World Updates

Byju Raveendran was held personally accountable for more than $1 billion after the US Bankruptcy Court in Delaware modified its earlier default judgment against him. The court’s ruling, which was prompted by Raveendran’s application to amend the verdict, recognizes that damages were never officially decided. In January 2026, a new stage of the legal process … Read more

According to persons with knowledge of the situation who spoke to Moneycontrol, Tata International Limited (TIL), whose funding requirements were a cause of contention amongst the trustees of Tata Trusts a few months ago, is seeking up to Rs 950 crore to pay back bonds that are scheduled to maturity at the end of December. … Read more

Manish Tiwary, who took over as Chairman & Managing Director of Nestle India in August, has made increasing the company’s giant brands’ penetration and increasing productivity via the use of technology his primary priority. The packaged food giant, whose brands were previously thought to be mostly urban-focused, is now concentrating on making a significant push … Read more

As it gets ready to employ around 900 pilots over the course of the next year—an expansion the airline has never undertaken before—IndiGo, the biggest airline in India, is confronting one of the worst staffing issues in its history. Even in its strongest growth years, IndiGo has never carried out a cockpit ramp-up of this … Read more

A renewable energy generating station (REGS) operating with or without an energy storage system (ESS) can now become an entity with solar hour access for a longer length of time, according to the Central Electricity Regulatory Authority (CERC). Solar Hour Access Rules This expansion also applies to renewable hybrid generating stations (RHGS) that combine solar … Read more