Business updates

Business updates

CCI will investigate Indigo. But how did the airline become a monopoly?

While airlines fell by the wayside, IndiGo soared, so much so that it became too big to fail—until the Winter of 2025.>

Adani Group has an $11-billion aviation plan that doesn't include an airline

Adani Airports plans to bid for 11 airports that the government wants to lease to the private sector, Jeet Adani says.>

Stuffcool’s latest Gan chargers prove design and utility matter as much as watts

With Nomad Pro, So Far and Charge T, Indian tech company Stuffcool is betting on a more focused approach underlined by practicality>

Groww has the wherewithal to become India's Robinhood, Jefferies says

Groww has a product velocity model similar to that of Robinhood Markets in the US, Jefferies says while initiating coverage of the stock with a “buy” rating.>

ICICI Prudential AMC shares surge nearly 23% over IPO price on listing day

ICICI Prudential AMC's share price rose as much as 22.95% to ₹2,662.00 on debut, after listing at a 20% premium to the IPO price of ₹2,165.>

How Chinese cars are beating European tariffs

According to China’s customs agency, car exports to Europe rose to nearly 1.2m in the 12 months to November, up by 26% from a year earlier.>

Rupee strengthens to under 90/dollar after nearly a week after RBI steps in

The rupee appreciated 24 paise to 89.96 against the US dollar in early trade on Friday, supported by corporate dollar inflows and easing crude oil prices.>

Bank of Japan hikes benchmark interest rate to highest level since 1995

Bank of Japan increases the interest rate by 25 bps to 0.75% in a unanimous decision, thereby narrowing the rate gap with the US by 125 basis points this year.>

IndiGo share price in focus as it faces CCI probe after mass flight cancellations

IndiGo's share price is down by about 4.75% since the widespread flight cancellations on 5 December.>

TikTok signs deal to sell US unit to Oracle-led investor group

The TikTok US deal removes a persistent issue in US-China relations and signal progress in broader trade talks.>

Credits : HTimes