Career News & Insights

TVS Supply Chain Solutions to invest up to ₹100 crore in FIT 3PL Warehousing for expansion

FIT 3PL Warehousing Private Ltd is a wholly owned subsidiary of TVS Supply Chain Solutions. The subsidiary reported a turnover of ₹133.18 crore as of March 31, 2025. The investment will be made by way of equity and equity-like instruments in one or more tranches. The consideration will be in cash. Shares of TVS Supply Chain Solutions Ltd ended at ₹102.90, down by ₹1.01, or 0.99%, on the BSE.

Top Stories | IndiGo CEO issues apology, Microsoft’s $17.5 bln India bet, markets rebound off lows and more

Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm.

AU Small Finance Bank receives approval to raise foreign investment limit to 74%

The bank said the increased foreign investment limit from 49% to 74% will assist in maintaining sufficient headroom for foreign investment through permissible modes of investment in compliance with the consolidated FDI Policy. Shares of AU Small Finance Bank Ltd ended at ₹971.00, down by ₹18.45, or 1.94%, on the BSE.

Pine Labs freezes tech hiring at 1,000 engineers even as global expansion accelerates

Pine Labs is tightening its technology strategy by relying solely on its existing 1,000-member engineering workforce, even as it expands rapidly into international markets. CEO Amrish Rau says the company is prioritising efficiency and deeper utilisation of its current talent base while keeping all future tech hiring on hold.

GQG Partners sells nearly 1% stake in JSW Energy for ₹677 crore via block deal

Following the transaction, GQG Partners’ holding in JSW Energy was 1.8% as of the end of September 2025. Shares of JSW Energy Ltd ended at ₹452.25, down by ₹1.60, or 0.35%, on the BSE.

Govt orders IndiGo to curtail flight schedule by 10%, double of what regulator DGCA had ordered

RBI Governor asks banks to bring down cost of banking business amid recent rate cut

HG Infra Engineering's ₹220-cr GST case for FY23 closed with nil demand

Last month, HG Infra Engineering said it had secured a ₹274.11 crore order from DLF Cyber City Developers Limited. Shares of HG Infra Engineering Ltd ended at ₹763.50, down by ₹30.95, or 3.90%, on the BSE today, December 9.

Aviation Ministry orders IndiGo to cut winter schedule by 10% after “abnormal” nationwide disruptions

The Aviation Ministry ordered IndiGo to cut its winter schedule by at least 10% after widespread cancellations, citing poor resource management and summoning the airline’s CEO for explanations.

India’s airline sector is a graveyard of carriers, and here’s why — Vijay Gopalan

Vijay Gopalan argues that India’s aviation turmoil is not an isolated event but the result of long-standing structural issues that deter investment, limit competition, and leave airlines vulnerable to even minor shocks.

Cement industry to record 9% volume growth in FY26: Crisil Intelligence

Crisil Intelligence reports Indian cement industry volume to grow 8-9 percent in H2 FY26, with margins up 250-300 bps, aided by GST cut, premiumisation, and stable costs.

HUDCO to raise up to ₹2,500 crore via NCD issue on December 12

This follows the approval granted by the board to raise funds up to ₹65,000 crore through the issue of bonds and debentures during FY2025-26. The proposed fresh Series-E 2025 NCDs will have a tenure of 7 years, with the redemption date fixed as December 12, 2032. Shares of Housing & Urban Development Corporation Ltd ended at ₹213.70, up by ₹0.91, or 0.43%, on the BSE today, December 9.