India
IndiGo faces India antitrust scrutiny after mass flight cancellations
Disruptions highlight risks of the 90% IndiGo-Air India duopoly in India’s air market[NEW DELHI] India’s competition regulator said on Thursday (Dec 18) it was reviewing allegations of antitrust violations...
India insurance move opens pension firms to 100% foreign holding
The move comes amid a surge in foreign investment in Indian banks and deeper reliance on Indian tech hubs[NEW DELHI] India’s move to lift investment caps on the insurance...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Air India to resume flights to China after nearly six years
[NEW DELHI] Air India said on Monday (Nov 17) it will resume New Delhi-China flights starting February 2026, nearly six years after suspension, as recent diplomatic steps are seen...
Nomura said to probe if profits inflated at India bond desk
[MUMBAI] Nomura Holdings is investigating its India fixed-income business, asking senior officials in its rates division to determine whether profits were inflated in recent years, according to sources familiar...
Luxury houses eye India, but barriers remain
The country, with 1.4 billion people, offers “a promising market, but still a complicated one”[MUMBAI] The globe’s biggest luxury brands have dreamt of India’s vast consumer base for decades,...
SoftBank’s Graphcore plans £1 billion chip investment in India
The US’s tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing[LONDON] Graphcore, the British chip designer owned...
India tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time...
Apple’s India sales hit record US$9 billion after big retail push
[NEW DELHI] Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the...
Air India Captain Handed Plane’s Control to First Officer? Conversation Between Pilots Revealed in ‘Black Box Recording’ Adding Fuel to Wild Theory
The captain of Air India Flight 171, which crashed in Ahmedabad last month claiming 241 lives, handed control of the aircraft to the first officer before takeoff, sources have...