Abtak Logo

Business News

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.

16
BusinessMar 11, 2026 03:15 PM

'People Were Panicking, Kids Were Crying': Passenger Minal Ahuja Recounts Horror As Air India Express Flight Suffers Hard Landing At Phuket Airport

New Delhi: An Air India Express flight arriving from Hyderabad suffered a severe hard landing at Phuket International Airport on Wednesday, March 11. The force of the impact was so significant that it heavily damaged the aircraft's nose gear. Fortunately, all 133 passengers on board Flight IX938 evacuated safely, and no injuries were reported. Following the incident, the runway remained closed until approximately 6 p.m. local time to allow airport officials to conduct a full safety inspection and clear the debris. One of the passenger Minal Ahuja who was onboard the Phuket flight, in an exclusive conversation with Republic, narrated the harrowing ordeal. The passenger on being asked about what the impact felt like stated, "It was not an expected landing. We were looking for a very smooth landing. We were right there around the beach because I have seen in the videos that whenever a flight lands on the airport, it starts from the beach and then come to the runway. But as soon as the aircraft touches the runway, they felt the bounces like two, three times." Adding further he said, "It was like we were kind of flying from the seats and then coming down. So it was a very, very harsh landing." Ahuja, further highlighting the harrowing experience inside the flight said, "People were panicking and there were a couple of kids on board in the plane and they were crying because the landing was not very smooth." Shedding light on the injury part, he said, "I have not heard about any injuries. Even when flight got landed, one of the crew member announced that if someone got any injury, they can come forward and get the medication done. But I have not seen anyone coming forward." He further stated that people were shouting following the unrest in the flight. On being asked about the provisions made by Air India following the huge scare, the passenger on board described a tense but orderly wait following the impact. He said that immediately after landing, the captain informed the cabin that they had experienced a "hard landing" and were coordinating with Phuket airport authorities. Within about 20 minutes, emergency vehicles and fire brigades surrounded the aircraft, followed by a mobile staircase and shuttle buses. Due to the precarious position of the stairs, travelers were required to deboard one by one to ensure a safe evacuation. The passenger on further being asked about any demand from the airline stated, "Yeah, I mean, as a passenger, I would expect from airline that, you know, the travel will always be smooth and safe for passengers." After alighting from the the plane, the passenger stated that the front wheel of the aircraft was covered with some sheet and there was around 15-20 members outside. Adding further he said, "I was, surprised to see that this is not just a little hard, it's something bigger and thanked God." The aircraft suffered a mechanical failure upon touchdown, resulting in the nose landing gear snapping and the fuselage sliding along the tarmac. Images from the scene captured the severed nose wheel assembly resting on the runway, surrounded by debris. Emergency teams and airport authorities immediately secured the site to prevent further escalation and protect those on board. As the primary component for steering and weight distribution during ground operations, the failure of the nose gear left the aircraft immobilized and effectively paralyzed runway traffic. Responding to the incident, Air India Express said its Hyderabad-Phuket flight experienced a nose wheel issue at Phuket Airport, but all passengers were safe. "We confirm that our Hyderabad-Phuket flight on March 11 experienced an issue with the nose wheel at Phuket Airport. The crew followed all standard protocols, and guests were deplaned. We thank our guests, the Phuket airport authorities, and all stakeholders for their cooperation," said the spokesperson.

Comments

Similar News

27
PoliticsJun 28, 2025 07:33 PM

Passenger behaves in unruly manner onboard Air India flight; handed over to Delhi airport security

New Delhi, Jun 28 (PTI) A male passenger onboard an Air India flight from Amritsar to the national capital on Saturday behaved in an unruly manner, engaged in verbal altercation with a co-passenger and was handed over to the airport security after landing at the Delhi airport. The incident happened in flight AI454. "During cabin preparations for landing, a member of our cabin crew noticed a passenger standing in the aisle, engaged in a verbal altercation with another passenger. "The second passenger reported to the crew that the individual was being abusive," the airline said in a statement ...Read More >

