IndiGo Vacates 700+ Slots After DGCA Schedule Reduction
IndiGo has vacated 717 airport slots at domestic airports including Delhi, Mumbai, and Bengaluru following a 10% winter schedule reduction ordered by DGCA after operational disruptions.
Category : Corporate News
Infosys Collects Home Power Data from WFH Staff
Infosys is gathering household electricity consumption data from work-from-home employees to offset emissions through clean energy initiatives as part of its 15-year sustainability program.
Sundar Pichai Sells $10.6M in Google Shares
Google CEO Sundar Pichai has sold 30,521 shares of Alphabet stock worth $10.6 million under a pre-planned trading arrangement, ahead of the company's Q4 earnings announcement.
Goldman Sachs CEO Pay Hits $47M in 2025, Beats JPMorgan
Goldman Sachs CEO David Solomon's compensation jumped 21% to $47 million for 2025, surpassing JPMorgan CEO Jamie Dimon's pay hike. The increase reflects record performance at the investment bank.
Exide Powers Kolkata Literary Meet with Ideas and Stories
Exide Industries sponsors the Kolkata Literary Meet, fostering intellectual exchange and storytelling through panel discussions and author interactions in the cultural capital.
Adani Seeks US Court Deferral in Bribery Case
Gautam Adani and nephew Sagar Adani request US court to postpone ruling as discussions with SEC continue. First legal submission made 14 months after case filing.
Adani Enterprises Denies Legal Proceedings Involvement
Adani Enterprises clarified to stock exchanges it's not party to legal proceedings mentioned in media reports about SEC seeking summons for Gautam and Sagar Adani, following heavy selling pressure on group stocks.
Nvidia Director Drell Leaves Board with $26M in Shares
Nvidia Corporation director Persis Drell resigns to pursue new opportunities, departing with 143,000 shares worth $26 million after Nvidia's stock soared 22,000% since 2015.
Rahul Bajaj: Architect of India's Business Spine
Rahul Bajaj transformed Bajaj Auto into an Indian institution, championing middle-class mobility with the iconic Chetak scooter while challenging the Licence Raj with his forthright leadership.
Maharashtra CM Meets Coinbase VP at Davos WEF
Maharashtra CM Devendra Fadnavis met Coinbase VP Tom Duff Gordon at Davos WEF, discussing crypto tokenization for 4 billion unbanked. Coinbase CEO to visit India, while state plans a massive 1.5 GW data centre with AI park.
Budget's FRR 2.0 to Provide Debt Relief for MSMEs
The upcoming Union Budget may introduce FRR 2.0, a new framework offering extended repayment timelines, penalty waivers, and a digital platform to ease loan restructuring for MSMEs facing debt challenges.
₹9,800 Crore Maritime Fund in Budget to Boost Shipping
The upcoming budget is set to allocate ₹9,800 crore as the government's contribution to the ₹25,000 crore Maritime Development Fund, aiming to lower capital costs and attract ₹1.5 trillion investment in shipyards and coastal infrastructure by 2030.
FRK Manufacturers Sue Punjab Over Supply Rule Changes
Fortified rice kernel manufacturers in Punjab have moved the high court against Pungrain's alleged arbitrary changes to supply rules, claiming violations of constitutional rights and disruption of operations.
Ludhiana Firm Defrauded of Rs 9 Crore Construction Material
A prominent construction company in Ludhiana has been defrauded of building materials valued at approximately Rs 9 crore in a sophisticated scam involving forged documents and fraudulent transactions.
Torrent Power Leads National Power Distribution Rankings
Torrent Power Limited has secured the top position among 65 power distribution companies in India, according to the latest government ratings. Its Ahmedabad and Surat units scored perfect 100/100 with A+ grade.
Mphasis CEO: Blackstone Stake Sale Reflects Natural PE Cycle
Mphasis CEO Nitin Rakesh clarifies that Blackstone's planned stake sale is a normal phase in the private equity investment lifecycle, not a sign of lost confidence in the IT company's performance.
SC Issues Notices to Anil Ambani Group Over Fraud Allegations
The Supreme Court has issued notices to the Anil Ambani-led Reliance Group in a case involving allegations of financial fraud, marking a significant legal development in India's corporate sector.
SC Concerned Over No Check on Airfares, Seeks Explanation
The Supreme Court of India has expressed serious concern over the government's failure to regulate escalating airfares, demanding an explanation for the lack of price controls in the aviation sector.
US Seeks Live Nation Breakup Over Ticketmaster Monopoly
The US Justice Department argues Live Nation should be broken up for maintaining a stranglehold on live events by freezing out venues that don't use Ticketmaster.
Canadian Dollar Posts Biggest Weekly Gain Since May
The Canadian dollar surged 1.5% this week, its strongest weekly performance since May, driven by broad U.S. dollar weakness and positive domestic retail sales data.
Trichy: Unions, Farmers Plan Feb 12 Strike Against Govt Policies
Central trade unions and farmers' groups held a state-level conference in Trichy, passing six resolutions against government policies they call anti-worker and anti-farmer, and mobilizing for a nationwide strike on February 12.
2026 Layoffs: Amazon, Ericsson, FedEx, Citigroup, BlackRock Cut Jobs
Major corporations including Amazon, Ericsson, FedEx, Citigroup, and BlackRock announce significant job cuts in early 2026, affecting thousands globally across tech, telecom, logistics, and finance sectors.
PepsiCo India Names Savitha Balachandran as CFO
PepsiCo India has appointed Savitha Balachandran as its new Chief Financial Officer, bringing over two decades of experience to lead financial strategy for the beverage and snack giant's operations in the country.
Adani Green Q3 Profit Dives to ₹5 Crore on Spot Market Woes
Adani Green Energy's Q3 FY26 net profit crashed to ₹5 crore from ₹474 crore YoY due to high spot market sales and rising interest costs, despite 9% revenue growth to ₹2,618 crore.
BPCL-Petrobras $780M Oil Deal at India Energy Week
State-run Bharat Petroleum Corp Ltd (BPCL) will sign a $780 million contract with Brazil's Petrobras for 12 million barrels of crude oil at India Energy Week 2026 in Goa, as India diversifies oil imports beyond Russia and West Asia.
IndiGo Vacates 717 Slots After DGCA Winter Flight Cuts
IndiGo has vacated 717 slots at domestic airports following DGCA's decision to curtail winter flights. Slots represent specific time periods for aircraft takeoff and landing operations.
Coforge & Mphasis Beat Q3 Expectations Amid IT Slowdown
Mid-sized IT outsourcers Coforge and Mphasis outperformed analyst forecasts in Q3 FY2026, with revenue growth driven by retail, manufacturing, and banking sectors despite seasonal challenges and industry-wide demand uncertainty.
Piccadily Agro Q3 PAT Soars 92% on Premium Spirits Demand
Piccadily Agro Industries Limited posts robust Q3 FY26 results with 52.5% revenue growth and 92.2% PAT increase, driven by premium single malt and spirits portfolio expansion.
Amazon Second Layoff Round Next Week, 30,000 Jobs Targeted
Amazon plans second round of job cuts next week as part of 30,000 workforce reduction, affecting AWS, retail, Prime Video, and HR divisions, marking largest layoff in company history.
Deloitte US Job Title Overhaul for AI Era from June 2026
Deloitte US announces a major job title restructuring starting June 2026, replacing traditional hierarchical roles with specialized families and alphanumeric codes to align with AI-driven demands.
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