Versuchen GOLD - Frei

IndiGo jolt: Is the megacorp becoming the new state?

Mint Mumbai

|

December 12, 2025

Under India's new economic order, consumption has become a dependency, mediated—beyond choice—by ownership of infrastructure.

- SHUBHRANSHU SINGH

IndiGo jolt: Is the megacorp becoming the new state?

Last week, at Mumbai airport, I saw IndiGo's embattled yet intact front-line. Yet, real authority was up in some cloud that no individual seemed able to override.A generation ago, you were courted by multiple companies vying for your money. Today, you sit within an ecosystem where opting out is costly, inconvenient and often practically impossible. Be it insurance renewals, broadband service packs or credit card rewards, you are trapped. Legalese aside, the choices on offer are hardly volitional. It happens when scale, technology and capital converge faster than regulation.

In India, the social implications feel more acute because the private sector is running systems once expected of the state. Telecom coverage, digital-payment rails, data distribution, identity-linked credit and logistics networks are all public goods. They offer extraordinary convenience but lock citizens into corporate interfaces that resemble those of a passport office more than a marketplace.

When switching costs turn prohibitive, loyalty is indistinguishable from captivity. An exit is not a right but a loss. You can raise your voice or plead, but the system need not listen. An uneasy question then arises. Has private-sector ascendancy left Indian consumers weak? We are witnessing a new form of dependence. It does not stem from scarcity, as it once did, but from abundance delivered through a single gatekeeper.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Mint Mumbai

Anju Dodiya creates disquieting worlds

Artist Anju Dodiya discusses the ideas, influences and inspiration behind her new solo show, 'The Geometry of Ash'

time to read

5 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

English's place in history is not black and white

In 1784, two white men joined forces to establish an English school in Thanjavur, Tamil Nadu.

time to read

4 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

Rising costs force Indian firms to rewrite employee benefits

Indian companies are rethinking the benefits they offer their staff, such as healthcare, retiral plans, well-being perks, and leave, as they seek to control budgets while retaining top talent without compromising on employee experience.

time to read

3 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

A modern-day throwback to 'Malgudi Days'

Sita Bhaskar's latest novel revisits writer R.K. Narayan’s legacy to explore class, caste, and community in Mysuru

time to read

3 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

Rajasthan limits e-NAM 2.0 pilot amid snags; 1.0 to stay

The Centre restricted e-NAM 2.0 pilot to 10 mandis, including Tonk, Jodhpur and Sujangarh

time to read

3 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

IiAS puts Bhatia, IndiGo board under the scanner

Institutional Investor Advisory Services India Ltd (IiAS) has faulted IndiGo promoter and managing director (MD) Rahul Bhatia for not leading from the front when the airline is facing its most challenging operational episode, even as it has sought a review of the current board structure which allows him to nominate half of the board.

time to read

2 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

Govt’s insurance reform allows 100% FDI, composite licences

The government has paved the way for 100% foreign direct investment in the insurance sector, composite licences and easier capital requirements, among others sweeping reforms, as the Union cabinet cleared the enabling legislation, said two officials aware of the matter.

time to read

3 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

Novo Nordisk debuts Ozempic at ₹2,200 a week

Danish drugmaker Novo Nordisk on Friday launched its blockbuster diabetes drug Ozempic in India, with a starting price of ₹2,200 per week.

time to read

3 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

CBDC safer option, stablecoins pose greater risk: RBI

Central bank digital currencies are a far safer option than stablecoins, which pose greater risks than their purported benefits, according to Reserve Bank of India (RBI) deputy governor T. Rabi Sankar.

time to read

2 mins

December 13, 2025

Mint Mumbai

Mint Mumbai

Sebi weighs easier unified penalty rules for listed cos

Explores framework like the one for brokers that standardized and reduced fines

time to read

3 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size