Star Air to expand domestically before going international: CEO Tiwana

Airplane, airport, airline | Photo Credit: Businessline Regional airline Star Air will focus on expanding its domestic network and increasing flight frequencies before pursuing international operations, the airline’s Chief Executive Officer, Simran Singh Tiwana, told businessline. “We will first commence flight operations to new domestic destinations and increase frequencies. We are looking at starting flights…

Regulatory measures stabilise index options trading as market shows recovery signs: ICRA

After months of volatility triggered by regulatory changes, trading activity in index derivatives and options is showing signs of stabilisation, according to a report by rating agency ICRA. The report noted that market participants have strategically recalibrated their trading approach following three consecutive months of decline in options volumes. ICRA said “trading activity appears to…

Sensex tanks nearly 900 pts, Nifty slips below 24,550: US debt, Middle East tensions rattle D-Street

Indian stocks plunged sharply in mid-session trade Thursday, May 22, as a mix of negative global cues, stretched valuations, and disappointing earnings weighed on sentiment. During the trading session, the benchmark Sensex plunged nearly 900 points intraday to 80,710.22—its lowest level since May 12. Meanwhile, the Nifty 50 traded below the important 24,550 mark, eroding…