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When large parts of IndiGo’s network unravelled in the first week of December 2025, leaving thousands of passengers stranded and airfares soaring overnight, the episode was widely seen as another operational breakdown in a stretched aviation system. Indigo under CCI scrutiny Now, the Competition Commission of India has decided that the disruption warrants closer scrutiny. […]

Sebi proposes tighter rules for single-stock derivatives strategy The Securities and Exchange Board of India (Sebi) on Thursday proposed tightening margin rules for a trading strategy in single-stock derivatives. Under the proposal, the benefit of offsetting positions across different expiries will not be available on the day of expiry for singlestock derivative contracts expiring that

Surabhi Madan Jet Aviation has strengthened its legal team as Surabhi Madan joins as vice president and APAC general counsel. Prior to this, Madan was the senior director – legal at ASM. With more than two decades of experience, Madan has held executive leadership positions at ASM, Xerox and Genpact LLC. In her initial career,

Budget 2026 positions India to become global supply chain hub It seems from Union Budget 2026 proposals that India is ready to forgo some revenue now in order to import capital, technology and inventory and secure a cogent role in global manufacturing and supply chains over the medium to long term. Even though efforts have

Jindal Poly Films In a landmark ruling under the Companies Act, 2013, the National Company Law Tribunal (NCLT), New Delhi Principal Bench, has admitted what is being regarded as India’s first substantive shareholder class action against Jindal Poly Films Limited and its promoter-linked entities. By its order dated February 5, 2026, the tribunal dismissed an

Coming clean may be less taxing: Taxpayers could get away with paying significantly less on unexplained local income Mumbai: A hidden, quasi-amnesty window for tax on local income has crept into the fine print of the Finance Bill, perhaps unwittingly. A close reading of the budget documents shows that a person can slip away by

NSE board approves IPO via OFS, reconstitutes committee to oversee listing New Delhi, The board of the National Stock Exchange (NSE) on Friday cleared the decks for its long-awaited initial public offering, approving the launch of its issue that will consist entirely of an offer-for-sale, with no fresh issue component. The decision comes shortly after

The Delhi High Court on Friday said the “safe harbour” given to social media platform X, formerly called Twitter, under the law does not exempt it from joining the Sahyog portal. A bench of Justices Prathiba M Singh and Amit Sharma was hearing X Corp‘s application seeking discharge from an ongoing proceedings on the “lag”