Latest Company News Today: Live Updates on October 13, 2024

The latest company news today brings a spotlight on Ola Cabs as the Competition Commission of India (CCPA) has issued an order to the aggregator regarding refund options and auto ride invoices. This move aims to provide consumers with more flexibility, as the current practice of issuing vouchers often compels them to use Ola’s services again, even if they do not wish to book another ride.

In other news, several companies are gearing up to declare their July-September quarter results this week, including HCL Tech, Bajaj Auto, RIL, and Axis Bank. Investors and analysts are eagerly awaiting these results to gauge the performance of these companies in the current economic landscape.

Meanwhile, Air India has joined the Diwali flight sale bandwagon, offering festive discounts on tickets to attract customers during the holiday season. This move comes as full-service airlines aim to compete with low-cost carriers by offering competitive pricing and attractive deals to travelers.

On the technology front, Reliance Jio is reportedly lobbying against TRAI’s allocation method for home satellite broadband spectrum, sparking a new face-off with Elon Musk’s Starlink. The telecom regulator’s decision to allocate spectrum without auctioning it has raised concerns among industry players, leading to a potential showdown between the two telecom giants.

Overall, the corporate world is abuzz with various developments and strategic moves that are shaping the economic landscape. Stay tuned for more updates on the latest company news to stay ahead of the curve in the rapidly changing business environment.