IndiGo Shares Fall 2% Amid Major Flight Delays and IT Issues

IndiGo shares finished almost 2 percent down on Wednesday as the airline dealt with extensive flight delays and cancellations prompted by IT and operational concerns. The parent company of IndiGo, InterGlobe Aviation, saw its stock close 1.73 percent down at Rs 5,599 on the NSE. The stock came under pressure amid problems at Hyderabad Airport, … Read more

As the PMI drops to a nine-month low, India loses its top manufacturing position

India relinquished its title as the world’s fastest-growing major industrial economy in November, as factory activity dropped more abruptly than predicted. The HSBC Manufacturing Purchasing Managers’ Index had one of the region’s worst month-over-month falls, falling from 59.2 in October to 56.6, a nine-month low. The decline was sufficient for Thailand to surpass India at … Read more

Crypto Becoming Global Infrastructure, Says Binance CEO Teng

Bitcoin’s $60K Crash May Mark Bear Market Midpoint: Kaiko

Binance CEO Richard Teng on December 3 stated with the increased legal clarity throughout the globe, crypto has sector has expanded multi-fold in the last one year, and will soon become the “global infrastructure layer.” Sharing updates on Binance’s progress at Binance Blockchain Week 2025 in Dubai, he noted that Binance Pay’s merchant base rose … Read more

IndiGrid to purchase ISTS project from ReNew for ₹372 crore

On Tuesday, IndiGrid, an Infrastructure Investment Trust (InvIT) in the electricity sector, announced the signing of final agreements to purchase Gadag Transmission, an Inter-State Transmission (ISTS) project located in Karnataka, for ₹372 crore, net working capital and cash adjustments excluded. Additionally, there will be an earn-out linked to change in legislation, availability, and bilateral billing-related … Read more