Hyundai-Kia’s $300 Mn investment in Ola faces CCI roadblock

Hyundai and Kia Motors’ $300 million investment plan in ride-hailing juggernaut Ola may not go smoothly as Competition Commission of India(CCI) has reportedly put a question mark on the nature of the deal. According to a report, the antitrust watchdog had asked Ola’s parent, ANI Technologies, to define the company’s competitive landscape. However, the company […]

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Panjab University VC faces flak for no comments on former chancellor felicitation

In the first Senate meeting after Vice-President Hamid Ansari’s tenure ended last month, Panjab University Vice-Chancellor Arun Kumar Grover on Sunday came under criticism for not making an official comment of felicitation for the former Chancellor of the university. Grover allegedly had avoided mentioning Ansari’s name even during the last month’s Syndicate meeting after which […]

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Starbucks Faces Protest Over Opposition to Immigration Ban

Starbucks (NASDAQ:SBUX) is once again the focus of President Donald Trump’s supporters after its CEO Howard Schultz announced on Sunday the chain will hire thousands of refugees and displaced immigrants both in the U.S. and around the globe. “We are developing plans to hire 10,000 of them over five years in the 75 countries around […]

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Adani approval faces Australia’s independent Federal court scrutiny nowadays

Mumbai: Australia’s Federal courtroom will start hearing on Tuesday the case of the lawfulness of its federalsurroundings minister Greg Hunt’s approval of the debatable $12 billion Carmichael coal mine undertakingof Indian infrastructure conglomerate Adani institution. In November, environment activist institution Australian Conservation foundation (ACF) had challenged in the federal courtroom the approval given to Adani […]

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