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.
Gurugram (Haryana) [India], September 26 (ANI): SpiceJet on Friday announced that it has signed a lease agreement to induct a wide-body Airbus A340 aircraft into its fleet by the end of September, marking a major step in the airline's expansion strategy. According to the airline, the aircraft is expected to arrive in India later this month and begin operations in the first week of October, subject to regulatory approvals. Initially, the A340 will operate on a wet lease model before transitioning to a damp lease, which the company said would provide greater operational flexibility and cost savings. The induction is aimed at boosting capacity to meet rising passenger demand and enhancing connectivity across SpiceJet's domestic and international network. The airline also confirmed that it is in advanced talks to lease a second A340, reaffirming its long-term commitment to expanding its fleet and tapping into new markets. "We are thrilled to introduce the Airbus A340 into our fleet as part of our ongoing efforts to enhance our service offerings and expand our domestic and international network," SpiceJet Chief Business Officer Debojo Maharshi said in the statement. He further added that the induction of the Airbus A340 marked the beginning of one of the airline's most ambitious growth phases. This aircraft will allow us to tap into new markets and expand our international footprint. "With another A340 under negotiation and 18 Boeing 737 aircraft joining our fleet soon, SpiceJet is poised for one of its most ambitious growth phases," Maharshi said. Earlier this month, SpiceJet also announced agreements to induct 18 Boeing 737 aircraft, including four Boeing 737 MAX aircraft, with deliveries beginning in October 2025. Together with the planned wide-body additions, the airline said it is positioning itself for sustained growth in both capacity and connectivity. SpiceJet is an Indian low-cost airline headquartered in Gurugram, Haryana. As of May 2025, it is the fourth-largest airline in India by the number of domestic passengers carried, with a market share of 4%. It connects 73 destinations, including 60 in India and 13 internationally, from its bases in Delhi and Hyderabad. (ANI)
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 >
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 >
Srinagar, Aug 03: A senior Army officer allegedly assaulted four SpiceJet employees at Srinagar airport following a dispute over excess cabin baggage, the airline said on Sunday. SpiceJet stated that its staff sustained severe injuries, including a spinal fracture and a serious jaw injury, describing the incident as a "murderous assault." The Indian Army, through its spokesman, said it is committed to upholding the highest standards of discipline and conduct and takes all allegations seriously. "Full cooperation is being extended to the authorities in investigating the case," the spokesman a ...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, Aug 3 (PTI) SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, causing a spinal fracture to one of them. An FIR has been registered with the local police and the airline has initiated the process to place the passenger on the no-fly list in accordance with civil aviation regulations, the airline said and added that the assault happened after the passenger was told to pay for the extra cabin baggage. Video clips of the incident shared on social media showed the passenger assau ...Read More >
Mumbai: The Mumbai Airport was thrown into a brief emergency situation on Friday, when a SpiceJet Bombardier Q400 aircraft experienced a serious technical issue shortly after takeoff. The wheel of the plane fell off during the initial climb, but the pilot managed to safely return and land the aircraft at Mumbai without incident. The flight, carrying 75 passengers, was departing Mumbai for Kandla when the wheel detached and was later found on the runway. The pilots handled the situation, ensuring a smooth and safe landing at the Mumbai Airport. Emergency services were alerted and deployed as a ...Read More >
New Delhi, Jul 8 (PTI) Aviation regulator DGCA said on Tuesday it will put in place a mechanism to curb whopping surge in air ticket prices, recently witnessed during the Maha Kumbh and post-Pahalgam terror attack, as the issue coupled with concerns over air safety after the Ahmedabad plane crash dominated proceedings at a parliamentary panel meeting. Air India CEO and MD Campbell Wilson told the committee his airline will complete retrofitting of its fleet in two years to address frequent complaints about its seats and other facilities, and underscored its commitment to flight safety, source ...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 >
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 >
Gurugram (Haryana) [India], September 16 (ANI): SpiceJet has signed lease agreements for the induction of another eight Boeing 737 aircraft, further strengthening its fleet ahead of the Winter Schedule 2025. With this, the airline's planned fleet additions have risen to 18 aircraft, reinforcing its commitment to meet the rising demand for air travel during the upcoming festive and winter season. Also Read | Boney Kapoor Recalls Cherished Memory With PM Narendra Modi, Says 'He Called Me by My Name and Greeted Me Warmly' (Watch Video). The latest announcement comes on the back of two earlier ...Read More >
Kolkata, Dec 6 (PTI) Air India Express, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust. The airline, however, has deferred plans to launch direct flights between Kolkata and Dhaka, citing the ongoing political crisis in Bangladesh. "You would recall we had announced our operational plan for Dhaka, which is a new and significant market for us. But because of the situation there, we have deferred those plans," Aloke Singh, Managing Director of Air India Express, said. "As ...Read More >
Mumbai: A window frame of SpiceJet's aircraft SG-1080 operating its flight to Pune from Goa was found dislodged mid-air but there was no impact on passengers' safety, the airline said on Wednesday. There was no cabin depressurisation as the outer layers of the windowpane remained intact and passenger safety was not compromised, the airline said in a statement. The frame was fixed once the aircraft landed at the Pune airport, in accordance with standard maintenance procedures, the airline said. Mandar Sawant, a passenger on the flight, said, "I was travelling back from Goa to Pune after attend ...Read More >
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 ...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 >
