Tempus AI diagnostics CEO sells nearly $930k in stock

The government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross-ownership arrangements. Airports Authority of India received a waiver request for these contractual restrictions. This request is currently under examination by the Ministry of Civil Aviation. Incumbent airlines have voiced concerns about potential conflicts of interest.

While the ​quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the ​company’s mounting challenges.

Sales reported at Rs 0.27 crore