News Tracker — 11th December 2025

Today’s context

Asian equities tracked Wall Street gains after the Fed cut rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as tariff-driven inflation fades. MSCI Asia Pacific rose 0.5%; the S&P 500 added 0.7%, just short of all-time highs, with the Russell 2000 at a record. Bonds rallied; Nasdaq 100 futures fell 0.5% after disappointing Oracle results. Read: mixed clues from US and Asian markets.

Company related

• IndiGo — DGCA deploys two on-site teams at the corporate office with daily reporting on crew, fleet, cancellations, refunds and baggage. Tagged: lack of faith in management.
• IndiGo guidance — 3QFY26 ASK growth cut to high-single/early-double digits; PRASK moderated lower. Tagged: structural de-rating ahead.
• TCS — to buy 100% of Coastal Cloud, all-cash $700 million. Positive
• Swiggy — QIP draws Temasek and Capital Group.
• Cipla — launches Yurpeak for obesity & diabetes. Positive
• KEI Industries — starts LT/HT cable output at Sanand Phase 1. Positive
• Tata Steel — 50% of Thriveni Pellets for ₹636 cr; MoU with Lloyds Metals on iron ore & logistics. Positive
• Lloyds Metals — arm to acquire 50% of Nexus Holdco FZCO for $55 mn. Positive
• DCM Shriram — MoU with Bayer Crop Science. Positive
• NALCO — awards ₹5,032 cr order to Dilip Buildcon for Pottangi bauxite mines. Positive
• Oracle — shares fell 10%+ as AI data-centre spending outpaced cloud revenue.

Trade war & geopolitics tracker

• US and India kicked off two-day talks to finalise a trade deal.
• US forces seized a sanctioned oil tanker off Venezuela — a serious escalation.
• US government to buy six Boeing 737s for deportation flights.