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.
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 connecting Abu Dhabi to Cochin and Chennai and strengthening its codeshare partnership with Etihad Airways. "Departures from Jeddah will increase to 26 weekly flights, an around 270 per cent increase from Winter 2024, while frequency to Riyadh will be ramped up to 5x weekly," it said in a release. With a fleet of 30 Boeing 737 MAX planes, Akasa Air currently connects 24 domestic and 6 international cities. It operates over 1,000 flights per week.
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 >
Kolkata: After three days of severe disruption, flight schedules to Europe and the United States via the major hubs in the Middle East were restored on Thursday. This disruption occurred when the airspace over Qatar was shut down following Iran's missile launch on the Al Udeid Air Base in the country.All onward flights from the region, including Qatar Airways, Emirates, and Etihad, which carry a bulk of west-bound passengers from Kolkata, were suspended for three days. This left thousands of flyers stranded at airports there and relatives in Kolkata anxious.Airport officials said the Qatar Air ...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 >
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 >
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 (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 >
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 >
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 >
Mumbai: Akasa Air plans to operate 50 flights from the upcoming Adani-backed Navi Mumbai airport, starting off with about 15 departures which will be a combination of both domestic and international, said Vinay Dube, its chief executive officer. The Navi Mumbai airport is expected to open by the end of August, although the exact date is yet to be finalised. Dube claimed Akasa Air would be the airline with the most number of flights from there. "I'm sure there'll be others, but I don't believe there'll be any other airline in India, or in fact the world, that would have a larger percentage of ...Read More >
New Delhi, Apr 1 (PTI) The country's largest airline IndiGo on Wednesday announced revised fuel charges ranging from Rs 275 to Rs 10,000, which will push airfares higher for many domestic and international flights amid the rise in jet fuel prices. The announcement from the country's largest airline comes on a day when the Aviation Turbine Fuel (ATF) prices were revised, and the government decided to only partially hike the price by 25 per cent for the domestic flights. From March 14 onwards, the airline has been levying fuel charges ranging from Rs 425 to Rs 2,300 on domestic and internation ...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. As part of its broader network strategy, the airline is also set to ramp up to 10 parking bases by the end of 2026-27, with a focused international expansion into key Middle Eastern ...Read More >
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New Delhi: Akasa Air has announced key enhancements to its popular pet travel service, 'Pets on Akasa', and now passengers can travel with two pets in the cabin, up from the previous limit of one, a release said. This upgraded service aims to offer more convenience and flexibility for pet owners, a release said. Since its launch in November 2022, Pets on Akasa has successfully transported over 8,500 pets nationwide. The airline continues to act on customer feedback, as demonstrated by key policy enhancements introduced in May 2024. These include increasing the permissible weight for pets in t ...Read More >
New Delhi, Apr 1 (PTI) The government's decision on limited hike of jet fuel price ensures that carriers' domestic operational costs remain manageable and will not lead to additional fuel surcharge, an official said on Wednesday. Asangba Chuba Ao, joint secretary at the civil aviation ministry, said with the partial hike in aviation turbine fuel (ATF) price, airlines would recalibrate their pricing and the move prevents a potential industry-wide crisis. ATF accounts for around 40 per cent of an airline's operational costs. Earlier in the day, Civil Aviation Minister K Rammohan Naidu said th ...Read More >
Mumbai: Akasa Air, on Friday, announced its partnership with Adani Airport Holdings Limited (AAHL), and is set to begin commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). This decision follows a week after IndiGo's announcement to launch flights from NMIA. Initially, the airline will operate over 100 domestic departures per week and will increase the number to over 300 domestic departures and over 50 international departures per week in the winters. In an attempt to broaden its network, the airline is also set to increase its parking capacity to 10 bases ...Read More >
