IndiGo Flight Cancellations Demand Deterrent Penalty
Massive flight disruptions by IndiGo caused trauma and financial losses to lakhs of passengers, with over 2,500 cancellations and 1,800 delays requiring regulatory action.
Category : Search result: DTC financial losses
Delhi Buses in 150 Accidents, 41 Fatal, in 2024-25
Delhi Transport Corporation and cluster buses were involved in nearly 150 accidents, including 41 fatal ones, in 2024-25. Government data reveals overspeeding, poor training, and chaotic traffic as key factors.
Power Discoms Turn Profitable in FY25 with ₹2,701 Crore Net Income
India's power distribution companies reported a remarkable turnaround, posting a cumulative profit of ₹2,701 crore in FY25 after heavy losses. The ministry credits government reforms for this shift.
Gurgaon Cybercrime: Complaints Rise But Losses Fall in 2025
Gurgaon saw a 6% increase in cybercrime complaints in 2025, but financial losses dropped by Rs 102 crore due to faster police action and bank coordination.
Delhi CM Announces DTC Revival Amid Staggering Losses
Delhi CM Rekha Gupta reveals DTC losses equal Delhi's budget at Rs 97,000 crore, announces takeover of bus operations from DIMTS to revive the public transporter. Read the full story.
Meta's Urgent In-Person Meeting for Reality Labs Staff
Meta CTO Andrew Bosworth calls a crucial in-person meeting for Reality Labs on Jan 14, breaking remote culture amid $70B losses. Staff told to prioritise attendance.
Bhopal man fakes theft to repay share trading debt
A 32-year-old man in Bhopal, burdened by massive share market losses, staged a robbery at his own home, stealing jewellery worth Rs 15 lakh. Police recovered the valuables after his confession.
Pune techie dies by suicide in office over betting losses
A young software engineer in Pune's Hinjewadi died by suicide using a charging wire after suffering financial losses in online betting. Police have registered an accidental death case. Read the full story.
Delhi's Pollution Fix: Make Public Transport the Backbone
Delhi's air crisis needs a structural fix, not short-term bans. Expert Rashmi Sadana argues for making integrated public transport the city's core to ensure cleaner air and equitable mobility for millions.
Pink Saheli Card for Free Bus Rides in Delhi from 2026
Delhi government's Pink Saheli smart card, mandatory for free DTC bus rides for women, is set for launch after January 14, 2026. Learn eligibility, application process, and key features.
ICRA: Aviation Sector Losses Pegged at Rs 17-18k Cr in FY26
ICRA sharply revises India's aviation sector loss projection to Rs 17,000-18,000 crore for FY26, driven by IndiGo's operational disruptions in December. Read the full analysis.
Gurgaon Sees Major Drop in Cyber Fraud Financial Losses
Gurgaon's cyber fraud losses fell from Rs 387.96 crore in 2024 to Rs 281.99 crore in 2025. Police credit enhanced surveillance and public awareness. Learn how to protect yourself.
Delhi's Pink Saheli Card for Women Launches Soon
Delhi government to launch mandatory Pink Saheli smart card for women's free bus travel, replacing paper tickets. Aimed at 2 crore monthly users, it brings transparency and efficiency to the scheme.
Unemployed man dies by suicide after online betting losses in Hyderabad
A 24-year-old unemployed man in Hyderabad died by suicide after suffering heavy losses in online betting. Police found his bank accounts empty and seized his phone for analysis. Read the full report.
Lebanon Moves to Return Frozen Deposits After 2019 Meltdown
Lebanon's Cabinet approves a draft 'financial gap law' to return funds to depositors after the 2019 financial collapse. The plan prioritises small depositors and uses bonds for larger sums.
Delhi DTC Proposes Two New Bus Routes for Metro Stations
Delhi Transport Corporation plans two new bus routes to improve last-mile connectivity to metro stations. The proposal aims to bridge gaps in public transport.
UP Power Corp Seeks Rs 3,744 Crore for Distribution Losses
UPPCL requests Rs 3,744.45 crore in UP's supplementary budget to cover losses under the RDSS scheme, despite recent praise for debt reduction. Details inside.
US Tariffs Trigger Rs 3,600 Crore Loss in Tiruppur Knitwear
Tiruppur's knitwear hub faces a severe crisis as 50% US tariffs lead to massive losses and labour slowdown. Discover the impact and how exporters are struggling to survive.
Russia Claims 1400+ Ukrainian Casualties, Captures Villages
Russian forces report wiping out over 1400 Ukrainian troops and capturing villages in Sumy and Donetsk in a single day. Get the latest battlefield updates and analysis here.
Bengaluru Businessman Dies by Suicide After Financial Loss
A Bengaluru businessman died by suicide after jumping in front of a train. Preliminary investigations reveal his logistics business suffered major financial losses. Read the full story.
Stella McCartney's Financial Troubles Deepen in 2024
Stella McCartney's fashion label faces a cash crisis as revenue falls 27% to £16 million. Can the ethical luxury brand survive without new funding? Read the full analysis.
DTC to Lease Bus Depot Land for Warehousing to Boost Revenue
Delhi Transport Corporation plans to lease underused land at five bus depots to warehousing and logistics companies to generate recurring income and address its financial crisis.
AI Threatens 30% of Bengaluru Ad Industry Jobs
The rise of AI in advertising sparks job fears in Bengaluru. Experts warn of a 30% workforce reduction as agencies adopt automation. Discover how the industry is adapting.
India Signs Oman FTA, Seeks Relief from US Tariff Impact
India fast-tracks Free Trade Agreements, including a new $3bn pact with Oman, to counter US tariffs causing job losses in industrial hubs like Panipat and Ludhiana. Read the full analysis.
Ryan Lochte's Net Worth Falls to $300k in 2025
Olympic swimmer Ryan Lochte's net worth has crashed to around $300,000 in 2025. Discover the story behind his lost millions, sponsorship fallout, and current struggles.
Russia: 500,000 Ukrainian Troops Lost, War Continues
Russia's Defence Minister claims Ukraine lost nearly half a million soldiers. He asserts Russian forces are advancing and the conflict is far from over. Read the full analysis.
Singapore's UOB Bank hit by China property downturn
Singapore's United Overseas Bank faces mounting losses from Hong Kong and China real estate loans, booking S$615 million in provisions. Its Greater China exposure under scrutiny as property markets deteriorate.
Rajasthan Discoms Cut Power Losses: Jaipur 14%, Ajmer 9.19%
Rajasthan's electricity distribution companies significantly reduced AT&C losses in FY25. Jaipur discom cut losses to 14% from 20%. Discover the strategies behind this improvement and the challenges ahead.
Bengaluru loses Rs 483 crore daily to cybercrime
Shocking data shows Bengaluru loses nearly half a billion rupees daily to cyber fraud. Learn about the top scams and how to protect yourself in India's tech capital.
Bengaluru loses Rs 4.83 crore daily to cybercrime
Bengaluru faces a cybercrime crisis, losing a staggering Rs 4.83 crore daily. Police data shows a surge in online fraud, with investment scams leading the losses. Read more on the alarming trends and police response.
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