India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Hyderabad: AkasaAir has signed a three-year agreement with GMR Aero Technic for base maintenance and support for its Boeing 737 MAX fleet.Currently, the airline has 30 Boeing 737 MAX planes. GMR Aero Tech is aIndia's leading airframe maintenance company. "under the agreement, GMR Aero Technic will undertake scheduled base maintenance checks for Akasa Air's fleet at its state-of-the-art MRO facility, located within the GMR Aerospace & Industrial Park here," said GMR in a release on Monday. "Under the agreement, GMR Aero Technic will undertake scheduled base maintenance checks for Akasa Air's fleet at its state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility, located within the GMR Aerospace & Industrial Park in Hyderabad,"Akasa Airadded.
Mumbai: Air India has issued a statement explaining the reason behind the delay in the take off of the Bangkok-bound Air India Flight AI 2354, on June 25. The flight was delayed for more than 5 hours after hay was discovered lodged beneath the left wing of the aircraft, the airline confirmed in a statement. Reportedly, Flight AI 2354, operated by an Airbus A320Neo, was scheduled to depart Mumbai at 7:45 AM but took off only around 1:00 PM. The airline's immediate action in the matter resulted in the quick removal of the hay, stated the airline. The aircraft was subsequently deemed fit for ope ...Read More >
New Delhi [India], July 9 (ANI): Senior officials of the Aircraft Accident Investigation Bureau (AAIB) told a parliamentary panel on Wednesday that the preliminary report on the plane crash in Ahmedabad is likely to be placed in the public domain in the next few days, sources said. Parliament's Standing Committee on Transport, Tourism and Culture met here on Wednesday with members making queries and seeking clarifications on the issue of safety and aircraft maintenance. The members, sources said, talked about the vast expansion of air sector in India, the projected growth and the need to exp ...Read More >
Delhi, July 15: A SpiceJet flight SG 9282 from Delhi to Mumbai was significantly delayed on Monday, July 15, after two passengers, one of them identified as Yachana Nair, allegedly attempted to forcefully approach the cockpit while the aircraft was taxiing. The incident occurred as the passengers complained of an air conditioning issue, which further led to their offloading and subsequent handover to security personnel. The flight, SG 9282, was preparing for departure from Delhi's Indira Gandhi International Airport when the disruption occurred. According to the airline, the two passengers ig ...Read More >
The Boeing 747 Jumbo stands out for being the most popular quad-engined commercial passenger jet to exist. It also boasted the longest production run of any commercial jet in its class. But why was it designed with four engines and not two, three, or even six? When answering this question, it is necessary to look back in time to the 1960s when the original 747-100 was developed. Put simply, the 747 has four engines to meet the Boeing 747-100 performance requirements. In the 1960s, engine technol ...Read More >
IndiGo has overtaken Air India and Air India Express in international travel. This shift occurred in the July-September 2025 quarter. Air India reduced flights after a recent crash. IndiGo carried more passengers during this period. The airline also maintained its international services during recent disruptions. Future changes are expected as Air India upgrades its fleet. IndiGo has, for the first time, carried more international passengers than the combined Air India and Air India Express netw ...Read More >
Mumbai: Around 41 Indian nationals hailing from Maharashtra are currently stranded in Saudi Arabia, following the cancellation of their Akasa Air flight to Mumbai, claimed member of parliament Supriya Sule. She appealed to the Ministry of External Affairs (MEA) and the Indian Embassy for immediate repatriation assistance for stranded passengers. Flight cancellation details On Monday, Sule posted on social media platform X - a list of the names of 41 people from Maharashtra's Bhokardan - claiming that they have been stranded in Riyadh due to the cancellation of a flight by Akasa Air. The work ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
Mumbai: Aviation regulator DGCA on Monday asked airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes, a move that comes days after the preliminary probe report into the Air India's Boeing 787 crash found that the switches were cut off before the accident last month. The Federal Aviation Administration (FAA), back in 2018, had flagged the potential disengagement of the fuel control switch locking feature on certain models of Boeing aircraft, including 787s and 737s. It was mentioned in a Special Airworthiness Information Bulletin (SAIB) but there was no airwort ...Read More >
Hyderabad: An Air India Express flight heading to Phuket, Thailand, made an emergency return to Hyderabad's Rajiv Gandhi International Airport just 16 minutes into the flight from takeoff on Saturday morning, July 19, owing to a reported technical malfunction. Flight IX110, a Boeing 737 MAX 8 (VT-BWA), departed at about 6:41 a.m. and arrived back at 6:57 a.m., after flying into airspace above Andhra Pradesh. The flight, which was initially due to depart at 6:20 a.m., was already delayed by about 20 minutes. Though all the passengers and crew members were reported safe, the airline did not re ...Read More >
