Page 44 - Deepak Patel/workspace/business Standard Web/video

Record sales drive up Maruti Suzuki India profit 78% to all-time high

India's largest carmaker reported a 6.3 per cent year-on-year (Y-o-Y) increase in domestic passenger vehicle (PV) sales, at 482,731 units, in Q2 of FY24

GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn

GAL also owns a majority in Delhi International Airport Limited (DIAL), which runs the Delhi airport

We still anticipate sustained demand for diesel vehicles: Kia India CEO

Around 95 per cent of the semiconductor situation has been resolved, said Park

Not perturbed by Air India's use of Russian airspace: Finnair India head

In response, Russia banned their carriers from using its airspace. However, there are no such restrictions on Indian carriers

Airlines to operate 8.16% more flights this winter, shows DGCA data

Akasa Air, which recently reduced flights due to the exodus of 43 pilots, is slated to operate 64.9 per cent more flights

Tata Motors sets up 2 R&D facilities on H2 fuel tech, including ICE

In January this year, Tata Motors set an ambitious target of achieving net-zero emissions by 2045

Five accidents in six months: DGCA grounds flight training at Redbird

This is not the first time the DGCA has cracked down on flight training academies in the country

Navi Mumbai airport construction facing delays, may start ops in 2025: CAPA

Adani Group says project on track, operations to commence by Dec 2024

Air India starts programme to boost pilots' mental health: CEO Wilson

DGCA had in February asked airlines to institute such a programme for pilots, cabin crew members and air traffic controllers

Festival season gains momentum, leads to surge in airfares, hotel tariffs

Travel firms have also noticed a shift in the Visiting Friends and Relatives (VFR) trend usually seen during festivals

Auto deals jump 858% in Q2FY24 on back of 16 deals worth $939 million

This substantial growth was primarily fuelled by five high-value deals, each surpassing $100 million

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

Share issue will raise Suzuki Motor Corporation's ownership in Maruti Suzuki India to 58.19%

Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam

The Russia-Ukraine war, which started in February 2022, has brought significant instability to global fuel prices

Impact of Israel-Gaza conflict on auto industry negligible, says Siam

Israel is currently preparing its forces along its border with Gaza for a possible ground operation

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

The airline is currently operating about 1,483 flights per week, which is 17.5 per cent lower than in the same month last year, according to aviation analytics firm Cirium

No plans to phase out diesel vehicles: BMW India president Vikram Pawah

The company currently has an order book of about 2,000 cars and 1,000 motorcycles

Air India to receive remaining 20 leased A320neo aircraft by August 2024

In September 2022, the Tata Group-led airline announced that it is leasing 21 A320neos and 4 A321neos to enhance its flight operations

Operation Ajay begins: First group of 230 Indians from Tel Aviv heads home

An Air India B-787 plane departed from Delhi airport at 5 pm for the mission. The airline is scheduled to operate a total of seven flights till October 18 under 'Operation Ajay'

Average daily domestic traffic increased by 1.65%, Oct upswing anticipated

Overall domestic demand remained high, with four out of six major carriers reporting load factors of over 90 per cent in September

Jindal Power submits expression of interest for insolvent Go First

Go First's resolution professional invited EoIs for the carrier's sale in July. Sources have confirmed that JPL has filed an EoI for Go First in the National Company Law Tribunal (NCLT)