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INDIA BUSINESS | Sun, 7 Dec 2025, 11:15PM IST IndiGo had sought more time, citing operational constraints arising from the magnitude of disruptions across multiple airports

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GLOBAL NEWS | Sun, 7 Dec 2025, 11:09PM IST The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.

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INDIA BUSINESS | Sun, 7 Dec 2025, 10:31PM IST IndiGo CEO Pieter Elbers sought and received a one-day extension from the DGCA. This follows a show-cause notice issued after over 1,000 flight cancellations. The disruptions stemmed from new pilot duty rules. The DGCA cited operational planning failures. IndiGo is working to restore services. Other airlines also raised concerns about the new rules.

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INDIA BUSINESS | Sun, 7 Dec 2025, 9:44PM IST IndiGo cancelled over 650 flights on Sunday, continuing disruptions to India's air travel. The airline and government report recovery signs. IndiGo increased flight volumes and processed refunds. Punctuality improved significantly. Schedules are expected to normalize by December 10. The Civil Aviation Ministry is monitoring the situation closely.

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INDIA NEWS | Sun, 7 Dec 2025, 9:44PM IST IndiGo cancelled over 650 flights on Sunday, prolonging a disruption that has unsettled Indias air travel system for nearly a week, even as both the airline and the government pointed to steady signs of recovery.After days of uncertainty, the airlines schedule began to firm up over the weekend.Official data accessed by PTI showed IndiGo operated a little over 700 flights on Friday, scaled this up to about 1,565 on Saturday, and planned to run around 1,650 flights on Sunday. While this is still well short of its usual daily average of around 2,300 flights, the uptick marks a clear improvement from the middle of the week.Also Read | IndiGo on-time performance hits 75% as ops recover; services restored across 137 stations, says CEO Pieter ElbersDespite the improvement though, the disruption was still visible at major hubs. More than 100 flights were cancelled each at Delhi and Mumbai airports on Sunday, reflecting IndiGos continued effort to limit knock-on delays by trimming its schedule. The airline confirmed that about 650 flights did not operate during the day.Sings of improvementThe country's largest airline also reported a significant improvement in punctuality.IndiGo projected an on-time performance of about 75% on Sunday, sharply higher than the nearly 30% recorded a day earlier, with services restored across 137 of its 138 network stations. CEO Pieter Elbers said cancellations were now being made earlier in the process to spare passengers the inconvenience of turning up at airports for flights that would not operate.Explaining the strategy, Elbers added that the airline had intentionally scaled back operations on Friday to reset the system before rebuilding from Saturday onward. He noted that the number of flights operated more than doubled over the weekend and said processes related to refunds, baggage delivery and rebooking were now functioning smoothly, with pending cases being cleared gradually.Minister of State for Civil Aviation Murlidhar Mohol acknowledged that passengers had borne the brunt of the disruption, describing the experience as mentally stressful for travellers. He said the government would ensure accountability once the airline completes a detailed review into what caused the breakdown in operations.Also Read | IndiGo Crisis: Rs 610 crore refunds processed to passengers, says Civil Aviation MinistryMeanwhile, the Civil Aviation Ministry said overall operations were stabilising, with IndiGo increasing flight volumes and processing over Rs 610 crore in refunds for affected passengers.Regulatory & operational responseAs part of its recovery effort, IndiGos parent company InterGlobe Aviation has constituted a Crisis Management Group to oversee day-to-day stabilisation and monitor progress. The airline has said it expects schedules to return to normal by December 10, barring unforeseen challenges.The civil aviation ministry said it has remained in close coordination with IndiGo, directing it to expedite refunds, return delayed baggage and curb excessive fares during the disruption.The recovery has unfolded under regulatory scrutiny.The Civil Aviation Ministry has issued a show-cause notice to IndiGo and its CEO, seeking an explanation for what it described as management lapses that led to large-scale disruption for passengers.

