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Tuesday, June 29, 2021

After Cairn, Devas sues Air India to recover $1.5 billion award

Shareholders in Devas Multimedia have sued Air India in an effort to recover sums Devas won in arbitration awards against the Indian government and seize its flagship carrier's foreign assets, according to a US district court filing.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UdNRxm

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...