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Airlines hoping for more Boeing jets could be waiting awhile https://ift.tt/G629RhP Federal Aviation Administration has put a limit the plane maker's output until it was confident in Boeing's quality control practices. Boeing is also struggling to increase production for another reason -- it and its suppliers have not been able to replace all the workers who were laid off, retired or quit during the pandemic.

There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal https://ift.tt/AD2q4vg Oswal Group's Chairman, Raamdeo Agrawal, discusses the strong performance of the capital market in October and November, with December being exceptionally high. He mentions the increase in returns, particularly in midcaps and smallcaps, which has attracted more people to the market. Agrawal highlights the vertical growth in the capital market, the influx of new investors, and the positive impact on the GDP growth of the country. He also talks about the expansion of the capital market business due to digital onboarding.

Ajay Singh, Sky One and Busy Bee file firm bids for Go First https://ift.tt/QWNES70 promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airlines. The lenders may extend the resolution process deadline by two months. Singh applied individually, while Busy Bee is a new applicant associated with Plan IT. Safrik Investments and NS Aviation did not submit guarantees. The three entities will receive more information on Go First to develop a formal plan. Creditors may vote again to extend the resolution timeline beyond the current deadline.

Indices gain 1% on short covering, traders see choppy days ahead https://ift.tt/KXAwqrm Nifty rose 215.15 points, or 1.01%, to close at 21,453. The Sensex rose 689 points, or 0.98%, to end at 71,060.

India likely to benefit from slump in Hong Kong market https://ift.tt/yH6rjid Several overseas institutional investors have pruned exposure from Hong Kong H shares and reallocated to other Asian countries given a rising relative risk of China owing to the trade spat with the US, Taiwan conflict, and moderating local economy.

ICICI Bank weathers margin stress to deliver healthy growth https://ift.tt/9wiMQa6 stock of ICICI Bank hit a record high on Tuesday notwithstanding the weakness in the broader market following the bank’s stellar performance in the December quarter.

UBI targets 80% recovery by selling over Rs 1,000 cr NPAs https://ift.tt/unWxLCs Horizon's debt of ₹212 crore is on sale with a reserve price of ₹213 crore, while Supertech Realty's debt of ₹170.84 crore is open for bids with a reserve price at ₹205 crore.