The NCLAT has set aside a petition and upheld a 2017 CCI order that dismissed a complaint of predatory pricing against instant messaging platform WhatsApp. The National Company Law Appellate Tribunal (NCLAT) said no doubt WhatsApp has a 'dominant position' but it has not 'abused its dominant position' based on inputs provided by the appellant, an NGO Fight for Transparency Society.

US worker productivity in the second quarter fell at its steepest pace on an annual basis since 1948, the labor department said on Tuesday, while growth in unit labor costs accelerated, suggesting strong wage pressures will continue to help keep inflation elevated.

Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday.

The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes. A senior Treasury Department official said Tornado Cash, one of the largest mixers identified as problematic by the Treasury, has reportedly laundered more than $7 billion worth of virtual currency since it was created in 2019.

Negotiations for the proposed free trade agreement between India and the UK is progressing at a faster pace, commerce and industry minister Piyush Goyal said on Tuesday.

The government will certainly re-evaluate the fare cap in place for domestic airlines once there is a healthier environment in terms of jet fuel prices, according to civil aviation minister Jyotiraditya Scindia.

Aircraft operators are now required to share all travel-related information about passengers who are going to travel in and out of India at least 24 hours before their flight departure time. This information will have to be shared with Central Board of Indirect Taxes and Customs (CBIC)-established agency, National Customs Targeting Centre-Passenger (NCTC-P) for conducting of risk analysis of passengers.

Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 457 crore in July as investors parked their money in other asset classes as part of their portfolio rebalancing strategy.

The yield on the 10-year benchmark Indian government bond could revisit its recent high of over 7.60% in the medium term as the central bank raises interest rates and the government borrows more, analysts said.

All four public sector insurers incurred losses of Rs 26,364 crore in the health insurance portfolio for the last five years due to higher claims in group policies, a CAG report said.

Alphabet Inc's Google services appeared to be back up after facing a brief global disruption on late Monday, according to outage tracking website Downdetector.com.

Having invested Rs 8,000 crore in India, German auto giant Volkswagen group has started work on the next phase of funding for the market.

HDFC, the country's largest housing finance company, has increased its retail prime lending rate (PLR) on home loans by 25 basis points (100bps = 1 percentage point). This is the sixth rate hike by the corporation in two months. The lender has increased its benchmark rates by 140bps this year in line with the hike in repo rates.

Struggling-to-survive SpiceJet has denied agency reports that IDFC First Bank, Yes Bank and Indian Bank have put their loans to the airline in the high-risk category. Citing sources, agency reports had said, concerned about its cash flows, banks held talks with the airline, which has not so far defaulted on any loans.

Torrent Group has elevated Varun Mehta as a director of its power arm. The move comes 10 days after the induction of Aman Mehta into the board of its pharma company.

Premium writing instruments and lifestyle accessories brand William Penn has acquired the 110-year-old iconic writing instruments maker Sheaffer for an undisclosed amount. The transaction makes it one of the prominent US brand purchases by an Indian player.

The benchmark Saudi Contract Price for LPG (liquefied petroleum gas) rose by 203% from $236 per tonne to $725 per tonne between April 2020 and July 2022 but the price of 14.2 kg refills supplied to households for cooking increased 41.5% from Rs 744 to Rs 1,053 during this period, the government informed the Rajya Sabha on Monday.

Varun Mehta was on Monday appointed to the board of Torrent Power as a whole-time director, becoming the second third-generation family member to be elevated within a week in a clear succession plan at the Ahmedabad-based pharma-to-energy conglomerate with an estimated market cap of Rs 80,000 crore.

India could scrap a 40% duty on wheat imports and cap the amount of stocks traders can hold to try to dampen record high domestic prices in the world's second-biggest producer, government and trade officials told Reuters on Monday. India barred wheat exports in May after the crop suffered a heatwave, but domestic prices still rose to a record high.

