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Corporate affairs ministry exempts aviation from IBC's moratorium clause

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB

To merge Fintech for capital infusion in the bank, lower promoter stake

Fintech unicorn Slice announces merger with North East Small Finance Bank

Deal will give customers access to a broad range of products and omnichannel offerings, say companies

Uganda Airlines launches non-stop Mumbai service, first in over 5 decades

The airline said India and Uganda are getting connected with a direct flight for the first time in over five decades

PayU India CEO Anirban Mukherjee elevated to global CEO position

PayU's GPO business contributes around 30 per cent of its overall revenues

UPI-based ATMs will not replace conventional ATMs; both will co-exist

An ATM solely dedicated to UPI-based cash withdrawals simplifies the machine's hardware components

JKC infuses Rs 100 crore for revival of Jet, eyes resuming ops in 2024

Completes commitment to invest Rs 350 crore

Amazon Pay eyes expansion with more bank, card network partnerships

Launched in October 2018, Amazon Pay's co-branded credit card is in association with ICICI Bank and utilises Visa as the card network

Fintech firm CRED launches vehicle management platform 'CRED Garage'

The feature will be available within the CRED app

Bombay HC allows Akasa Air to proceed with suit against former pilots

Rejecting the pilots' plea, the court stated that the cause of action, including the act of resignation, fell within its jurisdiction

Avg ticket size on UPI dips 10%, rises 22.6% on cards in H12023: Report

The ATS of P2M transactions dipped 21 per cent from Rs 839 in H1 2022 to Rs 659 in H1 2023

Bombay HC reserves order on plea maintainability in Akasa-pilot matter

The order, which will now be pronounced on 27 September, will decide if the troubled airline can proceed with the case before the Bombay High Court

Not against DGCA or MoCA, want clarity on pilots' notice period: Akasa Air

The airline has faced heat following the abrupt exit of its 43 pilots who did not serve their mandatory notice periods

Mumbai airport to shut runways on October 17 for maintenance work

The airport's runways were shut for six hours as a part of its annual monsoon contingency plan on May 2 this year

India-Canada standoff: Anxiety builds among students, travel companies

Several education consultancy agencies said they are getting panic calls from students and parents, who have already registered themselves

Akasa Air approached Bombay HC to save court fees: Pilot's counsel

He argued that the move to choose Bombay HC over Delhi HC is to 'reap the maximum payable amount'

Confident of overcoming crisis: Akasa Air pilots contradict airline

The airline's pilots said they were not worried about the airline shutting shop anytime soon

Former Akasa pilots challenge maintainability of lawsuits filed by airline

The pilots contend that since their employment contracts were signed in Delhi, the case should fall under the jurisdiction of the Delhi High Court

FACE adopts new code of conduct to strengthen customer protection

The association applied to become an SRO with the Reserve Bank of India (RBI) in January last year

Mumbai airport recorded 32% increase in passenger traffic in August

The airport noted that it had observed a 108 per cent recovery in passenger traffic in August 2023 compared to the pre-pandemic level in August 2019