News Tracker 11th December, 2025

Today’s context: Asian equities tracked gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as the inflationary impact from tariffs fades away. The MSCI Asia Pacific Index was up 0.5% after the S&P 500 rose 0.7% on Wednesday, just short of all-time highs, and the Russell 2000 gauge of small-caps jumped to a record. Bonds rallied. Nasdaq 100 futures were down 0.5% in early Asia trading after the bullish broader sentiment was dealt a blow by disappointing results from Oracle Corp. as markets closed in New

York. In Asia, traders will be watching an auction of 20-year Japanese government bonds today. Mixed clues from US and Asian markets

Indigo: India’s aviation regulator has deployed two on-site teams IndiGo’s corporate office to monitor operations. The teams are required to report daily to the Directorate General of Civil Aviation. A two-member team will look into IndiGo’s crew strength and utilization, fleet size and routes affected by staff shortages, while the second team will monitor the status of cancellations, on-time performance, refunds and returning luggage to passengers, the letter said. Lack of faith in Indigo’s management team

IndiGo updates guidance for 3QFY26: IndiGo lowered its Q3 FY2025-26 guidance in light of the service disruption it experienced during the first week of December. The management sees capacity (in terms of ASKs) high single to early double- digit (%) growth from high teens growth guidance earlier. Passenger unit revenues (PRASK) to come mid-single digit (%) downward moderation change from flattish to slight growth earlier. De-rating structurally going ahead

Tata Consultancy Services has signed a definitive agreement to buy 100% stake in Coastal Cloud for an all cash consideration of $700 million. Positive

Swiggy QIP: Global investors, including Singapore’s Temasek Holdings Pte and Capital Group, are offering to buy shares in Swiggy Ltd.

Cipla: Launches Yurpeak in India for Obesity, Diabetes Treatment. Positive

KEI Industries: Starts output of LT/HT cables at Sanand Phase1 facility. Positive

Tata Steel: The board has approved the acquisition of a 50% stake in Thriveni Pellets for Rs 636 crore and signed an MoU with Lloyd Metals & Energy to explore opportunities in iron-ore mining and logistics. Positive

Lloyds Metals: The company’s arm will acquire a 50% stake in Nexus Holdco FZCO for $55 million. Positive

DCM Shriram: The company has signed an MoU with Bayer Crop Science to explore opportunities in India’s agriculture ecosystem and work towards agri innovation, sustainability, and farmer-centric solutions. Positive

NALCO: The company awards a Rs 5,032 crore order to Dilip Buildcon for development and operations at Pottangi Bauxite Mines. Positive

Oracle Corp. shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.

Trade war and Geo-Politics Tracker

• Officials from US and India on Wednesday kicked off two-day talks aimed at resolving differences and finalizing a trade deal, as New Delhi awaits relief from high tariffs imposed by Washington.

• US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries.

• The US government will buy six Boeing Co. 737 jets to carry out deportation flights, expanding the administration’s efforts to ramp up the removals of people living in the country without legal status.