26
BusinessNov 29, 2024 10:45 AM

Air India's Black Friday Offers: Up to 20% off on base fares for 96 hours; check promo codes and more

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 >

23

Axiom-4: With hugs and cheers, Shubhanshu Shukla floats in ISS- first visuals | India News - Times of India

NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >

29
BusinessJun 27, 2025 11:00 AM

Hay Found in Wing Delays Air India Flight to Bangkok by Over 5 Hours, Airline Issues Statement

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 >

35
BusinessJun 29, 2025 01:33 PM

Air India Flight 171 Crash: Sabotage Angle Also Under Probe, Says Aviation Minister

New Delhi: As the investigation into the tragic crash of Air India Flight AI-171 continues, Minister of State for Civil Aviation Murlidhar Mohol has confirmed that "possible sabotage" is one of the aspects under scrutiny. His statement follows the launch of a comprehensive investigation by the Aircraft Accident Investigation Bureau (AAIB), which is currently analysing data from the aircraft's black boxes. The crash occurred on June 12, shortly after the Boeing 787-8 Dreamliner took off from Ahmedabad, resulting in the deaths of 241 of the 242 people on board. The final death toll now stands a ...Read More >

34
BusinessJun 06, 2025 04:51 AM

Modi's soaring Indian aviation ambitions face many headwinds

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 >

21
BusinessJun 27, 2025 03:50 PM

India News | Security Alert Detected on One of Air India's Aircraft: Air India Spokesperson | LatestLY

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 >

31
EntertainmentDec 02, 2024 03:44 PM

'Indians are crazy': Woman put on no-fly list after racist attack at LA airport

Passengers step in to defend Indian-American family against the aggressive woman An American woman has been placed on United Airlines' no-fly list after launching a racist attack on a celebrated wedding photographer and his Indian-American family on a shuttle bus at Los Angeles International Airport. The woman, Karen, was caught on camera making vile racist comments towards photographer Pervez Taufiq and his family, including two children. She told Taufiq's kids to "shut up" and then launched into a racist attack saying "Your family is from India, you have no respect for the rules... Indians ...Read More >

26

ISI Link, Ransom Calls... How India Foiled A Sinister ISI Plot And Rescued Its Citizens In Iran

New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >

20
OtherJun 27, 2025 08:12 PM

UK F-35B Lightning II Stealth Fighter Jet To Be Moved to Thiruvananthapuram Airport's Repair Facility As It Awaits Repair | 📰 LatestLY

New Delhi/Thiruvananthapuram, June 27: Nearly two weeks after it made an emergency landing at Thiruvananthapuram airport, the UK F-35B Lightning II stealth fighter jet will be moved to the Maintenance Repair and Overhaul facility at the airport as it awaits repairs, the British High Commission stated on Friday. "A UK F-35B aircraft is awaiting repairs at the Thiruvananthapuram International Airport after developing an engineering issue. The UK has accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The aircraft will be moved to the hangar onc ...Read More >

21
BusinessJun 28, 2025 08:54 PM

India News | Chennai-bound Air India Flight Returns to Mumbai Due to Burning Smell Inside Cabin | LatestLY

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 >

25
BusinessJun 28, 2025 08:54 PM

India News | Agencies Plan Integrating Facial Recognition, CCTV Feed for Faster Security Checks at Airports | LatestLY

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 >

31
BusinessDec 06, 2024 02:03 PM

Air India Express on expansion mode; defers Kolkata-Dhaka direct flight plans

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 >

25
PoliticsJun 27, 2025 12:00 AM

Govt begins critical analysis of crash of Air India AI-171 black boxes

New Delhi, Jun 26: India's Aircraft Accident Investigation Bureau (AAIB) has begun the critical analysis of the black boxes recovered from the wreckage of Air India Flight AI-171, which crashed earlier this month. The Civil Aviation Ministry confirmed that all investigation steps are being carried out as per international norms laid down by the International Civil Aviation Organization (ICAO). As a signatory to the ICAO's 1944 Chicago Convention, India investigates aircraft accidents in line with ICAO's Annex 13 and under the Aircraft (Investigation of Accidents and Incidents) Rules, 2017. Th ...Read More >

