AirAsia likely to exit India ops, end JV with Tatas

CCI Clears AIPCF’s 13% Stake Buy in Perseus Parent

The Competition Commission of India (CCI) has approved a proposed investment wherein AIPCF VIII A-TE Funding L.P. will acquire approximately 13 per cent of the limited partnership interests in Perseus Parent L.P.AIPCF VIII A-TE Funding L.P. (the Acquirer) is a newly incorporated special purpose vehicle that will operate as an investment fund. At present, it has no existing investments or independent activities. The Acquirer is part of the American Industrial Partners group, a private equity firm with a strong focus on operationally oriented investments in sectors such as transportation, logist..

CCI Approves Thriveni Demerger and Lloyds Stake Acquisition

The Competition Commission of India (CCI) has approved a combination involving the demerger of the Mining Development and Operations (MDO) business of Thriveni Earthmovers Private Limited (TEMPL) into Thriveni Earthmovers and Infra Private Limited (TEIPL), along with a significant stake acquisition by Lloyds Metals and Energy Limited (LMEL).As per the approved structure, TEMPL will transfer its MDO business—spanning exploration, mine development, mining, beneficiation, and logistics of iron ore, coal, baryte, and manganese—into TEIPL. Subsequently, LMEL will acquire approximately 79.82 per..

HGS Launches AI-Powered Digital CX And Data Innovation Hub in Waterloo

Hinduja Global Solutions Limited (HGS) has opened a new AI-powered digital customer experience (CX) and data innovation centre in Waterloo, Ontario, Canada. The centre, launching on May fifteenth, 2025, aims to enhance customer engagement through AI-driven automation, analytics, and cloud-based solutions.This expansion supports HGS’s commitment to digital transformation and will initially create up to one hundred and fifty jobs. Roles will include positions in automation, data analytics, artificial intelligence, IT support, bilingual customer experience agents, talent management, human resou..