International Financial News

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IndiGo will be soon launching the gender-neutral option of honorific 'Mx' for passengers at the time of booking tickets, as part of larger efforts to boost inclusivity. The low-cost carrier, which has a domestic market share of 62 per cent, aims to increase by two-fold the number of individuals with disabilities employed by it. The airline will be introducing the 'Mx' option at the time of booking for passengers and that will provide a choice for transgenders who do not want to identify themselves, Sukhjit S Pasricha, Group Chief Human Resources Officer at IndiGo, told PTI. At present, the only options available on the airline's website during the booking process are 'male' and 'female.'

Jindal Steel. He emphasised that the Cabinet has decided to implement the order issued on May 6, 2021, during the B S Yediyurappa-led BJP government, following a High Court directive on March 12, 2024. Karnataka Cabinet on Thursday gave its approval for executing an absolute sale deed for 2,000.58 acres of land at Kurekuppa and Toranagallu villages in Sandur taluk, and 1,666.73 acres of land at Toranagallu, Musinayakanahalli and Yerabanahalli, in favour of JSW Steel. JSW Steel will get 2,000.58 acres at Rs 1.22 lakh per acre and 1,666.73 acres at Rs 1.50 lakh per acre.

After Jen Roche, the architect of last year’s rebranding of the giant broker-dealer network Osaic, bolted this month to rival LPL Financial, more changes are coming for the company’s senior management team who report to CEO Jamie Price.

Americana Partners, the Texas-based independent RIA with $7.5 billion in AUA, has taken another major step in its push to appeal to affluent members of the international Latin American community.

Virat Kohli on Sunday hailed Shikhar Dhawan as one of India's most dependable openers, noting that while his fervour, sportsmanship and signature smile will be missed, his enduring legacy will forever resonate. The premier top-order batter, Dhawan announced his retirement from all form of cricket on Saturday. «Shikhar @SDhawan25 from your fearless debut to becoming one of India's most dependable openers, you've given us countless memories to cherish. Your passion for the game, your sportsmanship and your trademark smile will be missed, but your legacy lives on,» Kohli wrote on X.

In the budget for 2024-25, Union finance minister Nirmala Sitharaman had announced a comprehensive review of the Income Tax Act, aiming to make it concise, lucid and easier to understand.  

knife attack in Solingen, Germany that killed three people and wounded eight others at a crowded festival marking the city's 650th anniversary. The group said Saturday on its news site that the attacker targeted Christians and is a «soldier of the Islamic State» who carried out the assaults Friday night «to avenge Muslims in Palestine and everywhere.» The IS claim couldn't immediately be verified. No evidence for the group's assertions was provided.

The Accident on Netflix, creator Leonardo Padrón has sparked speculation about a potential second season of the popular Spanish-language series. The show, which debuted on August 21, 2024, has captivated audiences with its intense narrative centered around a community's response to a tragic event. In response to a fan's enthusiastic comment on Instagram, Padrón suggested that there could be hope for a continuation of the series. The fan, expressing a desire for more content, remarked, «I need a second season… Got me wanting it more… 10 chapters seemed not enough to me… for such a beautiful series.» Padrón's response, marked with a raised-hands emoji, indicated his own hopes for a renewal, as mentioned in a Pinkvilla report.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Justin Bieber, who rose to international stardom in 2010 with his hit Baby, has welcomed one of his own with his wife, Hailey Bieber (nee Baldwin).

The largest proposed grocery merger in U.S. history is heading to court

Premier Energies, a manufacturer of solar cells and modules, aims to raise ₹2,830 crore through an initial public offering (IPO) that is set to open on August 27. Of this, ₹1,291 crore will be generated from a fresh issue of shares, which will be used for capacity expansion. The remaining will come from an offer for sale by the promoter and private equity investors. After the proposed IPO, the promoter's stake in the Hyderabad-based company will decrease to 66% from 72%. The company's earnings are expected to benefit from the government's push to increase the share of renewable energy in the installed energy capacity, which is projected to reach 500 GW by 2030 from 172 GW now. A significant contribution is anticipated from solar power. India's installed solar capacity has grown nearly fourfold in the last six years and is expected to reach nearly 200 GW by FY28.

