15 C Business News
View News by News Source
DGCA issues show-cause notice to IndiGo CEO Pieter Elbers, seeks reply in 24 hours
Govt says CEO responsible for effective operations
Air India is offering relief to travelers affected by IndiGo flight cancellations. The airline announced a special waiver on change and cancellat
DGCA serves showcause notice to IndiGo CEO Pieter Elbers
The CEO has to respond to the showcause notice within 24 hours on why appropriate enforcement action should not be initiated against you, placing
IndiGo cancellations: How to track flight & refund status online; step-by-step guide
IndiGo is recovering from massive flight cancellations, operating over 1500 flights today after a Friday with 1600 disruptions. New pilot duty ru
IndiGo fiasco: 87% flyers back class action under Consumer Protection Act, says survey
A survey reveals that 87% of IndiGo passengers desire their service issues to be addressed under the Consumer Protection Act's Class Action provi
India's Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek alternatives. Despite pressur
Clean energy surge: India adds record 31.25 GW non-fossil capacity this year, says Pralhad Joshi
India has achieved a record 31.25 GW of non-fossil power capacity addition this financial year, with solar power leading the surge. The nation's
TN to sign 91 MoUs worth 36,660 crore on Sunday at TN Rising Conclave, Madurai
The MoUs will generate 56,766 new jobs, according to a government press release
IndiGo's nationwide operational crisis continues into its fifth day with over 800 flights cancelled. The government has imposed fare caps, ordere
C&I segment to create demand for renewable energy capacity in eastern India by 2030: Panel
Supply of first batch of 40,000 Negev LMGs to Army early next year, Israeli firm CEO
PLR Systems, a joint venture between Israel Weapon Industries and Adani Defence & Aerospace, will execute the contract as the LMGs are being co-p
Maharashtra sets world record for fastest solar pump deployment
With more than 7.47 lakh solar pumps already installed and a target of 10.45 lakh, Maharashtra is now at the forefront of Indias agricultural ren
Dubai Sports City, GMR Sports to set up Olympic sports training centre
The two organisations will sign a memorandum of understanding with the Telangana government during the Telangana Rising 2047 Global Summit schedu
Horizon Industrial Parks scales up to become South Indias largest logistics parks developer
Blackstone firm set to scale to 60 million sq. ft portfolio across India of which 24 million sq. ft is spread across Southern States
India rapidly progressing in field of science and technology: Shubhanshu Shukla
Stating that Indias first astronaut Wing Commander Rakesh Sharma was his inspiration and courage, Shukla expressed confidence that many more Indi
Sunil Munjals serendipitous detour into storytelling and the cultural economy
A new book and the Brij incubator for start-ups in arts and culture are the big announcements at Serendipity Arts Festival this year
Volkswagen capex recalibration: Automaker pares 2030 investment to $186 bn; China, US headwinds grow
Volkswagen Group is scaling back its investment plans to 160 billion through 2030, citing pressure in China and the US. CEO Oliver Blume emphasiz
Cancellation Fallout: Centre caps airfares, directs IndiGo to clear all pending refunds
Government invokes regulatory powers to prevent opportunistic pricing as passengers face widespread disruption
US negotiating team to visit India on Dec 10 to take forward trade talks
US has to respond to some tentative offers made by India in the meeting in Washington in October, say sources
VPA sets a new benchmark in cargo throughput, handles 60 million tonne of cargo 249 days of FY26
On course to reach the annual target of 90 million tonne in FY26
Power as currency: Experts says data centre growth lifts demand; India poised for global leadership
India's burgeoning data center and AI sectors, coupled with surplus electricity capacity and power distribution reforms, are positioning the nati
India, US trade team to start three-day talks from Dec 10: Sources
The visit is crucial as India and the US are working to finalise the first tranche of the pact
FIIs sold 11,820 crore in the first week of December, continuing heavy 2025 outflows, but strong DII inflows offset the pressure. Rupee depreciat
Nifty ends flat as resistance holds; cautious optimism likely for coming week
Nifty traded range-bound, closing nearly flat despite an RBI rate cut, as resistance near 26,300 capped gains. Weak market breadth and muted broa
ICICI Prudential AMC sets Rs 2,0612,165 price band for its Rs 10,603 crore IPO
ICICI Prudential Asset Management Company has set the price band for its Rs 10,603 crore initial public offering (IPO) at Rs 2,061 - Rs 2,165 per
Air India says economy fares capped since Thursday, explores capacity addition
SpiceJet has said it plans to operate hundred extra flights over the next few days
Finance Minister Nirmala Sitharaman plans a major customs reform. This initiative aims to simplify compliance and increase transparency. These ch
IndiGo crisis: Centre orders cap on domestic fares; check price details
Aviation Ministry has imposed emergency fare caps on domestic flights to combat soaring ticket prices following widespread cancellations by a maj
ICICI Prudential AMC IPO price band fixed at 2,061-2,165 a share
The bidding for anchor investors will open on December 11 and retail portion will open on December 12
U.S. team led by deputy USTR Switzer to visit India from December 10-12 to discuss tariffs
The talks are not expected to constitute an official round of negotiations. However, the two sides are looking forward to making strong progress
BSE PSU index rejig: RailTel gets entry, 4 stocks deboarded. Do you own any?
