Competition Commission of India has issued show-cause notice to Air India regarding the Air India-Vistara merger. Air India has 30 days period to respond to CCI show cause notice.
BYJU’s is planning to raise nearly $1 billion to deal with the financial issues the company is facing.
The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.
IT major Infosys Technologies declined during trading session after US technology major Accenture issued weak guidance. Accenture reported five percent growth in revenue for year-on-year basis.
BYJU’s has announced layoff for more than 1,000 employees across different departments in order to save costs.
Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations.
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