Top 10 biz headlines: IndiGo's EGM, Chinese influx threat to auto, and more

From Tatas and AirAsia in talks to sort out no-compete rule to job incentive fraud, here are the top 10 business headlines for the day

Tatas, AirAsia in talks to sort out no-compete rule, signed for their JV

The Tata group’s holding company, Tata Sons, and Air Asia —owned by Malaysian businessman Tony Fernandes — are in talks to sort out differences that cropped up between the two groups over the non-compete clause signed for their joint venture, AirAsia India. Read more.

Shareholders reject Rakesh Gangwal's special resolution at IndiGo's EGM

The special resolution proposed by IndiGo co-promoter Rakesh Gangwal was defeated in the company’s action-packed Extraordinary General Meeting (EGM) on Wednesday. The resolution has not been passed as only 48.56 per cent of the