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INDIA BUSINESS | Sun, 7 Dec 2025, 2:47PM IST FLY91 is removing convenience fees on all bookings made through its website for the entire month of December. This offer applies to all bookings made until December 31, 2025, regardless of travel dates. Passengers can enjoy direct savings and transparent pricing for their holiday journeys.

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INDIA BUSINESS | Sun, 7 Dec 2025, 2:40PM IST IndiGo said it is on track to stabilise operations by December 10 after days of major flight disruptions caused by pilot and crew shortages following revised DGCA Flight Duty Time Limit norms. The airline reported fewer cancellations, improved on-time performance (75% vs 30% earlier), and strengthened customer support for refunds and luggage.

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INDIA NEWS | Sun, 7 Dec 2025, 2:32PM IST MNRE has urged lenders to expand financing beyond module units to include upstream solar manufacturing while clarifying that no advisory has been issued to pause lending to renewable energy projects

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INDIA BUSINESS | Sun, 7 Dec 2025, 2:31PM IST Project Worldwide has launched its India/South Asia Project Hub in Bangalore, establishing a unified gateway for clients in a rapidly expanding market. This integrated hub brings together multiple specialist agencies under its "Hyperconnected Creativity" model, offering seamless access to cross-functional expertise through a single point of contact.

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INDIA MARKET | Sun, 7 Dec 2025, 2:28PM IST Tata Asset Managements Titanium SIF introduces Indian investors to institutional-style longshort investing, blending upside potential with disciplined downside control. Leveraging tactical hedging, multi-asset flexibility, and advanced derivative tools, the fund seeks to deliver smarter, more consistent risk-adjusted compounding. CIOEquities Rahul Singh highlights how Titanium aims to navigate market shifts while providing sophisticated investment solutions traditionally unavailable to most Indian investors.

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INDIA BUSINESS | Sun, 7 Dec 2025, 2:28PM IST Prime Video has expanded its Indian marketplace with Moviesphere+, a Lionsgate service offering Hollywood films and TV shows. Subscribers gain access to titles like 'The Hunger Games: The Ballad of Songbirds and Snakes' and 'Mad Men' at an introductory annual price. This addition enhances Prime Video's role as a distribution hub for global streamers in India.

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INDIA BUSINESS | Sun, 7 Dec 2025, 2:25PM IST Publicis Groupe India has expanded Himanshu Saxenas role, naming the BBH India managing director as president for the North and East regions across Saatchi & Saatchi India and Propagate. He will operate from Gurugram while continuing to lead BBH India, reporting to Paritosh Srivastava.

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INDIA MARKET | Sun, 7 Dec 2025, 2:15PM IST The tax department is being automatically notified of large cash movements

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INDIA NEWS | Sun, 7 Dec 2025, 2:04PM IST United States' Under Secretary of State for Political Affairs of the United States Allison Hooker will visit New Delhi and Bengaluru from December 7 to 11, a statement by the US Embassy said. Under Secretary Hooker's visit will focus on advancing the US-India strategic partnership, deepening economic and commercial ties, including increasing American exports, and fostering collaboration in emerging technologies, including artificial intelligence and space exploration.While in New Delhi, Under Secretary Hooker will meet with senior Indian officials to discuss regional security, economic cooperation, and shared priorities in the Indo-Pacific, including through the Foreign Office Consultations with Foreign Secretary Vikram Misri. In Bengaluru, she will visit the Indian Space Research Organisation and meet leaders from India's dynamic space, energy, and technology sectors to promote innovation in US-India research partnerships and to explore opportunities for expanded cooperation, as per the statement.Under Secretary Hooker's visit marks another step forward in advancing US President Donald Trump's priorities for a strong US-India partnership and a free and open Indo-Pacific, as per the statement.Meanwhile, on December 6, India and the United States have unequivocally condemned terrorism in all its forms and manifestations, including cross-border terrorism and renewed their commitment to strengthening multilateral cooperation in the field of countering terrorism, including in the UN, Quad and the Financial Action Task Force (FATF).The two countries held the 21st Meeting of the India-USA Joint Working Group (JWG) on Counter Terrorism (CT) and the 7th Designations Dialogue here on December 3.The two sides called for additional designations of ISIS and al-Qa'ida affiliates, and Lashkar-e-Tayyiba (LeT) and Jaish-e-Mohammad (JeM) and their proxy groups, supporters, sponsors, financiers and backers, under the UN 1267 sanctions regime, ensuring their members face a global asset freeze, travel ban, and arms embargo.India and the United States strongly condemned the terrorist attack in Pahalgam on April 22 and the recent heinous terror incident near the Red Fort, New Delhi, on November 10 and stressed that those responsible for terrorism should be held accountable.The meetings underscored the importance of bilateral cooperation in countering terrorism, reflecting the spirit and breadth of the India-USA Comprehensive Global Strategic Partnership, a Ministry of External Affairs release said.