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INDIA BUSINESS | Sun, 7 Dec 2025, 9:44PM IST The showcase, held in the presence of Shashank Mani, the Member of Parliament from Deoria, was executed by Delhivery Robotics India Private Limited, a subsidiary of Delhivery

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INDIA BUSINESS | Sun, 7 Dec 2025, 9:22PM IST Ola Electric on Sunday said it has commenced mass deliveries of its 4680 Bharat Cell power vehicles. The S1 Pro+ (5.2kWh) is the first product to be powered by the company's indigenously manufactured 4680 Bharat Cell battery pack that delivers more range, better performance and enhanced safety. "Deliveries are now in full swing, and customers are proudly riding India's first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India's journey towards becoming a global EV hub," said a company spokesperson in a statement. With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house. S1 Pro+ (5.2kWh) is powered by a 13 kW motor offering a brisk acceleration of 0-40 kmph in just 2.1 seconds. The model comes with a range of 320 km and gets four riding modes - Hyper, Sports, Normal and Eco. It also offers enhanced safety with category-first dual ABS, a

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INDIA MARKET | Sun, 7 Dec 2025, 9:09PM IST Despite Verstappen's late-season surge, marked by consistently dominant performances and culminating in his eighth win of the season, Norris held firm.

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INDIA BUSINESS | Sun, 7 Dec 2025, 8:46PM IST IndiGo flight operations are recovering well. The airline expects around 75% on-time performance today, a major jump from yesterday. IndiGo is operating flights to 137 out of 138 network stations. The carrier is processing refunds, luggage, and rebooking for affected customers. This marks a strong rebound after recent disruptions.

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INDIA BUSINESS | Sun, 7 Dec 2025, 8:31PM IST Passengers are complaining about IndiGo's refund process. Many report being charged cancellation fees and receiving only partial refunds. This is happening despite a government directive for full refunds by Sunday evening. Some travellers are also facing issues with online travel platforms. The airline has processed refunds worth Rs 610 crore so far.

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INDIA BUSINESS | Sun, 7 Dec 2025, 8:27PM IST South Korea's HD Hyundai, one of the world's largest ship manufacturers, is planning to build a shipyard in Thoothukudi. The project may reportedly see an investment of around $2 billion

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INDIA BUSINESS | Sun, 7 Dec 2025, 8:13PM IST Board-led team includes chairman, ex-FAA chief, Amitabh Kant; 610 cr in refunds processed as airline eyes Dec 10 stability

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INDIA BUSINESS | Sun, 7 Dec 2025, 7:58PM IST IndiGo is investigating recent flight cancellations and disruptions. A senior official stated the issues stemmed from multiple factors, including crew planning adjustments for new flight duty rules. The airline expects operations to fully stabilize by December 10. Despite cancellations, IndiGo maintains it has sufficient pilots. The DGCA has issued show-cause notices to the IndiGo CEO and Accountable Manager.

