Business

DGCA has deployed personnel at IndiGo's Gurgaon HQ amid widespread flight cancellations affecting thousands of passengers. The regulator will monitor crew deployment, cancellations, refunds, and operations, while summoning CEO Pieter Elbers for a detailed report on disruptions and restoration plans

Google has launched its AI Plus subscription in India, offering expanded access to Gemini 3 Pro, multimedia creation tools, NotebookLM, and 200GB of storage. The plan integrates Gemini into Gmail and Docs and includes family sharing and introductory pricing

Delhi’s trade, tourism, hospitality, and exhibition sectors have incurred an estimated Rs 1,000 crore loss due to over 4,000 IndiGo flight cancellations since December 1. CTI reports a 25 per cent fall in market footfall and widespread hotel and travel booking disruptions

BSE Index Services has launched four new factor indices—Momentum 30, Low Volatility 30, Enhanced Value 30 and Quality 30—under the BSE 100 large-cap TMC universe, offering quarterly reconstitution, score-based weighting and expanded opportunities for passive and benchmarking strategies

The DGCA has summoned IndiGo CEO Pieter Elbers to submit a detailed report on the airline’s widespread operational disruptions, including cancellations, staffing gaps and refunds. A four-member panel will probe crew rostering, manpower planning and compliance with new duty time norms

Tencent has withdrawn its $1-billion financing commitment from Paramount Skydance’s $77.9-billion hostile bid for Warner Bros. Discovery, amid concerns over CFIUS national-security review. Saudi, Abu Dhabi, and Qatar funds continue financing, giving up management rights to avoid scrutiny

Satya Nadella announced Microsoft’s US$ 17.5-billion India investment to expand AI and data-centre infrastructure, including a new Hyderabad cloud region by 2026. After meeting PM Modi, he highlighted sovereign cloud offerings aligned with India’s data-protection regime and stressed strong cybersecurity and resilience

IATA chief Willie Walsh says India’s new pilot duty rules are far more restrictive than global norms but should stabilise soon. IndiGo’s recent mass disruptions stemmed from poor planning during the FDTL phase-two rollout, prompting a 10% winter schedule cut

Amazon will invest more than $35 billion in India by 2030 across AI-led digitisation, exports, infrastructure and job creation. Announced at its ‘Smbhav’ summit, the company aims to boost exports to $80 billion and deliver AI benefits to millions.

Meesho shares debuted with over 46% premium on NSE and BSE after its Rs 5,421-crore IPO saw strong 79-times subscription. The company plans to use proceeds for cloud infrastructure, marketing, acquisitions and other strategic growth initiatives

Sensex and Nifty rebounded after two days of declines, rising on value-buying. Several major stocks gained while some lagged. Asian markets were mostly negative, FIIs continued selling, DIIs bought heavily, and Brent crude inched up as previous sessions saw sharp index drops

The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs 57.47 crore loss to Bank of Maharashtra. Searches are underway at company and director premises, while the ED also probes Reliance Power

Airpay Payment Services has received RBI approval to operate as a cross border payment aggregator, completing its unified PA framework licences. The company will offer full stack payment solutions domestically and globally, expecting strong growth in processing volumes, revenues and merchant onboarding

Knight Frank India reports that 74 of 365 shopping centres across 32 cities are ghost malls with over 40 percent vacancy. The study urges redevelopment of ageing centres as organised retail demand grows and Grade A malls record strong absorption

Mahindra has announced that its next premium SUV will be called the XUV 7XO, built on the XUV700 platform that has crossed three lakh units. The company said the new model will offer better design, technology and comfort. More details will be revealed soon.

Gautam Adani cautioned against “narrative colonisation” by historically high emitters seeking to influence India’s development path. Calling resource and energy sovereignty the pillars of modern independence, he said India must resist external pressures while balancing coal needs with one of the world’s fastest clean-energy transitions.

The CBI has registered a case against Jai Anmol Anil Ambani and Reliance Home Finance Ltd. for alleged cheating causing Rs 228 crore loss to Union Bank of India, involving diversion of funds, fraudulent misappropriation, and breach of trust

IndiGo cancelled five flights from Agartala on Tuesday as its operational disruption stretched into the eighth day. Airport authorities said six other flights ran as scheduled, while Air India Express and Akasa continued normal operations at the busy MBB Airport

Deloitte India launched Tax Pragya, an AI-powered tax platform providing faster research, predictive insights, and real-time dashboards. The mobile-friendly tool handles complex queries across Income Tax, GST, Transfer Pricing, and TDS, reshaping tax workflows for professionals

Sensex and Nifty tumbled amid weak global cues, persistent FII selling, pressure on IT and Reliance shares, and caution ahead of the US Federal Reserve’s policy outcome. Most Asian markets traded lower as crude prices softened and investor sentiment stayed fragile 

US President Donald Trump announced a $12-billion farm relief package and vowed tougher tariff action to shield American producers, singling out India and other Asian nations for allegedly dumping rice in the US market. He said tariffs would be used “aggressively” to protect farmers.

The Congress government announced 35 MoUs accounting for nearly Rs 1.88 lakh crore in investment commitments at the Telangana Rising Global Summit, with major pledges in deep tech, renewable energy, aerospace, logistics, and electronics, led by Brookfield’s Rs 75,000-crore Bharat Future City proposal

Indigo's lackadaisical and nonchalant attitude in adapting to the new DGCA rules has led to the crisis

President Donald Trump expressed concerns over Netflix’s US$ 72 billion deal to acquire Warner Bros. Discovery, citing potential market share issues. He said he would be involved in the regulatory decision, emphasizing the merger could reshape the entertainment industry