19
PoliticsJun 27, 2025 02:49 AM

Indian gov't says analysis of crashed Air India plane underway

NEW DELHI, June 26 (Xinhua) -- The Indian government said on Thursday that the black box data of crashed Air India Flight AI-171 has been downloaded to reconstruct the sequence of events leading to its crash recently in the western Indian state of Gujarat. According to India's federal civil aviation ministry, the analysis of Cockpit Voice Recorders (CVR) and Flight Data Recorders (FDR) data was underway. The ministry said the Aircraft Accident Investigation Bureau promptly initiated an investigation and constituted a multidisciplinary team on June 13 in accordance with international norms an ...Read More >

17
BusinessJun 27, 2025 03:20 AM

Address safety lapses within a week: DGCA to airlines, airports

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 >

22

BJP misusing agencies, FIR baseless: AAP | Delhi News - Times of India

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 >

36
TechnologyJun 27, 2025 06:15 PM

India recovers data from crashed Air India flight recorders

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 >

19

20 years after split, Uddhav & Raj join hands to oppose 'Hindi imposition' in schools | Mumbai News - Times of India

Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >

19
BusinessJun 28, 2025 11:50 PM

Chennai-bound Air India flight returns to Mumbai due to burning smell inside cabin

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 >

33
OtherPoliticsBusinessHealthJun 29, 2025 10:19 AM

Cong takes dig at BJP's 'Alwar double engine' over plan to 'redraw'€™ Sariska reserve's boundary

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 >

20
BusinessJul 01, 2025 10:33 PM

India News | Air India Delhi-Vienna Flight Drops 900 Feet Mid-air, Investigation Underway | LatestLY

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 >

22
BusinessJul 02, 2025 05:10 PM

World News | Tata Steel Confident to Complete Green Steel Transition in Europe as Planned: Chairman N Chandrasekaran | LatestLY

New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasek ...Read More >

19
OtherPoliticsBusinessJun 07, 2025 05:51 AM

Himanta visits Hailakandi, Sribhumi relief camps, vows timely infra repair | Guwahati News - Times of India

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 >

20
OtherPoliticsBusinessHealthJun 27, 2025 01:22 AM

Engineer arrested for LLB student's hit-and-run death in Gurgaon | Noida News - Times of India

Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >

19
BusinessJun 30, 2025 05:20 AM

Tatas suspend 4 after Air India SATS party video sparks outrage | India News - Times of India

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 >

32
PoliticsJun 30, 2025 06:15 PM

Sikkim MP Indra Hang Subba urges Centre to restore Pakyong flights

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 >

30

Stampede at RCB event: Bengaluru police chief, key officials suspended

Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >

19
BusinessJun 27, 2025 01:12 AM

Rampant constructions near airport may put funnel zone at risk: Experts | Pune News - Times of India

Pune: Civil aviation experts sought more action against rampant and illegal construction activities near Lohegaon airport, citing that flights' funnel zone was at risk of being compromised.Referring to the Pune Municipal Corporation's action this week against illegal under-construction buildings in the vicinity of the airport, the experts said too little was being done too late. An Indian Air Force (IAF) veteran, requesting anonymity, said rampant construction around airports couldn't have happened without collusion."This is a huge problem. No one is speaking about it. Collusion between law en ...Read More >

34
BusinessJun 28, 2025 12:46 PM

Air India SATS sacks 4 senior officials amid public outrage over party video

New Delhi, June 28 (SocialNews.XYZ) Air India SATS (AISATS) has sacked four senior officials after a video of an office party in Gurugram went viral, triggering widespread shock and outrage over the callous attitude of the staffers as the nation mourns the death of 270 people in the tragic Ahmedabad plane crash. The video, which featured AISATS Chief Operating Officer Abraham Zachariah and other officials dancing to blaring music, was widely condemned on social media. AISATS is a company that provides airport ground services. It is a joint venture, owned equally (50-50) by two companies -- A ...Read More >