IndiGo operations: Airline announces flights connecting Kolkata and Bihar’s Purnea; marks 94th domestic destination

IndiGo on Tuesday announced the launch of direct flights connecting Kolkata and Purnea in Bihar, with operations beginning on September 15. The airline will operate thrice-weekly flights on the route, making Purnea its 94th domestic and 137th overall destination. The flights, to be operated with ATR aircraft, will mark the inauguration of the Purnea airport….

Read More

Big blow for Indian IT soon? Trump administration’s HIRE Act sends jitters; likely 25% tax on jobs sent overseas sparks concern

Industry experts caution that the passage of this Bill could lead to further spending reductions by US clients. The Donald Trump administration’s potential move to impose a tax on jobs outsourced outside the US have sent jitters in the Indian IT sector. The potential introduction of legislation by a Republican senator to impose taxes on…

Read More

Altmin becomes first Indian project to be listed with MSP

HYDERABAD: Battery materials and supply chain player Altmin Private Ltd’s proposed $250 million (approx Rs 2200 crore) greenfield lithium refining project in Brazil has become the first project from India to be listed with the Minerals Security Partnership (MSP).MSP is a US-led alliance of 14 countries and the European Commission that focuses on securing and…

Read More

Rupert Murdoch succession battle: Eldest son Lachlan to control media empire; siblings to get $1.1 billion payout each

Robert Murdoch (AP file photo) and son Lachlan Murdoch (Photo from Fox corporation website) Rupert Murdoch’s family has finalised succession arrangements that hand control of his media empire to eldest son Lachlan Murdoch, ensuring Fox News retains its conservative direction. 94-year old Murdoch, an Australian-born American tycoon, built one of the world’s largest media groups,…

Read More