The Lufthansa flight to Hyderabad made a mid-air U-turn to return to Germany on Sunday because of a bomb threat to the flight, a Hyderabad airport official said on Monday."The flight returned to its origin because of a bomb threat which was received while the aircraft was still outside the Indian airspace," the official told news agency ANI.Earlier, a Lufthansa spokesperson had said that the flight did not receive permission to land at Hyderabad's Rajiv Gandhi International Airport, forcing it to return to Frankfurt, which is Germany's busiest and Europe's sixth-busiest international airport.Flight LH752 took off from Frankfurt around 2:14 pm local time and was scheduled to land at Hyderabad’s Rajiv Gandhi International Airport early Monday. However, flight tracking websites showed that
Shares of Bajaj Finance jumped 2.5% to an intraday high of Rs 957.30 on BSE on Monday, June 16, as they began trading ex-split and ex-bonus following the company’s recently announced corporate actions.Investors who held the stock as of Friday, June 13, will be eligible to receive both the split shares and the bonus allotment.As per the company’s corporate announcement, Bajaj Finance is executing a stock split in the ratio of 1:2, meaning each share with a face value of Rs 2 will be split into two shares of Rs 1 each. In addition to the split, the company is also issuing bonus shares in a 4:1 ratio, entitling shareholders to receive four additional shares for every one share held.The record date for determining eligible shareholders is Monday, June 16, but due to the T+1 settlement cycl
India's merchandise exports to the US rose by 16.93 per cent to USD 8.83 billion in May, while imports dipped by 5.76 per cent to USD 3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to USD 17.25 billion, while imports rose by 25.8 per cent to USD 8.87 billion, the data showed. When asked about the impact of high tariffs imposed by the US on steel, aluminium and auto parts, Special Secretary in the Department of Commerce Rajesh Agrawal said India does not export a lot of steel and aluminium to the US. There is a uniform duty on auto components for all countries, so "we have not seen a big dent" on the sector. But if it will be continued for long, there could be some impact. If some countrie