News Digest

CBI books Anil Ambani's son, Reliance Home Finance in ₹228 crore bank fraud case

The company had availed credit limits to the tune of ₹450 crore from the bank’s SCF branch in Mumbai for business needs, the complaint stated.

Apple will earn more selling iPhone cover than airlines transporting passenger: IATA chief

Apple earns more from iPhone covers than airlines' USD 7.90 profit per passenger, says IATA chief Willie Walsh in the 2026 industry financial outlook.

IndiGo disruption: DGCA orders airline to cut flight schedule by 5% on high-demand, high-frequency routes

Warning bell: In 60% of routes it operates, IndiGo has monopoly

Tata, Intel sign deal to explore chip packaging in India

Despite FPI exodus, private equity bets big on India: $50 bn still flowing in: Amit Chandra

IndiGo shares plunge over 8% as crisis intensifies; down 15% in Dec

IndiGo ops getting stable gradually; over 1,800 flights being operated on Monday, cancellations fall

As Indigo officials come under scrutiny, its shares fall 7.5% today, down by 15% this month

China’s trade surplus climbs past $1 trillion for first time

Question mark over role of IndiGo high-profile board, its risk committee in run-up to crisis

DGCA allows IndiGo CEO Elbers, COO Porqueras one-time 24-hour extension to respond to show-cause notices on flight disruptions

RBI’s monetary policy need not be hostage to rupee; sliding core inflation telltale sign of excess capacity: JP Morgan’s Jahangir Aziz

Webskitters Joins the Global Elite: Named Among Forbes DGEMS 2025 Select 200 Companies

How India Inc’s top leaders are dealing with the emotional toll of retirement

The emotional toll of retirement can be severe. One private-sector CEO revived a collapsing industrial company by identifying an entirely new business segment. The turnaround was so dramatic that he attributed it to divine grace. He installed idols in every office, organised religious discourses, and built a temple on the factory premises. The promoters allowed it all. But after he retired, they quietly relieved him even from the trusteeship of the very temple he had built. He was devastated. Within months, he passed away.

Known for ‘internationalisation’ of IndiGo, its CEO for 3 years Pieter Elbers gets show cause notice

US negotiators in Delhi next
week, kindle hopes of deal before December-end

IndiGo disruption: Govt imposes airfare caps to bring down sky-high fares, check opportunistic pricing by airlines

‘Clear all ticket refunds by Dec 7’: Centre tells IndiGo as passengers protest outside airports across nation

IndiGo flight cancellations continue, govt moves to mandate refunds, caps on airfare

‘Those responsible for IndiGo flight cancellations will pay’: Aviation Minister as Centre launches probe

Repo rate cut 25 bp to 5.25%; ‘rare Goldilocks period’, says RBI Governor

RBI rewards ‘goldilocks’ phase with another rate cut, more seen on horizon

Simone Tata, mother of Tata Trust Chair Noel Tata, passes away at 95