The DGCA said that IndiGo had attributed the mass cancellations to the ‘compounding effect of multiple factors,’ which operated in an ‘unfortunate and unforeseeable confluence’. Hours after IndiGo CEO Pieter Elbers and COO Isidre Porqueras responded to a show-cause notice by the Directorate General of Civil Aviation (DGCA), the aviation watchdog released a statement providing…
The two leaders will review the entire range of the multifaceted defence relations, including military and military technical cooperation Ahead of Russian President Vladimir Putin’s visit to India, the Russian Cabinet on Tuesday cleared the signing of a memorandum of understanding (MoU) with India to deepen bilateral cooperation in civil nuclear energy. During Putin’s…
INR vs USD: Rupee slipped to an all-time low of ₹90.28 per dollar on December 3, 2025. With a 5.3% year-to-date (YTD) drop, the rupee is headed for its sharpest annual decline since 2022, making it Asia’s worst-performing currency so far this year. The Indian rupee fell past 90 per US dollar to a record…
Tata Communications has acquired a 51% stake in Commotion, an AI-native Enterprise SaaS Platform, to enhance AI integration in its Digital Fabric. The ₹227 crore deal is expected to improve its Customer Interaction Suite with advanced AI capabilities. Tata Communications, in its regulatory filing today, December 02, announced that it had acquired a 51% stake…
Meesho has set the price band for its IPO in the range of ₹105 to ₹111 per cent, valuing it around ₹50,095.75 crore Meesho IPO:The much-awaited initial public offering (IPO) of e-commerce player Meesho is set to open for public subscription on Wednesday, December 3, 2025. The company plans to raise ₹5,421.2 crore through…
Private consumption, manufacturing power up growth, US tariff impact in H2 to be seen With the economy growing at a higher than expected pace of 8.2% in the second quarter of the fiscal, expectations are that full year GDP growth would be at over 7%. Official data released on Friday showed that the Indian…
The reform represents a significant departure from the Atomic Energy Act of 1962, which restricted private participation in nuclear power generation and retained state monopoly under the Department of Atomic Energy (DAE). Prime Minister Narendra Modi on November 27 announced one of India’s most sweeping energy-sector reforms in decades, declaring that the country’s tightly controlled…
As Nifty 50 kicks off the December series with a 1.24% surge, analysts predict a potential breach of the 26,500 mark by year-end. Factors like an India-US trade deal, foreign investments, and falling crude prices could drive the index higher. Domestic market barometer Nifty 50 began the December futures and options (F&O) series with…
Adani Group’s flagship company, Adani Enterprises, on Tuesday, 25 November 2025, opened its mega ₹25,000 crore rights issue on the Indian stock market. Check key details before applying for the ₹25,000 crore offer. Billionaire Gautam Adani-led conglomerate’s flagship company, Adani Enterprises, on Tuesday, 25 November 2025, opened its mega ₹25,000 crore rights issue on the…
The French company had acquired a 19.75 per cent stake in AGEL in January 2021 for around $2.5 billion as part of its strategy to strengthen its renewable energy footprint in India French energy giant TotalEnergies is reportedly planning to sell up to a 6 per cent stake in Adani Green Energy (AGEL), a deal…