The letter cited other recent engine failures, including a December failure in Japan and the 2018 Southwest Airlines Flight 1380 failure of a CFM56-7B turbofan engine that led to the death of passenger after shrapnel shattered a window

Axis Entities have the right to acquire an additional stake of up to 7 per cent in Max Life, in one or more tranches, which they intend to acquire over the course of the next few years.

The case had emanated upon receipt of a letter from the Lok Sabha secretariat in January 2014 with a request to examine whether there is any evidence of cartelization in the airlines sector

Earlier in the day, the apex court had allowed the NCLT, Mumbai to continue with the proceedings but asked not to pass a final order on the amalgamation of Future Retail Ltd (FRL) with Reliance Retail

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As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

Amazon has also asked for restraining Future Retail from taking any steps to further the deal with Reliance until the final award is granted in the Singapore arbitration

The tribunal further stated that Amazon should not be a perpetual objector. It heard Future Group's appeal to convene a shareholder meet

Tata Steel's earnings before interest, tax, depreciation and amortisation (EBITDA) rose 160 per cent to Rs 9,540 crore, highest ever in a quarter.

There has been a sharp rise in steel prices since June and there have been complaints from various quarters against this.

Share of Future Group firm Future Retail gained 9.84% to Rs 80.40 on BSE. The stock has gained after 4 days of consecutive fall

Stock Market News Updates Today: Sensex hit a record high of 51,753 and the Nifty hit a record high of 51,753 in early trade today. Both benchmark indices have gained over 11% in seven straight sessions

The October-December quarter saw a significant acceleration of business recovery along sequential quarters as consumers started coming back to stores, the company said.

The Delhi High Court passed the interim direction on Future Retail's appeal challenging the February 2 order of the single judge, who had blocked Future Group's deal with Reliance Industries

Over 50 per cent of the food and grocery merchandise at the Future Retail stores are being supplied by JioMart, and the deal is an extended credit period

The court added that Chanda Kochhar got illegal gratification through her husband Deepak Kochhar through various companies by siphoning off money

On Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been objected to by US-based e-commerce giant, Amazon

Amazon, in its shareholders' agreement, had barred Future Coupon from selling its assets to 15 firms, including Reliance Industries. However, in August last year, Reliance Retail acquired a 30 per cent stake in Future Group businesses for Rs 24,000 crore, which started the row with Amazon

It was alleged that there were one-sided clauses in loan agreement and that housing finance banks were indulging in cartelisation by way of having same clauses. The complaint was filed by an individual