NFRA), in collaboration with the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), is urging the Institute of Chartered Accountants of India to update a crucial accounting standard to align with revamped international norms, addressing a gap that has existed for over two decades, ToI reported on August 26. On Monday, the NFRA board will deliberate on updating SA 600 to match the International Standard on Auditing 600 (ISA 600), which has undergone revisions in 2009 and 2023. This move follows the NFRA's observation of discrepancies in various cases, including those involving Reliance Capital, IL&FS, DHFL, and Café Coffee Day. The NFRA, responsible for overseeing auditors and audit firms of large and listed companies, initiated discussions in May to update these standards, aiming to close the regulatory gap. Sources have indicated that SA 600 has been particularly contentious. While some chartered accountants argue that smaller firms might be adversely affected, regulatory sources insist that protecting small investors' interests is paramount.

It's not clear whether Anna McFadzean, a London School of Economics student and summer intern at Lazard, has converted her 2024 internship into a full-time job offer. Nor is it clear whether Arshiya, an intern in the FIG team, has. However, Lazard has featured them both in the day in the life video below. It illustrates why summer internships in investment banking jobs aren't always the reliable routes to first jobs that they used to be.

NASA's announcement Saturday that it won't use a troubled Boeing capsule to return two stranded astronauts to Earth is a yet another setback for the struggling company, although the financial damage is likely to be less than the reputational harm. Once a symbol of American engineering and technological prowess, Boeing has seen its reputation battered since two 737 Max airliners crashed in 2018 and 2019, killing 346 people. The safety of its products came under renewed scrutiny after a panel blew out of a Max during a flight this January. And now NASA has decided that it is safer to keep the astronauts in space until February rather than risk using the Boeing Starliner capsule that delivered them to the international space station. The capsule has been plagued by problems with its propulsion system.

Chandrayaan-3’s historic landing near the Moon’s south pole, solidifying India’s status as a leading spacefaring nation. This achievement has transformed global perceptions, but also spurred significant investment in India’s thriving space sector. Suraksha P examines the current investment trends and developments. Did Chandrayaan-3’s success attract investments for the Indian space sector? “The government had already laid the groundwork through policy reforms and the creation of IN-SPACe to actively encourage private sector participation. However, Chandrayaan-3 provided a decisive push that captured the world’s attention, significantly amplifying investor interest in the rapidly growing space sector,” Pawan Goenka, Chairman, IN-SPACe.

India's telcos have set 3-year deadline to grab a 10% share of all future 6G-related global patents filings and also make a sixth of contributions towards development of global telecom standards. The proposal came up during a meeting of the telecom department's advisory panel with telcos that was chaired by communications minister Jyotiraditya Scindia Friday. «India has already taken various initiatives like launch of Bhart6G Vision and Bhart6G Alliance, patent and IPR support framework, commissioning of testbeds, and the country can aspire for achieving 10% of all 6G patents and 1/6th contributions to global standards promoting India's needs,» the communications ministry said in a statement Saturday.

Shikhar Dhawan announced his retirement from all forms of cricket two years after he last donned the national jersey, saying that he leaves the scene a content man after representing the country in all three formats. The 38-year-old made his international debut in 2010 in an ODI against Australia in Visakhapatnam and his last India game was also a 50-over match, against Bangladesh in 2022. «As I close this chapter of my cricketing journey, I carry with me countless memories and gratitude. Thank you for the love and support! Jai Hind!,» Dhawan said in a post on 'X'.

Robert F. Kennedy Jr. suspended his independent campaign for president Friday and endorsed Donald Trump, a late-stage shakeup of the presidential race that could give the former president a modest boost from Kennedy’s supporters.