Latest news with #Indian-domiciled
Time of India
3 days ago
- Business
- Time of India
Growth of Indian Aviation: Air India Chief Highlights Investment Opportunities, ET TravelWorld
Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App Indian carriers having more planes in their fleets provides businesses a rationale to invest in the country's aviation space as there will be a local market as well as an export market for services and support, according to Air India chief Campbell Wilson In an interview to PTI, Wilson said there is a lot of interest in India and a lot of people are keen to partner with Air India. "There is an air about India".The country's aviation industry directly employs 3,69,700 people and generates USD 5.6 billion of GDP. When indirect, induced and tourism impacts are included, the total rises to 7.7 million jobs and USD 53.6 billion of GDP (1.5 per cent), as per global airlines' grouping IATA , which is holding its annual general meeting in India after a gap of 42 years."There is a lot of confidence people are drawing from the transformation of Air India but also Indian aviation. (People are more) willing to invest in India."The fact that there is going to be a much more sizeable Indian-domiciled fleet gives all sorts of businesses a rationale to invest because there is a local market in addition to an export market for services and support. So, surely the interest is coming and I think the benefits will accrue in the years to come," the Air India CEO and MD than 2,500 civil aircraft are expected to come into India in the next 20 India and IndiGo have placed orders for more than 1,000 planes in recent years. The Tata Group-owned Air India is also in the middle of a five-year transformation also stressed that there is a healthy competition in India among emphasising that there is an air about India, Wilson, who has been helming Air India for nearly three years, also said the country is having an increasing say and an increasing share of voice at the OEMs (Original Equipment Manufacturers)."The biggest aircraft orders in history have been made by the Indian carriers in the last couple of years. India is a large market and by far, the fastest growing large market in the world," he Friday, IATA Director General Willie Walsh said India's place in global aviation has changed dramatically, particularly over the last decade. The country has seen record aircraft orders, impressive growth, and world-class infrastructure developments, he International Air Transport Association (IATA) represents about 350 airlines comprising over 80 per cent of the global air traffic.
Mint
3 days ago
- Business
- Mint
Indian airlines having more planes provide rationale for investments: AI chief Campbell Wilson
New Delhi, Jun 1 (PTI) Indian carriers having more planes in their fleets provides businesses a rationale to invest in the country's aviation space as there will be a local market as well as an export market for services and support, according to Air India chief Campbell Wilson. In an interview to PTI, Wilson said there is a lot of interest in India and a lot of people are keen to partner with Air India. "There is an air about India". The country's aviation industry directly employs 3,69,700 people and generates USD 5.6 billion of GDP. When indirect, induced and tourism impacts are included, the total rises to 7.7 million jobs and USD 53.6 billion of GDP (1.5 per cent), as per global airlines' grouping IATA, which is holding its annual general meeting in India after a gap of 42 years. "There is a lot of confidence people are drawing from the transformation of Air India but also Indian aviation. (People are more) willing to invest in India. "The fact that there is going to be a much more sizeable Indian-domiciled fleet gives all sorts of businesses a rationale to invest because there is a local market in addition to an export market for services and support. So, surely the interest is coming and I think the benefits will accrue in the years to come," the Air India CEO and MD said. More than 2,500 civil aircraft are expected to come into India in the next 20 years. Air India and IndiGo have placed orders for more than 1,000 planes in recent years. The Tata Group-owned Air India is also in the middle of a five-year transformation plan. Wilson also stressed that there is a healthy competition in India among airlines. While emphasising that there is an air about India, Wilson, who has been helming Air India for nearly three years, also said the country is having an increasing say and an increasing share of voice at the OEMs (Original Equipment Manufacturers). "The biggest aircraft orders in history have been made by the Indian carriers in the last couple of years. India is a large market and by far, the fastest growing large market in the world," he said. On Friday, IATA Director General Willie Walsh said India's place in global aviation has changed dramatically, particularly over the last decade. The country has seen record aircraft orders, impressive growth, and world-class infrastructure developments, he added. The International Air Transport Association (IATA) represents about 350 airlines comprising over 80 per cent of the global air traffic.
