India’s domestic flyer headcount rises to 1.4 crore in May

IANS | June 25, 2025 11:26 AM

New Delhi. June 25 (IANS) India’s domestic air passenger traffic registered a 1.89 per cent increase during May this year to 1.4 crore, compared to the corresponding figure of 1.38 crore in the same month last year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA).

Kalpataru Ltd’s revenue drops nearly 47 pc in FY24; net loss stood at Rs 113.8 crore

IANS | June 24, 2025 3:58 PM

Mumbai, June 24 (IANS) Real estate developer Kalpataru Limited, which saw its initial public offering (IPO) open for bidding on Tuesday, reported its revenue from operations decline sharply by approximately 46.89 per cent year-on-year (YoY) -- falling from Rs 3,633.1 crore in the financial year ended March 31, 2023, to Rs 1,929.9 crore in FY24, as per its Draft Red Herring Prospectus (DRHP) filing.

The silent revolution: How AI is finally freeing financial minds from grind of SEC reporting

By Gananath Misra | June 24, 2025 3:47 PM

Picture this. It's 2 a.m., the coffee is cold, and a team of seasoned financial professionals is poring over hundreds of pages of SEC filings. Eyes glaze over, searching for that one crucial disclosure, that subtle regulatory change, or that peer comparison that could make or break investor confidence. This isn't a scene from a forgotten era. It's a common reality -- a daily grind of risk, repetition, and relentless pressure. The stakes are immense, and human capacity, however brilliant, has its limits.