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Business News

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06 Dec 2025
IndiGo

Refunds for canceled IndiGo flights to be completed by tomorrow

The Ministry of Civil Aviation has ordered IndiGo to process all pending passenger refunds by 8:00pm tomorrow.

06 Dec 2025
Karnataka High Court

WinZO challenges ED's raid, asset freeze in Karnataka HC

Real-money gaming platform WinZO has filed a writ petition with the Karnataka High Court, challenging the Enforcement Directorate's (ED) search and seizure operations at its office.

06 Dec 2025
Nirmala Sitharaman

India's customs framework to be revamped, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has announced a major overhaul of India's customs framework.

06 Dec 2025
Apple

Is John Ternus Apple's next CEO? Uncertainty looms

Apple's current head of hardware engineering, John Ternus, is the front-runner to succeed Tim Cook as CEO.

06 Dec 2025
TL;DR

Air India adds flights, caps fares after IndiGo chaos

Air India Group is increasing flights and capping economy fares to assist passengers affected by IndiGo flight disruptions.

06 Dec 2025
TL;DR

IndiGo starts hiring pilots again after record flight cancelations

IndiGo has lifted its pilot hiring freeze, recruiting captains and senior first officers to comply with new flight duty time limitations (FDTL) norms.

06 Dec 2025
TL;DR

Ixigo to refund passengers for canceled IndiGo flights

Ixigo, an online travel booking platform, will refund full fees to customers whose IndiGo flights are cancelled between December 3-8, due to the airline's operational crisis.

06 Dec 2025
TL;DR

Air India caps economy fares after IndiGo's mass cancelations

Air India has capped economy class fares on non-stop domestic flights since Thursday and is considering adding more capacity to aid stranded passengers.

06 Dec 2025
Netflix

Netflix-Warner Bros. deal: Key takeaways from the merger

Netflix's acquisition of Warner Bros. Discovery's movie studio and HBO streaming networks is a game-changer in Hollywood.

06 Dec 2025
TL;DR

Foreign investors pull ₹13,000 crore from Indian stocks—here's what's up

Foreign portfolio investors (FPIs) extracted a net ₹13,028 crore from Indian equities during the week ending December 5, continuing their selling trend.

06 Dec 2025
TL;DR

Mutual funds pour big money into stocks, markets hit new highs

Mutual funds significantly increased their net equity investment to ₹43,465 crore last month, more than double the ₹20,718 crore invested in October.

06 Dec 2025
US Dollars

'Bye-bye US dollar!' Kiyosaki warns as BRICS currency rumors resurface

Robert Kiyosaki has once again warned about the impending doom of the US dollar.

06 Dec 2025
India

India's EPC sector to create 25M jobs by 2030

India's Engineering, Procurement, and Construction (EPC) sector is poised to be a major job creator in the coming years.

06 Dec 2025
Finance

Oil prices surge to 2-week high: What's the reason?

Oil prices have hit a two-week high, driven by expectations of US Federal Reserve interest rate cuts and geopolitical tensions in Russia and Venezuela.

06 Dec 2025
Perplexity

Why New York Times has sued AI start-up Perplexity

The New York Times has sued AI search start-up Perplexity for copyright infringement. This is the second lawsuit against an AI company by The Times.

06 Dec 2025
Meta

Meta acquires Limitless start-up: What does it do? 

Meta, the parent company of Facebook and Instagram, has acquired Limitless, an artificial intelligence (AI) start-up that specializes in creating advanced wearable devices.

06 Dec 2025
TL;DR

India's customs system is getting a major upgrade

Finance Minister Nirmala Sitharaman has flagged a comprehensive revamp of India's customs framework as her next significant reform initiative.

06 Dec 2025
Netflix

Netflix will pay $5.8B if Warner deal collapses

Netflix's $72 billion acquisition of Warner Bros. Discovery (WBD) assets comes with a $5.8 billion breakup fee, one of the largest penalties in merger and acquisition history.

06 Dec 2025
Netflix

Netflix buys Warner Bros. Discovery assets for $72B: What's included?

Netflix has announced a major acquisition, buying parts of Warner Bros. Discovery (WBD) for $72 billion.

06 Dec 2025
Apple

Why Apple employees are leaving for OpenAI

Apple is witnessing a significant number of its top talent leaving, with many employees opting to join OpenAI.

