Stranded passengers search for their luggage near a counter after IndiGo cancelled more than 400 flights, at the Kempegowda International Airport, in Bengaluru, Karnataka. (File photo/ PTI) CHENNAI: When IndiGo’s flight operations went topsy-turvy in December last year, there were videos and photos of hapless and tired passengers confronting ground staff. The Directorate General of…
MUMBAI: Nykaa’s net profits more than doubled to Rs 67.7 crore on a consolidated basis in the Dec quarter from Rs 26.4 crore in the year-ago quarter. Revenue from operations increased to Rs 2,873.2 crore from Rs 2,276.2 crore in the year ago period on the back of robust consumer demand for beauty products and…
Strategy (MSTR) reported a net loss of $12.4 billion in the fourth quarter of 2025 as the price of bitcoin BTC$71,091.27 tumbled from about $120,000 on October 1 to roughly $89,000 to close the year. Things have only gotten worse since, with the price of bitcoin falling hard in recent weeks and finally crashing on…
JAMMU: A bitter dispute over identity and regional recognition rocked J&K assembly for a second straight day after opposition leader Sunil Sharma of BJP dismissed the existence of the “Pir Panjal region” — triggering protests, walkouts and demands for an apology from lawmakers.CM Omar Abdullah said Thursday that Sharma’s remarks had “angered an entire region”…
Wall Street’s main preoccupation this week could be summed up like this: Is the software sell-off overdone or does it signify the start of an unraveling AI bubble? Software stocks continued their rout on Thursday, with the iShares Expanded Tech-Software Sector ETF (IGV) down more than 9% week to date. Anthropic’s latest updates to Claude…
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…
U.S. Treasury Secretary Scott Bessent fired warning shots at crypto insiders who are pushing back in the negotiations over a digital assets market structure bill in the Senate — briefly aligning with Democratic Senator Mark Warner in expressing frustration during a hearing on Thursday. “There seems to be a nihilist group in the industry who…
KC Venugopal (left), Om Birla (right) New Delhi: In a letter to Speaker Om Birla, Congress MP KC Venugopal said the passage of the motion of thanks to the President’s joint address without a reply by PM Narendra Modi, and in his absence from Lok Sabha on Wendnesday, constitutes procedural irregularities.Venugopal said Rule 20 mandates…
Gabby Jones | Bloomberg | Getty Images Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and…
US stock markets declined on Thursday as weakness in technology stocks, led by Alphabet, dragged benchmark indices lower, while bitcoin and precious metals also recorded sharp losses, according to AP.The S&P 500 fell 0.8% and was heading toward its sixth loss in the seven days since setting an all-time high. The Dow Jones Industrial Average…
