By Administrator_India Capital Sands The US government and 48 states have filed parallel lawsuits against Facebook, accusing the social media giant of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors. Soon after the Federal Trade Commission (FTC) and 48 state attorney generals on Wednesday sued the company, Facebook’s shares dropped significantly at …
By Administrator_ India Capital Sands Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic. The airline would also seek changes in conditions in its contracts …
By Administrator_India Capital Sands India is negotiating with 13 countries, including Australia, Japan and Singapore, to establish separate bilateral air bubble arrangements for international flight operations, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. Under a bilateral air bubble pact, airlines of both the countries can operate international flights with certain restrictions. Since July, India has …
By Administrator_India Capital Sands At least 30 people were injured in a grenade attack on a rally in Karachi on Wednesday, as Pakistan marked the first anniversary of India’s revocation of Kashmir’s semi-autonomy. The wounded were rushed to different hospitals, where one was in a critical condition, an official from the provincial health department said. …
By Administrator_India Capital Sands A border dispute between India and China – which turned deadly in June when troops of the two sides clashed – should not dominate relations between the nuclear-armed Asian powers, the Chinese ambassador to the United States said on Tuesday. “I don’t think this issue should dominate in relations between China …
By Administrator_India Capital Sands China lost at least 40 soldiers in a clash with India at their disputed border this week, a government minister has said, as the nuclear-armed countries remained locked in confrontation on the frontline on Sunday. China has not said anything about any losses in the hand-to-hand combat that took place in …
By Administrator_India Capital Sands India’s army said on Tuesday 20 of its soldiers had been killed in clashes with Chinese troops at a disputed border site, in a major escalation of a weeks-long standoff between the two Asian giants in the western Himalayas. India’s army said on Tuesday 20 of its soldiers had been killed …
By Administrator_India Capital Sands India’s Prime Minister Narendra Modi has received an invitation from U.S. President Donald Trump to attend the next Group of Seven summit, India’s Foreign Affairs Ministry said on Tuesday. In a telephone call, Modi told Trump New Delhi would be happy to work with the United States and other countries to …
