Rajni Hasija, CMD (LA) of Indian Railway Catering and Tourism Corporation (IRCTC), on Thursday said that early trends of tourism revival are encouraging.

Bharti Enterprises is investing USD 500 million (more than Rs 3,700 crore) in the satellite communications company OneWeb. The investment comes as OneWeb prepares for its eighth launch that is scheduled to take place on July 2. 36 more satellites will be sent to lower earth orbits as the company continues to build space-based internet services. Bharti Enterprises Founder and Chairman Sunil Mittal spoke to CNBC on these developments.

Vodafone Idea is in a serious financial crunch, raising concerns about its ability to continue as a going concern. The company has also recently admitted the same in a statement regarding its viability, stating ‘Material Uncertainty Related to Going Concern’.

Hindustan Aeronautics is in focus on the back of Q4 earnings. The company posted 31 percent jump in profit and its margins also improved. R Madhavan, CMD at Hindustan Aeronautics, said: “The first quarter of this year wasn’t all that great, it was a bit depressed because of the COVID situation and virtual lockdown in Bangalore, which is our major area where we produce. So, first quarter will be little depressed numbers, but we intend to make good in the coming quarters as we did last year.”