Tata Group-owned Air India refinanced short-term loans with SBI and Bank of Baroda for three years. The Rs 19,000 crore term loan will finance working capital needs and aircraft fleet upgrades. The conglomerate’s strong credit profile enabled access to funding for the national carrier.
DMart shares slide 3% after brokerages trim target prices post Q4 show
Avenue Supermarts, known for DMart, will be watched on Monday. The company’s Q4 FY25 standalone net profit increased by 2.6% YoY to Rs 619.71 crore.