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"Fifth day of a test match": Air India chief on fleet overhaul as retrofit runs two years late

NEW DELHI, Feb. 6 -- Four years into its Tata-led turnaround, Air India's $400 million programme to modernize older aircraft is running up to two years behind schedule. The delay has pushed back the c... Read More


Civil aviation ministry flags recurring technical lapses in half of India's fleet

New Delhi, Feb. 5 -- Nearly three out of four Air India planes were found to have recurring defects, while one out of three IndiGo planes reported recurring faults between January 2025 and February 20... Read More


IndiGo loses nearly 4% market share in December after flight disruption; Air India gains

New Delhi, Feb. 4 -- IndiGo lost nearly four percentage points of domestic market share in December after mass flight cancellations and a sharp cut in daily departures, ceding ground to rival Air Indi... Read More


Union Budget FY27: India to push indigenous seaplane manufacturing

NEW DELHI, Feb. 1 -- The government will push indigenous manufacturing of seaplanes as part of a broader effort to boost tourism and strengthen regional air connectivity, it said in the Union Budget 2... Read More


IRFC explores some Swiss franc swap to cut dollar risk

New Delhi, Jan. 26 -- Indian Railway Finance Corp (IRFC) is reworking its foreign-currency borrowing mix, exploring a plan to swap part of its dollar-denominated loans into Swiss francs to limit forei... Read More


Gloomy view for IndiGo as profit plunges in a quarter to forget

New Delhi, Jan. 22 -- IndiGo scaled back its near-term growth expectations significantly after its October-December quarter earnings came under pressure from a combination of new labour codes, regulat... Read More


IndiGo cuts down growth outlook as Q3 profit sinks to four-year low

New Delhi, Jan. 22 -- IndiGo scaled back its near-term growth expectations significantly after its October-December quarter earnings came under pressure from a combination of new labour codes, regulat... Read More


Dalmia Bharat Q3 profit declines 46% as cement prices fall in east, south

NEW DELHI, Jan. 21 -- Dalmia Bharat Ltd, promoted by Puneet Dalmia and among the country's top four cement producers, reported a 46% sequential drop in net profit to Rs.128 crore for the December-ende... Read More


Fifa's trophy is back for a three-day tour, reviving India's footballing hope

New Delhi, Jan. 11 -- When the original Fifa World Cup Trophy arrived in India and was unveiled in the capital on Saturday after a 12-year absence, Sanket Ray saw it as more than a ceremonial stop on ... Read More


Small-town airports, big bill: Rs.900 crore spent on non-operational UDAN hubs

New Delhi, Jan. 9 -- India's plan to connect its interior areas by air has run into heavy weather, with expensive infrastructure and commercial viability playing spoilsport while hundreds of crores ar... Read More