Top headlines: KKR to invest in Hero's RE arm; CEA pegs FY23 growth at 7%

SpiceJet sends 80 pilots on leave without pay for three mths to prune costs

SpiceJet has sent approximately 80 pilots on leave without pay for three months in order to rationalise its costs.

The airline has been making losses the past four years. Moreover, it is currently operating less than 50 per cent flights, following the July 27 order of the Directorate General of Civil Aviation (DGCA) in the wake of a spate of incidents. Read more

CEA says India poised to grow at 7% this year and for rest of decade

India’s economy is well poised