Delhi HC dismisses Turkish-based Celebi's plea against revocation of security clearance
The Delhi High Court rejected Celebi Ground Handling India's appeal. The appeal challenged the central government's choice to revoke its security clearance. Justice Tejas Karia noted similar pleas were previously dismissed. Earlier, the court dismissed pleas from other Turkish-based Celebi firms. These firms contested the Bureau of Civil Aviation Security's revocation of their security clearance.
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First Post
7 minutes ago
- First Post
Perplexity offers $34.5bn for Google's Chrome in bid to challenge search dominance
San Francisco-based Perplexity, valued at about $18bn, said large venture capital funds had agreed to fully finance the deal. The offer falls within analysts' estimates of Chrome's enterprise value, which range between $20bn and $50bn A Google logo is seen at a company research facility in Mountain View, California, U.S. Reuters Artificial intelligence start-up Perplexity has made an audacious $34.5 billion offer to buy Google's Chrome browser, positioning itself as a willing acquirer should a US court order its sale to curb Google's grip on the search market. The proposal, disclosed to The Wall Street Journal, comes as US District Judge Amit Mehta weighs remedies after ruling last year that Google illegally monopolised search. Mehta is expected to decide this month whether to force structural changes, including the possible divestiture of Chrome, which has 3.5bn users and controls over 60 per cent of the global browser market. STORY CONTINUES BELOW THIS AD Offer well above Perplexity's own valuation San Francisco-based Perplexity, valued at about $18bn, said large venture capital funds had agreed to fully finance the deal. The offer falls within analysts' estimates of Chrome's enterprise value, which range between $20bn and $50bn. In a letter to Google chief executive Sundar Pichai, Perplexity said the bid was 'designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator.' It added it would continue to maintain Chromium, the open-source platform underpinning Chrome, and keep Google as the default search engine, though users could change settings. Google resists forced sale Pichai has argued that selling Chrome or sharing user data would harm Google's business, undermine investment in new technology and create security risks. During testimony earlier this year, he said such measures could weaken the browser's development. The Justice Department's 2020 antitrust lawsuit against Google has also raised other potential remedies, including limits on default search deals with device makers and requirements to share data with rivals. Google has proposed less sweeping changes, such as modifying its exclusive agreements with Apple, Mozilla and Android partners. A signal to the court Analysts suggest Perplexity's offer may be intended to show Judge Mehta there is a credible buyer for Chrome, strengthening the case for a divestiture. While legal experts say a forced sale remains unlikely, Mehta has described it as potentially 'cleaner and more elegant' than behavioural remedies. Founded in 2022, Perplexity recently launched its own browser, Comet, to a subset of users. The company is already entangled in legal disputes with two subsidiaries of News Corp, which have sued over alleged copyright infringement. The ruling, expected within weeks, could shape the future of both the search and browser markets— and determine whether Perplexity's multibillion-dollar offer ever moves beyond the proposal stage.
Time of India
an hour ago
- Time of India
Maha cabinet approves Rs 18 crore to make air travel from Solapur to Pune & Mumbai feasible
Kolhapur: The state cabinet approved Rs 18 crore to ensure air travellers from Solapur can travel to Pune and Mumbai at a subsidised rate of Rs 3,240 per seat, covering 100% of the operational cost of the service. The refurbished Solapur airport commenced flight operations with the Solapur-Goa route. However, despite several efforts, airline operators were hesitant to provide regular air services from Solapur to Mumbai and Pune, citing unaffordable ticket prices as the airport is not included in the Ude Desh Ka Aam Nagrik (UDAN) scheme for regional connectivity. To make air travel between Solapur and Pune and Solapur and Mumbai viable, state govt decided to grant a subsidy per seat to offset operational losses and make air travel affordable for people. "For one year, govt will provide a viability gap funding subsidy of Rs 3,240 per seat with a total budget of Rs 17.9 crore. After one year, the airport will come under the UDAN scheme and, thereafter, the state will grant 20% of the travel fares as per the UDAN scheme guidelines, and the viability gap funding will cease to exist," said the cabinet decision. A Goa-based airline currently operates flights on four days of the week — Monday, Friday, Saturday, and Sunday — from the Solapur airport. The flight lands at Mopa airport. A senior airport official said, "The discussions are on with other private air service providers to start services for connecting flights between Solapur, Pune, and Mumbai. The mid-size airplane (60 seater) will be deployed along the routes." Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
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Business Standard
an hour ago
- Business Standard
Tariff turbulence: Tanned hides, tug toys, trade sacks on Trump tightrope
The second in a series focuses on Kanpur's leather hub, pet goods makers, and FIBC exporters walking a fine line under the weight of 50% US duties Kanpur Listen to This Article On an overcast and muggy Friday afternoon, this reporter was walking towards the office of Mohammed Saif, owner of Bestochem, a Kanpur-based company that supplies chemicals for curing and manufacturing leather at tanneries in the city and nearby Unnao. We had just shaken hands and sat down in his modest one-room office to discuss the possible impact of the US' 50 per cent tariff on leather exports when he said, 'Aap galat waqt pe aaye hain' (You have come at the wrong time). This reporter was puzzled. As the mind raced to find reasons why this was a bad time