SRINAGAR/NEW DELHI: An Army officer posted in north Kashmir has been booked for allegedly assaulting four SpiceJet employees at Srinagar airport on July 26 after being asked to pay for carrying excess cabin baggage on Flight SG 386 to New Delhi. The airline said on Sunday that the attack left its staff with serious injuries, including a spinal fracture and jaw trauma.Read also: 'Jaw broken, spine injured': Army official assaults SpiceJet staff over baggage fee; says he was mistreated, files FIR The officer, attached to the High-Altitude Warfare School in Gulmarg, allegedly refused to pay for c ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
NEW DELHI: Amid worsening weather conditions and continuous rainfall in parts of Uttar Pradesh, all government and private schools from Classes 1 to 12 in Lucknow will remain closed on Monday, according to district magistrate Visakh G Iyer.Several parts of Varanasi were inundated on Monday following relentless downpours and a steady rise in the water level of the River Ganga. The river has been rising continuously since Saturday, triggering concerns of urban flooding.In response, authorities have suspended all boat operations on the Ganga as a precautionary measure. Several residents were seen ...Read More >
Delhi/Gurugram: Expanding its Thailand network, Gurugram-based low-cost carrier SpiceJet on Monday announced the launch of daily non-stop flights to Phuket, Thailand's largest and most celebrated island, from Delhi and Mumbai. With this addition, SpiceJet will now operate flights to two of Thailand's most popular destinations - Phuket and Bangkok. Flight services from Delhi to Phuket will kickoff on Wednesday (October 31, 2025), while services from Mumbai will start on November 6, 2025. Debojo Maharshi, Chief Business Officer of SpiceJet, said, "We are excited to add Phuket, one of the world ...Read More >
Air India and Air India Express on Tuesday announced the addition of 166 flights to and from Patna to meet the surge in demand for travellers around the festive season of Diwali and Chhath Puja. According to a press release by Air India, the Tata-owned carrier will operate 114 additional flights between Patna and different cities. In addition to that, the company's subsidiary Air India Express will operate 52 additional flights connecting the capital of Bihar to Delhi and Bengaluru. The additio ...Read More >
Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan base camp in Pahalgam, in south Kashmir's Anantnag, and Baltal base camp in Sonamarg area of central ...Read More >
New Delhi [India], July 15 (ANI): A SpiceJet flight from Delhi to Mumbai on Monday handed over two passengers to CISF for their unruly behaviour for attempting to approach the cockpit while the aircraft was taxiing forcefully. According to a statement from a SpiceJet spokesperson, the incident occurred on flight SG 9282 prior to takeoff. Despite repeated warnings from the cabin crew, fellow passengers, and the Captain, the individuals refused to return to their seats, creating a disruption onboard. 'In the interest of the safety of all passengers and crew, the Captain decided to return the a ...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 >
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: An Army official allegedly "grievously assaulted" four SpiceJet employees at Srinagar Airport on July 26, 2025, after they asked him to pay for excess cabin baggage he was carrying on a flight (SG 386) to Delhi. The airline says its staff members "suffered a spinal fracture and serious jaw injuries after being attacked with punches, repeated kicks and a queue stand." The passenger, an army officer, "was carrying two pieces of cabin baggage weighing a total of 16 kg, more than double the permitted limit of 7 kg. When politely informed of the excess baggage and asked to pay the applic ...Read More >
New Delhi [India], July 2 (ANI): A minor incident occurred on board SpiceJet flight SG 1080 from Goa to Pune on Tuesday, when a cosmetic window frame became loose during the flight. The airline confirmed that the component in question was a non-structural trim piece, used primarily for shading, and did not affect the aircraft's integrity or safety. A spokesperson for SpiceJet said the incident involved a superficial frame on one of the windows of the Q400 aircraft, which became dislodged during the flight. 'A cosmetic window frame on one of SpiceJet's Q400 aircraft became loose during fligh ...Read More >
Pune: Passengers on board a Goa to Pune SpiceJet flight (SG-1080) had a scare on Tuesday evening when a window panel was found dislodged while the plane was mid-air.The airline played down the incident, saying the window part that had come off was "a non-structural trim component, fitted onto the window for the purpose of shade".But a person on board the plane -- a Bombardier Q400 -- told TOI the incident triggered anxiety among the passengers. "Two to three layers of the window panel just came off," said Aatish Mishra, the passenger."There was no depressurization, but this shouldn't have happ ...Read More >
New Delhi [India], July 4 (ANI): SpiceJet on Thursday acknowledged that some passengers are currently facing difficulties in reaching the airline's customer care helpline due to intermittent technical issues. The airline said efforts are underway to restore normal functioning as soon as possible. In an official message on X, SpiceJet stated, 'We are currently experiencing intermittent issues with our SpiceJet Customer Care helpline numbers. We assure you that our relevant teams are working to resolve this as soon as possible. In the meantime, please connect with us through our official social ...Read More >
Srinagar, Aug 3 (PTI) The political parties in Jammu and Kashmir on Sunday condemned the assault on employees of a private airline by an Army officer at Srinagar International Airport last week, saying the officer must be held accountable. "This is gundagardi!! This incident took place at Srinagar Airport, where an Army officer was seen brutally assaulting SpiceJet staff member(s), leaving him with serious injuries. It is highly condemnable & shameful. The officer must be held accountable," National Conference spokesperson Sarah Hayat Shah said in a post on X. PDP leader Iltija Mufti also de ...Read More >
Lucknow: Umar Ansari, the younger son of gangster-turned-politician late Mukhtar Ansari, was arrested by Ghazipur police from Darul Shafa area of Lucknow late Sunday night.The arrest was made following the registration of a criminal case against him for forgery in Ghazipur. He was taken into custody and transported to Ghazipur for further proceedings.Umar Ansari was booked for allegedly attempting to fraudulently reclaim a property that had been confiscated under the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act. The property was earlier seized under Section 14(1) of the ...Read More >