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INDIA NEWS | Sun, 7 Dec 2025, 1:53PM IST India has already achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources, five years ahead of the target set under its Nationally Determined Contributions to the Paris Agreement.According to the Ministry of New and Renewable Energy release, as of October 31 2025, the installed capacity from non-fossil sources stands at about 259 GW, with 31.2 GW added in the current financial year up to October.At several places, it is being reported that the Ministry of New & Renewable Energy (MNRE) has issued an advisory to lenders to pause fresh financing to Renewable Energy Projects amid significant overcapacity concerns.It is hereby clarified that MNRE has not issued any advisory to Financial Institutions for stopping lending to either renewable energy power projects or to renewable energy equipment manufacturing facilities.However, MNRE, has circulated to Department of Financial Servies and NBFCs like PFC, REC and IREDA, the status of present installed ...

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INDIA MARKET | Sun, 7 Dec 2025, 1:32PM IST The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat. "This week, markets will closely track India's CPI print on December 12...Globally, the spotlight will be on the US Federal Reserve's interest rate decision, which could drive risk sentiment across emerging markets already navigating currency pressures," Ajit Mishra- SVP, Research, Religare Broking Ltd, said. The movement of the rupee, which breached 90 to a dollar last week, will also be tracked by investors. Investors' attention now shifts firmly to the upcoming US Federal Open Market Committee (FOMC) meeting scheduled for December 910, 2025, Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. "Alongside the FOMC decision, key US econo

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INDIA BUSINESS | Sun, 7 Dec 2025, 1:22PM IST India has reached half of its installed electricity capacity from non-fossil fuel sources, meeting this Nationally Determined Contribution target five years early. As of October 31, 2025, non-fossil capacity stands at about 259 GW, with 31.2 GW added in the current financial year, the Ministry of New and Renewable Energy (MNRE) said.

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INDIA MARKET | Sun, 7 Dec 2025, 1:19PM IST These laggards were identified using specific filters: a market cap below Rs 1,000 crore, a stock price under Rs 20, and a minimum recent trading volume of 5 lakh shares.

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INDIA BUSINESS | Sun, 7 Dec 2025, 1:19PM IST Odisha plans to have 15 airports operational by 2047. This initiative aims to boost the state's aviation sector. The government is focusing on infrastructure development and enhancing connectivity. Revenue generation from aviation services is also a key target. The state is also looking to promote flight training organizations and attract investments in aviation manufacturing and MRO facilities.

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INDIA BUSINESS | Sun, 7 Dec 2025, 1:18PM IST Union Minister Murlidhar Mohol stated that the government is closely monitoring IndiGo's flight disruptions and has taken immediate action against the airline for violating Flight Duty Time Limitations (FDTL). A 4-member committee is investigating, and IndiGo's CEO has received a show-cause notice. The government is also addressing potential airfare hikes by other airlines.

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INDIA MARKET | Sun, 7 Dec 2025, 1:15PM IST Home and furnishings company Wakefit Innovations Ltd has mobilised Rs 186 crore from three investors, Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B, ahead of its initial share-sale opening for public subscription.

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INDIA BUSINESS | Sun, 7 Dec 2025, 1:03PM IST Deloitte will this week launch an AI-powered platform 'Tax Pragya' to make tax research and insights accessible to its clients faster, a company official said on Sunday. Deloitte India Partner Sumit Singhania said Tax Pragya, which is set to be launched on December 9, has been built with direct and indirect tax-related data on over a million court cases and Deloitte's knowledge solution papers so that access to the insights is quicker and accurate. Tax analysts currently have to spend hours doing research on various court judgments before giving their feedback to clients. Tax Pragya will convert that time to just a few minutes and provide solutions from Deloitte's privately curated database, and not open source data. "Tax Pragya is an AI-powered tax, research and insight platform. It is enriched with two decades of Deloitte tax knowledge, perspective and jurisprudence. The goal is to move from a knowledge-intensive platform to an insightful platform. It's an agentic solution where w

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INDIA MARKET | Sun, 7 Dec 2025, 12:55PM IST Suzlon is pushing ahead with ambitious capacity expansion

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INDIA BUSINESS | Sun, 7 Dec 2025, 12:55PM IST Regional carrier FLY91 has waived convenience fees on all bookings made through its website for the entire month of December, offering festive-season travellers some relief as the aviation sector faces disruptions following several days of IndiGo cancellations.

