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…
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task…
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…
SoFi (SOFI) has launched a U.S. dollar stablecoin, SoFiUSD, in a bid to bring faster, cheaper money movement to banks, fintechs and enterprise platforms. The coin is issued by SoFi Bank, a nationally chartered and FDIC-insured institution, making it the first U.S. national bank to offer open access to its stablecoin infrastructure. Last month, JPMorgan…
NEW DELHI: The Tamil Nadu police on Thursday ‘arrested’ former BJP state president K Annamalai along with other party workers protesting against “dumping of waste from Tiruppur city at Chinnakalipalayam village,” BJP said.BJP alleged that it drew the Stalin government ire for supporting and protesting along with the the local residents against the decision of…
Check out the companies making the biggest moves before the bell: Micron Technology — Shares jumped more than 11% after the chipmaker issued a rosy revenue forecast and posted fiscal first-quarter results that exceeded Wall Street expectations . Micron said it expected about $18.70 billion in revenue in the current quarter — significantly higher than…
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…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Have you ever seen a dam release its water? All that pent-up water crashes down in a unstoppable flood. That’s what typically happens in markets when a long-held price support finally gives way, unleashing disgruntled holders who flood the market…
Giriraj Singh (ANI image) NEW DELHI: BJP leader and union minister Giriraj Singh on Thursday defended Bihar chief minister Nitish Kumar after a video showing him pulling down the hijab of a woman doctor during an official programme went viral. He claimed that there was “nothing wrong” in the chief minister’s action. His remarks came…
