IndiGo Faces ₹500 Cr Compensation After Cancellations

IndiGo, India’s largest airline, said on Friday that its compensation liability is projected to exceed ₹500 crore after widespread flight cancellations disrupted operations across the country beginning December 2, 2025. The cancellations, which stretched for nearly a week, left tens of thousands of passengers stranded and triggered regulatory intervention. According to the airline, compensation will…

Read More

India Approves 100% Foreign Direct Investment in Insurance Sector

In a landmark reform move, the Union Cabinet has approved a proposal allowing 100 percent foreign direct investment (FDI) in India’s insurance sector. The decision, announced during the ongoing Winter Session of Parliament, marks a significant shift from the earlier cap of 74 percent and is aimed at attracting greater foreign capital, strengthening competition, and…

Read More

Actress Nandita Swetha Unveils VIVO X300 & VIVO X300 Pro in Warangal

Popular South Indian actress Nandita Swetha formally unveiled VIVO’s latest smartphone models, the VIVO X300 and VIVO X300 Pro, at a corporate launch event in Warangal. The ceremony, attended by company executives, distributors, and technology enthusiasts, marked the official entry of the new devices into the Telangana market. Speaking at the event, Nandita Swetha highlighted…

Read More

RBI Completes Bond Purchases, FY26 Total Hits Record ₹3.16 Trillion

The Reserve Bank of India (RBI) has completed its latest round of government bond purchases, taking the total for the current financial year (FY26) to an unprecedented ₹3.16 trillion. This marks the highest level of bond acquisitions ever recorded in a single fiscal year, underscoring the central bank’s aggressive liquidity management strategy. The RBI concluded…

Read More

Blinkit CEO warns India’s quick-commerce boom is nearing a shakeout

Blinkit CEO Albinder Dhindsa has indicated that India’s rapidly growing quick-commerce sector may be nearing a turning point, as soaring capital demands clash with declining investor enthusiasm. Speaking to Bloomberg, Dhindsa noted that the model—driven by fast expansion and steady venture funding—is reaching its limits, and companies will soon need to confront how long they…

Read More

Supreme Petrochem Halts Chennai Operations

Supreme Petrochem Ltd (SPL), one of India’s leading producers of polystyrene and expandable polystyrene, announced the temporary suspension of operations at its Manali manufacturing unit in Chennai following extensive flooding inside the plant premises. According to an exchange filing dated December 5, continuous rainfall in Tamil Nadu and the release of water from nearby reservoirs…

Read More

Kaynes Tech shares tumble 12%

Shares of Kaynes Technology India plunged over 12% on December 5, marking steep losses for the second consecutive day after Kotak Institutional Equities raised concerns about discrepancies in the company’s related-party disclosures. JP Morgan advised investors to avoid “bottom fishing” in the stock. The EMS firm’s shares closed at Rs 4,365, having touched an intraday…

Read More