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.
Mumbai - Vietjet, Vietnam's new-age airline, has welcomed an Airbus A330 widebody, bringing its fleet to 121 aircraft across the whole group. This milestone further strengthens the airline's operations between India and Vietnam, underscoring its commitment to meeting soaring demand for travel during the year-end festive season, including the Diwali holiday. The new aircraft will be deployed immediately on Vietjet's India-Vietnam services, as well as flights to Australia, Japan and Kazakhstan, offering passengers enhanced comfort and a modern inflight experience. The airline currently operates 10 direct routes connecting Delhi, Mumbai, Ahmedabad, Kochi, Hederabad, and Bengaluru to major Vietnamese cities, including Hanoi, Da Nang and Ho Chi Minh City. The latest A330 features Vietjet's signature livery of vibrant red and yellow, highlighted by a flowing golden silk ribbon symbolizing connectivity, cultural exchange, and global integration. Powered by the Rolls-Royce Trent 700 engines, the twin-aisle aircraft delivers fuel efficiency and performance. With a modern fleet and more than 400 new aircraft on order from Airbus and Boeing through 2030, Vietjet continues to expand its international flight network, embrace advanced technologies, and enhance operational efficiency, while delivering safe, memorable journeys for passengers worldwide and long-term sustainable value for its stakeholders.
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
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, July 14 (Reuters) - The probe into last month's Air India Dreamliner crash in Ahmedabad city is "far from over," CEO Campbell Wilson said in an internal memo on Monday, adding that the airline is open to further inquiries and warned against "premature conclusions." The memo, seen by Reuters, comes after a preliminary report on Saturday showed confusion in the cockpit shortly before the Air India jetliner crashed and killed 260 people last month, after the plane's engine fuel cutoff sw ...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 >
New Delhi, Aug 6 (PTI) Air India has vigorous and multi-layered safety protocols with every aircraft undergoing thorough checks take-off, its chief Campbell Wilson said on Wednesday as he emphasised that the airline is strengthening internal processes to minimise operational challenges. On June 12, a London Gatwick-bound Air India's Boeing 737-8 aircraft crashed into a building soon after take-off, killing 260 people. Since then, the Tata Group-owned carrier has carried out various checks on its Boeing 737 and 787 planes. In recent weeks, some of Air India's flights have either been cancelle ...Read More >
New Delhi [India], October 2 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Wednesday held discussions with Airbus Chairman Rene Obermann on opportunities in India's aviation sector and the scope of enhancing cooperation with the global aerospace company. In a social media post, the Minister said, "Welcomed the @Airbus Board, led by their Chairman, Mr. Rene Obermann to India. We had an engaging discussion on the tremendous opportunities offered by Bharat and the strong, growing partnership between Airbus and India's aviation sector." Also Read | Mohan Bhagwat Says 'Pahalgam A ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) informed a parliamentary panel that the initial investigation report on the Air India Flight AI-171 incident in Ahmedabad is still pending, contrary to media reports. The AAIB clarified that the preliminary report will be released within 30 days of the June 12 crash, setting a timeline for the public disclosure of findings. The Aircraft Accident Investigation Bureau (AAIB) has clarified to a parliamentary panel that it has not yet submitted the i ...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 >
MUMBAI - An Air India inspection of the locking feature on the fuel control switches of its Boeing 787 aircraft found no issues, an internal communication circulated within the airline said. The switches have come under heavy scrutiny following last month's crash of an Air India jet that killed 260 people after a preliminary probe by Indian investigators found that they had flipped from the run position to cutoff shortly after takeoff. The country's aviation regulator earlier this week ordered airlines to investigate the locking feature on the switches of several Boeing models. The order ca ...Read More >
The Aircraft Accident Investigation Bureau (AAIB) has submitted its initial findings to the Ministry of Civil Aviation regarding the catastrophic crash of Air India Flight AI-171 in Ahmedabad. The tragic accident, which occurred on June 12, involved a Boeing 787-8 Dreamliner en route to London and resulted in the loss of 241 lives, including former Gujarat Chief Minister Vijay Rupani. The AAIB's preliminary report -- compiled with assistance from global and domestic aviation experts -- marks the first formal insight into one of India's worst aviation disasters. The aircraft crashed shortly a ...Read More >
