IndiGo Meltdown: Govt Sets Refund & Baggage Deadlines
Government issues key directives to IndiGo after operational meltdown. Airline must process refunds by Sunday night and deliver flyers' baggage within 48 hours. Details inside.
Category : Corporate News
Centre's Dec 7 Deadline for IndiGo to Clear All Refunds
Civil Aviation Ministry mandates IndiGo to clear all pending refunds by Dec 7, waive rescheduling fees & fast-track baggage returns amid passenger protests. Read the full story.
Mittal: India Must Seize 'Goldilocks Moment' for Growth
Bharti's Sunil Mittal urges India to close trade deals, build sovereign AI & digital infra to secure long-term economic gains, calling the current phase a uniquely favourable 'Goldilocks moment'.
IndiGo Must Clear All Pending Refunds by Dec 7
India's aviation ministry mandates IndiGo to clear all pending passenger refunds by 8 PM on December 7, 2025. No rescheduling charges for affected flyers. Full story here.
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IndiGo cancels 400+ flights, SCR runs special trains
IndiGo cancels over 400 flights from major airports, causing passenger chaos. South Central Railway steps in with special trains from Hyderabad. Details on cancellations, passenger anger, and government action.
ED Files Chargesheet Against Reliance Power, Subsidiaries
The Enforcement Directorate has filed a chargesheet against Reliance Power and its subsidiaries in a case involving alleged fake bank guarantees. Key individuals have also been named. Read the full details.
Govt Imposes Fare Caps as IndiGo Crisis Sends Airfares Soaring
Indian government mandates strict airfare caps after IndiGo flight cancellations cause ticket prices to spike up to 600%. Ministry of Civil Aviation steps in to protect passengers from opportunistic pricing.
Simone Tata, Mother of Noel Tata, Passes Away at 95
Simone Tata, stepmother to Ratan Tata and mother to Noel Tata, passed away at 95. The business icon behind Lakmé and Trent was laid to rest in Mumbai. Read about her remarkable legacy.
DGCA Warns Airlines on High Fares After IndiGo Crisis
DGCA directs airlines to ensure reasonable pricing & availability after IndiGo technical crisis caused fare spikes. Regulator warns of strict action for non-compliance.
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Sunil Mittal's HTLS 2025 Talk: The Ad That Changed Everything
Bharti Airtel Chairman Sunil Mittal spoke at HTLS 2025, revealing a transformative advertisement. The summit featured PM Modi, Sitharaman, and global leaders. Read the key insights.
SoftBank in Talks to Acquire DigitalBridge for AI Boom
SoftBank Group is negotiating to acquire DigitalBridge Group Inc., a major digital infrastructure investor, to capitalize on the AI-driven data center boom. Deal could finalize this year.
Indigo Cancels 100+ Flights, DGCA Seeks Report
IndiGo cancels over 100 flights due to crew shortage and bad weather, causing major travel disruption. DGCA demands report, Civil Aviation Minister Ram Mohan Naidu monitors situation. Live updates.
Patel Retail Q2 FY26: 15% Revenue Growth, PAT Up 73%
Patel Retail Limited reports stellar Q2 FY26 results with 15% revenue growth and a 73% surge in profit after tax. Strong performance driven by strategic store expansion.
How Bezos' Ex & Current Wife Are Spending His Billions
MacKenzie Scott and Lauren Sánchez are deploying Jeff Bezos' wealth in headline-grabbing philanthropy. Scott gives billions with no strings, while Sánchez focuses on homelessness. Discover the contrast.
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Centre Launches Probe Into IndiGo Flight Cancellations
Aviation Minister Ram Mohan Naidu vows strict action after IndiGo's operational crisis. Centre forms inquiry committee, focuses on restoring normalcy for passengers. Details inside.
Govt probe into IndiGo's massive flight cancellations
Massive IndiGo flight disruptions due to pilot issues prompt government probe. DGCA grants exemptions, airline offers refunds. Details on cancellations and passenger support.
ALPA India Slams DGCA's 'Selective' IndiGo Safety Relief
ALPA India strongly objects to DGCA granting IndiGo temporary relief from pilot duty rules, calling it a dangerous precedent that compromises safety amid mass cancellations.
ED attaches Rs 1,200 crore assets in RCom fraud case
Enforcement Directorate attaches assets worth Rs 1,200 crore linked to a bank fraud case involving Reliance Communications. Majority of assets belong to Anil Ambani-led Reliance Group entities.
IndiGo Airport Chaos Exposes Systemic Flaws, DGCA Criticized
Major travel disruption at Indian airports due to IndiGo's operational crisis. DGCA faces criticism for oversight failures. Details on the chaos and calls for accountability.
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IndiGo Flight Crisis: Crew Shortage Sparks Chaos, Govt Inquiry
IndiGo cancels 1000+ flights due to crew crisis after new FDTL rules. Airfares skyrocket 6x, Railways add coaches. CEO apologizes, govt orders probe. Details inside.
IndiGo Flights Resume in Delhi After Major Disruption
Delhi's IGI Airport announces IndiGo operations are normalising after over 1000 flight cancellations. CEO Peter Elbers apologises, expects full stability by mid-December. Details inside.
Simone Tata, Lakme and Westside pioneer, dies at 95
Simone Tata, the Swiss-born force behind Lakme and Westside, passed away in Mumbai at 95. She built India's iconic beauty brand and revolutionized retail. Read her inspiring journey.
Noel Tata's Tata Sons stake rises to 1% after Simone's transfer
Simone Tata transferred her Tata Sons shares to son Noel Tata years ago, making him the largest family shareholder. Details on the shareholding structure and tax implications revealed.
IndiGo cancels 1000+ flights, operations resume after chaos
IndiGo cancelled over 1000 flights on Dec 5, causing major disruptions. Delhi Airport says operations are resuming. CEO apologises, normalcy expected by Dec 15. Minister cites crew mismanagement.
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IndiGo Blamed for Airport Chaos, DGCA Criticized
Massive disruptions at Indian airports expose systemic failures. IndiGo's operational lapses and DGCA's regulatory oversight are under scrutiny. Read the full analysis of the December 2025 crisis.
Frontier Warehousing Acquires 106-Year-Old Kesoram Industries
Frontier Warehousing acquires historic Kesoram Industries for nearly Rs 100 crore. The 106-year-old BK Birla Group flagship is set for a new chapter under new ownership. Read the full story.
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
IndiGo Flight Disruptions Threaten Winter Holiday Travel Plans
IndiGo's operational crisis may extend to February 2026, causing flight cancellations and soaring airfares, leaving thousands of passengers anxious about their Christmas travel. Learn about the waivers and passenger concerns.
Global M&A Volumes Surge 37% to $3.3 Trillion in 2025
Global mergers and acquisitions soar, reaching $3.3 trillion in 2025, a 37% jump. Major deals like Netflix-Warner and regulatory shifts drive the boom. Read the full analysis.
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Invest UP's Singapore Push for Tech & GCC Investments
Invest UP delegation led by Shashank Chaudhary engaged with DBS Bank & Singapore Business Federation to attract Global Capability Centres and tech investments to Uttar Pradesh. Explore the state's strategic outreach.
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