Parliament panel backs phased digital competition law, EU-style appeal for ‘key player’ tag
[ad_1] A parliamentary panel has recommended that India’s upcoming digital competition law adopt a phased, evidence-led rollout and include an EU-style review mechanism for designating Big Tech as ‘systemically significant digital enterprises’ (SSDEs). In a report on the evolving role of the Competition Commission of India (CCI), tabled in the Lok Sabha on Monday, the Parliamentary Standing Committee on Finance,
Spirit Airlines warns it might not be able to survive without more cash
[ad_1] A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines has warned it might not be able to survive as a going concern if it doesn’t raise more cash, five months after the budget-travel icon
Aaron Rodgers-backed startup aims to be the IMDb for pro athletes
[ad_1] Aaron Rodgers, #8 of the Pittsburgh Steelers, in action during Minicamp at UPMC Rooney Sports Complex in Pittsburgh, Pennsylvania, on June 10, 2025. Justin K. Aller | Getty Images Sport | Getty Images NFL quarterback Aaron Rodgers is backing a startup that hopes to make athletes more accessible to companies, charities and sponsors. AthleteAgent.com launched on Tuesday as a
Retail inflation plunges! July 2025 CPI dips to 8-year low of 1.55%; food inflation slips to -1.76%
[ad_1] Rural areas saw headline inflation ease to 1.18% from 1.72% in June, with food inflation dropping from -0.87% to -1.74%. (AI image) The Consumer Price Index (CPI) inflation for the month of July 2025 touched an 8-year low of 1.55%. The headline retail inflation cooled sharply touching 1.55% year-on-year — the lowest since June 2017 — according to provisional
Cabinet gives nod to 4 new semiconductor factories, Lucknow Metro Line expansion at Rs 10,401 crore outlay
[ad_1] The Union Cabinet — chaired by Prime Minister Narendra Modi — made a number of major decisions at its meeting on Tuesday, including the establishment of four semiconductor facilities in Odisha, Andhra Pradesh and Punjab with an outlay of Rs 4,600 crore. A proposal to build Phase 1B of Lucknow Metro Rail Project in Uttar Pradesh with an investment of
On Holding (ONON) earnings Q2 2025
[ad_1] On Running shoes at On’s headquarters in in Zurich, Switzerland. CNBC On sales rose 32% in the Swiss sportswear company’s second quarter, leading it to raise its full-year revenue guidance even as it contends with new tariffs on imports from Vietnam. The buzzy sneaker brand, which has been credited with taking market share from Nike, now expects full year-sales
Fresh trouble for Russia-backed Nayara Energy! SBI stops trade & foreign currency transactions of Indian refinery; doesn’t want to risk US tariffs, EU curbs
[ad_1] Nayara Energy has been facing challenges since July, when the European Union enacted its 18th sanctions package. (AI image) Russia-backed Indian refinery Nayara Energy is faced with a fresh challenge. India’s largest public sector lender SBI has stopped processing international trade and forex transactions for Nayara Energy following recent US tariff hikes. The bank’s decision aims to avoid potential
“If Putin agrees to ceasefire, it could take heat off India,” says South Asia expert
[ad_1] Earlier in the day, Trump expressed optimism about the possibility of normal trade between both countries. | Photo Credit: Jonathan Ernst Ahead of US President Donald Trump’s meeting with Russian President Vladimir Putin, Michael Kugelman, a Washington, DC-based South Asia analyst, emphasised that there is a “strong link” between the Trump-Putin meeting and the tariffs imposed on India. Speaking
GitHub CEO Thomas Dohmke to step down, plans new startup
[ad_1] “I’ve decided to leave GitHub to become a founder again,” he said in a blog post, but did not provide details about the new venture [File] | Photo Credit: AP GitHub Chief Executive Thomas Dohmke said on Monday he will leave the Microsoft-owned code-hosting platform to launch a new startup, capping a tenure that included a major push into
Sinclair is exploring merger options for its broadcast business
[ad_1] Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, the company said Monday. The company and its advisors have already held
Adani expands aircraft MRO biz, buys Nagpur firm Indamer
[ad_1] NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in Indamer Technics (ITPL), one
ESPN, Fox to bundle upcoming streaming services for $39.99 a month
[ad_1] Philadelphia Eagles wide receiver DeVonta Smith (6) scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs on February 9, 2025 at the Superdome in New Orleans, LA. Icon Sportswire | Icon Sportswire | Getty Images Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a
Ford announces $2 billion Louisville EV assembly plant investment
[ad_1] Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes on top of $3 billion already planned for a battery park in Michigan. Together the facilities will create or secure nearly 4,000 new jobs, Ford said in a news release. “We took a