06 Dec 2025
SoftBank Group

SoftBank in talks to acquire DigitalBridge for AI infrastructure push

SoftBank Group, the Japanese telecom and tech conglomerate led by Masayoshi Son, is considering an acquisition of DigitalBridge Group Inc, according to Bloomberg.

06 Dec 2025
Ratan Tata

Noel Tata becomes largest Tata family shareholder in Tata Sons

Noel Tata has become the largest shareholder of the Tata family in Tata Sons.

06 Dec 2025
TL;DR

India-Russia trade could hit $35 billion by 2030, says report

India could potentially increase its merchandise exports to Russia from $5 billion to $35 billion by 2030, as per a GTRI report.

06 Dec 2025
TL;DR

Biocon to merge biologics unit into parent firm for ₹45,000cr

Biocon Ltd is set to acquire its biologics subsidiary, Biocon Biologics Ltd, in a deal worth $5.5 billion. The integration process is expected to be completed by March 2026.

06 Dec 2025
TL;DR

Zepto plans IPO by mid-2026, eyes ₹6,500cr fundraising

Quick commerce giant Zepto has secured shareholder approval to go public, setting the stage for its Initial Public Offering (IPO) by June 2026.

Zepto turns public as IPO preparation gains pace

Zepto, a leading player in the quick commerce sector, has officially transitioned into a public company.

06 Dec 2025
SpaceX

SpaceX's valuation could hit $800B with secondary share sale

SpaceX, the aerospace manufacturer and space transportation company founded by Elon Musk, is reportedly in talks for a secondary share sale.

IndiGo chaos to continue through Saturday? CEO shares key update

IndiGo, India's largest airline, is grappling with a major operational crisis. The airline has canceled over 1,000 flights on Friday alone, accounting for more than half of its scheduled departures.

06 Dec 2025
TL;DR

India's deep-tech sector sees 3,600+ startups by October 2024

India's deep-tech sector is witnessing rapid growth, with startups transitioning from lab ideas to market products faster due to improved infrastructure and supportive policies.

06 Dec 2025
TL;DR

Indian stock market flirts with new highs, but volatility keeps things interesting

Indian equity indices ended flat in a volatile week, reaching new highs. Meanwhile, the Indian rupee depreciated to a record low against the US dollar.

06 Dec 2025
TL;DR

Netflix-Warner merger: Why is $5.8B breakup fee making headlines?

Netflix has agreed to a $5.8 billion breakup fee, one of the largest ever, in its $72 billion acquisition of Warner Bros. Discovery Inc.

06 Dec 2025
TL;DR

Meesho IPO oversubscribed 33.3x as retail investors rush in

Meesho, an Indian e-commerce platform, has seen its IPO oversubscribed 33 times, marking a significant leap from its humble beginnings as a small social commerce experiment.

06 Dec 2025
TL;DR

RBI cuts repo rate to 5.25%—what it means for you

Governor Sanjay Malhotra's successful first year at the Reserve Bank of India (RBI) saw a rate cut amidst a period of stable inflation and growth.

06 Dec 2025
TL;DR

Aaru raises $50 million+ to shake up market research with AI

AI-based customer research startup, Aaru, has reportedly raised a Series A funding round led by Redpoint Ventures, with a headline valuation of $1 billion.

06 Dec 2025
TL;DR

SpaceX targets $800B IPO in 2026

Elon Musk's SpaceX is reportedly planning a 2026 initial public offering (IPO) that could value the company at an astounding $800 billion.

06 Dec 2025
TL;DR

Square Yards bags $35 million, sets sights on unicorn status

Square Yards, India's leading home-buying platform, has raised $35 million in funding, inching closer to a $1 billion valuation and planning for a larger $100 million round.

05 Dec 2025
Elon Musk

EU fines Musk's X $140M for violating online content rules

Elon Musk's social media platform, X, has been slapped with a €120 million ($140 million) fine by European Union (EU) tech regulators.

05 Dec 2025
Bengaluru

IndiGo cancellations: Your credit card travel insurance could cover losses

IndiGo's operational turmoil has resulted in over 700 flight cancellations on December 5 alone.

05 Dec 2025
Bill Gates

Bill Gates's daughter raises $30M for her AI shopping start-up

Phoebe Gates, the youngest daughter of Microsoft co-founder Bill Gates and Melinda French Gates, has raised $30 million for her artificial intelligence (AI) start-up, Phia, according to Bloomberg.

05 Dec 2025
Inflation

Will RBI's latest repo rate cut impact your FD returns?

