Business

The Competition Commission of India (CCI) announced on Thursday it will investigate IndiGo airlines’ recent mass flight cancellations under Competition rules, following widespread disruptions that affected thousands of passengers since December 2, PTI reported.The fair trade regulator stated it has taken notice of complaints filed against IndiGo regarding the recent aviation sector disruptions across various…

NEW DELHI: The Competition Commission of India (CCI) will now probe whether a case of abuse of dominance is made out against IndiGo — which has over 60% domestic market share and is also the single largest airline in terms of international traffic to & from India — as well as review allegations of antitrust…

The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…

New Delhi: Amid increasing delays, the select committee of Parliament examining the bill to amend the Insolvency & Bankruptcy Code has recommended that The National Company Law Appellate Tribunal (NCLAT) should dispose of appeals within three months of their receipt.“…IBC presently does not prescribe any statutory timelines for the disposal of appeals by NCLAT. This…

India’s AM Green and Japan’s Mitsui & Co are exploring a strategic partnership for the energy transition. This collaboration includes potential investments in AM Green’s integrated green aluminium platform, aiming to support the world’s first fully integrated green aluminium production facility. Discussions also cover offtake agreements for low-carbon aluminium. India’s AM Green and Japan’s Mitsui…

Bengaluru: TCS CEO K Krithivasan has said annualised revenue from AI services reached $1.5 billion, growing 16.3% quarter-on-quarter. Over 85% of clients with revenues above $20 million leverage TCS for AI work.“A massive internal transformation is underway, and we are encouraging all our associates to adopt an AI-first culture. Every time we take on a…

FILE – An oil platform is seen in the Leviathan natural gas field on Jan. 31, 2019, in the Mediterranean Sea off Israel’s coast. (Marc Israel Sellem/Pool via AP, File) JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Wednesday that he has approved a $35 billion natural gas export deal to Egypt, the biggest gas…

US President Donald Trump said that America is headed for an “economic boom” in the upcoming year. Speaking at the White House on Wednesday (local time), Trump highlighted his achievements of during the second term and outlined the administration’s plans for the economy, border security and the United States’ role on the global stage.For the…

Trump sees the Gold Card as a tool to attract and retain outstanding talent while also creating income for the US government. (AI image) US President Donald Trump has launched his $1 million Gold Card, but Indians it seems are not too keen to shell out the amount, especially given the lack of clarity on…

PM Modi on Thursday reiterated India’s economic story, saying that growth stood at over 8%, even amid ongoing challenges. Speaking at the India-Oman Business Summit in Muscat, the PM said, “A few days ago, the economic growth figures were released, and India’s growth stood at over 8%. This means India has continued to remain the…