The IPO is likely to include a mix of new share issuance and...
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Investigation into AI-171 accident still in progress, clarifies AAIB
The preliminary report released earlier provided factual...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we...
Competition regulator orders probe into IndiGo after mass flight cancellations
More than 10.4 lakh passengers were affected by flight cancellations in December, with over 93 percent of the total passengers getting impacted by IndiGo cancellations New Delhi: India's competition regulator, Competition Commission of India(CCI), has ordered an...
Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects
A draft “Policy framework and guidelines addressing State’s Liability towards third party damages arising due to Indian Space Objects”, is presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained...
Delhi tribunal seeks Centre’s help in road accident case cites policy vacuum
"There is a clear policy vacuum, and the family of the victim/cyclist cannot be left to struggle with fate. In these peculiar circumstances, the assistance of the Ministry of Road Transport and Highways (MoRTH) is necessary to understand if there is any policy/scheme...
Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...
Air India checking fuel switches on its Boeing Dreamliners, memo says
The checks have not unearthed any issues so far and will not require grounding of the fleet, a source with direct knowledge of the matter said. The carrier, owned by Tata Group and Singapore Airlines, has a fleet of 33 Boeing 787 aircraft, according to Flightradar24....
SC slams WhatsApp Meta over privacy policy says will pass interim order on Feb 9
"You can't play with the right of privacy of this country in the name of data sharing. We will not allow you to share a single word of the data, either you give an undertaking…you cannot violate the right of privacy of citizens,” the CJI said New Delhi: The Supreme...
IRDAI to come out with new regulations on industry’s commission structure soon:Seth
Ajay Seth, chairman, IRDAI ``We are working on the regulations pertaining to the new commission structure in the industry. There will not be any surprise element in it. We will soon put out a consultative paper on it and will like to have industry views before...
Air India pilot reports a possible defect in fuel control switch of Boeing 787-8, aircraft grounded
"After receiving this initial information, we have grounded the said aircraft and are involving the OEM to get the pilot's concerns checked on a priority basis. The matter has been communicated to the aviation regulator, DGCA. Air India had checked the fuel control...
Budget 2026 proposes penalties to tighten crypto transaction reporting
The proposal is aimed at ensuring compliance with Section 509 of the Income-tax Act, 2025 and creating a deterrent against non-reporting and incorrect disclosures related to crypto assets.Under the proposed rules, platforms and entities dealing in crypto assets will...
Govt mulls allowing 49% FDI in PSU banks
M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India - the country’s largest lender - and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic control of...