National
Shares of InterGlobe Aviation, the operator of IndiGo, have fallen around 21 percent in December, as investors react to the airline’s continuing operational troubles and regulatory pressure. CEO Summoned by Aviation Regulator The Directorate General of Civil Aviation (DGCA) has summoned IndiGo CEO Pieter Elbers to appear before the regulator on Thursday. He is expected
South India State News
A vigilance probe at the Tirumala Tirupati Devasthanams (TTD) has uncovered a ₹55 crore procurement scam, where dupattas supplied to the temple over nearly a decade were found to be 100 percent polyester instead of the pure mulberry silk mandated in the tender. The dupattas are traditionally offered during rituals and to donors, making quality […]
International
Dhruva Jaishankar, Executive Director of ORF America and son of Indian External Affairs Minister S. Jaishankar, told a US congressional panel that Washington’s engagement with Pakistan’s military remains a sensitive issue for New Delhi. He made the remarks during a hearing of the House Foreign Affairs Subcommittee on South and Central Asia. India Watches US–Pakistan […]
Business
Adani Enterprises Ltd (AEL) has completed its ₹25,000-crore rights issue with an overall subscription level of 108 percent, reflecting strong investor confidence. The company received bids for 14.95 crore shares against 13.85 crore shares on offer. Public Portion Oversubscribed The public portion of the issue saw significant interest and was oversubscribed by around 30