The DGCA is expected to advise airlines using Boeing 787s to inspect the locking mechanism of fuel control switches, in the wake of the Air India crash preliminary report. Amid the ongoing probe with the Air India plane crash, the Directorate General of Civil Aviation (DGCA) is likely to instruct airlines to check the locking mechanism of fuel switches, according to CNBC-TV18. The report quoted sources as saying that the DGCA directive would be issued to airlines using Boeing 787 aircraft, and ...Read More >
New Delhi, Jul 14 (PTI) It was human error that led to the fuel switches being cut off before Air India's Boeing 787-8 plane crashed in Ahmedabad last month, and there also should have been more transparency in the AAIB's preliminary report on the accident, aviation expert Captain Mohan Ranganathan said on Monday. His comments come at a time when the pilots' associations have flagged concerns about speculations of possible pilot error for the AI 171 flight crash that killed 260 people on June 12. On Sunday, the Indian Commercial Pilots' Association (ICPA) said the crew of the flight acted in ...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 >
NEW DEHLI, India (AFP) -- India and Singapore ordered their airlines to examine fuel switches on several Boeing models, with South Korea set to do the same after the devices came under scrutiny following last month's crash of an Air India jet killed 260 people. Singapore said it detected no problems with switches on its airlines' Boeing aeroplane in the wake of a preliminary Indian-issued report found the devices flipped from run position to cutoff shortly after takeoff. The report did not offer any conclusions or apportion blame for the June 12 disaster, but indicated that one pilot asked t ...Read More >
NEW DELHI -- India and Singapore ordered their airlines to examine fuel switches on several Boeing models with South Korea set to do the same after the devices came under scrutiny following last month's crash of an Air India jet killed 260 people. Singapore said it detected no problems with switches on its airlines' Boeing aircraft in the wake of a preliminary Indian-issued report found the devices flipped from run position to cutoff shortly after takeoff. The report did not offer any conclusions or apportion blame for the June 12 disaster, but indicated that one pilot asked the other why he ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) Prime Minister Narendra Modi will visit Bihar on Monday to inaugurate the long-awaited Purnea Airport and launch development projects worth Rs 36,000 crore, with locals welcoming the Prime Minister's visit as a historic moment, thanking him for fulfilling a long-pending demand and unlocking new avenues of connectivity and economic growth for the region. The Purnia Civil Enclave Airport is seen as a major milestone for northeastern Bihar. Equipped with a 2,800-meter runway suitable for large aircraft like Airbus and Boeing, and a 4,000-square-meter terminal b ...Read More >
Sept 16 (Reuters) - Troubled Indian budget carrier SpiceJet (SPJT.BO), opens new tab said on Tuesday it will lease eight additional Boeing (BA.N), opens new tab 737 aircraft to bolster its fleet ahead of the festive and winter season. The latest deal takes the airline's total fleet additions to 18 aircraft, including two earlier agreements to lease 10 Boeing jets scheduled for delivery starting in October. SpiceJet has signed multiple settlements in recent years to resolve disputes with lessors and other creditors, but has continued to struggle with capacity expansion. Last week, the carrie ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
MUMBAI: The Federation of Indian Pilots (FIP) President CS Randhawa on Thursday condemned a media report that claimed that the captain of the Air India flight that crashed in Ahmedabad last month deliberately cut off fuel to the engines. Captain Randhawa dismissed the claims as baseless and vowed to take action against the publication. Captain CS Randhawa emphasised that the Aircraft Accident Investigation Bureau's (AAIB) preliminary report makes no mention of the pilots turning off the switche ...Read More >
New Delhi: Weeks after the deadly crash of Air India flight AI-171, families of victims are now accusing the airline of pressuring and misleading them during the early stages of the compensation process. The fatal crash, which resulted in the deaths of 241 of the 242 passengers onboard, occurred moments after the plane took-off from Ahmedabad, en route to London. According to a UK-based law firm representing over 40 families, Air India has allegedly threatened the victims' families with "no compensation" unless they fill out a detailed questionnaire, even as they remain in grief. 'Forced to ...Read More >