Zydus gets U.S. FDA nod for Diltiazem Hydrochloride tablets
[ad_1] Generic drugmaker Zydus Lifesciences has received final approval from the U.S. Food and Drug Administration (U.S. FDA) for Diltiazem Hydrochloride tablets USP, 30 mg, 60 mg, 90 mg, and 120 mg. A generic of Cardizem Tablets, the drug is indicated for management of chronic stable angina and angina due to coronary artery spasm. Diltiazem Hydrochloride tablets had annual sales
Adani Defence, Prime Aero to acquires Indamer Technics
[ad_1] Mumbai Adani Defence Systems and Technologies Ltd. (ADSTL), through its venture Horizon Aero Solutions Ltd., and in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100% stake in Indamer Technics Private Ltd. (ITPL), a private sector MRO provider for an unspecified amount. Horizon is a 50-50 partnership between ADSTL and Prime Aero, a
AMC earnings Q2 2025 narrow losses
[ad_1] People walk past an AMC theater in Manhattan, New York City, on Feb. 25, 2025. Jeenah Moon | Reuters Shares of AMC Entertainment rose 8% in early trading Monday after the movie theater chain reported stronger-than-expected second-quarter results. The company posted revenue of nearly $1.4 million, up about 35% year over year and topping the $1.35 billion Wall Street
Here’s what U.S. automakers are saying about Trump’s EV policies
[ad_1] Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump‘s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps to do exactly that,
How pandemic darling Stitch Fix returned to growth
[ad_1] Could Stitch Fix be on the path to a comeback? The clothing subscription service, one of the many pandemic winners that’s struggled to find itself in a post-lockdown world, is back to growth and seeing some early wins from a turnaround strategy that’s just over two years in the making. Under CEO Matt Baer, a former Walmart and Macy’s
Paramount buys UFC rights in $7.7 billion, 7-year deal
[ad_1] Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group’s UFC for seven years, beginning in 2026. Paramount is paying an average of $1.1 billion per year, totaling $7.7 billion, for UFC’s full slate of 13 marquee events and 30 “Fight Nights,” the companies said in a statement. All matches and events will
Air India Express launches ‘Freedom Sale’: 5 million seats at discounted fares to mark 79th Independence Day; details here
[ad_1] Air India Express has announced a “Freedom Sale” offering five million discounted seats to mark India’s 79th Independence Day.According to the airline, bookings can be made through its website, mobile app, and major travel portals until 15 August 2025, for travel between 19 August 2025 and 31 March 2026. The sale period covers the festive season, including Onam, Durga
AP Govt to set up logistics corporation for unified cargo services
[ad_1] Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo Credit: HANDOUT Andhra Pradesh Chief Minister N Chandrababu Naidu has on Monday directed the officials to establish a logistics corporation to facilitate cargo movement. The proposed corporation should be the nodal agency for shipment of cargo through the ports, airports, inland waterways, road and railways, the Chief Minister said in a
After Mumbai, Elon Musk’s Tesla opens showroom in Delhi’s Aerocity
[ad_1] A Tesla Model Y is parked at a charging station in New Delhi, India, August 11, 2025. | Photo Credit: Reuters American electric vehicle maker Tesla plans to expand its super charging network in Delhi-NCR, Mumbai and Bangalore as it plans to start deliveries in India by September, a senior company official said on Monday (August 11, 2025). The
Sensex jumps 746 points amid fresh foreign fund inflows, rally in U.S. peers
[ad_1] FIIs bought equities worth ₹1,932.81 crore on August 8, 2025, according to exchange data. File | Photo Credit: Reuters Benchmark BSE Sensex rallied 746 points to close above the 80,000 marks on Monday (August 11, 2025) following buying in oil, auto and banking shares amid fresh foreign fund inflows. The 30-share Sensex jumped 746.29 points or 0.93% to settle
Soybeans rise after Trump says he wants China to buy more U.S. beans
[ad_1] Soybeans are displayed with a farmer miniature in this illustration picture. | Photo Credit: Reuters Chicago soybean prices rose more than 2% on Monday (August 11, 2025) after U.S. President Donald Trump said he hoped China would quadruple its soybean orders from the United States. China is the largest soy importer in the world, but has been shunning U.S.
U.S regulator ends lawsuit against crypto company Ripple, company to pay $125 million fine
[ad_1] The SEC said the dismissal of the appeals means the injunction and fine remain in effect [File] | Photo Credit: REUTERS The U.S. Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities, leaving a $125 million fine intact and ending one of the cryptocurrency industry’s highest-profile lawsuits. Ripple and the SEC agreed