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INDIA BUSINESS | Sun, 7 Dec 2025, 12:52PM IST HD Hyundai, a major South Korean shipbuilding company, will establish its first Indian shipyard in Thoothukudi, Tamil Nadu. This significant investment follows extensive scouting and discussions with various Indian states. The project highlights Tamil Nadu's strong policy framework and engineering ecosystem. HD Hyundai's presence signifies a major boost for India's maritime infrastructure and manufacturing capabilities.

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INDIA NEWS | Sun, 7 Dec 2025, 12:52PM IST Chennai: South Korean shipbuilding major HD Hyundai on Sunday announced that it is setting up its first shipyard in India in Tamil Nadu's Thoothukudi.The memorandum of understanding (MoU) was signed in the presence of Tamil Nadu chief minister MK Stalin, industries minister TRB Rajaa and senior leadership from HD Korea Shipbuilding and Offshore Engineering (KSOE). The investment amount was not disclosed."HD Hyundai was in talks with other states like Andhra Pradesh and Gujarat for this project but the scales tipped in favour of Tamil Nadu owing to the state's strong policy roadmap and thriving heavy engineering ecosystem for a project of this scale," a person in the know told ET.ET was the first to report in February that HD Hyundai was looking to set up a shipyard in India and had begun scouting for potential sites. At the time, the company had sent a delegation to visit Thoothukudi and Cuddalore in Tamil Nadu and had met executives at L&T to explore a tie-up.Later in May, ET had reported that the Centre had identified land for establishing mega shipbuilding and repair centres in Andhra Pradesh, Tamil Nadu, and Gujarat. Officials aware of the developments had said South Korea's HD Hyundai was close to finalising a partnership with Cochin Shipyard Limited (CSL) for domestically manufactured large vessels for intercontinental trade and that Thoothukudi was expected to be finalised for the mega infrastructure project. This year HD Hyundai reached a milestone by delivering a cumulative total of 5,000 vessels since the companys founding a record rarely matched in global shipbuilding, Hannae Choi, vice president and head of the corporate planning division at HD Korea Shipbuilding & Offshore Engineering (KSOE) said. We also operate shipyards in Vietnam, the Philippines, and Saudi Arabia. And now, we are here in India a nation full of energy and talent, with limitless potential, a nation rising with confidence and purpose and a nation that has chosen HD Hyundai as a partner. That is why we are here in India, he said.Further, he said he visited Thoothukudi with his team on Saturday and found that it had a strategic location, favourable climate, and skilled people."I could clearly imagine a mega shipyard being built here," he said. "This vision to build a mega-scale shipyard will be made possible together with the Government of India, the Government of Tamil Nadu, and HD Hyundai.""This step reflects the confidence that global industry leaders place in Tamil Nadus vision, stability and economic strength," Tamil Nadu industries minister TRB Rajaa said in a statement. "Thoothukudi offers climatic and geographic conditions suitable for a world class shipyard. With strong industry presence and major investments planned in port infrastructure, there is a clear pathway for expansion." He said that the state offered a clear policy roadmap, fast coordination and a strong coastal ecosystem for a project of this scale. "The state identified viable sites early and backed them with talent, infrastructure and incentives. Tamil Nadu provided a dependable and scalable environment for long term shipyard operations," Rajaa said.

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INDIA BUSINESS | Sun, 7 Dec 2025, 12:45PM IST The Ministry of New & Renewable Energy clarified it has not halted lending to renewable energy projects, despite concerns of oversupply in the solar PV module industry. The ministry aims for informed capital deployment, encouraging financing for upstream manufacturing stages rather than just modules. This comes as India nears its non-fossil fuel capacity target.

