India’s civil aviation sector is navigating fresh headwinds following regional military tensions that prompted temporary shutdowns at over 30 airports and widespread disruption to commercial flight operations. In response, Civil Aviation Minister K. Rammohan Naidu is slated to meet with airline executives to address operational challenges, financial implications, and evolving security protocols. While airspace is gradually reopening, logistical setbacks persist due to altered international flight paths and heightened security screening.

PG Electroplast Ltd (PGEL), a leading contract manufacturer in India’s consumer electronics and home appliances sector, delivered a strong performance in the March quarter of FY25, reporting a twofold increase in consolidated net profit to Rs. 146.38 crore. Annual net profit rose to Rs. 290.92 crore, supported by robust expansion across product lines, strategic capacity enhancements, and operational efficiencies. Revenue for FY25 surged 77.73% to Rs. 4,904.63 crore.

Bengaluru-based mid-cap IT services firm Happiest Minds Technologies reported a sharp 52.7% decline in consolidated net profit to Rs. 34 crore for the March 2025 quarter, despite a robust 30.5% year-on-year growth in revenue. The company attributed the earnings slump to macroeconomic headwinds but maintained a confident outlook for FY26, underpinned by healthy client pipelines and strategic leadership changes. With a full-year profit of Rs. 184.6 crore, down 25.6%, the company emphasized its resilience and long-term vision amid a challenging global IT landscape. A final dividend of Rs.

After witnessing their strongest single-day rally in over seven months, Indian benchmark indices Sensex and Nifty declined in early trade Tuesday, as investors moved to lock in profits. The BSE Sensex fell as much as 788 points intraday, while the Nifty dropped over 209 points. The pullback followed Monday's euphoric surge, fueled by geopolitical de-escalation between India and Pakistan and a tariff-reducing agreement between the United States and China.

Shares of Gensol Engineering plunged to fresh 52-week lows on May 13, marking a 95% drop from their peak, after the company’s promoters—Anmol Singh Jaggi and Puneet Singh Jaggi—resigned in the wake of a regulatory crackdown. The resignations followed an interim order by the Securities and Exchange Board of India (SEBI) barring the duo and the firm from participating in securities markets due to alleged fund diversion and corporate governance lapses.

Shares of One97 Communications, the parent firm of digital payments leader Paytm, fell sharply on May 13 after reports surfaced that Chinese fintech giant Ant Group intends to divest up to 4 percent of its stake—valued at approximately Rs. 2,066 crore—through bulk deals on Indian stock exchanges. The development triggered a nearly 5 percent decline in Paytm’s share price during morning trade on both the BSE and NSE.

In a highly anticipated announcement, the Central Board of Secondary Education (CBSE) has officially released the 2025 results for both Class 10 and Class 12, impacting over 42 lakh students across India. The results are accessible through official digital portals, reflecting India’s ongoing shift toward digital-first education services. This significant event not only marks a critical academic milestone for millions of students but also carries notable economic implications, particularly for education technology companies and digital infrastructure providers.

NVIDIA, a global leader in GPU and AI computing technology, is navigating a complex economic landscape shaped by rising geopolitical tensions and trade barriers. The company has officially increased prices across its GPU portfolio, with flagship models like the GeForce RTX 5090 now retailing for over Rs. 2,08,000 ($2,500+). This adjustment follows a broader shift in NVIDIA's supply chain strategy, including a costly relocation of foundry operations to the United States.

Ant Group is poised to divest up to 4% of its stake in One97 Communications, the parent company of Paytm, valued at approximately Rs 2,066 crore. The sale, which will take place through bulk deals on May 13, will involve up to 25.5 million shares. This move reflects a shift in Ant Group's stake in Paytm, following a series of significant transactions that have reshaped the company’s ownership structure. With the stake sale, Ant Group continues its gradual exit from the Indian fintech market, while Paytm’s founder, Vijay Shekhar Sharma, gains more control.

Bollywood actress Alia Bhatt and her mother, actress Soni Razdan, have sparked controversy after Razdan shared a petition calling for peace between India and Pakistan. The petition, urging an end to hostilities, was met with backlash, particularly due to Bhatt’s British citizenship. Critics questioned their loyalty to India, with some accusing them of not understanding the ground realities of the ongoing conflict. In response, Soni clarified that her message was directed at Pakistan, not India, and expressed her deep devastation at the horrors of war.