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, September 30: Navi Mumbai International Airport (NMIA) has been granted its Aerodrome Licence by the Directorate General of Civil Aviation (DGCA). The licence was awarded after NMIA met all necessary safety and regulatory requirements set forth by the aviation authority, according to an official statement released on Tuesday. The issuance of the Aerodrome Licence marks a significant milestone in NMIA's journey towards operational readiness. This key regulatory approval is a mandatory prerequisite for commencing airport operations. With the licence in place, NMIA takes a crucial step forward in realising its vision of enhancing regional and international connectivity, while establishing itself as a modern gateway linking Navi Mumbai to the rest of the world. "The achievement represents a key step in NMIA's progress towards becoming fully operational. With the Aerodrome Licence now in place, NMIA moves closer to its vision of enhancing regional and international connectivity and establishing a modern gateway that will link Navi Mumbai with the rest of the world," NMIA added in the statement. Navi Mumbai Airport Opening: Air India Announces Plan To Operate 20 Daily Flights From NMIA Ahead of September 30 Inauguration. On September 23, the Air India group announced its plans to commence commercial flights from Navi Mumbai International Airport (NMIA, IATA code: NMI), operated by Adani Airport Holdings Ltd., starting from the airport's first phase of operations. In the initial phase of the new airport's operations, Air India Group's value carrier, Air India Express, will operate 20 daily departures, or 40 Air Traffic Movements (ATMs), from and to Navi Mumbai International Airport, connecting 15 Indian cities. IndiGo was the first airline to commence commercial flight operations from Adani Group-owned NMIA. Navi Mumbai Airport Opening: As Navi Mumbai International Airport Gets Ready for Operations, Know How To Reach by Roads and Other Modes of Transport. NMIAL is a special-purpose vehicle established for the development, construction, operation, and maintenance of the greenfield international airport project at Navi Mumbai, Maharashtra, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis (Project). NMIAL is part of Adani Airports Holdings Limited and is owned by Mumbai International Airport Limited (MIAL) (74 per cent shareholding) and City and Industrial Development Corporation of Maharashtra Limited (CIDCO) (26 per cent shareholding).
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 >
Speaking at IIT Bombay's Techfest 2024, Mr Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting. India cannot stay out of global technological race, said Jeet Adani. Mumbai: India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd. Speaking at IIT Bombay's Techfest ...Read More >
New Delhi: Ahead of the wedding of Jeet Adani, the younger son of billionaire industrialist Gautam Adani, the Adani family has announced 'Mangal Seva', a program to support newly married women with disabilities. To begin with, every year, 500 such women will be provided financial assistance of Rs 10 lakh each. At his home, just two days before his own wedding, Jeet Adani met 21 newly married divyang women and their husbands to launch this initiative. Jeet is set to tie the knot with Diva Shah on 7 February 2025 in Ahmedabad, Gujarat. In line with his social philosophy सेवा साधना है, सेवा प्र ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The pilots of the IndiGo plane, which was damaged in rough weather en route to Srinagar, were denied permission by the Lahore ATC to venture briefly into Pakistan airspace to escape the hailstorm, in complete violation of humanitarian norms. India's civil aviation regulator, the DGCA, said the aircraft was cruising at an altitude of approximately 36,000 feet near Punjab's Pathankot when it ran into a thunderstorm and hailstorm. Experiencing severe turbulence, the crew first requested the Northern ATC of the Indian Air Force to allow the flight to deviate to ...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, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. "The market value of this land is in the hundreds of crores, but it is being handed over to Adani at a nominal price," she alleged. The Maharashtra cabinet la ...Read More >
Mumbai, Jun 8 (PTI) The Congress on Sunday staged a protest against the Maharashtra government's decision to allot Mother Dairy's land in Kurla for rehabilitating ineligible slum-dwellers who will be displaced by the Dharavi redevelopment project. City Congress president Varsha Gaikwad, who led the demonstration, targeted the state government's decision with a "surrender" barb, alleging that the opposition by local people was ignored. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. "The market value of this land is in the hundreds of crore ...Read More >
