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Tuesday, March 5, 2024

AI-Vistara merger gets approval from Singapore panel

The Competition and Consumer Commission of Singapore has conditionally approved the merger of Vistara into Air India, with SIA and Tatas holding stakes. The merger raises competition concerns on routes between Delhi, Mumbai, Chennai, Tiruchirapalli, and Singapore due to potential price and capacity coordination and the parties' substantial market share.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A1svcrV

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...