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, March 31 (SocialNews.XYZ) InterGlobe Aviation Limited, the parent company of IndiGo, on Tuesday appointed William Walsh as Chief Executive Officer, subject to regulatory approvals, after Pieter Elbers resigned as the CEO of the low-cost airline earlier this month. Walsh's tenure at IATA (International Air Transport Association) comes to a close on July 31, 2026, and he is expected to join no later than on August 3, 2026, the airline said in a statement. Walsh (popularly known as Willie) is currently the Director General of IATA and was formerly CEO of British Airways and IAG (International Airlines Group, a holding company which owns Aer Lingus, British Airways, Iberia, Level and Vueling). "His experience in managing large scale airline operations and navigating complex market dynamics make him ideally suited to strengthen and lead IndiGo for continued growth in an ever evolving and competitive international aviation environment," said Vikram Singh Mehta, IndiGo Chairman. Earlier this month, Elbers resigned as the CEO of IndiGo, the country's largest airline operated by InterGlobe Aviation Limited, following the low-cost carrier's worst-ever flight crisis in December last year. Elbers, who took over as IndiGo CEO a little over three years ago, oversaw a period of strong growth for the airline. Rahul Bhatia, Managing Director of IndiGo said that "As we enter a new phase of transformation and growth, I am delighted to welcome Willie to IndiGo". "He is an iconic and accomplished aviation leader and brings a rare combination of global perspective, operational expertise of having built strong customer-focused airlines, deep industry experience and a values driven leadership, making him exceptionally suited to lead IndiGo at this pivotal cusp of growth," Bhatia said. In his new role as IndiGo's CEO, Walsh will be responsible for the overall management and strategic direction of the airline with a focus on transformational initiatives to strengthen the operational performance, advance the company's network and commercial strategy while enhancing customer experience. "The aviation landscape is evolving rapidly, and IndiGo is extremely well-positioned to be at the forefront of this change. I look forward to partnering with colleagues across the organisation to build a culture of excellence, innovation, collaboration and sustainable value for all stakeholders," said Walsh.
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 >
Hyderabad: GMR Hyderabad International Airport Limited (GHIAL) signed a Memorandum of Understanding with Young India Skill University (YISU) to enhance aviation skill development for the youth of Telangana. The partnership will provide various aviation training programs and certifications, specially designed to strengthen workforce skills and meet the growing demands of the aviation industry. The YISU is an initiative by Telangana Telangana aimed at addressing skills and employability gap within the state and nation. This futuristic initiative aligns with the state's strategic vision to stren ...Read More >
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 >
Bengaluru (Karnataka) [India], June 30: Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions provider with proven expertise in satellite platforms, launch services, and ground station infrastructure. This strategic partnership aims to unify the two companies' end-to-end, indigenously-developed capabilities across the upstream and downstream segments of the Space value chain, addressing the needs of ...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 >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
Mhow, Jun 7 (PTI) In a disturbing incident, a stray dog was seen clutching a dead newborn in its jaws near the toilet of a government hospital in Madhya Pradesh's Indore district on Saturday before a security guard managed to retrieve the body after shooing away the animal. Authorities at the civil hospital in Mhow, some 25 kilometres from the district headquarters, and police have begun a probe into the antecedents of the newborn and the chain of events that followed. ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
Travellers in India -- both domestic and international -- have been facing numerous flight delays and disruptions in recent days. These include delays in Air India's Dreamliner fleet due to stricter inspection norms set by the Directorate General of Civil Aviation (DGCA) after the AI 171 crash, long-haul flight delays due to route disruptions caused by the Middle East tension, and domestic delays owing to bad weather conditions. Many passengers have taken to social media to express frustration and share images of the chaos across airports. So, if you're one of the affected airline passengers ...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 >
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 >
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, Jul 3 (PTI) An Air India flight from Delhi to Washington, which took off on July 2, could not complete its journey after it developed a technical glitch during a scheduled refuelling stopover in Vienna, the Tata Group-owned airline said on Thursday. Consequently, its return flight from Washington to Delhi, scheduled on July 2, was also cancelled. Also Read | India Weather Forecast: Monsoon in Active Phase, Heavy Rainfall to Continue in Most Parts of India for Almost Entire Week, Says IMD Scientist. Of late, frequent delays and cancellations of long-haul flights by Air India have bee ...Read More >
