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Akasa Air triples borrowing limit to Rs.3,950 crore, eyes government-backed credit scheme

MUMBAI, June 18 -- Akasa Air has increased its borrowing limit more than threefold to Rs.3,950 crore from Rs.1,200 crore as the country's youngest airline looks to fund its growing operations and tap ... Read More


NMDC looks beyond iron ore, targets 20% revenue from new minerals by 2030

New Delhi, June 15 -- India's largest iron ore producer, National Mineral Development Corporation (NMDC) Ltd, is accelerating efforts to diversify its business, with a target of generating at least a ... Read More


Arun Misra set for Vedanta Group CEO role as demerger takes shape

MUMBAI, June 15 -- Hindustan Zinc chief executive officer Arun Misra is set to become group CEO of Vedanta Ltd within the next two months, according to people familiar with the matter, marking a key l... Read More


Arun Misra set to take over as Vedanta group CEO amid demerger push

MUMBAI, June 15 -- Hindustan Zinc chief executive officer Arun Misra is set to become group CEO of Vedanta Ltd within the next two months, according to people familiar with the matter, marking a key l... Read More


A year after India's deadliest crash in decades, Air India is still fixing its flaws

New Delhi, June 11 -- For Air India, the crash of Flight AI171, a Dreamliner, in June 2025 was more than a tragedy-it was a moment of reckoning. The disaster, India's deadliest aviation accident in de... Read More


India remains net importer of steel for second straight month in FY27

New Delhi, June 10 -- India remained a net importer of finished steel for the second consecutive month of FY27, according to provisional data from the steel ministry, reviewed by Mint. This shift in t... Read More


Tata Steel ramps up Newport ops in UK as fire causes 'substantial damage' at Port Talbot

New Delhi, June 7 -- The fire that broke out at Tata Steel's Port Talbot facility in the UK on the night of 3 June has caused "substantial damage" to parts of the plant, according to an executive fami... Read More


Tata Steel targets repayment of overseas debt over next two years as deleveraging takes centre stage

New Delhi, June 5 -- Tata Steel plans to completely repay its overseas debt over the next two years using internal cash flows as it continues to prioritize deleveraging while pursuing measured growth,... Read More


Tata Steel targets zero overseas debt in two years as deleveraging takes centre stage

New Delhi, June 5 -- Tata Steel plans to completely repay its overseas debt over the next two years using internal cash flows as it continues to prioritize deleveraging while pursuing measured growth,... Read More


IndiGo's rapid shift to owned aircraft helps cut forex risks

Mumbai, June 2 -- Over a fifth of IndiGo's fleet is now either owned or held under finance leases, up from about 10% at the end of September 2024 when the airline first outlined plans to increase owne... Read More