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INDIA NEWS | Sun, 7 Dec 2025, 7:58PM IST IndiGo has initiated a detailed root cause analysis to identify the reasons behind the widespread flight cancellations and operational disruptions in recent days. A senior airline official said on Sunday that the situation resulted from a combination of factors, and the focus is currently on restoring full operational stability, which is expected by December 10.The disruptions have been linked to inadequate crew planning while implementing the updated flight duty time limitation (FDTL) norms. However, the airline insisted that it has a sufficient number of pilots and denied concerns about shortages."Our pilot numbers are fine while we may not be have the luxury of having a buffer," the official told PTI, adding that there has been no hiring freeze despite speculation that a lean operating strategy may have contributed to the disruption.IndiGo has experienced widespread cancellations over the past five days but said the situation is improving. The airline typically operates around 2,300 flights per day, but was forced to cut that to 1,500 flights on Saturday. On Sunday, operations increased to around 1,650 flights."We will need a root cause analysis, which will obviously take time... the disruptions happened due to a combination of factors and which factor played how much role (will be known after the root cause analysis)," the official said.Calling the situation a learning curve, he noted that the airline is focused on stabilising schedules and mitigating passenger inconvenience."We are normalising operations and full stability in operations is expected by December 10," he added.The second phase of the new flight duty time limitations rules, which limit night landings and came into effect on November 1, contributed to the operational challenges at the airline. When asked why rival carriers did not face similar turbulence, the official stated that other operators simply had a better staffing margin."We did not have the same kind of buffer. But that does not mean that there is a question of inadequacy, no. These are two different things," he said.The Directorate General of Civil Aviation (DGCA) has served show-cause notices to IndiGo CEO Pieter Elbers and Accountable Manager Isidro Porqueras, seeking explanations for the disruptions.On whether the situation could have been prevented, the official responded:"We will do our root cause analysis... we will do that and then we will come to know (what was the) planning lapse, if at all".Looking ahead to winter operations, the airline expressed confidence in handling weather-related challenges."For the fog season, the official said the airline is prepared and there are adequate number of aircraft and pilots. We are confident of managing the fog season."[With PTI inputs]

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INDIA BUSINESS | Sun, 7 Dec 2025, 7:49PM IST The Enforcement Directorate is soon expected to chargesheet a Gurugram-based real estate company and its promoters in a multi-crore money laundering investigation linked to alleged irregularities in the Pradhan Mantri Awas Yojna (PMAY) and fraud with homebuyers, official sources said Sunday. Swaraj Singh Yadav, the MD and "key person" of the company named Ocean Seven Buildtech Pvt. Ltd. (OSBPL), was arrested by the federal probe agency on November 13 and is currently lodged in jail under judicial custody. The ED has alleged that Yadav "fraudulently diverted" and laundered homebuyers' funds worth Rs 222 crore collected under PMAY through cancellation and re-sale of units at inflated prices, collection of substantial cash premiums, and diversion of Escrow proceeds into "shell" (dummy) entities. The PMAY aims to provide housing to the economically weaker sections as part of the Union government's ambitious plan to ensure 'home for all'. The agency, sources said, is carrying out an ...

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INDIA NEWS | Sun, 7 Dec 2025, 7:35PM IST The visiting European Union (EU) team will hold discussions with Commerce and Industry Minister Piyush Goyal on Monday on the progress of negotiations on the proposed free trade agreement, an official said. The meeting is important as both sides are eager to conclude the negotiations as early as possible. The team, led by EU's Directorate-General for Trade Sabine Weyand, is here to iron out differences on issues pertaining to both goods and services. They have fixed the year-end deadline to conclude talks. "The EU team will meet the minister on Monday," the official said. Differences that still need to be ironed out in certain areas such as steel, carbon tax, automobiles and non-tariff barriers. In June 2022, India and the 27-nation EU bloc resumed negotiations for a comprehensive FTA (free trade agreement), an investment protection agreement and a pact on geographical indications after a gap of over eight years. It was stalled in 2013 due to differences on the level of opening up markets. India's bilateral trade in goods with the EU was USD 136.53 billion in 2024-25 (exports worth USD 75.85 billion and imports worth USD 60.68 billion), making it the largest trading partner for goods. The EU market accounts for about 17 per cent of India's total exports, and the bloc's exports to India constitute 9 per cent of its total overseas shipments. Besides demanding significant duty cuts in automobiles and medical devices, the EU wants tax reduction in other products like wine, spirits, meat, poultry, and a strong intellectual property regime. Indian goods' exports to the EU, such as readymade garments, pharmaceuticals, steel, petroleum products, and electrical machinery, can become more competitive if the pact sails through.The India-EU trade pact negotiations cover 23 policy areas or chapters, including trade in goods, services, investment, rules of origin, customs and trade facilitation, government procurement, dispute settlement, intellectual property rights, and geographical indications.

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