An Air India Express flight from Hyderabad to Phuket returned to Rajiv Gandhi Airport due to a technical issue. Passengers waited without clear communication. A Phuket-bound Air India Express flight from Hyderabad returned to city's Rajiv Gandhi International Airport on Saturday morning shortly after takeoff due to a technical issue. According to flight tracking data from FlightRadar24, Air India Express flight IX110 (Hyderabad-Phuket), operated by a Boeing 737 Max 8 (registration VT-BWA), took ...Read More >
New Delhi: The Indira Gandhi International Airport's revamped Terminal 2 (T2) was inaugurated on Saturday by Civil Aviation minister K Rammohan Naidu. T2, which became operational with the start of the winter schedule, was upgraded under Delhi International Airport Ltd's (DIAL) modernisation plan to make the airport more efficient and passenger-friendly.Calling the project a "symbol of a connected, competitive and caring India," Naidu said the redevelopment reflects the govt's focus on world-class aviation infrastructure to meet the growing demands of air travellers. The Delhi airport handles ...Read More >
Mumbai: In a bizzare incident, an Air India flight scheduled to Bangkok from Mumbai's Chatrapati Shivaji Maharaj International Airport (CSMIA) faced delay by 5+ hours as hay from bird's nest gets stuck in the left wing of Aircaft. Video of the crew trying to clear the wing is taking rounds on social media platforms. The flight tracking website flightradar24.com shows that AI 2354, an Airbus A320Neo plane, was scheduled to depart from Mumbai airport at 7:45 am. The flight departed around 1 am. A video has been surfacing where the airport crew can be seen removing the nest from the aircraft's w ...Read More >
Exciting news for travelers! Operations have recommenced at Terminal 2 of Delhi airport, with IndiGo and Air India proudly operating their domestic flights from this newly upgraded hub. With all three terminals at Indira Gandhi International Airport now fully functional, the facility can handle an impressive 100 million passengers annually. Operations started at the Delhi airport's refurbished Terminal 2 on Sunday, with IndiGo and Air India operating domestic flights. With the resumption of ope ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Amid the ongoing verbal spat between Maharashtra Navnirman Sena (MNS) chief Raj Thackeray and BJP MP Nishikant Dubey over the Hindi language debate in Maharashtra, Union Minister and Republican Party of India (Athawale) president Ramdas Athawale on Saturday has called for restraint, urging all parties to maintain peace and avoid statements that could disrupt Mumbai's communal harmony. Responding to the exchange of inflammatory remarks, Athawale said, "Such statements against each other can spoil the atmosphere of Mumbai. We should maintain peace. It's not righ ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): Akasa Air on Friday announced its partnership with Adani Airport Holdings Ltd (AAHL) to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). A joint statement said Akasa Air will initially operate 100+ weekly domestic departures, scaling up to 300+ domestic and over 50+ international departures weekly in the winter schedule. Also Read | Haryana Man Rapes Multiple Minors, Films Acts and Sells Sex Abuse Videos To Porn Websites: CBI Shares Disturbing Details. As part of its broader network strategy, the ai ...Read More >
Mumbai, Jul 14 (PTI) A Bird Group's cargo vehicle hit the wing of a stationary Akasa Air aircraft at Mumbai Airport on Monday, causing some damage to the right winglet, according to sources. However, there was no impact to passengers or the employees in the incident, which took place early morning on Monday after the airline's flight QP-1736 arrived here from Bangalore and the baggage and cargo were being offloaded, they said. Also Read | Will Japanese Bullet Train Not Run Between Ahmedabad and Mumbai? PIB Fact Check Debunks Fake News of Replacing Shinkansen With Vande Bharat Train. The dri ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitten by a snake in Bilaspur, while one was killed after falling from a height, the State Emergency Oper ...Read More >
Mumbai: A cargo truck hit an Akasa Air Boeing 737 aircraft parked at Mumbai airport in the early hours of Monday. Akasa confirmed the incident. The airline, in a statement, said a third-party ground handler was operating the cargo truck that came in contact with the aircraft."The aircraft is currently undergoing a thorough inspection, and we are investigating the incident with the third-party ground handler," the airline added. The aircraft operated a flight from Bengaluru and landed and docked at the Mumbai airport when the incident occurred, said sources. ...Read More >
Air India Express had taken the delivery of the first B737-Max in 2023. Mumbai: Air India's low-cost arm, Air India Express, is expecting to induct 20 to 24 aircraft in the fleet in the next calendar year, a top airline executive said on Tuesday. Air India and Air India Express together currently have a fleet of 282 aircraft, of which as many as 110 planes, comprising Airbus 320/ 321, Boeing 737 and 737 MAX, are with the low-cost arm. "We are looking at about 20 to 24 aircraft in the next cal ...Read More >
IndiGo's on-time performance drastically dropped to 8.5% on Thursday, significantly impacting flight schedules due to ongoing operational disruptions, primarily crew-related issues. This marks a sharp decline from previous days, with the airline now cancelling flights to manage the situation. Other major airlines maintained considerably higher punctuality rates. IndiGo's operational troubles deepened on Thursday as the airline's on-time performance (OTP) plummeted to just 8.5%, highlighting the ...Read More >
