IndiGo's Q3 profit fell 78% to Rs 549 crore, hit by a Rs 577 crore loss from December's operational meltdown and a Rs 969 crore labour code provision. The DGCA imposed a record Rs 22.20 crore fine, but the airline expects a 10% seat capacity rise in Q4.
IndiGo reported a 78% year-on-year drop in Q3 FY26 profit to ₹549 crore, its weakest in four years, due to new labour codes and December flight cancellations. The airline has lowered its growth guidance for the current quarter.
IndiGo's operational meltdown in early December led to a Rs 577 crore one-time hit, causing Q3 profit to drop 78% to Rs 549 crore. DGCA imposed a record Rs 22.20 crore fine for the disruption.
A massive blaze gutted an e-commerce warehouse in Ahmedabad's Chandkheda area early Thursday. Firefighters battled flames for 2.5 hours using eight water-bowsers. No injuries reported, some products salvaged.
Deputy Chief Minister of Gujarat, Harsh Sanghavi, announced at the World Economic Forum in Davos that Gujarat will be the first Indian state to launch a nuclear reactor under the new Shanti Bill, marking a significant step in India's clean energy and econ
Minda Corporation's Aakash Minda outlines a strategic plan to triple exports from India and its plants in Indonesia and Vietnam over the next five years, focusing on global expansion.
Gold and silver prices in India declined on Thursday, retreating from their record highs. The yellow metal of 99.9% purity dropped by Rs 2,500 to Rs 1,57,200 per 10 grams, marking a significant correction after reaching unprecedented levels.
A shortage of Iranian apples due to political unrest and environmental factors has caused prices to surge by ₹150-200 per 10kg in Indian wholesale markets, with Ramadan demand exacerbating the situation.
US equities surged on Thursday, recovering from earlier weekly losses after President Donald Trump stepped back from tariff threats against European nations over Greenland, calming trade tensions. Major indices posted gains amid improved market sentiment.
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.
Central Railway will receive two new non-AC EMU rakes with automatic doors from ICF Chennai by March 2026, developed after the 2025 Mumbra train accident that killed four passengers.
Central Railway plans to increase 15-coach local services from CSMT from 22 to nearly 44 daily by March, boosting capacity by 8-10% to ease congestion on busy corridors.
India's power transmission network has achieved a significant milestone by crossing 5 lakh circuit kilometres, marking a 71.6% growth since April 2014, enhancing national grid reliability and capacity.
Major US stock indices opened higher as geopolitical tensions cooled after President Trump dialed back tariff threats on Europe, while revised Q3 GDP data showed the fastest growth in two years.
PhonePe has filed an updated DRHP with SEBI for a massive IPO worth Rs 12,000-13,000 crore. The offer-for-sale will see Walmart, Microsoft, and Tiger Global selling shares amid market volatility.
Credit rating agency ICRA projects India's aviation industry losses to surge to Rs 17,000-18,000 crore in FY2026 from Rs 5,600 crore in FY2025 due to slowing traffic, high fuel costs, and rupee depreciation.
Bank of Maharashtra closes online registration for 600 Apprentice posts on January 25, 2026. Check eligibility, application fee, and steps to apply for this one-year training opportunity.
Economists and market participants have told RBI to focus on easing liquidity through OMOs and currency swaps rather than cutting rates in the upcoming February policy meeting.
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.
Ahead of Budget 2026, India's financial sector urges the government for capital easing measures, a credit growth push, and long-term policy stability to strengthen the economy.
Walmart-backed fintech giant PhonePe has secured SEBI approval for its IPO. The company is set to file updated draft papers soon, marking a major milestone in India's digital payments landscape.
A new four-lane highway project is set to revolutionize connectivity in Eastern Uttar Pradesh, enhancing regional development and economic growth through improved infrastructure.
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.
A detailed analysis reveals how evolving home buyer preferences in India are fundamentally reshaping the housing market for 2026, with a strong shift towards sustainability, technology, and community living.
As Budget 2026 approaches, financial experts propose a bold tax wishlist aimed at revitalizing India's stock market, including cuts in capital gains and securities transaction taxes.
The New Delhi Municipal Council announces a major revamp for Delhi's historic Super Bazar in Connaught Place, part of a broader 2026 redevelopment plan to modernize the iconic commercial hub.
Ahead of Union Budget 2026, agriculture and industry sectors demand tax relief, biofuel incentives, and infrastructure investments to boost growth and sustainability.
Key stocks to monitor today include Zomato with Blinkit focus, Dr Reddy's Laboratories, Bank of India, Anant Raj, PNB Housing, Waaree Energies, and Dalmia Bharat amid market movements.
A massive fire broke out at a Flipkart warehouse near the Swaminarayan Temple in Ahmedabad, Gujarat. Fire tenders and rescue teams are on-site conducting search operations. Details on casualties and injuries are awaited as authorities investigate the caus
Indian stock markets opened with mixed trends on January 22, 2026, as investors closely monitored key stocks like SBI, Asian Paints, Adani Ports, Ultratech Cement, and NTPC amid global cues and domestic factors.