Business Upturn
02-05-2025
- Business
- Business Upturn
Check list of 43 companies included in NSE Nifty Waves Index
By Aditya Bhagchandani Published on May 2, 2025, 14:05 IST The National Stock Exchange (NSE) has launched the Nifty Waves Index, a thematic index designed to track the performance of stocks from the Indian media, entertainment, and gaming industry. The index includes 43 companies selected based on their relevance to these sectors and their free float market capitalization. Here are the 43 companies included in NSE's newly launched Nifty Waves Index: B.A.G. Films and Media Ltd. Balaji Telefilms Ltd. Bodhi Tree Multimedia Ltd. Cineline India Ltd. Cinevista Ltd. Ltd. Den Networks Ltd. Diligent Media Corporation Ltd. Entertainment Network (India) Ltd. Eros International Media Ltd. GTV Engineering Ltd. GTPL Hathway Ltd. Hathway Cable & Datacom Ltd. Hinduja Global Solutions Ltd. Hindustan Media Ventures Ltd. India Today Online Pvt. Ltd. INOX India Ltd. Nazara Technologies Ltd. Network18 Media & Investments Ltd. Next Mediaworks Ltd. New Delhi Television Ltd. Ortel Communications Ltd. PVR INOX Ltd. Raj Television Network Ltd. Radaan Mediaworks India Ltd. Reliance Broadcast Network Ltd. Saregama India Ltd. Sarthak Global Ltd. Shemaroo Entertainment Ltd. Siti Networks Ltd. Sri Adhikari Brothers Television Network Ltd. Sun TV Network Ltd. Supershakti Metaliks Ltd. Take Solutions Ltd. Tips Industries Ltd. Tips Music Ltd. TV Today Network Ltd. TV Vision Ltd. TV18 Broadcast Ltd. V R Films & Studios Ltd. Vikas Ecotech Ltd. Vishal Fabrics Ltd. Zee Entertainment Enterprises Ltd. Zee Media Corporation Ltd. Here are the top constituents of the index by weight: Index highlights: Theme: Tracks Indian media, entertainment, and gaming companies. Base Date & Value: April 1, 2005 | 1000 points. Eligibility: Indian-domiciled and NSE-traded (listed or permitted to trade). Weighting: Based on free float market cap, capped at 5% per stock . Rebalancing: Quarterly; Reconstitution: Semi-annual. Governance: Managed under NSE's three-tier structure including advisory and maintenance committees. The index provides a focused lens for tracking one of India's fastest-evolving sectors and is expected to become a benchmark for sector-specific investment and ETF products. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
02-05-2025
- Business
- Business Upturn
Nifty Waves Index: Nazara Tech holds 5.23%, Zee Media 5.15%, PVR Inox, Hathway Cable among top constituents
By Aditya Bhagchandani Published on May 2, 2025, 13:47 IST The National Stock Exchange (NSE) has officially launched the Nifty Waves Index, a new thematic index aimed at capturing the performance of India's dynamic media, entertainment, and gaming ecosystem. The index comprises 43 companies and is intended to serve as a benchmark for investors seeking exposure to this evolving sector. What is the Nifty Waves Index? The Nifty Waves Index includes companies representing the Indian media, entertainment, and gaming industries. The index is structured based on free-float market capitalization and capped at 5% weight per stock to prevent concentration risk. According to NSE, the base date for the index is April 1, 2005, with a base value of 1000. It is reconstituted semi-annually and rebalanced quarterly. It considers all Indian-domiciled companies that are either listed and traded or permitted to trade on NSE during the review. Stocks are selected from the eligible basic industries and weighted based on their free float market capitalization, with individual stock weight capped at 5%. The Nifty Waves Index is reconstituted semi-annually and rebalanced quarterly. Governance of the index is maintained through a structured three-tier system comprising the NSE Indices Board of Directors, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee. Top Constituents by Weight (%): Company Name Weight (%) Nazara Technologies Ltd. 5.23 Zee Media Corporation Ltd. 5.15 Zee Entertainment Enterprises Ltd. 5.14 Hathway Cable & Datacom Ltd. 5.07 TV Today Network Ltd. 5.07 Saregama India Ltd. 5.02 PVR INOX Ltd. 4.96 Network18 Media & Investments Ltd. 4.76 Den Networks Ltd. 4.75 Tips Music Ltd. 4.70 India's digital and content economy is booming, fueled by OTT expansion, gaming adoption, rising internet penetration, and evolving media consumption habits. The Nifty Waves Index provides a structured opportunity for investors and fund managers to participate in this trend. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
