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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


Standard Chartered, Bank of India seal $215 mn loan for Air India's fleet expansion

New Delhi, Oct. 15 -- Standard Chartered and the Bank of India will jointly finance a $215 million term loan to an Air India subsidiary for the financing of six Boeing 777-300ER aircraft. The Air Ind... Read More


Goodluck India to invest Rs.400 crore to boost artillery shell production

New Delhi, Oct. 15 -- Specialized steel and engineering products maker Goodluck India Ltd is looking to invest Rs.400 crore to expand artillery shell production at its defence arm at Sikandrabad, Utta... Read More