Business

India’s aviation regulator DGCA has issued show-cause notices to IndiGo CEO Pieter Elbers and COO Isidro Porqueras, demanding explanations within 24 hours for massive flight disruptions that have persisted for five consecutive days.

India’s landmark labour reforms promise change, but can they break the wage stagnation trap and create more jobs? That’s the real question

If India wants to avoid replaying IndiGo turmoil across sectors, it must ensure no company should ever reach a scale where its failure becomes a national crisis

IndiGo cancelled over 800 flights on Saturday, down from more than 1,000 on Friday, as it works to stabilise operations amid crew shortages under new FDTL norms. The aviation ministry has ordered the airline to complete all refunds by Sunday evening

The government has imposed temporary airfare caps ranging from Rs 7,500 to Rs 18,000 amid a sharp surge in ticket prices following widespread IndiGo flight cancellations. The civil aviation ministry is monitoring fares closely and has ordered expedited refunds and support for affected passengers

Netflix’s acquisition of Warner Bros could transform Hollywood, affecting theatrical releases, top filmmakers, and the streaming landscape. While Warner Bros films will continue in theatres, the exact strategy, theatrical windows, and impact on cinema chains remain uncertain

The Multiplex Association of India has raised concerns over Netflix’s $72-billion acquisition of Warner Bros Discovery, warning it could reduce high-quality theatrical content, limit consumer choice, and disrupt India’s broader film ecosystem, impacting cinemas, production, and distribution

IndiGo resumed 11 flights from Jammu but cancelled seven from Srinagar as its pilot rostering crisis entered the fifth day. Passengers remain stranded amid widespread delays, high airfares, and continuing disruptions, prompting the Civil Aviation Ministry to enforce temporary fare caps

The RBI’s latest policy decisions signal confidence in India’s strong economic outlook, with GDP growth for FY26 revised to 7.3 per cent. SBI Chairman CS Setty said the rate cut, neutral stance, and liquidity steps will support momentum while ensuring price stability

The announcement comes as both countries sign multiple agreements, covering sectors from fertilisers and food safety to shipping and maritime logistics

Modi says India and Russia are making rapid progress towards this goal

Beyond its namesake television and motion picture division, Warner owns HBO Max and DC Studios

Elbers, in a video message, apologises for the major inconvenience caused to the passengers due to the disruptions

India is negotiating with about 7–8 countries, including in East Asia, to expand acceptance of its Unified Payments Interface (UPI), Financial Services Secretary M. Nagaraju said. UPI is already usable in eight countries, and India is integrating it into trade negotiations to boost fintech participation and leverage cost and scale advantages

Ola Electric plans to hire around 1,000 senior service technicians and specialists to strengthen its after-sales workforce under the Hyperservice programme. The initiative aims to improve repair accuracy, service centre operations, and customer experience, complementing digital tools and nationwide expansion to ensure consistent, long-term EV service quality across India

The airline, which generally operates around 2,300 flights daily with a fleet of over 400 planes, has seen its punctuality plummet with the operational disruptions that are expected to continue for many more days

The RBI cut the repo rate by 25 bps to 5.25% to support growth, citing historically low retail inflation and strong 8.2% Q2 GDP. Despite rupee depreciation, the MPC maintained a neutral stance as cheaper loans are expected to boost economic activity

The Enforcement Directorate has attached assets worth Rs 1,120 crore in its money-laundering probe against Anil Ambani’s Reliance Group, including the Reliance Centre in Mumbai and multiple properties, deposits and investments. Total attachments in related fraud cases now stand at ₹10,117 crore

Simone Tata, mother of Noel Tata and stepmother of the late Ratan Tata, passed away at 95 in Mumbai after a brief illness. Known for shaping Lakmé and founding Westside, she also contributed extensively to philanthropic initiatives. Last respects will be offered Saturday

The rupee appreciated 20 paise to 89.69 against the US dollar ahead of the RBI’s policy decision, though pressure persists from FII selling, crude prices and trade-deal delays. Markets await possible rate-cut signals as inflation eases and growth strengthens

Sensex and Nifty swung between gains and losses in early Friday trade as investors awaited the RBI’s policy decision amid FII outflows and mixed global cues. Select IT, auto and power stocks gained, while Reliance, Airtel and HDFC Bank declined 

Sebi barred financial influencer Avadhut Sathe and his firm, Avadhut Sathe Trading Academy, from the securities market and ordered them to disgorge Rs 546 crore earned from allegedly running unregistered investment advisory and research services that misled over 3.37 lakh investors

Bharti Airtel has partnered with Nokia to offer its network APIs to developers, enterprises, and system integrators via Nokia’s Network as Code platform. The collaboration aims to drive innovation using Airtel’s AI, 5G, and edge capabilities while enabling new monetization models

Air India reported three technical glitches on its Boeing 787 fleet since July, prompting enhanced safety inspections ordered by the DGCA after a June accident. The minister said all aircraft were found satisfactory and that technical snags are routinely addressed under prescribed procedures