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INDIA NEWS | Sun, 7 Dec 2025, 12:45PM IST The Ministry of New & Renewable Energy (MNRE) on Sunday dismissed reports suggesting that it has asked financial institutions to pause fresh lending to renewable energy projects. The clarification comes amid concerns of oversupply in Indias solar photovoltaic (PV) module industry and follows earlier communication urging lenders to take a cautious view on financing new, standalone module manufacturing capacity.India has reached 50% of its installed power capacity from non-fossil fuel sources, five years ahead of its Paris Agreement target. As of 31 October 2025, non-fossil capacity stands at about 259 GW, including 31.2 GW added so far in FY26.The ministry said that there has been no advisory to Financial Institutions for stopping lending to either renewable energy power projects or to renewable energy equipment manufacturing facilities. It further said that the objective is not to halt financing but to ensure informed capital deployment across the solar manufacturing ecosystem.The MNRE confirmed circulating the status of domestic manufacturing capacities to the Department of Financial Services and institutions such as PFC, REC and IREDA. According to the ministry, this information has been shared so that institutions adopt a calibrated and well-informed approach while evaluating proposals for financing any manufacturing facility in solar PV manufacturing sector and explore and expand their solar PV manufacturing portfolio to upstream stages like solar cells, ingots-wafers and polysilicon as well as solar module ancillaries like solar glass and aluminium frames, etc. as well, rather than being limited to financing solar PV module manufacturing facilities alone.The clarification follows media reports stating that rapid expansion of standalone module units, combined with weakening export demand, could push the domestic market into oversupply. Over the last three years, several Indian companies scaled up module capacity to target the U.S. market. However, higher U.S. tariffs and increased scrutiny of Indian shipments involving China-origin components have curbed exports, contributing to excess capacity in India.Industry projections indicate module manufacturing capacity could rise to nearly 200 GW in the next few years, while solar cell capacity could grow to 100 GWwell above Indias near-term installation pace. This comes at a time when new solar project execution has slowed due to muted demand.The Government of India is committed to make India self-reliant in solar PV manufacturing and establish the country as a major player in the global value chain, the ministry said. It noted that solar module manufacturing capacity has expanded from 2.3 GW in 2014 to around 122 GW enlisted in the Approved List of Models and Manufacturers todayreflecting the cumulative efforts of industry, state governments and central initiatives.The ministry added that it remains committed to further strengthening the solar manufacturing ecosystem through continued policy support, infrastructure development, and innovation, and will continue working with stakeholders to ensure the sector remains competitive and future-ready.

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INDIA BUSINESS | Sun, 7 Dec 2025, 12:20PM IST IndiGo cancelled more than 220 flights at Delhi and Mumbai airports on Sunday, as the disruptions entered the sixth day while efforts are on to normalise operations. The disruptions have resulted in hundreds of flight cancellations and delays in the last few days, causing hardships to thousands of passengers. Sources said at least 112 flights were cancelled at the Mumbai airport and 109 flights at Delhi airport. After cancelling approximately 1,600 of its 2,300 daily flights on Friday, the airline saw a reduction in disruptions on Saturday, with cancellations falling to around 800, according to sources. IndiGo CEO Pieter Elbers and COO and Accountable Manager Porqueras on Saturday received DGCA notices, seeking explanations within 24 hours on the massive flight disruptions. "The main objective (of operating just 700 flights on Friday) was to reboot the network, systems, and rosters so that we could start afresh today (Saturday) with higher number of flights, improved stability, an

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INDIA MARKET | Sun, 7 Dec 2025, 12:19PM IST Cities such as Delhi, Bengaluru, and Hyderabad have seen some of the steepest revisions

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INDIA MARKET | Sun, 7 Dec 2025, 12:17PM IST Avadhut Sathe began his market journey in 1991, according to his academy's website

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INDIA BUSINESS | Sun, 7 Dec 2025, 12:11PM IST Foreign Investors sharp withdrawal follows a net outflow of 3,765 crore in November, further pressuring markets

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INDIA MARKET | Sun, 7 Dec 2025, 11:58AM IST Meeshos Rs 5,421.20 crore IPO, subscribed 79 times, is set to list on December 10, making it one of the most closely watched tech offerings of the year. The book-built issue, comprising a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares, saw overwhelming demand, signalling strong investor interest and grey-market gains of over 38%.

