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INDIGO AIRLINE FUNDING
IndiGo Ventures to invest in Indian firm Sarvam to expand AI use in aviationIndiGo Ventures is investing in Sarvam, an Indian artificial intelligence company. This investment supports their ongoing partnership focus...
Adani rival GMR plans $2 billion expansion at two India airportsWith plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments pr...
Plea received to waive airline cross-holding rules: CentreThe government said AAI has received a request to waive airport-airline cross-holding restrictions, though the civil aviation ministry has ...
Allowing airport operators to own and run airlines is logical, says Akasa CEO Vinay Dube as airline turns fourAkasa Air CEO Vinay Dube supports airport operators owning airlines, which IndiGo opposes. The airline is seeking significant funding amid ...
Akasa Air backs plan to let airport operators own airlines: CEO Vinay DubeAkasa Air's CEO supports airport operators owning airlines, emphasizing India's need for more aviation competition. He is confident the gov...
Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCsHappy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning ...
Govt moves to allow MDR; Qcomm braces for festive rushHappy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s...
Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding roundSarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...
Boarding call: Can Adani succeed where so many airlines have failed?Adani Group's potential airline entry could reshape India's aviation industry, but challenging the IndiGo-Air India duopoly will demand yea...
Adani shows interest to start airline in letter; denies plans in stock exchange filingAdani Airports seeks a waiver to operate an airline alongside its airport holdings. The conglomerate is evaluating airline participation to...
Adani seeks clearance to own airlineAdani Group seeks to dilute a clause preventing airport operators from holding airline stakes. This change would enable the conglomerate to...
Lessors aim to reclaim SpiceJet aircraft due to increasing unpaid rentalsAircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial...
WestBridge Capital invests Rs 170 crore in Elevate EducationElevate Education has secured Rs 170 crore funding from WestBridge Capital. The company plans to expand its campus partnerships and technol...
From WhatsApp chats to food orders: How Sebi cracked a Rs 144 crore stock manipulation schemeSebi uncovered an alleged Rs 144 crore pump-and-dump scheme by analysing airline bookings, hotel stays, food delivery records, WhatsApp cha...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
IndiGo venture gets Sebi nod to launch venture capital fundCountry's largest airline IndiGo on Tuesday said IndiGo Ventures has received approval from market regulator Sebi to launch a venture capit...
Investor consortium led by Indigo Partners to invest Rs 1400 crore in SpiceJetTPG Capital & JPMorgan Infra Fund are the other two. Indigo Partners may back Ajay Singh to own 26% in SpiceJet to have considerable author...