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Air India in talks with commercial banks for Rs 3,000 crore loan

In talks with banks to fund down-payment under sale & leaseback deals

Mercedes-Benz India expected balanced growth between SUVs, sedans: MD & CEO

SUVs have become highly popular during the last few years but there is still a strong base of customers that love sedans, he told Business Standard.

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

This will be done to acquire SMC's 100% stake in Gujarat plant

Indian auto component industry saw highest-ever jump at 33% in FY23: ACMA

Revenues share from EV makers more than doubles to 2.7%

Go first bump subsides: Airline average daily load factor below 90% in July

The average daily domestic passengers handled by the carriers in July fell by 5.6 per cent month-on-month to 393,990

Maruti expected to launch 10 new models in next 8 years: Bhargava

"We expect the demand for exports to continue to grow and export volumes are projected at 750,000-800,000 cars by FY31," he mentioned

Maruti's share in parent Suzuki's revenues reached highest ever in Q1FY24

Contribution rose to 39% in Q1FY24 from 35.28% a year ago

Govt takes multiple steps to tackle festival-season rush at major airports

Measures include additional CISF personnel, increased immigration counters, and real-time updates through social media

IndiGo posts highest ever quarterly net profit at Rs 3,090.6 cr in Q1

Airline looks to buy new planes and related assets

SpiceJet seeks shareholder approval for 5.91% stake transfer to Carlyle

The lessor will get shares upon conversion of outstanding dues worth $28.16 mn

Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane

Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July

IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded

All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines

Domestic passenger vehicle sales jump 3.1% as strong base effect continues

The highest ever sales by the Indian PV makers was in September last year at about 355,000 units

Maruti to acquire Suzuki Motor Corp's Gujarat plant to boost efficiency

Maruti will take over EV production at Gujarat site, replacing Suzuki Motor Corp

Reduce commercial area at airports to boost security checkpoints: BCAS

The BCAS earlier this month extended the deadline for using full-body scanners at major Indian airports from March 31 to December 31, 2023

Bajaj Auto posts 41% jump in Q1 net profit on strong domestic sales

Its export volumes improved sequentially by 12 per cent amid the continued macro challenges in overseas markets

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs

The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

Samil to acquire Germany-based Dr Schneider Group for over Rs 1,000 crore

Apart from the aforementioned three major global acquisitions, Samil has done seven other smaller acquisitions in India and other parts of the world in 2023

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

Akasa Air's whirlwind takeoff: How airline is gradually inching its way up

It's partly benefited from SpiceJet and GoAir's problems, but with a 20th aircraft to be inducted soon, the 11-month-old airline is eyeing international destinations too