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CBI registers Rs 1,085 crore fraud case against Anil Ambani, Reliance Communications
Updated : Mar 8, 2026

Rs 1,085 crore bank fraud: CBI files another case against Anil Ambani, RCom on PNB complaint

The case was registered on March 5 following a complaint filed by Punjab National Bank, which accused the borrowers of cheating two public sector lenders between 2013 and 2017

Barely 1 percent of women professionals currently occupy board-level positions
Updated : Mar 8, 2026

Are GCCs quietly redrawing the leadership map for women in India?

Corporate India continues to struggle with the mid-career drop-off among women leaders, even as the country’s booming GCC ecosystem quietly builds a new generation of globally visible women executives.

This is not the first time the company has faced such a tax claim. Meesho said a similar demand for the assessment year 2022–23 had been issued earlier and was disclosed in its prospectus.
Updated : Mar 7, 2026

Meesho gets ₹1,500 crore tax demand for FY24, company to challenge order

According to the exchange disclosure, the demand was raised through an assessment order issued under Section 143(3) of the Income Tax Act, along with a demand notice under Section 156. The total demand amounts to ₹1,499.73 crore, including interest, as per the filing.

The new offering expands Uber’s intercity portfolio, enabling riders to plan and book long-distance bus journeys in addition to cabs.
Updated : Mar 6, 2026

'We are the largest intercity player already': Prabhjeet Singh as Uber launches bus ticketing in India

Uber launches intercity bus ticketing in India with AbhiBus (Ixigo), tapping a $13-billion travel market and expanding its mobility platform beyond cabs as part of a broader super-app strategy.

IndiGo has more aircraft on order than any other airline in the top 20, with 907 orders in place. Its order book equals 228% of its current active fleet of 398 aircraft.
Updated : Mar 6, 2026

IndiGo among top five fastest-growing airlines in 2025: OAG

IndiGo was among the top five fastest-growing airlines in 2025, recording 10% growth despite a December 2025 operational crisis

The Strait of Hormuz handles nearly 20 per cent of global oil transportation, making it a vital chokepoint for international energy markets.
Updated : Mar 5, 2026

MRPL shuts refining units as West Asia crude supply disruption hits operations: Report

The refinery, which has a total capacity of about 300,000 barrels per day (bpd), reportedly shut a 100,000-bpd crude distillation unit along with several secondary processing units, including a hydrocracker, from Wednesday evening due to an emerging shortage of crude oil supplies.

DriveU has set up a dedicated team in Bengaluru and is running a pilot before expanding to cities like Mumbai, Delhi NCR, Chennai, and Hyderabad.
Updated : Mar 5, 2026

DriveU expands with 'Rentals by DriveU' to offer luxury chauffeur services

The service includes a network of 1,500+ cars, ranging from sedans to luxury models like Mercedes-Benz and BMW, and a robust operations system covering fleet onboarding, chauffeur grooming, and real-time customer support. 

IndusInd Bank has not officially commented on the reasons behind Banerjee's decision or whether a successor has been identified.
Updated : Mar 5, 2026

IndusInd Bank treasury chief to depart amid ongoing leadership reshuffle: Report

The bank continues to face a period of transition following its largest-ever quarterly loss in the quarter ending March 2025. The loss, which exceeded $230 million, was attributed to governance and accounting failures, prompting a significant reorganisation of the bank's senior management structure.

Adani Total Gas share price: The stock slumped 4.51 per cent to hit a low of Rs 612.85.
Updated : Mar 5, 2026

Adani Total Gas raises industrial gas price to ₹119/scm as Middle East conflict disrupts LNG supply

According to a customer notice reviewed by Reuters, ATGL has raised the price of gas used beyond the contracted daily limit to ₹119 per standard cubic metre. The revised rate applies when industrial clients consume more than 40% above their daily contract quantity.

GAIL added that QatarEnergy — the upstream LNG supplier to Petronet LNG — has also warned of a potential force majeure event because of the escalating hostilities in the region.  
Updated : Mar 5, 2026

West Asia tensions: GAIL says LNG supply cut to zero after Petronet invokes force majeure

GAIL said it is currently evaluating whether supply curtailments may be required for its downstream customers. “GAIL is currently assessing the situation with respect to any supply curtailment that may need to be imposed on its downstream customers,” the company said.

