Competition Commission plans to assess algorithms used by domestic airlines for ticket pricing to check for possible cartelisation, a top official said today amid instances of sharp fluctuations in airfares during peak demand. The watchdog, which keeps a tab on unfair business practices across sectors, has been looking into the issue after the Jat agitation…
New Delhi: The Delhi high court on Thursday asked Vedanta Ltd to approach the Centre under the revised March 2017 policy for an extension of its production sharing contract (PSC) with state-run Oil and Natural Gas Corporation Ltd for the Barmer block in Rajasthan which is set to expire on 14 May 2020.
London: Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp.
The US Transportation Security Administration is expressing “regret” after airport security demanded that Justin Trudeau’s industry minister remove his turban, sparking a Canadian government complaint.
Investors worried over losses in their investments in oil marketing companies (OMCs) can save some of the pain by investing in oil producers instead. Worries that rising oil prices will hurt the profitability and financials of OMCs have led to their share prices falling by 15-26 per cent in the past three months, versus a…
Shares of Welspun Enterprises have moved higher by 13% to Rs 174 per share on the BSE after the company said it has emerged as the lowest bidder (L1) for a National Highways Authority of India (NHAI) project in the state of Tamil Nadu.
The international nuclear agreement with Iran might not be the only deal U.S. President Donald Trump has unravelled.
NEW DELHI: India has scrapped a duty on solar modules, making it easier to import the products after a sudden change in customs policy last year led to a logjam of shipments at Indian ports.
MUMBAI: The government today said there is a great deal of interest for disinvestment of Air India, amid the deadline for submission of preliminary bids ending this month.
MUMBAI: Aviation minister Suresh Prabhu today sought cooperation from the US to locally produce civil and defence aircraft in the country.