Aviation Minister Ram Mohan Naidu Warns Indigo Of Strict Action; CEO Peter Elbers Apologises For Flight Chaos

On this edition of the Market Closing Show, the focus is on the ongoing Indigo flight crisis, with over 500 flights cancelled today. Civil Aviation Minister Ram Mohan Naidu warns that 'No airline, however large, will be permitted to cause such hardship to passengers through planning failures.' Indigo CEO Peter Elbers issues an apology, stating operations are stabilising as of December 9. The programme also tracks the stock market's cautious mood ahead of the US Fed meeting, with the Sensex falling over 400 points and the Nifty slipping below 25,900. Additionally, the show covers the Indian rupee's record low against the dollar and Prime Minister Narendra Modi's call for governance reforms to ease citizens' lives.