🗞️ Daily Business Brief – DEC 08, 2025
- IndiGo crisis probe demanded – Pilots’ federation alleges the crisis was “pre-planned” and seeks judicial inquiry & criminal action.
- Siemens approves ₹2,200-crore slump sale of low-voltage motors business to Innomotics India.
- DGCA receives IndiGo’s reply – Airline says exact causes of disruptions “not yet pinpointed” and requests more time for root-cause analysis.
- IndiGo acknowledges FDTL issues – Admits ongoing discussions with DGCA; crew availability hit network on-time performance.
- Mahindra & Mahindra November update: sales ↑ 19.6% YoY (91,839 units), exports ↑ 7.5% YoY, production ↑ 18.4% YoY.
- IndiGo top brass respond – CEO & COO submit comprehensive reply to DGCA showcause notice.
- EU–India trade talks – EU Trade Commissioner Maros Sefcovic meets Piyush Goyal today; follow-up meeting scheduled tomorrow.
- Air India CEO Campbell Wilson thanks employees for efforts amid operational challenges.
- DGCA sets up 4-member panel to probe IndiGo crisis; CEO & COO likely to be summoned on Dec 10.
- TRAI vs DoT – TRAI rejects 5% AGR proposal; reiterates 4% AGR spectrum fee for Satcom players.
- Welspun Corp associate secures ₹1,165-crore steel pipes order from Saudi Water Authority.
- India–US trade talks – USTR delegation led by Deputy USTR Rick Switzer visiting Dec 9–11; talks scheduled for Dec 10–11.
- Starlink India pricing – ₹8,600/month; hardware ₹34,000; unlimited data, 99.9% uptime, 30-day trial.
- Life Insurance November data – Axis Max Life posts strong growth; ICICI Prudential weak; LIC strong on favourable base.
- Cyient Semiconductors–Navitas sign long-term partnership to build India’s GaN ecosystem.
- India–Chile FTA progress – India shares market-access proposals; talks expected to take more time; critical minerals chapter likely.
- India seeks clarification after Chinese officials deny Arunachal woman’s nationality.
- Morgan Stanley on Dixon Tech – Potential headwinds as SFIO chargesheet on Vivo expected; JV approval delays could impact FY27 estimates.
- PhysicsWallah board approves total investments of ~₹488 crore across subsidiaries.
- Adani Ports & SEZ – 48 MW green data centres worth ₹2,500 crore to be set up in Telangana for AI & cloud infra.
- Intel–Tata partnership – Pact signed to manufacture & assemble semiconductors in India.
- EU Trade Commissioner meets India’s Foreign & Commerce Ministers for strategic trade discussions.
- RR Kabel – Co-CEO (FMEG) Vivek Abrol resigns.
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