Ceo News

IndiGo is facing one of its biggest operational crises in years. After massive flight cancellations and delays across major airports, IndiGo’s stock price crashed nearly 7% in Monday’s trading session. Delhi Airport has warned passengers that delays may continue, even as the airline attempts to stabilise operations by December 10. More than 400 flights were cancelled on Sunday alone, with IndiGo processing over ₹610 crore worth of automatic ticket refunds for affected passengers. The airline says it is recovering, operating around 1,650 flights today, up from 1,500 the previous day. The DGCA has issued a show-cause notice to IndiGo’s CEO for lapses in planning, staffing, and compliance with new FDTL rules. The regulator has extended the deadline for IndiGo’s response until December 8, cautioning against any further delay. IndiGo has also announced a full waiver on cancellation and rescheduling charges for travel between December 5 and 15. Watch the full video for the latest developments, timelines, and what this means for passengers and investors.

IndiGo CHAOS: CEO Pieter Elbers admits 1,000+ flights CANCELLED today—worst day yet! Amid 3-day meltdown from system reboot, crew shortages & FDTL norms, airline apologizes: Shaken our 19-year reliability. Full recovery? Dec 10-15, despite govt's Monday promise. Cancellations drop below 1K tomorrow. Stranded passengers, refunds assured—don't rush airports! What's behind India's biggest airline crisis?

Shark Tank judge Namita Thapar is the latest to jump into the 'demographic duty' debate, which started after Sridhar Vembu, the founder and former chief executive officer of Zoho Corp., advised young entrepreneurs to marry and have children early in life, as “a demographic duty to society”. Vembu, who returned to India in 2019-20 after spending nearly two decades in the US, was reposting Upasana Konidela—founder of wellness platform URLife—who during her recent visit to IIT Hyderabad found that male students are more willing to get married than women. “The women seemed far more career-focused!!!! This is the new - Progressive India,” she said in a post. While Vembu opposed this view, it's started a firestorm online. Watch.

Elon Musk’s $1T pay package approved by Tesla shareholders—richest man dances with Optimus robot at 2025 AGM in Austin, Texas! Musk’s decade-long compensation plan sparks buzz; Tesla’s humanoid robot steals the show. Watch the viral moment!

Net profit was at ₹21 crore, weighed down by a one-time ₹190 crore impairment on a loan to its gaming joint venture, First Games Technology Pvt. Ltd. Excluding the charge, underlying PAT was ₹211 crore.

Taking to X, Vijay Shekhar Sharma appreciated WhatsApp's recently-implemented feature of automatically blocking messages from unknown numbers if they come in a high volume.

Paytm launched its new ‘Paytm Playback’ feature, which creates an AI-powered rap on your financial spending for the last one month period via the online payments platform. Check the step-by-step guide on how to create this Paytm AI rap song…

Rollin’ With The Boss is back with Season 2! In this episode, host Abhishek Singh, Deputy Editor, sits down with Sumit Gupta, Co-founder & CEO of @CoinDCX , to unpack the fascinating journey of building one of India’s leading crypto platforms. From the early days of starting up to navigating India’s evolving crypto landscape, Sumit shares candid insights on entrepreneurship, regulation, and innovation. The conversation also dives into the new gaming bill, the future of digital assets, and what lies ahead for India in the global crypto ecosystem.

SoftBank Group Corp. has agreed to invest $2 billion in Intel, buying shares at $23 each. The move boosts Intel’s efforts to reclaim chip industry leadership and strengthens US semiconductor innovation. Intel shares rose 5% after the news, highlighting strong confidence in the company’s future and manufacturing role. Watch!

Over the last 15 months, Paytm shares have ended 13 months in the green, including a nearly 18% jump in July, despite broader market weakness. In the previous session, the stock also touched its highest level since January 2022.