LTIMindtree Ltd has secured a major contract worth ₹3,000 crore ($332 million) from the Central Board of Direct Taxes (CBDT), marking its third-largest order in the past year. The engagement involves developing an AI-driven program to modernize India’s national tax analytics platform, according to a stock exchange filing on Friday. This seven-year project underscores LTIMindtree’s…
Shares of Avenue Supermarts, which operates the retail chain DMart, garnered traction in Wednesday’s trading session, January 7, as they gained 5% to the day’s high of ₹3,844.70 apiece, marking their biggest single-day gain since mid-August 2025. On BSE, 82,000 shares of DMart changed hands as of 2.40 pm, as against the two-week average of 39,000 shares….
After a sluggish start to 2026, Indian stocks rebounded strongly in Friday’s session (January 2), driven by gains in banking, realty, and metal stocks. The Nifty 50 ended the session with a sharp gain of 0.70%, or 186.60 points, to close at 26,326. During late trade, the index also scaled a fresh record high of…
Silver prices could move sharply higher over the next two years, with levels of $95–100 an ounce possible by 2026, while gold could trade in the range of $4,900–5,100 an ounce, according to Surendra Mehta, Secretary of the India Bullion and Jewellers Association. Mehta said the recent rally in silver is being driven by structural…
The Competition Commission of India (CCI) has requested information from IndiGo Airlines amid an ongoing probe into potential abuse of dominance, according to Business Standard sources. The investigation aims to determine whether the airline engaged in exploitative practices that caused widespread consumer inconvenience, particularly through steep fare hikes following recent flight cancellations. Under the Competition…
Mumbai’s inability to expand passenger capacity over the past decade has prevented it from becoming India’s leading global aviation hub, according to Jeet Adani, Director of Airports at Adani Airports Holdings Ltd (AAHL). Speaking to Moneycontrol, he noted that Mumbai should be compared with cities like London, which operates five airports to handle international and…
The Indian equity markets rebounded sharply on Thursday, with benchmark indices rising over half a percent amid last-minute buying during a volatile session marked by the weekly Sensex derivatives expiry. The markets initially opened strong but slipped into the red before recovering as value buying emerged after three consecutive days of losses. The Sensex closed…
Shares of InterGlobe Aviation Ltd., the parent company of IndiGo and India’s largest airline, fell 2% on Tuesday, December 9, after being the biggest loser on the Nifty 50 on Monday. IndiGo recorded its steepest single-day decline since February 2022 and has now suffered losses for seven consecutive sessions, its longest slump since February 2023….
IndiGo’s operational crisis, triggered by the new Flight Duty Time Limitation (FDTL) rules effective from November 1, has revealed a clear gap between the airline’s assurances to investors and the reality on the ground. Despite repeatedly claiming that the revised crew-rest norms would have minimal impact and that it was fully prepared for the busy…
Pakistan International Airlines (PIA) is approaching a critical turning point, with Prime Minister Shehbaz Sharif announcing that bidding for the national carrier will take place on December 23, to be broadcast live for transparency. The move comes under a $7 billion IMF program after years of losses and failed attempts to privatise the airline. Once…
