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IndiGo CEO Pieter Elbers resigns, co-founder Rahul Bhatia returns after flight crisis

India, March 10 -- IndiGo CEO Pieter Elbers has resigned, India's largest airline operated by Interglobe Aviation Ltd. said on Tuesday, in the aftermath of the carrier's worst-ever flight crisis. Rahu... Read More


Tata Motors PV eyes return to EV dominance with Punch EV even as CAFE-III looms

India, March 10 -- Tata Motors Passenger Vehicles Ltd. is betting that a refreshed, budget-friendly version of its Punch EV will be the catalyst that it needs to recapture a majority of India's fast-g... Read More


IndiGo among worst-hit as Iran war delivers crude shock to global airline stocks

India, March 9 -- India's airline stocks took a severe beating on Monday, leading a broader Asian market selloff as surging crude oil prices and an escalating Iran war threaten to cripple airline prof... Read More


Gas shortage hits ceramic hub in Gujarat's Morbi as Iran war widens

India, March 4 -- The ceramic industry in Gujarat's Morbi district is facing a looming production crisis as an escalating Iran war chokes the supply of essential natural gas. "Most of the gas and pet... Read More


Sensex down 2,743 points, Nifty 50 well below 25,000 as Iran war ignites stock market

India, March 2 -- Dalal Street in Mumbai was engulfed in panic on Monday as India's benchmark indices Sensex and Nifty 50 cratered at the opening bell, with investors unwilling to take fresh bets amid... Read More


Sensex, Nifty 50 smarting from Iran war, India VIX spikes highest since June

India, March 2 -- Dalal Street in Mumbai was engulfed in panic on Monday as India's benchmark indices Sensex and Nifty 50 cratered at the opening bell, with investors unwilling to take fresh bets amid... Read More


Sensex, Nifty 50 set for gap-down open as Iran war delivers crude shock for India

India, March 1 -- India's stock market is likely to see a gap-down open on Monday as the Iran war is certain to deliver a crude shock for the world's fourth largest economy. Expect elevated volatility... Read More


Strait of Hormuz holds global economy hostage amid Iran attacks by US, Israel

India, March 1 -- Amid coordinated attacks on Iran by the US and Israel, and Tehran retaliation across the Gulf, all eyes are on the Strait of Hormuz-just 33 km at its narrowest, no other waterway com... Read More


Deja vu for India trade as Iran attacks threaten exports, crude oil imports

India, Feb. 28 -- The Iran attacks by Israel and the United States, and Tehran's counter-offensive, threatens to put India's exports and oil imports into a disarray. The sense is that of a deja vu-a r... Read More


OpenAI gets $110-billion funding from Nvidia, Amazon, SoftBank ahead of IPO

India, Feb. 27 -- OpenAI Inc. has raised $110 billion in its biggest funding round yet led by Nvidia Inc., SoftBank Group Corp. and Amazon.com Inc. That pegs the Sam Altman-led company's valuation at ... Read More