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Shiprocket reports 21% operating revenue growth in FY24

The company also announced that it achieved profitability in the first two quarters of FY 2024, ending September, positioning it well ahead of its goal to reach full profitability by FY 2025




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GMR group raises ₹6,300 crore to refinance promoter entity debt

GMR group will use the proceeds to refinance all external debt of GMR Enterprise Private Limited, the promoter of GMR Airports Limited




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Escorts Kubota to divest railway equipment business to Sona Comstar for ₹1,600 crore

The transaction, structured as a slump sale, is expected to close by September 30, 2025. 




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Centre admonishes X, Meta on bomb hoax posts

X and Meta officials were severely reprimanded for not divulging information in time about the bomb threats




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Ashok Leyland bags order for 500 electric buses from Chennai MTC

While 400 of these 12-m ultra-low floor electric buses will be non-AC, 100 buses will be equipped with air conditioning as well




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Schneider Electric to provide energy management solutions to Noida International Airport

The technologies will help optimise energy efficiency, reduce operational costs and minimise environmental impact




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Cabinet greenlights ₹6,800 crore railway projects in key allies-run States of Andhra Pradesh, Bihar

Emphasises development over politics, with religious and trade significance




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Proper road infrastructure, skilled workforce among key challenges for logistics industry: experts

These challenges are pushing logistics firms to balance cost management, workforce, and technology investment to maintain competitiveness




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Direct flights open up new overseas destinations, Indian arrivals rise in double digits

While revenge travel fueled post-Covid 19 pandemic travel recovery, easier visa norms and increased air connectivity are boosting demand




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Air India suspends ten cabin crew as room sharing rule triggers a row

Crew union seeks labour ministry intervention to stall the move 




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Adani Ports Q2 PAT up 39%, revenue up 6.3%

Adani Ports said in a statement it was well positioned to hit the upper end of the FY25 EBITDA guidance range of ₹17,000-18,000 crore




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Indian Railways renegotiates Vande Bharat order to 80 high-capacity trainsets; JV Kinet on-board

New order consists of 80 trainsets with a 24-coach configuration, instead of originally planned 16




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New terminal operating system and bunching of ships disrupt truck movements at Kattupalli and Ennore container terminals

While the issue with the of TOS has been addressedsorted out, the trailers are still facing delays in the scanning centre




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Kandla Port plans new container terminal and multipurpose berth with ₹27,000 crore investment

Positioned strategically between Tuna Tekra and the entry point of Kandla, the proposed site could help vessels avoid an 11-kilometer trek through the creek, providing cost advantages




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Release Viability Gap Funding to Vizhinjam port as grant, not loan, Kerala Chief Minister requests Centre 

Letter to Union Finance Minister requests treatment on a par with Outer Harbour project of VO Chidambaranar Port




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Air India commences A350 services on Delhi-JFK route 

In addition, Air India announced said that it is preparing to launch a new inflight connectivity service on international flights operated by the A350




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Government moots ₹2,000 crore funding for Pawan Hans to revive operations, enhance capacity

Proposed fund infusion to help Pawan Hans provide consultation services for heliport construction, introduce seaplane services as well as add new choppers to its fleet




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India gears up to expand carbon-efficient coastal shipping services

Coastal Shipping Bill moots identifying newer routes for movement of additional cargo




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IndiGo secures approval for wet lease renewals of 11 A320 aircraft




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IRCTC Q2 net profit up 4.5%, interim dividend announced

Revenue from operations during the period under review stood at Rs ₹1064 crore, up 7.3 per cent y-o-y




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Centre to OTAs: Correct air ticket pricing mechanism, fix software glitches

‘Ministry has advised OTAs to modify the websites’ algorithm so that the search results are not based on cache memory data’




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Cyient DLM signs pact with Honeywell Aerospace Technologies

Cyient DLM The company signs a 16-year programme forecast to develop liquid cooling loops that will be used in select applications of Micro VCS




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Chennai now directly connected by air with Brunei

Brunei’s national airline will fly3three times a week between Brunei and Chennai on Tuesdays, Thursdays and Saturdays




