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IndiGo CEO Faces Regulatory Heat Over Massive Flight Cancellations
IndiGo CEO Pieter Elbers faces 24-hour ultimatum from Indian regulators after airline cancels over 1,400 flights due to pilot shortage crisis. New rest...
Business
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Welcome to the Business section, your source for the latest developments in the corporate world. Here you’ll find updates on markets, company earnings, industry trends, and economic insights—everything you need to stay informed about the forces shaping global commerce.
IndiGo Apologizes for Chaos as New Pilot Rules Ground Hundreds of Flights
IndiGo cancels over 1,000 flights due to new pilot rest rules, stranding thousands. CEO Pieter Elbers apologizes as government suspends regulations...
Netflix Bids for Warner Bros. and HBO in Major Media Shakeup
Netflix leads bidding for Warner Bros. studios and HBO, potentially creating a streaming giant. The $28/share offer faces antitrust scrutiny while both...
Nearshoring Reshapes Supply Chains: Regional Hubs Rise
Nearshoring accelerates as companies relocate manufacturing to regional hubs like Mexico, cutting logistics costs by 20-30% and reducing delivery times from...
Daily Mail Owner Buys Telegraph in £500 Million Deal
Daily Mail owner DMGT acquires The Telegraph for £500 million after RedBird's bid collapsed. Deal consolidates UK's conservative media landscape with...
Tech Giant Announces Major Layoffs and Restructuring Plan
Major tech company announces 8,000 layoffs and office closures as part of restructuring focusing on AI and cloud computing. Impacts product roadmaps and...