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AIRCRAFT LEASING ECOSYSTEM INDIA
UDAN flights discontinued on 50% of routes launched so farIndia's ambitious plan to boost regional air travel is struggling, with nearly half of UDAN routes now inactive. Despite significant govern...- Regional carriers demand slots, aircraft and simpler rules as India relaunches faltering connectivity schemeOf the 669 routes made operational since the Ude Desh ka Aam Nagrik (UDAN) scheme started in 2017, commercial flights are currently operati...
- Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
- Amazon Data Services, L&T ink over 17-year lease for 4-acre land in Mumbai’s PowaiAmazon Data Services India has significantly expanded its data centre footprint in Mumbai's Powai, leasing an additional four acres from La...
- Air India, SIA Engineering to set up maintenance, repair and overhaul joint venture in IndiaAir India and Singapore Airlines' engineering arm are exploring a joint venture to establish a world-class Maintenance, Repair, and Overhau...
- Japan emerges as largest APAC contributor to India's GCC ecosystem: DeloitteJapan is now India's top contributor to the Asia-Pacific GCC sector, with over 100 Japanese companies establishing centers. These hubs are ...
- Industrial park operator Ganesh Industrial to invest Rs 600 crore in NCR parksKolkata's Ganesh Industrial Complex is investing Rs 600 crore in new industrial parks across Delhi-NCR, targeting highway-adjacent location...
- Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
- Digital Edge (India) buys 30 acres in Palava for Rs 1,000 cr, plans 270MW data centreDigital Edge, backed by NIIF, has secured over 30 acres near Mumbai for a massive 270 MW hyperscale data centre campus, marking a significa...
- HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in BengaluruGlobal banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significa...
- BSE launches REITs and Commercial Real Estate Index for passive investment productsBSE Index Services has launched the BSE REITs and Commercial Real Estate Index, India's first benchmark tracking listed REITs and companies...
- Accel, Nikhil Kamath-backed Sarla Aviation completes flight test campaign of demo e-aircraftBengaluru-based Sarla Aviation, backed by Nikhil Kamath, has successfully completed flight tests for its electric aircraft technology demon...
- Defence push: Aatmanirbharta means collaboration, not isolation, says Rajnath SinghSpeaking at the Vibrant Gujarat Regional Conference in Vadodara, he said collaborations with foreign Original Equipment Manufacturers have ...
- Gujarat can emerge as major defence manufacturing hub: RajnathDefence Minister Rajnath Singh highlighted Gujarat's potential as a major defence manufacturing hub, emphasizing its industrial strength an...
- Indian Army to expand drone fleet, raise Baaz Battalions to boost surveillance capability: COAS General Upendra DwivediGeneral Dwivedi said the new initiative will build upon existing Remotely Piloted Aircraft Flights and create a dedicated pool of trained p...
- Entrepreneurship and innovation: Scaling India's strategic technology ecosystemIndia's pursuit of technological self-reliance is gathering pace as sovereign capabilities in defence, space, semiconductors, and secure co...
- No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
- Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: ColliersOffice space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced ...
- Airbus to inspect 16 Emirates, Qantas A380s after wing cracks foundAirbus on Tuesday said it would inspect 16 A380 planes, five of them immediately, after cracks were found in a key wing component on aircra...
- KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and AirbusPrivate equity firm KKR is investing an additional $1.4 billion in aircraft leasing through its partnership with Altavair. This move comes ...
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