Corporate

Following this acquisition, RCPL holds a majority stake, while erstwhile promoters of Udhaiyams Agro Foods Private Ltd — S Sudhakar and S Dinakar — will continue to hold a minority stake in the company.

Updated : Dec 18, 2025

Reliance acquires majority stake in Tamil Nadu’s heritage brand Udhaiyams Agro

The deal, which is expected to add strength to Reliance Consumer Products’ branded staples portfolio, comes two days after the FMCG major announced a significant expansion into the packaged foods market with the relaunch of 75-year-old legacy foods brand SIL as its flagship offering in the segment.

As per the DGCA, IndiGo acknowledged that it was short of pilots in relation to the requirements under the new FDTL norms.

Updated : Dec 18, 2025

Flight disruptions: CCI opens inquiry into IndiGo, airline says operations back to normal

The development follows severe operational disruptions earlier this month that led to widespread cancellations and delays across IndiGo’s network. The airline cancelled over 5,000 flights in the first 10 days of December, impacting thousands of passengers nationwide.

At the restaurant level, the study showed that platform participation has significantly expanded market access and business activity.

Updated : Dec 18, 2025

Food delivery key economic engine; it is now driving jobs and MSME growth

Study reveals that food delivery platforms generated Rs 1.2 lakh crore in gross output in 2023-24

Updated : Dec 18, 2025

Food delivery key economic engine; it is now driving jobs and MSME growth

Study reveals that food delivery platforms generated Rs 1.2 lakh crore in gross output in 2023-24.

Anupam Mittal lauds Meesho as its share price doubles after IPO

Updated : Dec 18, 2025

India doesn’t just consume platforms, it reshapes: Anupam Mittal lauds Meesho after its share price doubles from IPO

“Watching Meesho quietly win in Bharat while Amazon and Flipkart throw everything they have at India, is a good reminder," said Mittal.

Updated : Dec 18, 2025

'The worst is behind us': IndiGo restores network to 2,200 flights. Read CEO's full message to employees

He also advised employees to avoid any sort of speculation and stay focused on professional responsibilities.

Speciale Invest to launch Growth Fund II, a Rs 1,400 crore growth-stage fund

Updated : Dec 18, 2025

Speciale Invest bets on Rs 1,400 crore growth fund, targets Indian deep-tech's 'valley of death'

As Indian deep-tech startups move from lab to market, capital often dries up at the most critical stage, aka the 'valley of death'.

IndiGo chaos: COO Isidro Porqueras, aviation officials appear before panel

Updated : Dec 18, 2025

IndiGo COO, aviation officials appear before parliamentary panel seeking answers for flight disruptions

IndiGo flight cancellations: During the hearing, the panel, chaired by JD(U) leader Sanjay Jha, pressed both IndiGo executives and representatives from the Directorate General of Civil Aviation (DGCA) for clear explanations.

Pranav Adani or his company has not responded to Sebi's charges so far.

Updated : Dec 17, 2025

Sebi alleges insider trading by Pranav Adani in NDTV open offer: Reports

Sebi issued a show-cause notice to Pranav Adani on October 15. The notice also names his brothers-in-law, Kunal and Nrupal Shah, and their father, Dhanpal Shah.

IndiGo is speeding up its training and upgradation of pilots, says report

Updated : Dec 17, 2025

IndiGo to speed up training, upgrade of its pilots amid disruptions: Report

IndiGo is now required to submit fortnightly reports to authorities on crew utilisation and steps to enhance availability.

As the carmaker gears up to launch the eVitara, Maruti Suzuki has set up 2,000 EV charging points exclusively for its customers.

Updated : Dec 15, 2025

Maruti Suzuki's EV push: Carmaker plans to sell eVitara from 500 Nexa showrooms by January

Maruti Suzuki’s entry to the EV race comes at a time when the penetration of electric vehicles has gone down following the GST reduction on fuel-based cars. While the EV penetration rose marginally from 3.3% in October 2025 to 3.8% in November 2025, it stayed below the 5% mark hit in July this year.

IndiGo flight disruptions: Senior expat official may face action

Updated : Dec 15, 2025

Senior expat management official in IndiGo may face regulatory action: Report

IndiGo crisis: The FOI panel has identified vulnerabilities in IndiGo’s operational framework, particularly within its operations control centre (OCC), which has emerged as a significant weakness.

Reliance eyes regional player Udhaiyams, a snacks and ready-to-cook breakfast mixes maker

Updated : Dec 15, 2025

Reliance eyes majority stake in Udhaiyams Agro Foods; to take on iD Fresh, MTR: Report

Chennai-based Udhaiyams competes in regional markets against established players such as Tata Consumer Products, iD Fresh Food, and MTR.

This is among the largest fundraises in India’s consumer tech space and the second-largest QIP by a non-banking company in the country.

