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Airline fleet to get a bump-up as Pratt & Whitney to replace engines of 40+ grounded Indigo jets by next June

New Delhi, Nov. 10 -- Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, said two pe... Read More


Airline fleet to get a bump-up as Pratt & Whitney to replace engines of 40+ grounded Indigo jets by next June

New Delhi, Nov. 10 -- New Delhi: Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, ... Read More


Akasa Air eyes China, Africa routes but fleet shortage clips expansion plans

New Delhi, Nov. 10 -- India's youngest low-cost carrier, Akasa Air, has ambitious plans to expand its international operations, including flights to China, but delays in supply of aircraft by Boeing a... Read More


Steep forex loss prompts IndiGo to eye more foreign flights

New Delhi, Nov. 4 -- India's largest airline IndiGo is looking to fly more overseas routes that generate foreign currency, following a bleak quarter when forex losses widened its losses. The airline'... Read More


IndiGo's Q2 may stay soft amid weak demand; festive lift seen in second half

New Delhi, Nov. 3 -- InterGlobe Aviation Ltd, which operates IndiGo airlines, is expected to post a muted performance for July-September (Q2FY26), weighed down by geopolitical tensions, airport closur... Read More


TVS continues to flag rare-earth magnet crisis, hopes GST reforms to boost H2 sales

New Delhi, Oct. 28 -- TVS Motor Co. Ltd, India's third-largest two-wheeler maker, on Tuesday reiterated short- to medium-term concerns over the availability of rare-earth magnets, calling it a key cha... Read More


After three years, India warming up to Russian steel imports again

New Delhi, Oct. 28 -- After a gap of about three years, Russia is back among India's top five sources of steel, as Western sanctions force Moscow to reroute exports to Asia. The discounted shipments u... Read More


Winter is coming, and more flights will be taking off this year

New Delhi, Oct. 24 -- Skies are set to get busier this winter as four of the country's major airlines prepare to significantly boost flight departures, capitalizing on increased aircraft deliveries an... Read More


Dalmia kicks off Plan B as battle for Jaypee assets heats up

New Delhi, Oct. 24 -- Dalmia Bharat Ltd has initiated the process of buying land in Jaisalmer, Rajasthan for a new plant even as it pursues the heavily contested acquisition of Jaiprakash Associates L... Read More


Billionaire bidders must show the money in Jaypee insolvency face-off

New Delhi, Oct. 19 -- The Committee of Creditors (CoC) of Jaiprakash Associates Ltd (JAL) is set to review and seek details of how bidders, including Vedanta and Adani, intend to finance the acquisiti... Read More