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Railways eyes double-decker cargo liners and Vande cargo trains for faster, greener freight

The cargo liners will have a 46-seat capacity in the upper deck while lower deck will be for cargo loading with a capacity of up to 6 tonnes




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Recaro to commence India sourcing to support mega orders; IndiGo among major clients

Recaro, the global aircraft seat manufacturer, has bagged mega orders from India-based airlines, including IndiGo




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Mangaluru International Airport records highest-ever passenger and air traffic movements in October 2024

The airport logged 1,538 air traffic movements, significantly up from 1,433 in September 2024




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Air India rejigs senior management ahead of Vistara merger

Vistara, a 51:49 per cent joint venture between Tata Sons and Singapore Airlines, is set to merge with Air India on November 12




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Truck rentals ease in October after seasonal surge

Commercial tractor sales grew by 39% month-on-month, while agricultural trailer sales rose by 67%




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India could benefit from re-orientation of global supply chain away from China after Trump's victory: Report

The report highlighted the Trump’s plans include imposing a 60 per cent tariff on imports from China, as well as additional tariffs ranging from 10 per cent to 20 per cent on imports from other countries




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Air India Express targets a 50% yoy growth in passenger traffic for FY25

Air India Express’ Chief Executive Aloke Singh says that the airline will focus on growing its presence in the tier-II and III markets




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Kandla to become 390 MTPA capacity-port by 2030: Deendayal Port Authority chairman

Kandla port is looking to offer three oil jetties and a couple of cargo jetties to private players under the PPP mode




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DHL Express focuses on Life Sciences, Healthcare, and Energy as key growth drivers

In life sciences, rising fields like cell research, biopharma, and clinical trials require specialized supply chains for safe handling and delivery. Meanwhile, the expanding clean energy sector calls for dedicated logistics to manage battery swapping, storage, transport, and disposal




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Vistara merger: A section of Air India pilots unhappy over difference in retirement age

Retirement age for pilots and other staff at Air India is 58 years, whereas at Vistara it is 60 years




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Faced with revenue headwinds, airlines go extra mile to win customers

These initiatives come amid increased capacity and intensified competition in the Indian skies




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Vistara to make last flight today before Air India merger, netizens pour in feelings

Vistara, a joint venture between Tata Group and Singapore Airlines, will fully merge with Air India, also owned by Tata Group




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Adani Kattupalli port continues to face operational challenges

Only one container ship to be berthed between November 11 and 14




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Seaplane service between Kochi and Idukki takes off

The service is be operated by a Switzerland-based private company and SpiceJet




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SpiceJet acqui-hires Travenues

Travenues is a wholly-owned subsidiary of ixigo arm




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Zoho building 250-bed hospital in Kattankulathur near Chennai

₹70-crore facility to use a variety of tech tools for modern healthcare provision




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ESAF Bank opens 500th branch in Ahmadabad




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HealthCare Global Enterprises appoints Meghraj Arvindrao Gore as CEO

Previously he was the Chief Executive Officer — Southern Region of Apollo Hospitals Enterprise Ltd




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Ambuja Cement to commission ₹2,350-cr greenfield plant in September quarter

Rajasthan plant to enhance clinker capacity by 3 mtpa




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Now, you can send money abroad in 100 currencies via Axis Bank app

Customers can send up to $25,000 per transaction for various purposes




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We will have 10-12 per cent growth in FY22, says Kotak Mahindra Life CEO




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SEBI imposes penalty of ₹25 cr on YES Bank




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Infosys Q4 results present a mixed bag

FY22 margin guidance may disappoint markets




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AWS launches Amazon Digital Suite to enable digital transformation for Indian SMBs

Provides a broad selection of business software for B2C and B2B customers




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Ahammune Biosciences raises Pre-Series A funding from Ideaspring Capital, Indian Angel Network




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Kotak Mahindra Bank selected as digital payments partner by eNAM

Bank will provide payment, clearing and settlement services on the eNAM platform




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Fino Payments Bank goes live with enhanced deposit limit of ₹2 lakh

Move in line with the revised guidelines announced by RBI