New Delhi [India], June 27 (ANI): A non-specific security alert was detected on one of Air India's aircraft on Friday. The aircraft was cleared for the next flight after standard security procedures, the Air India spokesperson said. A statement issued by the Air India spokesperson said, "A non-specific security alert was detected on one of our aircraft. Standard security procedures were duly carried out, and the aircraft has been cleared for the next flight. Air India accords top priority to the safety and security of its passengers and crew." Also Read | Shimla Shocker: Private School Princ ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging Business Conclave. "It (plane crash) was an unfortunate incident. The AAIB has begun a full investig ...Read More >
NEW DELHI: Aviation engineers from the UK are arriving in Thiruvananthapuram to repair an F-35B Lightning jet of Britain's Royal Navy as the aircraft continued to be stranded after making an emergency landing 12 days ago.The aircraft is part of the HMS Prince of Wales Carrier Strike Group of the UK's Royal Navy.The jet, worth over USD 110 million and known to be one of the most advanced fighters globally, made the emergency landing at Thiruvananthapuram airport on June 14.The aircraft is awaiting repairs at the Thiruvananthapuram international airport after developing an engineering issue, a B ...Read More >
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, Manhunt Launched To Nab Paramour. "The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-ret ...Read More >
New Delhi, Jun 28 (PTI) Airport security and adminstration authorities are mulling integration of facial recognition technology and CCTV for staffers apart from deploying other technology tools for faster security checks and reducing queues at these facilities. These measures along with synchronising automatic number plate recognition and FASTag for vehicles was discussed during a "functional workshop of airport sector" organised by the Central Industrial Security Force (CISF) in Delhi on June 27. Also Read | Aurangabad Shocker: Woman Kills Husband With Help of Lover in Bihar; Wife Arrested, ...Read More >
New Delhi: Union minister of state for civil aviation Murlidhar Mohol on Sunday said the investigating agencies were examining all angles in the Air India plane crash in Ahmedabad, and this included the possibility of sabotage. He said that CCTV footage and passports of passengers were being scrutinised as part of this probe. He added the crash was a rare case and noted that both engines shutting down simultaneously was unprecedented. He said the AAIB had commenced an investigation into the crash on June 12 that claimed 260 lives in all. "Once the report comes, we will be able to ascertain if ...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: Recurring aircraft defects, unserviceable ground handling gear, and faded runway markings are among a range of safety lapses discovered by the civil aviation regulator after an intensive survey of key airports including Delhi and Mumbai. The Directorate General of Civil Aviation (DGCA) has ordered airport operators and airlines to address these safety concerns within a week. The inspections come on the heels of the June 12 crash of an Air India plane in Ahmedabad, killing 241 people on ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
MUMBAI -- Investigators have recovered flight recorder data from the Air India crash earlier this month, the civil aviation ministry has confirmed, marking a key step in the probe. At least 270 people were killed when the London-bound Boeing 787-8 Dreamliner crashed less than a minute after taking off on 12 June from Ahmedabad airport in western India. Investigators had earlier recovered both sets of Enhanced Airborne Flight Recorders (EAFRs) - the "black boxes" - from the Boeing 787 crash site on 13 and 16 June - one from a rooftop, the other from the debris. It could be several weeks befo ...Read More >
Mumbai (Maharashtra) [India], June 28 (ANI): A Chennai-bound Air India flight returned to Mumbai, its departure location, after being alerted about a burning smell inside the cabin, the airline confirmed on Saturday. According to Air India, the incident occurred on Friday (June 27) on flight AI639, which departed from Mumbai and was headed to Chennai. 'The crew of flight AI639 operating from Mumbai to Chennai on Friday, June 27, 2025, made a precautionary air-return to Mumbai due to a burning smell in the cabin,' an Air India spokesperson said. 'The flight landed safely back in Mumbai, and ...Read More >
