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Railways to slash fares of AC chair car, executive classes by up to 25%
Business

Railways to slash fares of AC chair car, executive classes by up to 25%

Posted on: July 8, 2023

[ad_1] Fares of AC chair cars and executive classes of all trains, including Vande Bharat, and those with Anubhuti and Vistadome coaches will be reduced by up […]

Jack Ma-backed Ant to buy back shares at 70% lower valuation than at IPO
Business

Jack Ma-backed Ant to buy back shares at 70% lower valuation than at IPO

Posted on: July 8, 2023

[ad_1] By Lulu Yilun Chen Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain […]

Elon Musk claims lawyers overbilled in fight to make him buy Twitter
Business

Elon Musk claims lawyers overbilled in fight to make him buy Twitter

Posted on: July 8, 2023

[ad_1] By Joel Rosenblatt Elon Musk sued the law firm that led the court fight to make him complete his takeover of Twitter, saying it took […]

World Bank Prez Ajay Banga to travel to India next wk to attend G20 meet
Business

World Bank Prez Ajay Banga to travel to India next wk to attend G20 meet

Posted on: July 8, 2023

[ad_1] World Bank President Ajay Banga will travel to India next week, his first visit to the country after taking over the helm of the global lender, […]

China looms large as Asian leaders seek to enhance ties with NATO
Business

China looms large as Asian leaders seek to enhance ties with NATO

Posted on: July 8, 2023

[ad_1] By Isabel Reynolds, Philip J. Heijmans and Natalia Drozdiak Japanese Prime Minister Fumio Kishida is among Asian leaders seeking to enhance ties with NATO […]

Kharif sowing falls 9% even as rains pick up across most parts of India
Business

Kharif sowing falls 9% even as rains pick up across most parts of India

Posted on: July 7, 2023

[ad_1] The acreage under kharif crops was almost 8.6 per cent less year-on-year (YoY) until the week ended Friday, despite a pick-up in monsoon rainfall across most […]

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loans
Business

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loans

Posted on: July 7, 2023

[ad_1] Crisis-hit Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including principal and interest amount. In a regulatory filing on […]

SC says land scams persistent issue, cancels pre-arrest bail of accused
Business

SC says land scams persistent issue, cancels pre-arrest bail of accused

Posted on: July 7, 2023

[ad_1] Observing that land scams have been a “persistent issue” leading to an erosion of “public trust”, the Supreme Court on Friday cancelled the anticipatory bail of […]

Microsoft India prez Anant Maheshwari steps down, COO Irina Ghose elevated
Business

Microsoft India prez Anant Maheshwari steps down, COO Irina Ghose elevated

Posted on: July 7, 2023

[ad_1] Microsoft India President Anant Maheshwari has resigned from his post on Friday. He will move out of the company to pursue other interests, according to […]

Vedanta Group rejigs semiconductor biz, brings it under Twin Star
Business

Vedanta Group rejigs semiconductor biz, brings it under Twin Star

Posted on: July 7, 2023

[ad_1] Anil Agarwal-led Volcan Investments has decided to rejig semiconductor business segment by bringing it under subsidiary Twin Star Technologies Limited, the group firm Vedanta said on […]

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