BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...

The Enforcement Directorate is investigating Rs 160 crore transferred from TMC accounts to an aviation firm. This probe includes Rs 82.96 c...

A significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...

Akasa Air has set up an aircraft leasing unit at Gujarat International Finance Tec-City. This move supports fleet expansion and aims to kee...

India plans to extend the tax holiday for aircraft leasing firms in GIFT City to 15 years, aiming to capture a larger share of the global m...

In a landmark move, Standard Chartered and Bank of India have injected a substantial USD 215 million into AI Fleet Services IFSC Limited, t...

Civil Aviation Minister K Ramamohan Naidu says GIFT City provides a significant boost to the Indian aviation sector. It unlocks a USD 5 bil...

IndiGo's parent company is set to provide a substantial loan to its subsidiary. The loan amounts to USD 43 million. This funding will enabl...

In a strategic move to bolster its operational efficiency, Akasa Air has entered into a partnership with Rolls-Royce & Partners Finance Eng...

GIFT City to launch foreign currency settlement system chaired by K Rajaraman, IFSCA, supported by RBI and Clearing Corporation of India. S...

Adani Ports and Special Economic Zone Limited (APSEZL) has formed a subsidiary called Udanvat Leasing IFSC Limited, which will be engaged i...

"We are coming up with payments regulations shortly, maybe in the next few months. This will enable regulated entities to provide these ser...

IndiGo will invest Rs 30 crore in its leasing unit and issue a corporate guarantee of up to $996 million. Air India has already established...

The centre, which offers competitive incentives such as tax holidays and lower overhead costs to companies setting up offices there, has ad...

It has added as much as 37 business units since October in several segments covering the capital market which includes Truebeacon, Kedaara ...

“The proposal sits well with India’s desire to develop a local aircraft leasing and financing industry to accelerate the maturity and ‘Atma...

The finance ministry classified aircraft leasing as a financial activity last week, a step that allows IFSC entities to provide such servic...