision and agility in execution, 2025 will mark a major leap for us in India.” Škoda’s aggressive product strategy includes expanding its SUV portfolio —…
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Photos from Hailee Steinfeld and Josh Allen’s wedding have gone popular online

Photos from Hailee Steinfeld and Josh Allen’s wedding have gone popular online

NFL quarterback Josh Allen and Sinners star Hailee Steinfeld wedded vows in a lovely wedding in California. Fans have been raving about the couple's chemistry and Hailee's bridesmaid appearance in their adorable wedding pictures. Josh couldn't take his hands off his bride, and Hailee looked lovely in a white wedding gown in pictures posted by wedding photographer Jose Villa. The newlyweds are shown going hand in hand down the aisle while guests applaud them in one photo, while another shows the couple raising a champagne toast. Hailee adds to the day's fairytale magic by giving Josh a tender peck on…
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Tokyo Trials Robot Staff in Convenience Stores Amid Labour Shortage

Tokyo Trials Robot Staff in Convenience Stores Amid Labour Shortage

Tokyo has begun deploying humanoid robots in 20 of its convenience stores as part of a trial to combat the country’s deepening labor shortage. The robots, built by Japanese tech firm Telexistence, can stock shelves, answer customer questions, and even perform security checks. Store managers say the bots work three times faster than humans and can operate round the clock. “We’re not replacing workers; we’re filling gaps no one wants to work,” said a FamilyMart spokesperson. India’s retail tech sector is watching closely, especially large urban stores in metros like Bengaluru and Mumbai, where staffing remains a challenge. Discussions around…
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US to Curb Microchip Exports to China Amid Rising Tensions

US to Curb Microchip Exports to China Amid Rising Tensions

The Biden administration is moving to further restrict the export of advanced AI and semiconductor chips to China, citing concerns over national security and military use. The new rules target Nvidia and AMD’s top-tier chips used in large-scale computing and defense-related AI systems. Commerce Secretary Gina Raimondo stated, “We must safeguard American innovation from being misused.” The move is expected to escalate trade tensions between the two nations, which are already locked in disputes over tech and cybersecurity. India, which recently launched a semiconductor mission, is being courted by both US and Chinese firms as a neutral ground for production…
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Pakistani climber upsets Sikkim’s religious beliefs

Pakistani climber upsets Sikkim’s religious beliefs

The Sikkim Bhutia Lepcha Apex Committee (SIBLAC) has raised serious concerns over the ascent of Mount Khangchendzonga by Pakistani climber Naila Kiani, calling it a violation of the sacred mountain and a potential threat to national security. Speaking to the media, SIBLAC General Secretary Sangay Gyatso Bhutia described the May 23 summit as “deeply disrespectful” to the religious sentiments of the indigenous people of Sikkim. “Khangchendzonga is our guardian deity. It is not just a peak — it is sacred. Traditionally, climbers avoid stepping on the actual summit out of respect. This act has hurt our beliefs,” Bhutia said. He…
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ISUZU launches nationwide Monsoon Service Camp from June 16–21

ISUZU launches nationwide Monsoon Service Camp from June 16–21

Isuzu Motors India has announced its nationwide ‘ISUZU I-Care Monsoon Service Camp’, scheduled from June 16 to 21, 2025. The initiative will cover the entire range of ISUZU D-MAX Pick-ups and SUVs, offering preventive maintenance and attractive service benefits across all authorised dealer outlets in India. As part of its ISUZU Care programme, the Monsoon Camp aims to ensure a safe and hassle-free driving experience for customers. The camp will be held at ISUZU’s extensive network of service facilities in over 75 locations, including major cities such as Chennai, Hyderabad, Kolkata, and Delhi. As local ISUZU owners prepare their vehicles…
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IFL Enterprises Launches ₹49.14 Crore Rights Issue

IFL Enterprises Launches ₹49.14 Crore Rights Issue

The Rs. 49.14 crore Rights Issue of IFL Enterprises Limited (BSE – 540377), has engaged in the agri commodity business including import, export and trading of agri commodities, will open for subscription on June 19, 2025 and remain open till June 30, 2025. The Rights Issue is attractively priced at Rs. 1 per share, offering existing shareholders an opportunity to increase their equity in the company. Board of directors in the meeting held on June 9 2025 considered and approved the rights issue. Earlier, Board of directors of the company on 30th December, 2024 and Draft Letter of Offer dated…
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Dhubri under tight security after communal cl*shes

Dhubri under tight security after communal cl*shes

Assam Chief Minister Himanta Biswa Sarma on Friday announced a 'shoot-at-sight' order in Dhubri town, following a series of disturbing communal incidents that have gripped the border district. The directive comes in response to escalating tensions sparked by the alleged placing of cow heads near a Hanuman temple and subsequent stone-pelting incidents in the area. The Chief Minister, who landed in Dhubri around 11 am on June 13, wasted no time in assessing the ground situation. He held a high-level review meeting at the Circuit House with top officials from the district administration and police department. Ahead of his visit,…
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