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Business News

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08 Dec 2025
TL;DR

IndiGo's stock plunges nearly 7% after flight delays and cancelations

IndiGo's share price dropped nearly 7% due to continuous flight delays and a show cause notice from the aviation watchdog, marking its seventh consecutive session of losses.

08 Dec 2025
TL;DR

Sensex, Nifty start slow as investors play it safe

Indian stock markets, Sensex and Nifty, opened flat on Monday as investors tread cautiously ahead of the U.S. Federal Reserve's upcoming rate decision.

08 Dec 2025
TL;DR

Bengaluru-based startup Scaler cuts losses by 98% even as revenue dips

Bengaluru-based edtech startup Scaler reported a 98% reduction in net losses for FY25, even as its operating revenue fell by 5%.

08 Dec 2025
TL;DR

Indian stock market starts the week flat, but optimism remains

Nifty50 and BSE Sensex, India's benchmark equity indices, opened flat on Monday with Nifty50 hovering around 26,150 and BSE Sensex just above 85,600.

08 Dec 2025
TL;DR

China's exports bounce back in November after trade talks

China's exports in November exceeded forecasts with a 5.9% growth, while imports underperformed, rising only 1.9%, according to customs data.

08 Dec 2025
IBM

IBM might acquire data infrastructure firm Confluent for $11B

IBM is said to be in advanced talks to acquire data infrastructure company Confluent for around $11 billion, The Wall Street Journal reported.

08 Dec 2025
Virat Kohli

After PUMA exit, Virat Kohli partners with sportswear start-up Agilitas 

Indian cricket superstar Virat Kohli has announced a partnership with Agilitas Sports, an Indian sportswear start-up.

Wakefit's ₹1,289cr IPO opens today: Should you subscribe?

Wakefit Innovations, a popular home and furnishings brand backed by Peak XV Partners, Elevation Capital, and Investcorp, has opened its initial public offering (IPO) today.

08 Dec 2025
Bitcoin

Bitcoin regains $91,000 mark amid hopes of Fed rate cut

Bitcoin, the world's largest cryptocurrency, has shown a slight recovery in value.

08 Dec 2025
IndiGo

IndiGo crisis: Modi government seeks reconstitution of airline's board

The Indian government is considering a reconstitution of the board of InterGlobe Aviation Ltd, the parent company of IndiGo, as per Moneycontrol.

08 Dec 2025
United States of America

Palantir's 'Neurodivergent Fellowship' is here: Check eligibility, salary package

Palantir Technologies, the data analytics giant, has launched a new initiative called the Neurodivergent Fellowship. The program is aimed at individuals with non-traditional cognitive processing and thinking patterns.

08 Dec 2025
IndiGo

IndiGo shares plunge by 7% today: What's the reason? 

InterGlobe Aviation, the parent company of IndiGo, is witnessing a major fall in its share price.

08 Dec 2025
Meesho

Meesho's IPO allotment today: How to check status online

Meesho, the SoftBank-backed e-commerce platform, is all set to finalize its initial public offering (IPO) allotment today.

08 Dec 2025
Netflix

How the Netflix-Warner Bros. deal could impact Indian OTT players

Netflix's planned acquisition of Warner Bros, including its film and television studios, HBO Max and HBO, contingent upon the spin-off of Discovery Global, could shake up India's streaming industry.

IndiGo gets 24-hour extension from DGCA, must reply by today

IndiGo, the crisis-hit airline, has been given a one-time 24-hour extension by the Directorate General of Civil Aviation (DGCA) to respond to a show cause notice issued on December 6.

08 Dec 2025
TL;DR

Wakefit IPO opens, retail investors show strong interest

Wakefit Innovations' ₹1,289 crore IPO opened today, witnessing a 33% subscription from retail investors on its first day.

08 Dec 2025
TL;DR

Bitcoin hovers near $91,000 as markets eye Fed decision

Bitcoin has risen to over $91,000, a 1.86% increase in the last 24 hours, amid expectations of a US Federal Reserve rate cut.

ICC in trouble as JioStar seeks to exit media-rights deal

The International Cricket Council (ICC) is facing a major setback as JioStar, a Reliance Industries-controlled company, has expressed its inability to continue with the remaining two years of its four-year India media-rights deal.

08 Dec 2025
TL;DR

Prodocs Solutions launches ₹27.60cr IPO—Here's what you need to know

Prodocs Solutions is set to open its Rs 27.60 crore SME IPO for subscription on Monday, with key details including the GMP and subscription window being closely watched.

08 Dec 2025
TL;DR

December IPOs: Meesho, Wakefit, Corona Remedies among 12 offerings

The second week of December is bustling with 12 new IPOs including prominent names like Wakefit Innovations Ltd., Corona Remedies Ltd., and Meesho Ltd.

08 Dec 2025
IndiGo

SpiceJet shares soar 14% amid IndiGo's operational crisis

SpiceJet shares have surged by a whopping 14% in today's trading session, hitting ₹35.50 per share on the BSE.

