Air India A district consumer dispute resolution commission in Chandigarh recently ordered Air India to pay ₹50,000 as compensation to two senior citizens who were forced to sit on broken seats on an Air India flight from New York to

The Department of Telecommunications (DoT) has blocked about 140,000 mobile phones that were used for cybercrimes or financial frauds or were linked to disrupted mobile connections, the finance ministry said in a statement after meeting representatives of 12 stakeholders on

On Wednesday, the RBI said it has directed PPBL to stop onboarding new customers with “immediate effect”. The restrictions were imposed after a report by external auditors revealed “ongoing breaches and ongoing material regulatory concerns” at the bank. This is

NEW DELHI: Paytm Payments Bank was banned by the Reserve Bank of India (RBI) from accepting deposits/recharges to any customer accounts, wallets and FASTags February 29thallegedly due to non-compliance and regulatory concerns.“The comprehensive system audit report and the subsequent compliance

Shares of Indian wind turbine maker Suzlon Energy rose 3.7% to ₹44.53 after the company won an order to supply wind turbine generators (WTGs) for a 642 MW wind power project from an Evren company, ABC Cleantech Pvt Ltd. (ACPL),

Toyota Kirloskar Motor is temporarily stopping shipments of three models in India, namely Innova Crysta, Fortuner and Hilux, due to “irregularities” in diesel powertrain certification tests. On Monday, Toyota Industries Corporation, a company affiliated with Toyota Motor Corporation (TMC), announced

Japanese automaker Toyota Motor Corporation has suspended global shipments of 10 diesel-powered vehicles after an investigation found irregularities in performance testing. The carmaker's Indian subsidiary, Toyota Kirloskar Motor, has temporarily suspended deliveries of the Innova Crysta, Fortuner and Hilux. The

New Delhi: According to a termination notice reviewed by Reuters, Sony has abandoned the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet some financial terms of the deal and failed to

Korean electronics giant Samsung plans to start producing laptops at its Noida factory in India later this year, a senior company official said on Monday. Citing India as its key manufacturing hub, TM Roh, President of Samsung Electronics and Head

Ola Group's AI company Krutrim has become the first artificial intelligence unicorn from India after raising $50 million in a funding round led by Matrix Partners. What is a unicorn? Well, it's a private startup valued at over $1 billion.“Krutrim,