Business

Business

Crude dips but eyes weekly gain as US-Iran conflict stokes supply fears

Oil prices saw a slight decrease but are set for significant weekly gains. Renewed military exchanges between the United States and Iran kept crude supply concerns elevated. The conflict has delayed the reopening of the Strait of Hormuz, a critical energy chokepoint. Worries over slowing global demand and inflation are limiting sharper price rallies. Producer

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Business

Seller body drags Flipkart to CCI for unfair practices

The Forum for Internet Retailers, Sellers & Traders has filed a complaint against Flipkart with the Competition Commission of India. FIRST alleges Flipkart uses deep discounting and a fund reservoir to distort competition. This mechanism allegedly benefits preferred sellers and excludes smaller retailers from the marketplace. The complaint details how Flipkart’s practices impact independent sellers’

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Business

KKR-backed Lighthouse to buy Gurugram-based Pathways School

Lighthouse Learning Group is acquiring Pathways School Gurgaon for approximately Rs 1,500 crore. This transaction marks a significant deal within India’s school education sector. The school operates as a company, which may have influenced its valuation. Lighthouse Learning has recently acquired other educational institutions in the region. New owners might adjust costs and fees to

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