The government has doubled IndiGo’s flight cuts to 10% following operational failures and crew norm non-compliance. This punitive action aims to stabilize the airline’s services and reduce passenger disruptions. IndiGo’s CEO was summoned to explain the mismanagement, with further reviews planned. Other airlines saw minor adjustments to their winter schedules.
CXMT Memory Chip Breakthrough Sparks Global Stock Sell-Off
China’s CXMT advances its memory-chip technology, raising competition concerns for Micron, Samsung and SK Hynix amid semiconductor market volatility.
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