According to industry experts, the Indian Railway Catering and Tourism Corporation (IRCTC) can now apply with the Reserve Bank of India (RBI) for a license as a payment aggregator, BusinessLine reported.

IRCTC recently secured an approval from the Registrar of Companies, NCT, Delhi and Haryana to alter the Main Objects Clause of the Memorandum of Association and insert a new clause to act as a payment aggregator.

Air India has come a long way from its glory days, when it dominated the Indian skies. Today, IndiGo is India’s biggest airline by domestic market share. July data from the national aviation regulator showed that IndiGo commanded a 58.8 per cent share. Vistara, a Tata Sons-Singapore Airlines joint venture, was the second-biggest with a market share of 10.4 per cent. Behind IndiGo and Vistara was Tata-owned Air India with a 8.4 per cent market share.

The Tata Group, which took over Air India and Air India Express in January this year, has decided to remedy the situation.

The Adani Family, through Endeavour Trade and Investment Ltd ("BidCo"), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd.

The transaction involved the acquisition of Holcim's stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.

Reacting to Waqf Board chairman Amanatullah Khan's arrest, Delhi Deputy Chief Minister Manish Sisodia on Saturday accused the BJP of continuing with its "Operation Lotus" to "break" the AAP leaders.

Khan, Aam Aadmi Party MLA from Okhla, was arrested by the Anti-Corruption Branch on Friday in connection with alleged irregularities in the Delhi Waqf Board recruitment, officials said.

Union Minister Nitin Gadkari has said there is need to reduce logistics costs in the country, which is higher than that of China, the US and European countries.

The idea is to make waterways as a popular mode of transport for passengers and goods as this will help in bringing down the import cost of petrol and diesel, which is around Rs 16 lakh crore for the country annually, he said.

In an unusual move, Meta-owned WhatsApp is venturing into the film-making business and will premiere its first original short film titled 'Naija Odyssey' on Amazon Prime Video and YouTube.

The 12-minute short film tells the story of NBA player Giannis Antetokounmpo, who was born in Greece to Nigerian parents.

As the Indian government pushes for electric vehicle (EV) adoption and installing the public charging infrastructure, German industrial manufacturing major Siemens has stressed that it has proven capabilities to help the government realise its passenger EV mobility dream too.

The company is currently working on the commercial EV mobility side in India, working with leading players like Ashok Leyland's EV arm Switch Mobility.

Maharashtra's Food and Drugs Administration (FDA) on Friday cancelled the baby powder manufacturing licence of Johnson & Johnson Pvt Ltd "in the interest of public health at large".

In a release, the state government agency said the company's product, Johnson's Baby Powder, may affect the skin of newborn babies.

Adani Group's Chairperson and Indian billionare Gautam Adani surpassed Amazon's Jeff Bezos to become the world's second richest person. He is now only behind Tesla CEO Elon Musk, who remains the world's richest man with a networth of $273.5 billion, according to Forbes' real time data, LiveMint reported.

Adani's wealth surged to make him the second richest man in the world, led by a sharp rally in the Adani Group stocks.

India added 6,298 new coronavirus infections taking the total tally of COVID-19 cases to 4,45,22,777, while the active cases climbed 46,748, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 5,28,273 with 23 fatalities which includes four deaths reconciled by Kerala, the data updated at 8 am stated.

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