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GLOBAL NEWS | Sat, 6 Dec 2025, 4:10AM IST The younger brother of Ken Kesey, the novelist and counterculture luminary, he turned a defunct creamery into what is now Nancys Probiotic Foods.

Continue reading at The New York Times

51m

GLOBAL NEWS | Sat, 6 Dec 2025, 1:56AM IST Cond Nast, the magazines parent company, said her contract would expire at the end of the year.

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3h

INDIA BUSINESS | Sat, 6 Dec 2025, 1:03AM IST Mahindra Logistics is significantly expanding its nationwide warehousing footprint in 2025, with a strategic focus on emerging industrial corridors. Recent leases in Telangana, Pune, the Northeast, and near Kolkata highlight the company's push into Tier-II and Tier-III markets to meet rising supply chain demands across India.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sat, 6 Dec 2025, 1:00AM IST Brookfield India REIT has successfully raised Rs 3,500 crore through a qualified institutional placement. This capital will partly finance the REIT's acquisition of Ecoworld, a significant office campus in Bengaluru. The deal marks the largest REIT acquisition in India. The placement saw strong subscription from both domestic and global investors, including major financial institutions.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:56AM IST FPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. This pause is due to the RBI's desire to ensure transparency regarding data-sharing practices in this collaboration. The issuance will kick back into gear once guidelines are established.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:56AM IST IndiGo's dominance in Indian aviation has caused significant passenger disruptions. Thousands faced travel chaos during peak seasons. Airport operations were impacted, with one airport temporarily shut. This situation highlights the risks of a single dominant carrier. Calls for fair competition and easing foreign airline entry are growing. India's aviation landscape has seen multiple airline collapses.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:56AM IST IndiGo CEO Pieter Elbers has apologized for over a thousand flight cancellations. Crew shortages and safety rules caused the disruptions. Operations are expected to stabilize between December 10 and 15. The airline is focusing on passenger communication, clearing stranded travelers, and realigning resources for a stable Saturday schedule. The situation worsened after a system reboot.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:53AM IST IndiGo flights are expected to stabilize by Saturday and return to normal within three days. The Civil Aviation Minister has ordered a high-level probe into recent disruptions. Urgent measures are being taken to assist passengers. Flight duty time limitations for IndiGo have been temporarily suspended to improve crew availability and restore schedules.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:38AM IST India and Russia are boosting nuclear energy ties. They will cooperate on the fuel cycle and support the Kudankulam plant. New advanced nuclear technologies are also on the agenda. Discussions will accelerate on Russian-designed reactors and joint manufacturing. Fuel for Kudankulam Units 3 and 4 has begun delivery. This marks a significant step in India's nuclear expansion plans.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:29AM IST The Reserve Bank of India will launch a two-month campaign in January to resolve all customer grievances pending for over a month with the RBI Ombudsman. Governor Sanjay Malhotra urged banks to address complaints promptly, noting a rise in pendency due to increased grievance numbers. The central bank is also strengthening customer service through various initiatives and online application availability.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:25AM IST State-run banks are preparing for the stock market debut of their sponsored regional rural banks. At least two such banks are expected to list in the first half of FY27. This move follows a consolidation exercise that reduced the number of regional rural banks. Eligible banks will meet specific financial criteria.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:21AM IST Spurious medicines were seized in Puducherry, prompting drug maker Abbott Healthcare to warn stockists. They must buy only from authorized suppliers. The government alerted the Drug Controller General of India about the circulation of fake drugs. The All India Organisation of Chemists and Druggists issued an advisory for safe business practices. This is a serious trade alert.

Continue reading at Economic Times

4h

INDIA BUSINESS | Sat, 6 Dec 2025, 12:20AM IST The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, aiming to make home and car loans cheaper. This move is expected to encourage banks to lower lending rates further, providing relief to borrowers.

Continue reading at Economic Times

4h

INDIA MARKET | Sat, 6 Dec 2025, 12:07AM IST India suspends new pilot duty-time rules to stabilise IndiGo after massive cancellations, as government launches inquiry and expects normal operations within 3 days

Continue reading at Business Standard

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