08 Dec 2025
TL;DR

Corona Remedies IPO opens today; should you subscribe?

Corona Remedies' ₹655 crore IPO opens for public subscription today, with brokerage views largely positive about the pharmaceutical company's growth prospects.

08 Dec 2025
Piyush Goyal

EU delegation to meet Piyush Goyal today: Key sticking points

A European Union (EU) delegation will meet Commerce and Industry Minister Piyush Goyal today to discuss the status of their proposed free trade agreement (FTA).

08 Dec 2025
TL;DR

Bengaluru's Groww gets SEBI's green light to sell corporate bonds

Bengaluru-based wealth tech firm, Groww, has secured an Online Bond Platform Provider licence from the Securities and Exchange Board of India.

Aequs IPO allotment today: How to check status online

Aequs Ltd., a leading precision component manufacturer, is set to finalize the allotment of shares for its initial public offering (IPO) today.

08 Dec 2025
Coinbase

Coinbase resumes user registration in India after 2-year hiatus

Coinbase, a leading cryptocurrency exchange, has reopened its app for user registration in India after a two-year break.

08 Dec 2025
Federal Reserve

Silver prices near all-time high: Here we decode why

Silver prices have surged to nearly an all-time high, bolstered by a major uptick in exchange-traded fund (ETF) inflows.

08 Dec 2025
Coca-Cola

How Coca-Cola plans to cut down on plastic waste

Coca-Cola is trialing a revolutionary new packaging solution for its soft drink brands in Austria.

08 Dec 2025
Donald Trump

Trump says he'll review Netflix-Warner Bros. deal

President Donald Trump has expressed concerns over Netflix's proposed $72 billion acquisition of Warner Bros. Discovery's assests.

08 Dec 2025
TL;DR

Aequs IPO: Here's what you need to know

Aequs Ltd. is expected to finalize its IPO share allotment on December 8, with investors able to check their status online.

08 Dec 2025
TL;DR

Asian stocks slip as China-Japan tensions heat up

Asian stocks began the week cautiously amid strained China-Japan relations, impending central bank decisions, and an uncertain outlook for risk assets in 2026.

08 Dec 2025
TL;DR

India's sovereign cloud market is booming—here's why it matters

Larsen & Toubro Ltd. joins Tata Consultancy Services and Bharti Airtel in establishing sovereign cloud infrastructure, catering to rising demand in India.

08 Dec 2025
TL;DR

Pine Labs unlocks 59.5 lakh shares as lock-in ends

Nearly ₹500 crore worth of Pine Labs Ltd. shares are set to be traded today as the one-month shareholder lock-in period concludes.

08 Dec 2025
TL;DR

Samsung set to take back global DRAM crown in 2024

Samsung Electronics is set to reclaim global leadership in the DRAM market, surpassing domestic rival SK hynix, driven by a surge in its device solutions division's profit.

08 Dec 2025
TL;DR

IndiGo gets more time to explain major flight delays

The Directorate General of Civil Aviation (DGCA) has given IndiGo an additional day to respond to a show-cause notice regarding recent flight delays and cancellations.

07 Dec 2025
SpaceX

Musk denies SpaceX is raising funds at $800B valuation

Elon Musk has denied recent reports suggesting that his aerospace company, SpaceX, is seeking a valuation of a whopping $800 billion.

07 Dec 2025
IndiGo

IndiGo's flight network should be stabilized by this date

IndiGo has announced that it expects to stabilize its flight network by December 10.

07 Dec 2025
Reserve Bank Of India (RBI)

Indian banks will remain closed on these days this week

This week, from December 8 to December 14, certain regions in India will observe four bank holidays.

These 13 IPOs will hit Indian market this week

India's primary market is gearing up for a busy week with 13 new initial public offerings (IPOs) set to hit the market.

07 Dec 2025
Deepinder Goyal

Zomato CEO teases 'Temple,' a mysterious new brain-focused health device

Deepinder Goyal, CEO of Eternal, has teased the launch of a new health-tech device called Temple.

Who is Pieter Elbers, CEO of embattled IndiGo airlines 

Pieter Elbers, the Dutch Chief Executive Officer (CEO) of IndiGo, has been making headlines after the airline canceled several flights, stranding thousands of passengers across India.

07 Dec 2025
Layoff News

UBS to cut 10,000 jobs by 2027

Switzerland's largest bank, UBS, is said to be planning a major workforce reduction in the coming years.

Wakefit raises ₹186cr ahead of IPO

Wakefit Innovations Ltd, a Bengaluru-based home and furnishings company, has raised ₹186 crore from Steadview Capital, WhiteOak Capital, and Capital 2B.

07 Dec 2025
Air India

Air India crash: Indian, US investigators to meet in Washington

Indian investigators are set to meet their US counterparts next week as part of the ongoing probe into the June crash of an Air India flight.

