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IndiGo shares tumble! InterGlobe Aviation stock plunges 3% as CCI launches detailed probe

InterGlobe Aviation shares fell sharply on Thursday after Competition Commission of India (CCI) ordered initiating a detailed investigation into IndiGo over alleged unfair business practices. The stock dropped over 3% during the morning session. On the BSE, shares of the airline’s parent company slid 3.65% to Rs 4,782.45, while on the NSE they declined 3.63%…

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‘Limitless potential!’: Sergio Gor hails India-US ties; points to ongoing high level engagements

India and United States are going ahead with “high-level engagement,” US Ambassador to India Sergio Gor said on Thursday, pointing that Washington is ready to take the bilateral relationship further. “Engagement at the highest levels is currently happening. The United States is ready to elevate this relationship even further. Limitless Potential!” Gor wrote on Twitter….

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Asian stocks today: Markets trade in red as tech stocks tumble; Kospi falls 4%, Nikkei down 600 points

Asian markets opened lower on Thursday, after fresh losses in US technology stocks that weakened investor confidence across the region. Overnight losses on Wall Street weighed down sentiment, even as US stock futures showed modest gains. Hong Kong’s HSI was down 1.2% or 340 points to 26,506. In Japan, Nikkei shed 604 points to reach…

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Crypto awareness outscoring bonds disappoints Sebi chief

SEBI chief Tuhin Kanta Pandey (PTI photo) MUMBAI: Sebi chairman Tuhin Kanta Pandey Wednesday expressed his disappointment at the fact that more Indians know about cryptocurrency than about corporate bonds. “Sebi’s investor survey shows awareness of corporate bonds as an investment product is only about 10%, well below deposits, insurance, and small savings. Even cryptocurrency…

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