Hyderabad (Telangana) [India], July 4 (ANI): Congress chief Mallikarjun Kharge on Friday came down heavily on the Rashtriya Swayamsewak Sangh (RSS) over its pitch to reconsider the words 'secular and socialist' from the Preamble of the Indian Constitution while saying that it was 'all talk'. He dared and challenged RSS General Secretary Dattatreya Hosabale and top leaders of the ruling Bharatiya Janata Party (BJP) in the centre to remove the words 'secular and socialist' from the Preamble. 'Days before, I heard that some RSS person said that we should remove Secular and Socialist words from ...Read More >
Srinagar, Jul 4: Lieutenant Governor (LG) Manoj Sinha Friday said that he was proud to see women breaking barriers in agricultural sciences and technology. In his address at the 6th convocation ceremony of Sher-e-Kashmir University of Agricultural Sciences and Technology, Kashmir (SKUAST-K), the LG said, "Proud to see our daughters breaking barriers and achieving success in Agricultural Science and Technology. It reflects a bright future for J&K and the nation." During the convocation, of the 5250 degrees of undergraduate, master's, and PhD, 2661 degrees were awarded to women, of the 150 stu ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Bengaluru (Karnataka) [India], July 4 (ANI): Reaffirming its commitment to positioning Bengaluru as a global aerospace hub, BEML Limited inaugurated its newly built state-of-the-art warehousing facility, spread over 0.12 acres, at the Karnataka Industrial Areas Development Board (KIADB) Aerospace Special Economic Zone (SEZ), Bengaluru. The facility was inaugurated by Shri Shantanu Roy, Chairman and Managing Director, BEML, in the presence of Functional Directors, senior officials from BEML, and dignitaries from KIADB, an official release added. Also Read | Bihar Assembly Elections 2025: RJD ...Read More >
NEW DELHI: An Air India flight from Bengaluru to Delhi was delayed on Friday morning after the pilot collapsed just before take-off. The airline arranged for an alternate pilot and the flight finally took off 90 minutes later. The incident follows recent concerns raised by the Directorate General of Civil Aviation, which pulled up the airline for the pilot roster system. Flight AI2414 was supposed to take-off by 3 am on July 4 from Terminal 2 of the Kempgowda International Airport. However, a pilot was reported to have fallen seriously ill inside the cockpit just before departure. The flight ...Read More >
Baramulla, Jul 5: Hundreds of mourners from Delina and its neighbouring villages Saturday participated in the Muharram procession, the 9th day of the month of Muharram-Ul-Haram at Delina area of north Kashmir's Baramulla district. The procession was one of the series of processions being held in the month of Muharram, the first month of Islamic calendar. Dressed in black and carrying flags bearing religious inscriptions, participants from the villages of Hygam, Bulgam, Bohripora, Syedpora, Uri, Boniyar and other villages marched from new Imambargah through the National Highway NH-1 to the ma ...Read More >
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on board the concerns that InterGlobe Aviation Ltd have to infringement of their goodwill, which was not ou ...Read More >
New Delhi [India], June 5 (ANI): Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand. Effective July 7, 2025, Air India will add a sixth daily flight between Delhi and Kathmandu, increasing frequency from 35x weekly to 42x weekly. Air India will add a second daily flight between Delhi and Colombo, doubling the route's frequency from 7x weekly to 14x weekly. The Tata Group airline will add a third daily flight between Mumbai and Bangkok, increasing frequency from 13x weekly to 18x weekly. Air India said in a ...Read More >
New Delhi, Jun 27 (PTI) Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. In a statement, Fairfax said former G20 Sherpa Kant's extensive expertise in economic development, innovation, and sustainable growth is expected to significantly benefit the company's long-term investment approach in India. As India is pursuing an ambitious roadmap toward becoming a developed economy by 2047, Fairfax expects many opportunities for it and its affiliates, including Fairfax India Holdings Co ...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 >
From Lucknow To Stars: 5 Lesser-Known Facts About Shubhanshu Shukla - 1st Indian On International Space Station The Central Industrial Security Force (CISF) took a significant initiative by recently hosting a high-level workshop that brought together all the key players in civil aviation and VIP security to enhance safety and improve the passenger experience for everyone. The "Functional Workshop of Airport Sector," held at CISF's Airport Sector Headquarters on June 27, 2025, saw top CISF offic ...Read More >
BENGALURU, India, June 30, 2025 /PRNewswire/ -- Bengaluru-based SatSure, a full-stack satellite Earth Observation (EO) and Decision Intelligence company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Hyderabad-based Dhruva Space, a leading full-stack Space solutions provider with proven expertise in satellite platforms, launch services, and ground station infrastructure. This strategic partnership aims to unify the two companies' end-to-end, indigenously-developed capabilities across the upstream and downstream segments of the Space value chain, addressing the ...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, July 3 (SocialNews.XYZ) Low-cost carrier IndiGo on Thursday announced the appointment of retired IAS officer Amitabh Kant as a Non-Executive Director on the Board of Directors of its parent company InterGlobe Aviation Limited, subject to regulatory and shareholder approvals. A 1980 batch officer of the Indian Administrative Service's (IAS) Kerala cadre, Amitabh Kant, has had an administrative career spanning over four decades. Most recently, he served as India's Sherpa during the G20 Presidency. He was part of PM Modi's team that delivered the historic New Delhi Leaders' Declaratio ...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 >