NCLT issues notice to SpiceJet over another unpaid operational debt

Financial Turbulence: SpiceJet's New Debt Default Crisis

The National Company Law Tribunal (NCLT) has issued a notice to the SpiceJet. The notice was issued in response to a plea by Techjockey Infotech Pvt Ltd, an operational creditor of the airline, seeking the initiation of corporate insolvency resolution proceedings against the beleaguered airline. Sep 24, 2024
Alcaraz leads Team Europe to laver Cup title

Carlos Alcaraz's Heroics Lead Team Europe to Laver Cup Glory

Spanish tennis sensation Carlos Alcaraz led Team Europe to a remarkable victory in the Laver Cup, held in Berlin this year. The young Spaniard's performance was instrumental in securing the team's fifth Laver Cup title, marking a significant milestone in the history of the tournament. Sep 23, 2024
Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea

Vodafone Idea Seals $3.6B Deal to Boost Indian Presence

Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea's footprint in the country. Sep 22, 2024
Oyo

Oyo's $525M Acquisition: A New Chapter in Global Hospitality

Boosting its international presence, Indian hospitality major Oyo's parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on Friday. Sep 21, 2024
Developers driving GDP growth in AI era

AI-Driven Developers Set to Boost Global GDP: GitHub CEO

AI is transforming software development, with India set to become the largest developer community globally by 2027. AI adoption could boost global GDP by over $1.5 trillion by 2030, according to GitHub CEO Thomas Dohmke. Sep 2, 2024