BSE has reconstituted 28 indices, including the BSE PSU index, effective December 22. RailTel is the sole addition, while MMTC, ITI, Punjab & Sin
The BSE 500 index will undergo a significant overhaul from December 22, with 32 additions and 32 exits as part of the semi-annual reconstitution.
Indias strong fundamentals to support 7% growth despite global risks, finance minister says
Indias economy beat forecasts to grow 8.2% in the three months through September, Indias fiscal second quarter, lifted by robust consumer spendin
Circular economy to boost dairy farmers' income by 20% in 5 years: Amit Shah
A concrete plan for the implementation of this circular economy model across the country will emerge from the meeting of MPs in Banaskantha in th
SMFG India Credit introduces paid menstrual leave for women employees
While certain states are increasingly implementing this progressive workplace policy, SMICC has proactively chosen to extend this benefit to its
Market poised for next uptrend as growth revives: Ashi Anand
Ashi Anand says Indias 18-month market consolidation is easing as growth improves, earnings strengthen and sentiment turns optimistic. He favours
F&O Talk | Heavyweights shield Nifty from deep cuts: Sudeep Shah
The market currently favours index trading as only heavyweight stocks support the upside, while broader segments weaken. Private banks, financial
India's strong fundamentals to support 7% growth despite global risks, finance minister says
India's economy is set for strong growth this year, with projections at least 7 percent. Finance Minister Nirmala Sitharaman stated that the econ
Sandip Pradhan takes charge as SEBIs whole time member
Prior to joining SEBI, Pradhan was Director General of Income Tax (Investigation) in Pune
India's merchandise exports show remarkable resilience amidst global economic headwinds, with total exports for April-October 2025 reaching $491.