Morgan Stanley trims 3% of workforce despite strong investment banking boom
Updated : Mar 5, 2026

Morgan Stanley layoffs: 2,500 jobs cut despite $70.6 bn revenue; Who is affected, when cuts begin - What we know so far

The layoffs have surprised many observers because the bank posted record full-year revenue of $70.6 billion in 2025 and saw a surge in dealmaking activity that boosted its investment banking business

Qatar supplies nearly 40% of India’s LNG imports, making it a critical energy partner for the country.
Updated : Mar 4, 2026

Qatar Energy halts LNG output, Petronet LNG issues force majeure notice amid West Asia tensions

In a statement posted on X, QatarEnergy confirmed the move, saying it had stopped production of LNG and associated products due to the evolving security situation.

While the government remains confident about its reserves and diversified supply chains, analysts tracking the energy sector caution that LPG and LNG could prove more sensitive than crude oil.
Updated : Mar 3, 2026

West Asia conflict: India has 2–3 weeks of LNG Reserves, comfortably placed on LPG, say oil ministry sources 

This comes as global energy markets react to a dramatic escalation in the West Asia conflict. On Monday, following regional drone strikes, QatarEnergy announced an immediate halt in production at its major facilities in Ras Laffan and Mesaieed.

iran war conflict middle east us israel strikes
Updated : Mar 3, 2026

Gulf tensions: JSW Infra says its storage tank hit by drone debris in Fujairah Oil Zone

The incident occurred against the backdrop of the ongoing conflict involving the US, Israel and Iran, which has heightened security risks across the Gulf region.

HSBC estimates that for every $1 per barrel increase in jet fuel prices could raise IndiGo’s annual fuel bill by about ₹300 crore and SpiceJet’s by ₹27.5 crore.
Updated : Mar 3, 2026

West Asia flight suspensions: Air India faces 40% hit, IndiGo 20%, SpiceJet also impacted, says HSBC report

In terms of financial impact, HSBC estimates IndiGo could face a daily revenue loss of ₹450–500 million and a daily net profit loss of ₹40–50 million. For SpiceJet, the projected daily revenue loss is ₹50–55 million, with a net profit impact of ₹2.5–3.5 million per day.

Sunil Bharti Mittal receives the GSMA Lifetime Achievement Award
Updated : Mar 3, 2026

Sunil Bharti Mittal awarded with GSMA Lifetime Achievement Award for his impact on telecommunications sector

Sunil Bharti Mittal said that telecommunication is a force that expands opportunity, places essential services in the palm of every individual and unlocks human potential.

The airline said scheduled services from Muscat will operate to Delhi, Kochi, Kozhikode, Mangaluru, Mumbai and Tiruchirappalli. 
Updated : Mar 2, 2026

Air India Express to resume Muscat flights from March 3; Middle East routes remain suspended 

The first departing flight from Muscat will operate to Tiruchirappalli, scheduled to leave at 10:25 local time, the airline said in a travel advisory. Passengers have been advised to check the latest flight status on the airline’s website before heading to the airport. 

The new V-Class launched in India will be offered in an extra-long wheelbase as standard.
Updated : Mar 2, 2026

Mercedes Benz hopeful of demand-driven sales growth in 2026

Mercedes has launched the V-Class in India at prices starting Rs 1.40 crore and it will be locally made at its Chakan plant near Pune.

Businesses from where MAM will withdraw include research and development, production, and domestic and overseas sales of agricultural machinery, the filing said.
Updated : Mar 2, 2026

Mahindra & Mahindra to exit Japanese agri machinery business

Mitsubishi Mahindra Agricultural Machinery will cease operations by the first half of the financial year 2026-27 in a sustainable manner, but will continue to supply parts and warranty support for existing customers, according to a stock exchange filing.

Three such PHWRs KAPS-3&4 and RAPP-7, are successfully operating in the states of Gujarat and Rajasthan respectively.
Updated : Mar 1, 2026

NPCIL started the construction of indigenous 700 MW Pressurised Heavy Water Reactors in Kaiga Units 5&6

NPCIL started the construction of indigenous 700 MW Pressurised Heavy Water Reactors in Kaiga Units 5&6.

As sales collapse, the loss-making EV maker is also slashing its store count to become leaner. I
Updated : Feb 28, 2026

Ola Electric falls behind Ampere maker Greaves in February EV sales

Ola Electric sold 3,891 electric vehicles in February, dropping to the sixth spot in India electric two-wheeler race, according to retail sales data sourced from the government’s VAHAN portal.

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