Category: Business
IndiGo’s flight to a monopoly, explained| Business News
That the Competition Commission of India has announced an investigation into IndiGo’s mass flight cancellations was par for the course. Sure, the CCI hasn’t specified…
Adani Group has an $11-billion aviation plan that doesn’t include an airline| Business News
The Ahmedabad-based Adani Group has a five-year, $11-billion expansion plan for its airports business but no plans to start an airline in the world’s fastest…
Stuffcool’s latest Gan chargers prove design and utility matter as much as watts| Business News
It is indeed very clear that Indian tech company Stuffcool is not only keeping up with charging accessory trends, but is delivering its take on…
India’s Robinhood? Groww shares surge 13% after Jefferies initiates ‘Buy’ rating| Business News
Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy”…
ICICI Prudential AMC shares surge nearly 23% over IPO price on listing day| Business News
Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the…
How Chinese cars are beating European tariffs| Business News
WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A…
Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News
The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…
Bank of Japan hikes benchmark interest rate to highest level since 1995| Business News
The Bank of Japan raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions…
IndiGo share price in focus as it faces CCI probe after mass flight cancellations| Business News
Shares of InterGlobe Aviation Ltd. are in focus today after the Competition Commission of India said it was reviewing allegations of anti-trust violations by IndiGo…
TikTok signs deal to sell US unit to Oracle-led investor group| Business News
TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global…