Saks Considers Bankruptcy Ahead of $100M Payment

Saks Global Enterprises faces a critical $100+ million debt payment on Dec 30, exploring Chapter 11 bankruptcy and emergency funding. Read the full analysis of the luxury retailer's financial crisis.

Fog Cripples Delhi-Patna Rail Route, Trains 12 Hours Late

Dense fog severely disrupted Delhi-Patna rail traffic, delaying premier trains like Tejas Rajdhani by 12 hours. Passengers, including elderly & children, faced hardship. Read about the cascading impact & official response.

Minister Urges Vande Bharat for Bengaluru-Goa Route

Union Minister HD Kumaraswamy requests Railway Minister Ashwini Vaishnaw to launch a Vande Bharat Express between Bengaluru and Madgaon, Goa, citing public demand and improved rail infrastructure. This move aims to boost connectivity and tourism.

Goa approves 10 industrial projects, 914 jobs

Goa CM Pramod Sawant announces approval of 10 industrial projects worth Rs 217 crore, generating 914 jobs. IPB considers custom incentives for large investments over Rs 100 crore. Read more.

Groww, Lenskart Join BSE Large Cap Index

BSE announces inclusion of Groww's parent Billionbrains Garage Ventures and Lenskart Solutions in its Large Cap index from January 6, 2026. Tata Motors also sees index additions. Details on stock performance inside.

Passengers Protest SWR's Double Train Fare Hike

South Western Railway faces backlash for an additional fare hike before the national revision. Passengers allege unfair conversion of trains to superfast category without service upgrades. Read more.

Aurobindo Pharma increases stake in China JV to 50%

Aurobindo Pharma's Dutch arm buys 20% more in China's Luoxin Aurovitas for $5M, aiming for 100% ownership by 2029 to scale up inhalation product manufacturing. Read the full strategic move.

India Approves 3 New Airlines to Break Duopoly

India's aviation ministry grants NOCs to Shankh Air, Al Hind Air, and FlyExpress to increase competition. The move follows recent flight disruptions, aiming to lower costs and offer more choices to flyers.

Amul Camel Milk Initiative Fails to Deliver on Promise

Amul's ambitious camel milk project, launched to boost health-conscious consumers and breeder incomes, faces stagnation. Procurement remains low, demand flat, and breeders struggle to sell. Read the full story.

Punjab GST up 16%, Excise revenue surges 8.64%

Punjab's GST collections surge 16% to Rs 17,860 crore till November. Excise revenue also rises 8.64%. FM Cheema credits tech-driven enforcement & OTS scheme for boosting state finances.

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