Every decision of government needn’t be a big reform: Anand Mahindra

Interglobe Aviation Q1 Results: IndiGo reported a net loss of Rs 238 crore in Q1FY27, compared with a profit of Rs 2,176 crore a year ago, as sharply higher operating costs outweighed strong revenue growth. Revenue from operations rose 20% year on year to Rs 24,584 crore, while total expenses surged 34%, driven largely by…

Uber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed investor interest in new listings amid volatile markets. Lime, operating in 230+ cities, remains loss-making but benefits from growing urban micromobility demand and Uber partnership support.

Private investment will be crucial to funding Europe’s growing defence industry as government budgets remain constrained, finance executives said at the Farnborough International Airshow. They stressed that public spending alone is insufficient and called for regulatory reforms.