[ad_1] The Delhi High Court has summoned SpiceJet to respond to a recovery petition filed by Tata Consultancy Services (TCS), which is seeking the attachment of the airline’s property at Terminal 1D of Indira Gandhi International Airport.TCS is claiming Rs 2.34 crore, along with interest, for services provided to the airline between July 2019 and…
[ad_1] Armoured Vehicles Nigam (AVANI), India’s leading producer of armoured platforms, is looking to expand internationally and is scouting for partners to market its products overseas. The company is targeting Africa, West Asia, Central Asia, and Southeast Asia for potential channel partnerships to export its vehicles, spare parts, and maintenance support.AVANI manufactures key defence platforms,…
[ad_1] The S&P 500 and Nasdaq indices reached unprecedented levels when markets opened on Thursday, driven by fresh optimism regarding potential interest rate reductions, whilst investors prepare for minimal economic data releases as the week concludes.At market opening, the Dow Jones Industrial Average gained 20.0 points, representing a 0.04% increase, reaching 46,461.11. The S&P 500…
[ad_1] The Finance Ministry announced on Thursday that the Department of Revenue (DoR) will conduct a fair and transparent investigation following the allegations by Wintrack Inc (Chennai) of “corruption and harassment” against Chennai Customs. The ministry confirmed that the matter is receiving serious attention.The ministry communicated the government’s action through X saying, “The Government has…
[ad_1] The government’s newly proposed regulations seek to classify breaches of online money gaming protocols as non-bailable violations, with accountability extending to all company personnel involved in facilitating such infractions, as per the draft guidelines issued on Thursday.The proposed regulations would authorise designated officers to conduct warrantless searches and arrests at any location, physical or…
[ad_1] Airbus team with various union ministers (image posted by Piyush Goyal and S Jaishankar on X respectively) Airbus’ board members completed their four-day visit to India on Thursday. India represents a crucial market for the aerospace company, as confirmed by an official, as quoted by PTI.The board conducted their first meeting in India since…
[ad_1] NEW DELHI: Govt’s efforts to deepen the Indian component ecosystem for electronics has received a massive boost with domestic and international companies putting in applications for investing over Rs 1.1 lakh crore in new projects – almost twice to the original target – which have the potential to result in creating incremental production to…
[ad_1] Piyush Goyal meets Airbus board led by chairman René Obermann to India NEW DELHI: Commerce and Industry Minister Piyush Goyal conducted meetings with Airbus Board members, headed by Chairman Rene Obermann, discussing investment prospects and related matters in India.“Welcomed the @Airbus Board, led by their Chairman, Mr. René Obermann to India. We had an…
[ad_1] Warren Buffett-owned Berkshire Hathaway is set to acquire Occidental Petroleum’s chemical division, OxyChem, for $9.7 billion, marking possibly the last major deal under the billionaire investor who owns the firm, set to retire by year-end.Notably, Buffett’s name was absent from Thursday’s announcement materials, as reported by Associated Press, suggesting a transition of leadership to…
[ad_1] Aravind Srinivas (Image credit: Instagram handle) Chennai-born Aravind Srinivas, 31, has emerged as India’s youngest billionaire, debuting on the M3M Hurun India Rich List 2025. As the founder and CEO of AI startup Perplexity, Srinivas is gaining recognition for his work in generative AI, having an estimated net worth of Rs 21,190 crore. Srinivas’…