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 5.25%.

05 Dec 2025
Perplexity

Chicago Tribune sues Perplexity over copyright infringement

The Chicago Tribune has filed a lawsuit against AI search engine Perplexity, alleging copyright infringement.

IndiGo's market cap plunges by ₹25,000cr amid flight cancellations

InterGlobe Aviation Ltd, the parent company of India's largest airline IndiGo, has seen a massive drop in its market capitalization.

05 Dec 2025
Apple

iPhone Air loses nearly half its value within weeks

Apple's latest offering, the iPhone Air, is witnessing a rapid depreciation in its resale value.

Who's Avadhut Sathe, whose case is shaking India's finfluencer space?

The Securities and Exchange Board of India (SEBI) has barred stock market influencer Avadhut Sathe and his firm, Avadhut Sathe Trading Academy (ASTA), from the securities market.

05 Dec 2025
Anil Ambani

ED seizes ₹1,120cr in fresh assets from Anil Ambani group

The Enforcement Directorate (ED) has attached assets worth ₹1,120 crore from the Reliance Anil Ambani Group as part of a money laundering probe.

Massive rollback: DGCA tweaks rules to ease IndiGo flight crisis

The Directorate General of Civil Aviation (DGCA) has relaxed a key crew-duty requirement as IndiGo's operational crisis continues to disrupt air travel across India.

IndiGo disruption continues: Chennai airport shares list of canceled flights

India's largest airline, IndiGo, is facing a major operational crisis with widespread flight cancellations and delays.

05 Dec 2025
IndiGo

IndiGo crisis allowed to worsen, claims viral staff letter

Amid widespread flight cancellations and chaos at several airports, an "open letter" from IndiGo employees has gone viral on social media.

05 Dec 2025
Apple

Apple faces leadership shakeup as policy chief departs

Apple has announced a series of major executive changes, including the retirement of its environmental and policy lead, Lisa Jackson.

05 Dec 2025
IndiGo

IndiGo flight cancellations make couple attend their own reception online

A newlywed couple, both software engineers working in Bengaluru, had to attend their own reception virtually due to widespread IndiGo flight cancellations.

05 Dec 2025
IndiGo

IndiGo shares fall over 3% amid nationwide flight cancellations

InterGlobe Aviation, the parent company of IndiGo, witnessed a decline of over 3% in its shares on Friday.

Indian tourists can now use UPI in Cambodia

NPCI International Payments Limited (NIPL), the global arm of India's National Payments Corporation (NPCI), has partnered with ACLEDA Bank Plc., Cambodia's first publicly listed commercial bank.

05 Dec 2025
China

Moore Threads, China's answer to NVIDIA, surges 500% on debut

Moore Threads Technology Co., a Chinese artificial intelligence (AI) chip maker, has made an explosive stock market debut.

Park Hospital IPO is India's 100th mainboard issue of 2025

Park Medi World, the company behind the popular Park Hospital chain in North India, has filed its initial public offering (IPO) with a target of raising ₹920 crore.

05 Dec 2025
Mark Zuckerberg

Layoffs loom as Meta plans 30% budget cuts for metaverse

Meta Platforms, the tech giant led by Mark Zuckerberg, is planning to slash its budget for metaverse projects by a whopping 30%, according to Bloomberg.

05 Dec 2025
Reserve Bank Of India (RBI)

RBI slashes repo rate to 5.25% amid persistent rupee decline

The Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points, bringing it down to 5.25%.

05 Dec 2025
Layoff News

US layoffs highest in years as employers cut 1.1M roles

US employers have announced over 1.1 million layoffs this year, the highest since the COVID-19 pandemic in 2020, according to a report by consulting firm Challenger, Gray & Christmas.

05 Dec 2025
IndiGo

IndiGo flight disruptions enter 4th day, 550 flights canceled

India's largest airline, IndiGo, is still reeling from major operational disruptions for the fourth consecutive day.

05 Dec 2025
Indian Rupee (INR)

Indian rupee at record low: How it affects your wallet

The Indian rupee has depreciated by over 5% this year, driven by a higher trade deficit, portfolio outflows, and uncertainty over the US trade deal.

05 Dec 2025
Vladimir Putin

Defense shares in focus amid Putin's India visit

Indian defense stocks are in focus today as Russian President Vladimir Putin arrives in India for the 23rd India-Russia Annual Summit.