Updated : Dec 13, 2025

Swiggy raises ₹10,000 crore in QIP, funds to fuel Instamart, tech and M&A growth

Notable participants included sovereign wealth funds, mutual funds, insurance firms, and foreign institutional investors. Over 15 new shareholders came on board, with allocations made to 61 investors.

T20 World Cup 2026: ICC, JioStar say media rights agreement remains in full force

Updated : Dec 13, 2025

‘Agreement fully in force’: ICC, JioStar clarify on media deal over reports of exit ahead of T20 World Cup

The companies clarified that JioStar is “fully committed” to its contractual obligations and is focussed on the coverage of ICC events, including the ICC Men’s T20 World Cup.

On Thursday, IndiGo offered travel vouchers worth Rs 10,000 to impacted passengers, redeemable for any future journey within 12 months.

Updated : Dec 12, 2025

'Identifying flights where passengers were severely impacted': IndiGo issues fresh statement for refund

The carrier stated it is identifying flights where passengers were stranded at airports on those dates. It will reach out to affected customers in January 2026. Compensation payouts, based on current estimates, could exceed Rs 500 crore due to the widespread disruptions.

Kamath said unsecured lending brings an entire ecosystem of collections, recovery agents and repayment chases — something the company wants to stay far away from.

Updated : Dec 12, 2025

‘Can’t compete on...’: Nithin Kamath explains why Zerodha won’t enter personal loans, credit cards

As fintechs, banks and NBFCs compete fiercely in India’s booming unsecured credit segment, Zerodha continues to chart a contrarian path — prioritising reputation, risk control and structural sustainability over expansion into high-margin but high-risk lending categories.

IndiGo appoints external expert to assess cause of flight disruptions

Updated : Dec 12, 2025

IndiGo appoints external expert to identify, assess root cause of flight operations disruption

IndiGo crisis: The decision to appoint the expert comes after the recommendation of the Crisis Management Group (CMG) constituted by the board.

IndiGo highlighted that customs tribunals have previously ruled that such double taxation is impermissible under law.

Updated : Dec 12, 2025

IndiGo seeks ₹900 crore refund for customs duty on re-imported aircraft parts

In its plea, IndiGo claims that it paid the disputed customs duty “under protest” across more than 4,000 bills of entry, despite previous rulings from tribunals and the High Court that re-imported aircraft parts should be considered services under GST, not physical goods.

The CCI is conducting an internal, suo motu examination and no formal complaint has been filed so far.

Updated : Dec 12, 2025

IndiGo faces CCI action for possible abuse of market dominance

IndiGo has cancelled hundreds of flights since December 2, causing massive passenger inconvenience. While the airline claims operations are stabilising, the disruptions have prompted multiple layers of regulatory intervention

The CCI has initiated a suo motu examination to determine whether there is any prima facie evidence of a violation of competition law.

Updated : Dec 12, 2025

IndiGo crisis deepens: CCI probes antitrust issues during mass cancellation of flights

A senior official said CCI is internally assessing whether IndiGo’s dominant position in the market, or on specific routes, played any role in the way the crisis unfolded.

Corporate

Reliance acquires majority stake in Tamil Nadu’s heritage brand Udhaiyams Agro

Flight disruptions: CCI opens inquiry into IndiGo, airline says operations back to normal

Food delivery key economic engine; it is now driving jobs and MSME growth

Food delivery key economic engine; it is now driving jobs and MSME growth

India doesn’t just consume platforms, it reshapes: Anupam Mittal lauds Meesho after its share price doubles from IPO

'The worst is behind us': IndiGo restores network to 2,200 flights. Read CEO's full message to employees

Speciale Invest bets on Rs 1,400 crore growth fund, targets Indian deep-tech's 'valley of death'

IndiGo COO, aviation officials appear before parliamentary panel seeking answers for flight disruptions

Sebi alleges insider trading by Pranav Adani in NDTV open offer: Reports

IndiGo to speed up training, upgrade of its pilots amid disruptions: Report

Maruti Suzuki's EV push: Carmaker plans to sell eVitara from 500 Nexa showrooms by January

Senior expat management official in IndiGo may face regulatory action: Report

Reliance eyes majority stake in Udhaiyams Agro Foods; to take on iD Fresh, MTR: Report

Swiggy raises ₹10,000 crore in QIP, funds to fuel Instamart, tech and M&A growth

‘Agreement fully in force’: ICC, JioStar clarify on media deal over reports of exit ahead of T20 World Cup

'Identifying flights where passengers were severely impacted': IndiGo issues fresh statement for refund

‘Can’t compete on...’: Nithin Kamath explains why Zerodha won’t enter personal loans, credit cards

IndiGo appoints external expert to identify, assess root cause of flight operations disruption

IndiGo seeks ₹900 crore refund for customs duty on re-imported aircraft parts

IndiGo faces CCI action for possible abuse of market dominance

IndiGo crisis deepens: CCI probes antitrust issues during mass cancellation of flights

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