Hyderabad: State Irrigation Minister N Uttam Kumar Reddy has said that the Telangana Government was intensifying its fight against Andhra Pradesh's proposed Godavari-Banakacharla Link Scheme and was determined to protect Telangana's water rights. The Minister said that he had written multiple letters to the Centre, exposing serious violations by Andhra Pradesh and demanding immediate intervention. Andhra Pradesh had failed to obtain technical clearances from the Central Water Commission (CWC) and from the Godavari River Management Board (GRMB), Krishna River Management Board (KRMB) and the Ap ...Read More >
Pune: Akasa Air on Friday announced its strategic partnership with Adani Airport Holdings Ltd. (AAHL), the largest operator of PPP airports in India, to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA).As one of the early airline partners to confirm operations from NMIA, Akasa Air reinforces its commitment to shaping the future of Indian aviation through enhanced connectivity and sustainable expansion, further strengthening India's dual-airport strategy for the Mumbai Metropolitan Region (MMR).Akasa Air will operate 100+ Weekly domestic departure ...Read More >
Hyderabad, Jul 7 (PTI) GMR Aero Technic, India's leading airframe Maintenance, Repair and Overhaul (MRO) organisation, on Monday said it has signed a three-year agreement with Akasa Air, for base maintenance support of its Boeing 737 MAX fleet. A press release from GMR said 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. For Akasa Air, this partnership underscores its commitment to maintaining a modern, efficient fleet that upholds the hi ...Read More >
New Delhi [India], April 6 (ANI): In view of the prevailing situation in the Middle East, Akasa Air announced that it will continue operating flights between Jeddah and Indian cities, including Ahmedabad, Bengaluru, Mumbai, Kochi, and Kozhikode, as per the airline's ongoing safety assessment. The carrier further stated that it is progressively evaluating the resumption of flights from and to Abu Dhabi. In a post on X, Akasa Air wrote on Sunday, "Following our ongoing safety assessment and a review of the prevailing situation in the Middle East, we continue to operate flights to/from Jeddah a ...Read More >
Mumbai: Akasa Air announced its strategic partnership with Adani Airport Holdings Ltd. (AAHL) to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA). The airline has announced that it will have the largest percentage of the fleet operating from NMIA with more than 100 weekly flights. After IndiGo became the first airline to announce commercial flight operations from the upcoming NMIA, one of the first second city airports in India, Akasa Air also followed to announce partnership with AAHL, a major stakeholder in NMIA's operator Navi Mumbai Internat ...Read More >
Mumbai/New Delhi: Akasa Air will operate flights from day one of the opening of the Navi Mumbai International Airport (NMIA). The airport is likely to start operations from the end of Aug. The airline will start with 15 daily domestic flights and increase the number to over 40 domestic plus 8-10 international flights by next summer, said Akasa founder-CEO Vinay Dube and co-founder and chief commercial officer 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 Metropo ...Read More >
New Delhi, Jul 7 (PTI) Akasa Air has entered into 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. "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," the carrier said in a release on Monday. Akasa Air, which started services in August 2022, connects 23 domestic and 5 international citi ...Read More >
Bengaluru, June 6 (SocialNews.XYZ) The political temperature in Karnataka soared after a tragic stampede near the M. Chinnaswamy Stadium in Bengaluru claimed the lives of 11 people during the Royal Challengers Bengaluru's (RCB) IPL 2025 victory celebrations. As grief and anger mount, sharp criticism has emerged from the Opposition, with BJP leaders holding the Karnataka government squarely responsible for the chaos. BJP leader Rajeev Chandrasekhar launched a scathing attack on the Congress administration, calling it "the most inept, corrupt, incompetent and heartless government in all of Ind ...Read More >
New Delhi [India], September 29 (ANI): Akasa Air has announced key enhancements to its popular pet travel service, 'Pets on Akasa', and now passengers can travel with two pets in the cabin, up from the previous limit of one, a release said.This upgraded service aims to offer more convenience and flexibility for pet owners, a release said. Since its launch in November 2022, Pets on Akasa has successfully transported over 8,500 pets nationwide.The airline continues to act on customer feedback, as d ...Read More >