IndiGo’s profit plummeted 75% to ₹549 crore in Q3 due to ₹1,546.5 crore in one-time costs for customer compensation and new labor rule implementation. The airline faced disruptions from pilot shortages and a DGCA investigation found management failures in planning and implementing new rest rules, impacting its growth forecast.
Govt to tap AI for mapping supply chains and investment clusters
India’s upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and guide logistics infrastructure investments. Privacy and