BUSINESS

Nifty in choppy trade as geopolitical tensions weigh
IANS -
After opening with a negative note, the market slipped into further weakness soon after the opening. It later showed minor upside recovery from the lows, but was not able to sustain the recovery towards the end, he said.
Oil prices rise on Middle East tensions
IANS -
Investors are concerned that the Israel-Hamas war could spark a wider conflict in the oil-rich region and further tighten global supply, CNN reported.
After Zomato, now Swiggy increases platform fee to Rs 3 for food orders
IANS -
A Swiggy spokesperson on Monday told IANS, that "there has been no significant change on platform fee, which is applied by most service players and is a common practice across industries".
RBI’s intervention in unsecured loans could hurt growth of banks, NBFCs
IANS -
Post Covid-19, most lenders have turned pro-risk and, in the quest to accelerate growth/profitability, are chasing unsecured loan growth, including PL, Cards.
Vizhinjam Port will emerge as largest private port in Kerala: Karan Adani
IANS -
“This project -- the development of the Vizhinjam International Deepwater Multipurpose Seaport -- has been the most challenging project that we have ever taken on and executed,” Adani said speaking at the inauguration of the Vizhinjam port.
Hyundai, Kia sell over 2 lakh eco-friendly cars in US from Jan-Sep
IANS -
The two automakers have sold a combined 213,270 eco-friendly cars in the U.S. in the first nine months, up 61.6 per cent from the 131,986 logged over the same period last year.
Flipkart’s festive sales saw a record over 1.4 bn customer visits
IANS -
Flipkart’s kirana partners delivered over 4 million packages in the first 4 days of TBBD 2023. The company said that seller success reached new heights with 2 times “crorepati seller growth over TBBD 2022”. 
Air India Express flight diverted to Karachi due to medical emergency
IANS -
According to an Air India Express spokesperson, the incident occurred when a passenger on board the Dubai-Amritsar flight experienced a severe medical complication during the journey.
IRDAI rejection raises more questions for Hinduja led IIHL on source of funds for RCAP acquisition
IANS -
In a letter to IIHL, the Reliance Capital Administrator has asked the successful resolution applicant, IIHL to to share the final executed change in control application with the insurance companies, along with the source of funds and the business plan which do not contemplate the creation of pledge over the shares of RGIC and RNLIC, for onward submission to IRDAI.
Strained relations between Air India’s senior pilots & management: A deep dive into issues
IANS -
Since Tata Sons took over Air India, the relationship between the airline's pilots and the new management has hit an all-time low. It is no secret that senior pilots have often struggled to find a sense of belonging within the organisations they serve, given the unique nature of their profession.
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