Air India, IndiGo and SpiceJet reported 184, 98 and 77 incidents due to technical snags during the one year period till June 30, minister of state for civil aviation V K Singh said on Monday.

Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years.

Telecom operator Bharti Airtel on Monday reported an over five-fold rise in its consolidated profit to Rs 1,607 crore for the first quarter ended June 30.The company had posted a profit of Rs 283.5 crore in the year-ago period.

Adani Ports and Special Economic Zone (APSEZ) on Monday reported a 16.86 per cent decline in consolidated net profit to Rs 1,091.56 crore for the first quarter of the current financial year.

The long-awaited high-speed 5G services are expected to be rolled out in about a month, Minister of State for Telecom Devusinh Chauhan said on Monday.

Reliance Industries invested Rs 30,000 crore in its retail business and added 2,500 stores, taking the total storecount to 15,196 in FY22.

India could scrap a 40% duty on wheat imports and cap the amount of stocks traders can hold to try to dampen record high domestic prices in the world's second biggest producer, government and trade officials told Reuters on Monday.

In June 2020, Mukesh D Ambani voluntarily decided to forego his salary for the year 2020-21, in light of the Covid-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.

Sensex, Nifty trade flat amid mixed global cues; SBI falls 3%, Nykaa rises 3% post Q1 show

While the proposed framework is designed to protect investors and is therefore being welcomed by some, a few of the proposals by the Securities and Exchange Board of India could actually prove counterproductive and hurt liquidity.

From London to Hong Kong, large initial public offers (IPOs) have all but dried up across the world's major financial centres this year. But the market in China is bustling with activity.

After a gut-wrenching bout of turbulence and existential angst, digital-asset investors are back to focusing on the mood of the US stock market as a gauge of whether the worst might be over.

A new category of vehicle is set to hit the Indian roads soon, which can be used interchangeably both as a two-wheeler and three-wheeler.

The numbers may be small, but India has emerged as the fastest growing market globally for super sports carmaker Lamborghini as the Italian company - part of Germany's Volkswagen group - drives deeper into the country with new models.

Global crypto exchange Binance's CEO Changpeng Zhao and WazirX founder Nischal Shetty have been having a war of words on Twitter over the past three days over ownership of WazirX. While the former says it does not own WazirX, the latter insists it does.

Tata Passenger Electric Mobility, a subsidiary of Tata Motors, and Ford India, on Sunday signed a unit transfer agreement for the acquisition of Ford's manufacturing plant at Sanand for Rs 725.7 crore.

FPIs had turned buyers in July after nine straight months of heavy net outflows, which started from October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the Indian equity markets.

State-owned Indian Oil (IOC), Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) posted a combined loss of Rs 18,480 crore on holding petrol and diesel prices despite a rise in cost.

The recent raids on a crypto exchange and allegations of opaqueness around its shareholding and failure to do a KYC check is seen to be the latest blow to the efforts by market players to get a legislative framework.

ICICI Bank, Canara Bank, Bank of Baroda and Punjab National Bank have hiked their lending rates after RBI hiked the repo rate by half a percentage point. The rise in deposit rates, however, could be slower.

The report' titled 'Outbound Travel and Tourism - An Opportunity Untapped' by Nangia Andersen LLP in association with FICCI, highlights the up-and-coming Indian travel market and outline a framework for creating a more value for money experience for Indian tourists and travellers.

In the inaugural phase, Akasa Air, whose airline code is QP, will launch its operations by offering 28 weekly flights between Mumbai and Ahmedabad starting August 7, 2022. Subsequently, starting August 13, the airline will start operating an additional 28 weekly flights between Bengaluru and Kochi. Tickets for all are open for sale with immediate effect.

State Bank of India reported a net profit of Rs 6,068 crore for the quarter ending June 2022, a decline of 6.7% over Rs 6,504 crore in the corresponding quarter last year, due to provisions of over Rs 6,500 crore on its government bond portfolio following a rise in interest rates.