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Meta loses bid to push US FTC into court on privacy deal
November 29, 2023
|Mint Mumbai
The US Federal Trade Commission can move forward with revisions to Meta Platforms Inc.'s 2020 privacy settlement after a judge denied the social network's bid to force the agency into court.
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US district judge Timothy Kelly in Washington ruled on Monday that the federal court didn't have jurisdiction over the FTC settlement with the parent company of Facebook and Instagram. Meta shares fell as much as 1.2% to $334.35 on the news. The company said it was
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Mint Mumbai
PayMate pulls plug on West Asia operations
The Visa-backed B2B payments firm is scrambling to raise more funds
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November 20, 2025
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Exide's dual bet: Can lithium-ion offset a weakening core?
Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.
1 mins
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Fractal Analytics bets heavily on R&D in AI race before IPO
Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.
2 mins
November 20, 2025
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Bajaj Auto secures KTM majority stake
Bajaj Auto Ltd on Wednesday announced the completion of acquisition of a majority stake in Austrian motorbike maker KTM following receipt of necessary approvals from European regulators for its €800-million transaction.
1 min
November 20, 2025
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Adani wins approval for Jaiprakash takeover
Billionaire businessman Gautam Adani-promoted Adani Enterprises said on Wednesday that the creditors of the bankrupt infrastructure firm Jaiprakash Associates have approved its takeover proposal.
1 min
November 20, 2025
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BSNL dials vendors for a fix as regulator flags weak signal
State-owned Bharat Sanchar Nigam Ltd (BSNL) has flagged weak transmission signals at thousands of its new 4G towers—an issue behind call drops and slower data speeds—at a time when the operator is attempting a long-awaited turnaround backed by the government's successive revival packages.
1 mins
November 20, 2025
Mint Mumbai
India seeks vessels to ship West Asia crude
A surge in bookings for oil tankers to bring cargoes from West Asia to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives.
1 min
November 20, 2025
Mint Mumbai
Liquor firms press Telangana for dues
The alcohol industry has urged Telangana to clear $337 million dues to avoid supply shortages.
1 min
November 20, 2025
Mint Mumbai
QSR chains go upmarket in face-off with gourmet brands
For long, western fast-food chains operating in India have focussed on low prices and localized fare to grow in scale and scope. But now, they are increasingly turning to premium bases and ingredients as competition from high-end gourmet pizza and burger brands shows that there are better profits to be harvested.
2 mins
November 20, 2025
Mint Mumbai
Air India lobbies to use airspace over China’s Xinjiang
India-China flights resumed after a five-year hiatus.
1 mins
November 20, 2025
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