Mutual funds investment in equity markets doubles to 43,465 cr on strong inflows
The ongoing calendar year marks the fifth consecutive year of positive equity flows from MFs
Simplification Of Customs Will Be Next Big Reform, Says Finance Minister
We need a complete overhaul of customs... we need to have customs simplified for people to feel that it is not cumbersome to comply... need to ma
Indigo flight delays: 104 cancellations on Saturday in Bengaluru
On Friday, when IndiGo cancelled over 1,000 flights from across airports, IndiGo CEO Pieter Elbers, after maintaining a stoic silence over the gr
India and the US are set to hold crucial trade talks in New Delhi from December 10-12 to finalize the initial phase of a pact. This follows recen
IPO Calendar: ICICI Pru AMC, Wakefit to anchor Rs 13,000 crore pipeline next week
Indias primary market enters its busiest phase with 11 IPOs worth Rs 13,807 crore opening between December 817. Key issues include Corona Remedie
Sitharaman flags complete customs revamp as next big reform drive
Finance Minister Nirmala Sitharaman announced a comprehensive overhaul of India's customs framework as her next major reform. The initiative aims
India must close trade deals, build AI to leverage Goldilocks moment, says Sunil Mittal
Bharti Airtel chairman Sunil Mittal urged policymakers to speed up reforms, warning that unfinished negotiations and bottlenecks could slow India
India, US trade team to start three-day talks from December 10: Sources
India and the United States are set to begin three-day trade talks in New Delhi on December 10 to finalise the first phase of their proposed bila
SME SAR Televenture raises Rs 208 cr from Madhusudan Kela, promoter and others via issue of warrants
SAR Televenture has secured 208.46 crore through warrant issuance to investors including Madhusudan Kelas fund, Choice Advisors, and promoters, b
FII return seen as key trigger for Niftys next breakout: Sudip Bandyopadhyay
Sudip Bandyopadhyay says Nifty can decisively break 26,000 only when FIIs return, while NBFCs and real estate stand to benefit from rate cuts ami
India Budget Basics: If the calculations puzzle you, this is how the budget maths really works
Union Budget: Finance Minister Nirmala Sitharaman will present India's Union Budget 2026 in February. The budget's core is projecting nominal GDP
AI presents a big opportunity for India to leapfrog ahead of competitors: Qualcomm India President
Indias unique demographic scale and its growing appetite for technology place it at a decisive moment of economic transformation, says Qualcomm I
Smartworld Developers enters Noida, to invest Rs 2K cr on 1st realty project
Smartworld Developers is investing Rs 2,000 crore in its first Noida project, a mixed-use development on a 6-acre site acquired for Rs 414 crore.
Concurrent Losers: 12 stocks decline for 5 consecutive sessions
Centre caps airfares as IndiGos massive flight disruptions hike ticket prices
Government invokes regulatory powers to prevent opportunistic pricing as passengers face widespread disruption
DEA Secy says going digital resulted in a transparent fiscal ecosystem
DEA Secy Anuradha Thakur outlines Indias macro-fiscal reforms over the last decade at seminar on Sharing Indias Public Financial Management (PFM)
No respite from toxic air in Delhi, AQI remains 'very poor'
Delhi's air quality has swung sharply through the week, the city recorded an AQI of 279 on Sunday, 304 on Monday, rose sharply to 372 on Tuesday,
Gold is the new FDI: A blueprint to convert India's idle wealth into productive capital
Indias massive household gold holdings, worth $3.8 trillion, far exceed decades of FDI inflows. Redirecting even part of this unproductive wealth
The Reserve Bank of India cut the repo rate to 5.25% amid strong economic growth and exceptionally low inflation, a move hailed as exceptional by
Abu Dhabi Investment Portfolio: 7 stocks surge up to 70% in FY26. 2 new Q2 bets revealed
ADIAs India equity portfolio rose just 0.7% in FY26, though 13 stocks gained and seven surged 2070%. Several holdings fell sharply, while CMS Inf
Meesho IPO allotment date: How to check status online, GMP after robust subscription
Meeshos Rs 5,421 crore IPO allotment will be finalised Monday after massive 81.76x subscription. With a 42% GMP and record retail participation,
IndiGo cancels over 200 flights from Delhi, Mumbai on Saturday
109 IndiGo flights cancelled at Mumbai airport - 51 arrivals and 58 departures - and 106 flights at Delhi airport - 54 departures and 52 arrivals
ICRA expects extended policy rate pause, unless economic growth moderates
The RBI has reduced inflation projection for 2025-26 to 2.0 per cent from the October estimate of 2.6 per cent and February estimate of 4.2 per c
Wakefit raises Rs 580 crore from anchor investors including HSBC, HDFC MF ahead of IPO
Wakefit raised Rs 580 crore from anchor investors at the top price band, with domestic mutual funds taking over half the book. Strong institution
A Golden run: After 60% surge and over 50 all-time highs this year, whats next for gold in 2026?
Gold surged over 60% in 2025 on geopolitical risks, a weaker dollar and strong safe-haven demand. The World Gold Council sees 2026 playing out th
Century Plyboards well-positioned for growth as MDF expansion and premium mix strengthen margins
Indias building products sector is stabilizing with stronger consumption, healthier pipelines, lower input volatility, and rising premiumization.
