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Union Minister for Civil Aviation Kinjarapu Ram Mohan Naidu chairs a meeting with Indigo’s top management to review the stabilisation measures, in New Delhi on December 9, 2025. IndiGo CEO Pieter Elbers also present. Photo: @RamMNK X/ANI Photo Officials from the Directorate General of Civil Aviation (DGCA), the Ministry of Civil Aviation, and the Airports…
Passengers crowd at the platform as they arrive to board a train to their hometown a day after the Chhath Puja festival at a railway station in Patna on October 29. | Photo Credit: AFP In the past couple of months, India has witnessed its transport infrastructure come under massive strain. In October and November,…
Read More “Lessons from recent transport crises | Explained” »
Anupam Rasayan India Ltd., a custom synthesis manufacturer of speciality chemicals, has announced the signing of a definitive agreement to acquire a 100% equity stake in Jayhawk Fine Chemicals Corporation, a U.S.-based speciality chemical company and part of CABB Group, for a purchase consideration of $150 million. The purchase consideration accounts for payment against the…
Read More “Anupam Rasayan to acquire U.S. firm Jayhawk for $150 million” »
Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: PTI Aditya Birla Renewables Ltd (ABREN), a subsidiary of Grasim, has finalised an investment by Global Infrastructure Partners (GIP), part of BlackRock, of up to ₹3,000 crore ($335 million), with a commitment of ₹2,000 crore and a greenshoe option to invest another ₹ 1,000 crore…
As the dominant player, IndiGo is also the sole operator on 20 to 25 of the nearly 96 domestic destinations it serves. File | Photo Credit: PTI The planned cut of 400 to 500 flights by IndiGo, India’s dominant carrier handling six in 10 air travellers, will shrink passenger options during peak season and spike…
Read More “IndiGo flight cuts to spike airfares in peak season, leave passengers with few options” »
The coinciding increase in demat accounts and companies listing in the stock market may be good for promoters , but no so much for the retail investor, according to an analysis. The growth in demat accounts and the growth of IPO issues coincide with each other in India and this signals a development in the…
Read More “‘Most retail investor money wento fund promoters in 2025’” »
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Stock markets closed lower for the second straight day on Tuesday (December 9, 2025), with the benchmark Bombay Stock Exchange index, Sensex, declining by 436 points as investors booked profits ahead of the U.S. Federal Reserve’s policy decision. The 30-share Bomaby Stock Exchange (BSE) index Sensex dropped 436.41 points or 0.51% to close at a…
Read More “Stock markets fall for second day on profit booking in bank, oil shares” »