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…
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…
Kotak Mahindra Bank to consider a stock split during its board meeting scheduled on 21 November, 2025, the lender said in a regulatory filing. “…a meeting of the Board of Directors of the Bank would be held on Friday, November 21, 2025 to, inter alia, consider a proposal for sub-division (split) of the existing…
As TCS prepares to release its Q2FY26 earnings, analysts predict a slowdown in revenue and profit growth, primarily influenced by the BFSI sector’s resilience and ongoing challenges in consumer and pharma verticals. Key focus areas include H1B visa impacts and upcoming deal pipelines. TCS Q2 results preview: IT bellwether Tata Consultancy Services (TCS) will…
According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…
These “next generation GST reforms” are aimed at making India Aatmanirbhar, she told to the GoM during a meeting, adding that the Centre committed to building broad-based consensus with states on next-gen GST reforms. Finance Minister Nirmala Sitharaman on Wednesday told a Group of Ministers that the rate rejig in GST reforms will provide relief…
Defence mutual funds have emerged as the hottest theme on BSE and NSE, delivering up to 60% returns in just three months. Backed by record defence exports, strong government orders, and rising geopolitical tensions, investors’ interests have soared. With strong government backing and escalating geopolitical tensions, India’s defence sector has emerged as a standout…
As per the weekly options data, the Nifty may face hurdles at the 22,500-22,700 zone, with support placed at the 22,000 levels. Nifty Trend The Nifty 50 extended its downward move for another session amid rangebound trading, falling by a third of a percent on March 13, tracking the nervousness in Asian peers. The index…