IndiGo CEO Pieter Elbers has resigned three months after the airline experienced significant operational disruptions. Managing Director Rahul Bhatia will temporarily assume management responsibilities.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
ICC CEO Sanjog Gupta discusses the globalisation of cricket, highlighting India's crucial role and the impressive performances of Associate nations in the T20 World Cup.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
The Congress-led UDF government's decision to appoint a defence lawyer for the accused in the Sabarimala gold loss case as a Devaswom advocate has drawn strong criticism from the opposition CPI(M), which alleges the move is an attempt to sabotage the ongoing probe and protect political figures.
'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
A Chinese official stated that India and China should view each other as cooperative partners and opportunities for development, not rivals or threats. This statement came in response to Russian President Vladimir Putin's comments on the independent and strong ties Russia maintains with both nations, emphasising non-interference in India-China relations.
'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'
Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
Indian carmakers, including Maruti Suzuki and Kia India, reported robust sales growth in May 2026, with both companies achieving their highest-ever monthly sales despite rising fuel prices. Maruti Suzuki's domestic sales surged to 1,93,535 units, while Kia India recorded 27,586 units, driven by strong demand in mini and compact segments and a shift towards electric and CNG vehicles.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
Defending champions MSC Maratha Royals unveiled their new 'Royal Roar' jersey ahead of the T20 Mumbai League 2026, blending tiger-inspired design, Mumbai street culture and fearless championship ambition.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
'Maybe his intent is not malicious, but he still needs to understand that it is not fair to you,' says rediffGURU Ravi Mittal, CEO of the online dating web site Quack Quack and Rebounce, a matrimony platform.
Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.
Steven Spielberg's latest sci-fi offering Disclosure Day attempts to blend political thriller elements with an alien narrative, but despite strong performances and moments of suspense, it ultimately leaves viewers with too many unanswered questions and a somewhat unearned climax laments Sreeju Sudhakaran.
India generates 9.3 million tonnes of plastic waste annually, nearly 20 per cent of the world's total.
'Exploration should be made easier and companies should be given operational flexibility.'
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
The Madras High Court has issued notices to key political figures and the Election Commission following a petition alleging corrupt practices during the Tamil Nadu Legislative Assembly election, including the use of children to influence voters.
Russian President Vladimir Putin stated that Moscow would not interfere in the "delicate" bilateral relations between India and China, expressing confidence in their ability to resolve border disputes amicably. He also discussed Russia's independent partnerships with both nations, touched upon India-Pakistan ties, and highlighted ongoing and proposed defence cooperation with India, including the BrahMos missile and a potential Su-57 fighter jet project.
Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.
The Sports Authority of Andhra Pradesh (SAAP) has partnered with Tata Steel Limited to train young footballers from the state at the Tata Football Academy (TFA) in Jamshedpur, providing professional exposure to selected boys and girls across various age categories.
Zee Entertainment Enterprises Ltd (ZEEL) has announced an eight-year partnership with FIFA to broadcast all its matches, including the World Cup 2026, in the Indian market. The deal includes 39 FIFA global football events, with live coverage available on ZEEL's sports network and streaming platform ZEE5.
Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that the combat jet could even be jointly produced in India in line with the strong strategic partnership between the two countries.
The CEO of Vipul Limited, a real estate company, has been arrested in Gurugram for allegedly defrauding several lawyers of Rs 6 crore under the guise of a lucrative investment opportunity.
Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Graphite electrode maker TACC has signed an initial agreement with the Institute for Functional Intelligent Materials to collaborate in the fields of advanced materials science, nanotechnology, and related disciplines.
While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.
The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.
Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.
Uber is set to establish its first data centre in India in partnership with the Adani Group, the company's CEO Dara Khosrowshahi said.