AFP | New Delhi Email : editor@newsofbahrain.com India Indian airline IndiGo said yesterday it had signed an order for 30 more Airbus A350-900s, bringing its shopping list for the widebody aircraft from the European aircraft manufacturer to 60. "We are placing a firm order for 30 Airbus A350- 900s," said Pieter Elbers, the CEO of IndiGo, which was founded in 2006 and is behind the largest contract by volume in the history of civil aviation -- 500 Airbus single-aisle aircraft by 2023. The low-cost carrier, India's biggest by market share, is positioning itself as a significant player in the ...Read More >
Mumbai: Air India and Airbus inaugurated an advanced pilot training center at the Air India Aviation Training Academy in Haryana's Gurugram. The facility aims to train more than 5,000 new pilots for the Airbus A320 and A350 aircraft families over the next decade to support the exponential growth of commercial aviation in India. On Tuesday, civil aviation minister Kinjarapu Rammohan Naidu inaugurated Air India and Airbus' advanced pilot training hub, a 50:50 joint venture facility. The new 12,000 sq.mt. center is designed to train pilots for the Airbus A320 and A350 aircraft families with Dire ...Read More >
New Delhi: Three-year-old airline Akasa Air on Friday said it will be increasing services on domestic and international routes, including the introduction of non-stop services to Abu Dhabi from Cochin and Chennai.Delhi will be the airline's third operational base after Bengaluru and Mumbai, and the airline will operate over 165 weekly departures from the national capital. Besides Delhi, the carrier will be enhancing services from Kolkata. The airline will further expand its footprint across the Middle East with a 14 per cent increase in departures from Abu Dhabi, introducing non-stop flights ...Read More >
Mumbai, March 31: A shocking incident involving a SpiceJet passenger has gone viral, raising serious concerns over airport safety and passenger conduct. The airline confirmed that a flyer, identified as Utkarsh Gautam, was offloaded and handed over to police after he was caught smoking in a restricted airport area and misbehaving with staff. The incident reportedly took place on March 2, when Gautam was travelling from Mumbai to Jaipur. According to SpiceJet, he violated strict aviation safety rules by smoking on the airport ramp - a highly sensitive zone where such actions pose serious risks ...Read More >
NEW DELHI: Akasa will operate flights out of Navi Mumbai from Day One of Navi Mumbai International Airport (NMIA) opening later this year, with the likely date as of now expected sometime in August-end. The airline will start with 15 daily domestic flights and ramp up the number to over 40 domestic plus 8-10 international by next summer, said Akasa founder-CEO Vinay Dube and co-founder CCO Praveen Iyer on Friday."Between our 32 daily flights at Mumbai CSMIA and NMIA, we will have over 80 daily flights (both domestic and international) by next summer from the Mumbai Metropolitan Region (MMR). B ...Read More >
Mumbai, Jun 6 (PTI) Low-cost carrier Akasa Air on Friday announced a tie-up with Adani Airport Holdings to operate from the conglomerate-run Navi Mumbai airport once it begins operations in late-August. The city-headquartered airliner will have 15 domestic departures from the airport initially, which will go up to 50 by the end of the winter schedule, its Founder and Chief Executive Vinay Dube said. A few days ago, larger rival Indigo had announced a similar tie-up to operate from the new airport in the satellite city of Navi Mumbai. Dube said the carrier is not looking at consolidating its ...Read More >
New Delhi, Jun 6 (PTI) A Delhi court on Friday decided to start hearing arguments on charge from July 2 in the Unlawful Activities (Prevention) Act case related to February 2020 riots. Additional Sessions Judge Lalit Kumar on June 2 noted that the prosecution and counsel for five accused persons had completed their arguments on charge. The court then sought the "schedule regarding the time frame" and the manner of addressing the arguments, "particularly time or hours" from the special public prosecutors and accused's advocates. On Friday, special public prosecutor Amit Prasad said the prose ...Read More >
New Delhi, June 27: The Parliamentary Committee on Transport has summoned Boeing executives, Air India representatives, the Civil Aviation Secretary, and DGCA officials for a discussion on air safety issues related to the tragic Boeing Dreamliner crash within seconds of take-off from the Ahmedabad airport. The meeting is likely to be held in the first week of July. According to sources, "multiple shortcomings" in the aviation sector, with the maintenance of aircraft, are now a matter of huge concern. The committee will also address frequent helicopter accidents that have taken place recently ...Read More >
New Delhi, Nov 7 (PTI) Delhi airport, the country's busiest airport, plunged into chaos on Friday, as more than 800 domestic and international flights were delayed due to the air traffic control system's technical issue, which was later addressed by the AAI. The Airports Authority of India (AAI) also said that due to some backlogs, there may be some delays in the normal functioning of automated operations, but the situation will be normal soon. All airline operations at the Indira Gandhi International Airport (IGIA) were impacted due to a technical issue in the Automatic Message Switching Sy ...Read More >