IndiGo Crisis Blamed on Rostering; Markets Plunge, Paramount Bids for Warner Bros.

• Aviation Minister blamed IndiGo's crisis on weak crew rostering and internal planning; Moody's warned of revenue pressure and downgraded its human-capital score.
• Dalal Street saw Nifty drop below 26,000; midcaps experienced their steepest fall in four months.
• Paramount Global launched a hostile bid for Warner Bros. Discovery, challenging Netflix's prior agreement.
• Biocon Chairperson Kiran Mazumdar-Shaw stated new global shareholders will not alter the company's strategy during Biologics integration.
• India and the US will hold three-day trade talks from December 10; Starlink revealed India pricing; Rajasthan Royals exploring a majority stake sale.

Why It Matters: Aviation woes, market downturn, and a media battle signal broad industry shifts.