Five days after widespread flight disruptions triggered by IndiGo cancellations, Tata Group-owned Air India on Saturday announced a special waiver on change and cancellation charges for eligible domestic bookings, aiming to offer relief to affected travellers, PTI reported.The airline said customers who booked tickets on Air India or its subsidiary Air India Express on or…
India has recorded its highest-ever annual addition of clean energy capacity, with 31.25 GW of non-fossil power added in the current financial year so far, Union minister for new and renewable energy Pralhad Joshi said on Friday, highlighting the country’s accelerating energy transition. Of the total addition, solar capacity alone accounted for 24.28 GW, underscoring…
Volkswagen Group plans to invest €160 billion ($186 billion) through 2030, a scaled-down outlay that reflects tightening capital allocation as Europe’s largest automaker grapples with mounting pressure in its two biggest markets — China and the United States, Reuters reported.The investment figure, announced by Volkswagen CEO Oliver Blume, is part of the company’s rolling five-year…
India’s expanding data centre and artificial intelligence ecosystem could position the country as a global leader in power trade, with experts pointing to surplus electricity capacity and rapid reforms in the power distribution sector, according to speakers at a national conference on energy and technology.Speaking at the National Conference on AI and Machine Learning based…
NEW DELHI: The ministry of civil aviation on Saturday issued a fare-cap order to curb steep price surges across domestic routes following widespread flight cancellations by IndiGo. However, it did not name the airlines directly and referred it to as “one of India’s major airlines”.In order no 01/2025, the ministry said the disruptions had led…
Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday said simplifying India’s customs framework will be the government’s next major reform focus, signalling a comprehensive clean-up aimed at making compliance easier and more transparent.Speaking at the HT Leadership Summit, Sitharaman said customs reforms would follow the rationalisation efforts already undertaken in income tax and…
Realty firm Smartworld Developers will invest around Rs 2,000 crore to build its first project in Noida, as part of the company’s plan to expand beyond the Gurugram property market. Smartworld Developers has announced its entry into Noida, which is an important micro-market in the Delhi-NCR. The company has acquired a 6-acre land parcel in…
Trade negotiations between India and the United States are set to move forward as the two nations will be holding three days of talks in New Delhi, sources told PTI. The talks are scheduled from December 10 to 12 as both countries aim to finalise the opening tranche of the pact. “The three-day talks will…
BENGALURU: It’s something of a Francisco D’Souza redux. After stepping down as Cognizant CEO, D’Souza co-founded Recognize. Now, Bain Capital, in partnership with Recognize, has closed a multi-billion-dollar deal to acquire HealthEdge, the US-based healthcare software provider. During D’Souza’s tenure, Cognizant carved out a strong franchise in healthcare, with the former CEO playing a pivotal…
SpaceX might soon reach a $800 billion valuation as the rocket maker has began a new secondary share sale, according to sources cited by the Wall Street Journal. In case it manages to reach the figure, SpaceX will rush ahead of OpenAI to become the most valuable private company in the US. The new valuation…