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INDIA BUSINESS | Sun, 7 Dec 2025, 11:27AM IST IndiGo's parent company, InterGlobe Aviation, has formed a Crisis Management Group. Senior board members and top executives are working to stabilize operations. This group is addressing hundreds of disrupted flights and passenger grievances. The airline's board met to receive a detailed briefing on the crisis. Measures are being reviewed to restore network integrity.

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INDIA BUSINESS | Sun, 7 Dec 2025, 11:24AM IST Home and furnishings company Wakefit Innovations Ltd has mobilised Rs 186 crore from three investors, Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B, ahead of its initial share-sale opening for public subscription. As a part of the transaction, Steadview Capital Mauritius, WhiteOak Capital and Capital 2B collectively purchased 95.57 lakh equity shares at Rs 195 apiece, according to a public announcement by Wakefit. Individually, Steadview Capital picked up shares worth Rs 101 crore, WhiteOak invested Rs 72 crore, and Capital 2B infused Rs 13 crore. These shares were purchased from Peak XV Partners, Redwood Trust and Verlinvest SA, and secondary share transfers were completed on December 3 and 4. Following this round, Wakefit on December 5 collected Rs 580 crore from anchor investors, including HDFC Life Insurance, Bajaj Life Insurance, Prudential Hong Kong, 360 One, Steadview Capital, Amundi Funds New Silk Road, HDFC Mutual Fund, and Axis Mutual ...

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INDIA BUSINESS | Sun, 7 Dec 2025, 11:15AM IST State-owned National Aluminium Company Ltd (Nalco) is aiming to start its Pottangi bauxite mines in Odisha by June next year as the company plans to ramp up its mining capacity supporting its goal of expanding its integrated aluminium business. Dilip Buildcon Ltd had emerged as L-1 bidder for the development and operation of Pottangi bauxite mines. "...our target is June next year we will be starting the mines," NALCO CMD Brijendra Pratap Singh said. The company is set to enhance its alumina production capacity at its Damanjodi refinery in Koraput district, Odisha. Nalco operates a 2.275 million tonnes per annum (MTPA) alumina refinery at the site and is undertaking the installation of a 5th stream that will add an additional 1 MTPA capacity. To support this expansion, the Odisha government has granted Nalco a mining lease for the Pottangi Bauxite Deposit in Koraput district. The lease covers an area of 697.979 hectares and is valid for 50 years, ensuring steady raw material suppl

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INDIA MARKET | Sun, 7 Dec 2025, 11:10AM IST This sharp withdrawal follows a net outflow of 3,765 crore in November, further pressuring markets

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INDIA MARKET | Sun, 7 Dec 2025, 10:45AM IST SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore.

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INDIA BUSINESS | Sun, 7 Dec 2025, 10:44AM IST Ceat is actively developing specialized tires for global markets, including Europe and the US, with the ambition of becoming a recognized international brand. The company is tailoring its product range to meet the specific needs of different regions, considering factors like road conditions and weather.

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INDIA BUSINESS | Sun, 7 Dec 2025, 10:38AM IST Railways and IRCTC have opened a helpdesk at Ahmedabad airport. Passengers facing IndiGo flight chaos can book train tickets directly. Special trains are running to Delhi. Extra coaches are being added to regular trains. This initiative aims to ease travel for thousands of inconvenienced passengers. Passengers are advised to reach stations early.

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INDIA BUSINESS | Sun, 7 Dec 2025, 10:38AM IST Railways and IRCTC have opened a helpdesk at Ahmedabad airport. Passengers facing IndiGo flight chaos can book train tickets directly. Special trains are running to Delhi. Extra coaches are being added to regular trains. This initiative aims to ease travel for thousands of inconvenienced passengers. Passengers are advised to reach stations early.

Continue reading at Economic Times

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INDIA MARKET | Sun, 7 Dec 2025, 10:37AM IST The combined market valuation of five of the top-10 most valued firms surged by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners.

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INDIA MARKET | Sun, 7 Dec 2025, 10:34AM IST China has regained global investor confidence in a stellar year for stocks, with the MSCI China Index rising about 30%, adding $2.4 trillion in value and outperforming the S&P 500. Fund managers including Amundi, BNP Paribas, Fidelity and Man Group expect further gains in 2026, driven by AI innovation and market resilience, as both passive and active inflows fuel the rally.

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INDIA MARKET | Sun, 7 Dec 2025, 10:32AM IST While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, SBI faced erosion from their valuation

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