SpaceX is reportedly seeking an $800 billion valuation in a new secondary share sale, potentially surpassing OpenAI as the US's most valuable pri
Crypto in 2026: The quiet transformation India cannot ignore anymore
The crypto market is shifting from speculation to institutional-grade structure, driven by Bitcoins treasury use, rapid tokenisation, and coordin
SpaceXto offer insider shares at record-setting valuation
People briefed on the matter said that the share price under discussion is higher than $400 apiece, which would value SpaceX at between $750 bill
SEBI aims to ease FPI registration process; floats consultation paper
Proposal aimed at enhancing ease of doing business, simplifying compliance requirements for global investors
Fake guarantee scam: ED files chargesheet against Reliance power
New Delhi: The Enforcement Directorate on Saturday said it has filed a chargesheet against businessman Anil Ambanis group company Reliance Power
Chaos continue at Hyderabad airport as Indigo cancels 69 flights in the morning
While a few of the cancellations of departures have been informedto the passengerslate yesterday night, the air commuters are facing difficulties
Indian rupee hits record low: What it means for commodity prices and the economy
The rupees plunge beyond 90 highlights India-specific pressures from FPI outflows, trade deficits and dollar demand. The slide threatens higher i
Maharashtra poised to lead Indias natural farming revolution
If the State translates intent into execution, it will not only mainstream natural farming but set a national benchmark for an agriculture that i
Indian households expect ease in inflation pressures to continue: RBI survey
The RBI survey found that fewer households now anticipate price increases across key segments such as food, non-food items, housing, household du
Zepto plans to launch IPO by June 2026 as shareholders approve move
Valued at $7 billion, Zepto has raised a total of $1.8 billion, or about 16,000 crore, since its inception in July 2021 from marquee investors
Wakefit mobilises 580 crore from anchor investors ahead of IPO
As per the circular, Wakefit has allotted 29,743,590 equity shares to these anchor investors at a price of 195 apiece, raising 580 crore
Indian stock market ends in bullish tone after RBI rate cut
Mumbai: Indian equity benchmarks made marginal losses after hitting record highs and three weeks of consecutive gains due to profit booking. Howe
Dollar slips as traders eye next week's Fed meeting
The U.S. dollar dipped as traders anticipated a Federal Reserve rate cut next week, with nearly 90% probability priced in. Soft labor data and do
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
Oil prices climbed to a two-week high, fueled by anticipated U.S. Federal Reserve rate cuts boosting economic growth and energy demand. Geopoliti
Samsung tops global foldable phone shipments in Q3: Report
Seoul: Samsung Electronics solidified its top position in the global foldable smartphone market in the third quarter this year, industry data sho
'Insane': How Elon Musk reacted to EU's $140m fine on X & why the platform was penalised
Elon Musk denounced the EU's $140 million fine on X as crazy and insane, criticizing the penalty for violating transparency rules under the Digit
Gold gains on Fed rate cut optimism; silver hits record high
Gold prices climbed Friday amid strong expectations of a U.S. Federal Reserve rate cut next week, while silver reached a record high. The market
European stock clock weekly gains on ongoing Fed cut optimism
European shares closed the week with modest gains as investors digested a U.S. inflation report reinforcing expectations for a Federal Reserve ra
Stocks end higher, dollar set for second straight weekly loss as investors eye Fed cut
Global shares advanced Friday as U.S. economic data reinforced expectations of a Federal Reserve rate cut next week, weakening the dollar and boo
US stocks close with slight gains as data keeps Fed cut expectations on track
Indian markets saw a positive close on Friday. Investors are keenly watching for a Federal Reserve interest rate cut next week. Economic data rel
Russias vital oil trade with India is down, but not out
India-Russia oil trade: Even Januarys low is well above pre-war levels. More importantly, according to traders and refiners, volumes could reboun
IndiGo flight disruptions hit Thiruvananthapuram and Ahmedabad airports
Thiruvananthapuram International Airport saw six domestic flights cancelled throughout the day; At Ahmedabad Airport 7 arrivals were reported and