04 Dec 2025
Bengaluru

India remains key market despite global tariff pressures: Google

Google has reaffirmed its commitment to India, despite the ongoing trade and tariff tensions with the US.

IndiGo shares fall fifth straight day amid widespread flight disruptions

Shares of InterGlobe Aviation, the company that operates IndiGo, fell by 3.4% in early trade on Thursday.

04 Dec 2025
Canada

India, Canada to start talks for free trade agreement

India and Canada are gearing up to start negotiations for a Comprehensive Economic Partnership Agreement (CEPA).

04 Dec 2025
Ultraviolette F77

EV-maker Ultraviolette secures $45M from Zoho and Ferrari-linked investor

Bengaluru-based electric vehicle (EV) maker Ultraviolette Automotive has raised $45 million in its ongoing Series E funding round.

04 Dec 2025
SoftBank Group

InMobi founders buy back $250M stake from SoftBank

InMobi's founders have acquired a 25-30% stake from Japanese investor SoftBank. The deal is expected to net SoftBank around $250 million.

04 Dec 2025
LinkedIn

70% of Indian professionals now want to work for themselves

A recent LinkedIn report has revealed a major shift in India's professional landscape, with 70% of Indian professionals expressing a desire to work for themselves.

04 Dec 2025
NITI Aayog

NITI Aayog to unveil roadmap for building quantum-powered Indian economy

NITI Aayog is set to launch its 'Roadmap for Transforming India into a leading Quantum Powered Economy' today at the International Institute of Information Technology (IIIT-Hyderabad) campus in Gachibowli.

MrBeast's CEO hints at IPO, wants fans to be 'owners'

MrBeast, the YouTube sensation with a whopping 450 million subscribers, could be heading for an Initial Public Offering (IPO).

NephroPlus IPO: India's 99th mainboard issue of 2025 opens soon

Nephrocare Health Services, the company behind the NephroPlus brand, will launch its initial public offering (IPO) on December 10.

04 Dec 2025
Reserve Bank Of India (RBI)

Indian rupee in freefall, hits new all-time low of ₹90.43/dollar

The Indian rupee hit another record low on December 4, opening at ₹90.43 against the US dollar. The fall extends a sharp depreciation streak after the currency crossed the key ₹90 level a day earlier.

04 Dec 2025
Apple

Meta hires Apple design chief to lead new creative studio

Alan Dye, Apple's top design executive and head of its user interface team since 2015, is leaving the tech giant to join Meta.

03 Dec 2025
Finance

Pine Labs posts ₹6cr profit in Q2, revenue surges 18%

Pine Labs, a leading digital payments processor, has reported a net profit of ₹5.97 crore for the July-September quarter of FY26.

03 Dec 2025
IndiGo

Why IndiGo needs 2 days to restore normal flight operations

IndiGo, India's leading airline, has announced that it will take the next 48 hours to restore its flight operations.

03 Dec 2025
Uber

You can now ride Uber's robotaxis in Dallas

Uber has launched a commercial robotaxi service in Dallas, Texas.

03 Dec 2025
Blinkit

Blinkit now lets you add items after placing an order

Blinkit, a leading quick commerce platform, has launched a new feature that allows customers to add more items to their cart even after placing an order.

Manipal Hospitals wants to raise $1B via IPO in India

Manipal Health Enterprises is gearing up to file a $1 billion initial public offering (IPO) in January.

03 Dec 2025
Airbus

Why Airbus will deliver fewer jets this year

Airbus has revised its 2025 aircraft delivery target downwards, owing to production issues with its popular A320 jet.

Aequs IPO fully subscribed in hours, GMP surges to 37%

The ₹922 crore initial public offering (IPO) of Aequs, a leading manufacturer of airplane parts, has been fully subscribed within two hours of its opening on Day 1.

03 Dec 2025
Stock Market

These defense stocks are in focus as Putin visits India

As Russian President Vladimir Putin prepares for his two-day state visit to India tomorrow, defense stocks in the country are set to come under investor focus.

03 Dec 2025
Reliance Retail

Reliance Retail appoints ex-Flipkart executive as its new CEO

Reliance Industries has appointed Jeyandran Venugopal, a former Flipkart executive, as the President and Chief Executive Officer of Reliance Retail Ventures Ltd (RRVL).

03 Dec 2025
San Francisco

Why San Francisco has sued US processed food giants

In a landmark move, San Francisco has become the first city in the US to sue food manufacturers over ultra-processed foods (UPFs).