Private power firms withdraw applications from Allahabad High Court; considering to move SC

Private power companies including Essar Power, GMR Energy, KSK Energy and Rattan India have withdrawn their applications from Allahabad high court and are presently considering to approach the Supreme Court today. The companies had approached the high court on Friday seeking extension of deadline to refer their stressed power projects to insolvency court. The deadline […]

British Airways hack: UK flag carrier’s website suffers massive data breach; 380,000 payments affected

Financial and personal data has been stolen from potentially hundreds of thousands of British Airways customers who booked online in recent weeks, extending a run of embarrassing technological mishaps suffered by the UK flag carrier. The thefts occurred during a data breach that affected bookings made on the airline’s website and app between Aug. 21 […]