Top headlines: AI allowed to acquire AirAsia India; WPI inflation at 15.88%

Delhi's single-day Covid-19 infections breached the one thousand mark on Tuesday, with a positivity rate of 6.50 per cent and two fatalities, according to data shared by the health department here.

CCI approves acquisition of AirAsia India by Air India

Anti-trust regulator Competition Commission of India (CCI) on Tuesday said it has approved acquisition of entire shareholding in AirAsia India by Air India, a wholly-owned subsidiary of Tata Sons.

The two combined entities will have a 15.7 per cent share of India’s domestic passenger market. Read more

WPI inflation spikes to record 15.88% in May as heatwave stokes food prices

Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a spike in prices of vegetables