Page 60 - Ajinkya Kawale

DGCA okays Go First plan to resume flights on availability of interim funds

The regulator has asked the resolution professional (RP) to submit the proposed flight schedule in proportion with the available resources

India ends Covid-19 testing requirements for international travellers

Health ministry guidelines say travellers should be fully vaccinated and follow preventive measures

Cashfree Payments launches service to improve payment options visibility

Fintech company says service will reduce customer drop-offs by 30%, can be used to display payment options

PhonePe Insurance launches monthly subscriptions for health policies

Option will lower financial burden for customers, says company owned by fintech major PhonePe

Merger with Air India on track, regulatory nod by April 2024: Vistara CEO

No need for fof further capital injection as airline is flush with funds, says Vinod Kannan; carrier plans to expand to Bali, add flights to Europe from Mumbai

Easebuzz's revenue up to Rs 236 cr in FY23, plans to go public in 3-4 years

The company said it has been 'profitable since its inception' and plans to go public in the next 3-4 years

Air India to get 500+ crew every month, introduce crew rostering system

The carrier's domestic market share improved marginally at 9.7 per cent in June from 9.4 per cent in the previous month, DGCA data showed

Fintech firm Enkash launches automated financial solution Olympus

The company said businesses can onboard themselves with a two-step process 'without disrupting their accounting, policies, processes & banking relationships'

Google Pay rolls out UPI LITE feature for faster, low-value transactions

Users can download the Google Pay app from the Play Store or App Store

Razorpay launches operations in Malaysia market with payment gateway

Service simplifies payment collection, automates payouts, helps businesses to control cash flows

PayU, AWS India, Chiratae Ventures collaborate to launch fintech program

The cohort will receive training and mentorship sessions, including access to experts from PayU, 'guiding them to scale their business operations and expand their customer base'

Fibe eyes upskilling space for lending even as ed-tech faces crunch

The company, which averages around Rs 40 crore in monthly topline sales in the category, partners with upskilling platforms to lend credit to consumers

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain

Indian airlines such as Indigo and Air India have recently placed orders for 500 and 470 aircraft, respectively

Expressions of Interest sought for possible sale of crisis-hit Go First

The airline, which posted Rs 4,183 crore as total revenues from operations in FY22, ceased operations on May 3 this year

375 A321neo, 125 A320neo: Airbus reveals IndiGo's 500-plane order

The A320neo has a range of 6,300 kilometers, whereas the A321neo aircraft type has a range of up to 8,700 kilometers

SIAC directs Pratt & Whitney to give Go First five engines a month

Pratt & Whitney said that it respected the interim arbitration ruling and "will comply with the order until it is otherwise modified"

DGCA, EASA ink MoU on drone standards, will work on training programmers

Among other things, the MoU will ensure regular information sharing between the two parties on tech development and research in this area

Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY

Focus is on payment volumes that generate profitability, says fintech company

E-com firms' demand for gig workers up as shopping festivals near: Study

'Numerous opportunities' for individuals in flexible and on-demand work arrangements, it says

Spicejet repays last Rs 25 cr to settle City Union Bank's Rs 100 cr loan

Last year, the airline had agreed to repay all its due by June 2023