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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.
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.
India's customs framework to be revamped, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced a major overhaul of India's customs framework.
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.
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.
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.
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.
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.
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.
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.
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.
'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Noel Tata becomes largest Tata family shareholder in Tata Sons
Noel Tata has become the largest shareholder of the Tata family in Tata Sons.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
You can now ride Uber's robotaxis in Dallas
Uber has launched a commercial robotaxi service in Dallas, Texas.
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.
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.
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.
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).
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).