The captain of an Air India plane that crashed last month killing 260 people had promised he would return home hours before jetting off on the doomed flight. Captain Sumeet Sabharwal, 56, was the senior pilot onboard the Boeing 787 Dreamliner that plummeted into a residential area in Ahmedabad on June 12, killing 241 people on board and 19 people on the ground. The veteran aviator, who had more than 8,200 hours in the cockpit, is being looked into by investigators over suggestions he turned off t ...Read More >
(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) Indian investigators' preliminary report on the crash of an Air India flight that killed 260 people has put the focus squarely on the pilots and the aircraft's fuel switches. We wrap up the latest developments and new questions raised about commercial aviation's worst accident in more than a decade. And India remains conspic ...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 >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
New Delhi, July 4: Air India has denied allegations from British law firm Stewarts Law that it forced families of the AI 171 crash victims to disclose financial dependency on the deceased to get compensation. Over 40 families represented by Stewarts Law have accused the airline of coercion and intimidation as they pursue claims related to the crash of the London-bound Boeing plane crash at Ahmedabad in which over 241 passengers and crew were killed. "Air India categorically rejects these allegations and refutes them as both unsubstantiated and inaccurate," the Tata Group airline said in a sta ...Read More >
Gurugram (Haryana) [India], September 29 (ANI): SpiceJet has announced the launch of daily non-stop flights to Phuket, Thailand's largest and most popular island, from Delhi and Mumbai, marking its second destination in Thailand after Bangkok. Flights from Delhi to Phuket are set to commence on October 31, 2025, while services from Mumbai will begin on November 6, 2025. The move strengthens SpiceJet's growing international network and offers Indian travellers more direct access to Thailand's renowned tourist destinations. Debojo Maharshi, Chief Business Officer of SpiceJet, said, "We are exc ...Read More >
NEW DELHI: IndiGo has placed a firm order for 30 more Airbus A350 aircraft, doubling its order for this wide body aircraft from 30 to 60. The airline had announced its intention to do so at IATA AGM in Delhi this June. It has signed an agreement with Rolls-Royce to equip its A350 fleet with Trent XWB-84 engines along with a "TotalCare Agreement" for comprehensive engine health monitoring and maintenance throughout the lifecycle of the fleet. IndiGo now has purchase rights for 40 more wide-body aircraftIndiGo CEO Pieter Elbers said: "...a special day for IndiGo as we solidify our commitment to ...Read More >
NEW DELHI - A preliminary report into the Air India crash that killed 260 people in June showed three seconds after taking off, the plane's engines' fuel cutoff switches almost simultaneously flipped from run to cutoff, starving the engines of fuel. The Boeing 787 Dreamliner immediately began to lose thrust and sink down, according to the report released on July 12 by Indian aviation accident investigators. One pilot can be heard on the cockpit voice recorder asking the other why he cut off the fuel. "The other pilot responded that he did not do so," the report said. It did not identify whi ...Read More >
Chennai: Madras high court has clarified that private self-financing medical colleges are required to pay only a stipend, and not a full salary, to in-service govt doctors pursuing postgraduate or super-specialty courses under the govt quota.A division bench of Justice R Subramanian and Justice K Surender passed the order while partly allowing a batch of appeals moved by Karpaga Vinayaga Medical College and others. They challenged a single judge's order that directed private colleges to pay salaries to in-service doctors studying in their institutions.The appeals were moved based on a GO dated ...Read More >
Gurugram (Haryana) [India], September 29 (ANI): SpiceJet has announced the launch of daily non-stop flights to Phuket, Thailand's largest and most popular island, from Delhi and Mumbai, marking its second destination in Thailand after Bangkok. Flights from Delhi to Phuket are set to commence on October 31, 2025, while services from Mumbai will begin on November 6, 2025. The move strengthens SpiceJet's growing international network and offers Indian travellers more direct access to Thailand's renowned tourist destinations. Also Read | IND vs PAK, Asia Cup 2025 Final: Danish Kaneria Weighs In ...Read More >