07 Dec 2025
Air India

Air India caps airfares, waives cancellation fees amid travel disruptions

In light of the recent travel disruptions across India, Air India and Air India Express have announced a series of proactive measures.

07 Dec 2025
South Korea

How Hyundai's proposed $2B shipyard could boost India's shipbuilding sector

South Korea's HD Hyundai, one of the world's largest shipbuilders, is eyeing a major investment in India's shipbuilding sector.

07 Dec 2025
Netflix

How Netflix outbid Paramount and Comcast for Warner Bros. takeover

In a major shake-up in the entertainment industry, Netflix has announced its acquisition of Warner Bros. Discovery for $82.7 billion, including debt.

07 Dec 2025
US State Department

US negotiators arrive in India, seeking to finalize trade deal

Allison Hooker, a senior US State Department official with expertise in Asian affairs, will be in India from Sunday to Thursday.

07 Dec 2025
Air India

How India's aviation turmoil is driving ticket prices up

The Indian aviation sector is currently in a state of turmoil, with market leader IndiGo struggling to adapt to new crew rostering rules introduced by the Directorate General of Civil Aviation (DGCA).

07 Dec 2025
India

FLY91 won't charge convenience fee on flights booked this month

Regional airline FLY91 has announced a waiver on convenience fees for all bookings made through its official website in December.

Deloitte announces AI-powered 'Tax Pragya' platform: What does it do?

Deloitte has announced the launch of its new artificial intelligence (AI) platform, 'Tax Pragya.' The innovative tool is designed to expedite tax research and insights for clients.

07 Dec 2025
IndiGo

IndiGo cancels 220+ flights as disruptions continue for 6th day

IndiGo has canceled over 220 flights at Delhi and Mumbai airports today.

07 Dec 2025
Punjab National Bank

Your PNB home loan EMIs are about to become cheaper

State-owned Punjab National Bank (PNB) has announced a reduction in its Repo Linked Lending Rate (RLLR), following the Reserve Bank of India's (RBI) decision to cut the repo rate on December 5.

07 Dec 2025
IndiGo

How IndiGo plans to manage disruptions in the coming days

IndiGo's parent company, InterGlobe Aviation Ltd, has activated its top decision-making body to deal with the aftermath of mass cancellations and delays.

Snapdeal parent files fresh IPO papers with SEBI: What's changed?

AceVector Ltd, a digital commerce ecosystem backed by SoftBank, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

07 Dec 2025
Infosys

Market cap of India's top 5 firms up ₹72,285cr

The combined market capitalization of five out of the top 10 most-valued companies in India increased by ₹72,284.74 crore last week.

07 Dec 2025
Patanjali

You can soon buy Patanjali's products in Russia

Baba Ramdev's Patanjali Group has signed a Memorandum of Understanding (MoU) with the Russian government.

07 Dec 2025
Microsoft

Why Norway's $2T fund voted against Microsoft CEO

Norway's $2 trillion Sovereign Wealth Fund has voted against key proposals involving Microsoft CEO Satya Nadella.

Meesho's IPO: What to expect from India's latest unicorn

Meesho, one of India's leading e-commerce platforms, is all set to make its debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Wednesday, December 10.

07 Dec 2025
Robots

IShowSpeed sued for allegedly punching, choking humanoid influencer Rizzbot

Popular streamer Darren Watkins Jr., aka IShowSpeed, has been sued by the creators of Rizzbot, a popular humanoid influencer.

07 Dec 2025
Netflix

Why Netflix-Warner Bros. deal is facing fierce pushback from Hollywood

Netflix has announced a $82.7 billion deal to acquire Warner Bros., a move that has sent shockwaves through Hollywood.

07 Dec 2025
Apple

Apple's hardware chief may leave the company

Apple's Senior Vice President of Hardware Technologies, Johny Srouji, is reportedly considering leaving the company.

07 Dec 2025
JP Morgan

Why JPMorgan CEO thinks Europe has a 'real problem'

JPMorgan Chase & Co. CEO Jamie Dimon has warned that Europe's slow bureaucracy is a major economic risk for the US.

06 Dec 2025
Foreign Investment

FPIs continue selling streak, pulling out ₹13,000cr from Indian equities

Foreign portfolio investors (FPIs) have continued their selling spree in the Indian markets, pulling out a net ₹13,028 crore from equities during the week ending December 5.

06 Dec 2025
IndiGo

IndiGo has started hiring pilots again

IndiGo has lifted its pilot hiring freeze and started recruiting Captains and Senior First Officers for its Airbus A320 fleet.

06 Dec 2025
Air India

Why Air India, AI Express have capped economy class fares

In light of the ongoing operational disruptions caused by IndiGo, Air India and Air India Express have announced a cap on economy class fares.

06 Dec 2025
India

India, US to hold crucial trade talks from December 10

India and the United States will hold three-day talks on a proposed bilateral trade agreement from December 10.

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.