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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


IndiGo signs contract with Airbus to confirm its order for 30 additional A350-900 aircraft

New Delhi, Oct. 18 -- IndiGo, the country's largest airline by market share, has placed orders for the purchase of 30 more wide-body aircraft from Airbus. The carrier signed a contract with the Europ... Read More


Sequential price weakness halves Dalmia Bharat's Q2 profit despite strong annual growth

New Delhi, Oct. 17 -- Puneet Dalmia-promoted Dalmia Bharat Ltd saw a 39% sequential dip in the company's profitability to Rs.239 crore, although it was 387% higher than the year-ago period, as India's... Read More


Soft demand, cost pressures may keep India's airlines on a turbulent path

New Delhi, Oct. 16 -- India's aviation sector is headed for a challenging second quarter (Q2FY26), as softening domestic demand, higher fuel prices, and tighter capacity weigh on airlines' post-pandem... Read More