India's aviation regulator DGCA has directed IndiGo to dismiss a senior vice president and issued warnings to six executives, including the COO, following a probe into December 2025 flight disruptions that affected over 3 lakh passengers.
IndiGo's net profit plummeted 78% to Rs 549 crore in Q3 FY26 due to labor law impacts, operational issues, and rupee devaluation, despite a 6.7% revenue increase and massive flight disruptions in December.
Deepinder Goyal has stepped down as CEO of Eternal, with Albinder Dhindsa appointed as his successor. This leadership change at the Zomato-owned entity is expected to impact Eternal's share performance and strategic direction.
The Ministry of Statistics and Programme Implementation plans to hire 10,000 contract staff to strengthen data collection efforts across India, aiming to improve statistical accuracy and policy-making.
Apple has approached the Delhi High Court to prevent India's Competition Commission from accessing its global financial records in an antitrust probe, fearing potential $38 billion fines.
Madhya Pradesh Chief Minister Dr. Mohan Yadav announces new investor-friendly policies aimed at boosting economic growth and attracting investments to the state.
Albinder Dhindsa, founder of Blinkit, is set to take over as CEO of Eternal, replacing Deepinder Goyal in a major leadership shift announced in January 2026.
Union Minister Jyotiraditya Scindia announces Department of Posts' ambitious target of 30% revenue growth to Rs 17,546 crore for FY26, with five out of six verticals showing positive performance.
Larsen & Toubro plans to invest $1.2 billion in data centres, leveraging end-to-end ownership for cost advantages in the competitive AI infrastructure market against Tata, Adani, and Reliance.
IndiGo's compliance pledge with DGCA norms brings hope, but India's aviation market remains dominated by two players. With new airline entrants facing significant hurdles, the Competition Commission must maintain vigilant oversight to ensure fair competit
JSW Steel shares surged 5.7% after government import curbs, but Q3 earnings are expected to decline due to weak steel prices and higher costs, with analysts forecasting a sequential profit drop.
Mahindra Group Chairperson Anand Mahindra called Blackstone CEO Steve Schwarzman's praise of India's investment returns at Davos unprecedented validation of the country's economic trajectory.
Balaji Wafers has sold a 7% stake to US-based private equity firm General Atlantic at a valuation of ₹35,000 crore, aiming to professionalize operations and target a public listing in 3-4 years.
Nasscom urges Union Budget to extend ESOP tax deferment to all DPIIT-recognized startups, clarify tax treatment for foreign cloud providers using Indian data centers, and ease working capital pressures for tech companies.
French market research firm Ipsos plans to invest 1.2 billion euros in artificial intelligence and strategic acquisitions over the next five years to accelerate growth.
Eternal enters its first major post-founder leadership test after Deepinder Goyal steps down as CEO, prompting analyst caution about stock performance impact.
Zee Entertainment Enterprises reported a 5% YoY decline in Q3 FY26 net profit to ₹155 crore, while revenue grew 15% to ₹2,149 crore. EBITDA margin improved sharply to 16.1%.
Blinkit's ₹4 crore Q3 profit marks a significant shift from losses, driven by improved contribution per order. However, delivery fee waivers and accelerated store expansion could challenge future profitability.
Nalco's stock has doubled in FY26, outperforming the market. Its pivot to rare earths aligns with India's strategic goals but faces execution challenges amid high valuations.
Supreme Industries faces margin pressure from weak PVC prices despite strong volume growth. The company maintains FY26 targets but seeks price recovery to normalize operating margins.
Air India, owned by Tata Group, is projected to report a net loss of at least $1.6 billion in FY 2025-26 due to the Ahmedabad crash and Pakistan's airspace closure, impacting its turnaround plan.
Adani Energy Solutions reported Q3 FY2025-26 results with net profit declining 8% YoY to ₹574 crore while revenue surged 15% to ₹6,729 crore. Transmission business led growth with 19% revenue increase.
IndiGo reported a sharp 77.55% YoY drop in Q3 FY26 profit to ₹5,498 million, impacted by one-time costs. However, revenue grew 6.2% YoY and the airline saw a sequential improvement from a Q2 loss.
Zomato-parent Eternal's founder Deepinder Goyal resigns as CEO, surrendering employee stock options worth ₹900-1000 crore to expand company's ESOP pool by 3.3 crore shares.
Jacob Jose, CEO of Methods India, advocates for customs duty rationalization and capacity expansion incentives in Union Budget 2026 to strengthen India's capital goods ecosystem and reduce import dependence.
Adani Total Gas reported Q3 FY26 results with 11% YoY profit growth to ₹158.65 crore and 17% revenue increase to ₹1,639.22 crore, though sequential profit declined slightly.
IIFL Finance reports a multifold increase in Q3 net profit to ₹501 crore, but shares drop 13% after Income Tax Department orders a special audit. The NBFC also faces GST penalties in Bihar and Gujarat.
Mattress maker Duroflex Group, after over six decades as a family-run business, is preparing for an IPO. The company attributes its readiness to pan-India expansion, strong revenue growth, and investments from private equity firms Lighthouse Funds and Nor
The aviation ministry has asked airlines to submit requests for IndiGo slots freed up after 10% flight cancellations. A committee will allocate slots based on capacity demonstration.
ITC Hotels reports strong Q3 FY26 results with net profit rising 9.4% YoY to Rs 235.1 crore and revenue up 21.2% to Rs 1230.6 crore, driven by robust performance in corporate, wedding, and MICE segments.