New Delhi, Jun 29 (PTI) The Congress on Sunday attacked the Centre and Rajasthan governments over the reported plan to redraw the boundaries of the Sariska Tiger Reserve for the reactivation of over 50 mining operations, saying the move would be "ecologically devastating". The opposition party also said that with the Rajasthan and Union environment ministers both being from Alwar, this "double engine" cannot be supporting such a move. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which claimed that a plan to redraw the boundaries of Rajasthan's ...Read More >
Ahmedabad (Gujarat) [India], June 30 (ANI): Adani Green Energy Limited (AGEL) has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. According to the Adani group, this accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of wind, and ~2,556.6 MW of wind-solar hybrid capacity. Also Read | TikTok Deal To Be Announced Soon in US? Donald Trump Says He Has Found a Group of 'Very Wealthy People' To Buy ByteDance-Owned App, I ...Read More >
New Delhi [India], July 1(ANI): An Air India flight en route to Vienna from Delhi experienced a serious mid-air incident on June 14, during which the aircraft suddenly lost altitude by nearly 900 feet, prompting an investigation by the Directorate General of Civil Aviation (DGCA). Air India, in an official statement, confirmed that both pilots involved in the incident have been removed from active duty pending the outcome of the probe. The airline stated that the matter was reported to the DGCA immediately, by aviation regulations. Also Read | India Developing Its Own Bunker-Buster Missile? ...Read More >
Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums In a first for any slum rehabilitation project in India, the Dharavi Redevelopment Project (DRP) has embraced cutting-edge technologies to survey and document Asia's largest slum, officials said. Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums. This is to ensure accuracy, transparency, and efficiency in a redevelopment project of this scale and complexity. The D ...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 >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Mumbai, Jun 27 (PTI) Maharashtra on Friday recorded 13 new cases of COVID-19, which took the tally of infections to 2,462, and one death, the health department said. A 65-year-old woman suffering from comorbidities, including rheumatoid arthritis, died in Kolhapur, an official said. Also Read | Ahmedabad Plane Crash Probe: Parliamentary Committee To Grill Boeing and Air India Executives, DGCA Officials; Sources Say 'Multiple Shortcomings' Matter of Concern. Since January 1, the state has recorded 2,462 COVID-19 cases and 37 deaths, the department said. Also Read | Did 21-Year-Old Muslim Ma ...Read More >
MUMBAI/NEW DELHI: Following public backlash over a video showing Air India SATS executives partying in their Gurugram office shortly after the June 12 Air India flight 171 crash, Tata Group has taken disciplinary action against several people.Four senior officials were suspended from Air India SATS, while multiple others were issued a warning, the company said on Friday.The video, which garnered over 3.8 million views on X, captured several executives dancing with loud music playing during a cele ...Read More >
Gangtok: Sikkim's sole Lok Sabha MP, Indra Hang Subba, on Monday met Sanjay Kumar Jha, Chairperson of the Parliamentary Standing Committee on Transport, Tourism and Culture, and submitted a representation urging urgent intervention to restore flight services at Pakyong airport and improve road connectivity in the northern parts of the State. According to a statement from the MP's office, Subba briefed the committee chief on the challenges faced by residents and tourism stakeholders in North Sikkim, following successive natural disasters -- including the Glacier Lake Outburst Flood (GLOF) on O ...Read More >
New Delhi: The Director General of Civil Aviation (DGCA) has conducted an inspection of the Air India office and discovered that there is currently no chief pilot assigned to oversee the operations and safety of the Boeing 787 fleet. This alarming revelation comes just days after Air India's Boeing 787-8 Dreamliner, flight AI-171, crashed into a building mere seconds after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad. The tragic incident involved 242 passengers and resulted in over 250 casualties, as the aircraft crashed into a medical hostel building. Out of the ...Read More >
Navi Mumbai: In a bid to meet the projected water demand of 1,257 million litres per day (MLD) by the year 2050, the City and Industrial Development Corporation (CIDCO) has embarked on a series of critical water infrastructure projects across Navi Mumbai. These initiatives aim to support the city's rapid development and ensure sustainable water supply to areas under CIDCO's jurisdiction, a statement released by the planning authority on Friday, said. One of the key initiatives is the augmentation of the Hetawane Water Supply Scheme, which is currently progressing in four phases and is expect ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >