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Market News

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India, under the Tata Group’s ownership since 2022, is striving to modernize its outdated fleet as part of a five-year turnaround plan. CEO Campbell Wilson pointed out that the airline faces significant challenges, including global parts shortages and the need for equipment upgrades. Air India’s efforts include placing significant orders for new planes and ...

Market News

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok is challenging a U.S. law that could lead to its ban, arguing it violates constitutional rights. In court, TikTok’s lawyers claim the law unfairly targets the platform and restricts free speech. The government insists the law is necessary to address national security threats linked to TikTok’s Chinese ownership. TikTok maintains it does not share ...

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Baba Kalyani battles his brother over conflicting Wills, igniting a dramatic family feud over Kalyani Group’s vast assets.

Baba Kalyani battles his brother over conflicting Wills, igniting a dramatic family feud over Kalyani Group’s vast assets.

Baba Kalyani, Chairman of Bharat Forge, has refuted his brother Gaurishankar’s claims about a new Will from their late mother, calling it misinformation. This family feud involves a court dispute over the legitimacy of wills regarding the Kalyani Group’s assets, including Bharat Forge, valued at over Rs 74,000 crore. Gaurishankar has filed an affidavit contesting ...

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SpiceJet’s shareholders approve raising ₹3,000 crore amid financial struggles, grounding of aircraft, and legal battles as shares surge.

SpiceJet’s shareholders approve raising ₹3,000 crore amid financial struggles, grounding of aircraft, and legal battles as shares surge.

SpiceJet has received approval from its shareholders to raise up to Rs 3,000 crore through the issuance of securities. The airline, which is facing significant challenges including financial issues, legal disputes, and a reduced fleet, aims to use these funds to meet its various obligations. In a recent regulatory filing, SpiceJet confirmed that the capital ...

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India’s Trai Battles Rising Spam: New Regulations on Robocalls Unveiled

India’s Trai Battles Rising Spam: New Regulations on Robocalls Unveiled

The Telecom Regulatory Authority of India (Trai) is taking steps to strengthen spam regulations due to a spike in complaints against unsolicited telemarketers, reaching 750,000 in the first half of 2024. This initiative involves a review of the Telecom Commercial Communications Customer Preference Regulations, originally established in 2018. Trai data reveals that complaints against unregistered ...

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Adani Power Battles Himachal Pradesh for Rs 280 Crore Hydropower Refund

Adani Power Battles Himachal Pradesh for Rs 280 Crore Hydropower Refund

Adani Power Limited has approached the Supreme Court to challenge a recent decision by the Himachal Pradesh High Court regarding a refund of Rs 280 crore linked to two hydropower projects in Kinnaur district. The Supreme Court has requested a response from the Himachal government on this matter. In July, the High Court overturned a ...

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Trump Seeks Delays in Election Case As Courtroom Battles Loom

Trump Seeks Delays in Election Case As Courtroom Battles Loom

Donald Trump is gearing up for legal battles regarding the 2020 election interference case, aiming to delay proceedings until after the November presidential election. His legal team argues that the case includes allegations tied to his presidential duties, which may grant him some immunity from prosecution. However, Special Counsel Jack Smith is prepared to move ...

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