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Vedanta Share Price Drops by 13.50% in Four Consecutive Sessions

Vedanta Share Price Drops by 13.50% in Four Consecutive Sessions

Vedanta’s share price has been declining for the past four sessions. Today, it opened lower for the fourth consecutive day, dropping by around 13.50% to ₹261.95 apiece on NSE. Stock market experts attribute this to negative sentiment caused by Vedanta’s failed acquisition of state-owned Hindustan Zinc and the sharp rise in the US dollar that …

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Air India Makes Historic Deal to Buy 500 New Aircraft from Airbus and Boeing

Air India Makes Historic Deal to Buy 500 New Aircraft from Airbus and Boeing

Tata-owned Air India has made the largest deal in aviation history by buying 500 new aircraft from Airbus and Boeing. The deal is valued at over $100 billion and includes 250 Airbus and 220 Boeing aircraft. The new aircraft will be delivered over the next eight years and will help modernize the airline’s aging fleet. …

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ICICI Bank and Videocon Group executives charged in loan fraud case

ICICI Bank and Videocon Group executives charged in loan fraud case

The Central Bureau of Investigation (CBI) in India has arrested and charged three individuals with a loan fraud case involving ICICI Bank and the Videocon Group.  The individuals, Chanda Kochhar (former CEO and MD of ICICI Bank), her husband Deepak Kochhar, and Venugopal Dhoot (founder of the Videocon Group), have been accused by the CBI of conspiracy and corruption in connection with ICICI Bank’s approval …

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