CCI approves acquisition of AirAsia India by Air India
Anti-trust regulator Competition Commission of India (CCI) on Tuesday said it has approved acquisition of entire shareholding in AirAsia India by Air India, a wholly-owned subsidiary of Tata Sons.
The two combined entities will have a 15.7 per cent share of India’s domestic passenger market. Read more
WPI inflation spikes to record 15.88% in May as heatwave stokes food prices
Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a spike in prices of vegetables