Top stories this eevening

Anshu Jain, ace banker and Deutsche Bank's ex-CEO, dies at 59

Anshu Jain, ace investment banker and former chief executive officer of Deutsche Bank, died on August 13, CNBC TV-18 reported. The 59-year-old, who was last serving as the president of Cantor Fitzgerald LP, has left behind his wife and two kids.

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In airline dogfight, fares drop except on certain routes

The two-plus year hiatus on price wars in the Indian skies has come to an end. As the government announced withdrawal of fare caps which have been in place since May 2020, airfares are nosediving in many sectors. This is likely to put an end to the regime of high air fares and squeeze profitability, putting financially weak airlines in a spot