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AIRLINE FUNDING
- IndiGo Ventures backs sovereign AI firm Sarvam in ongoing Series B funding round
The investment by the corporate venture capital arm of IndiGo builds on an existing relationship between the two entities. Both companies p...
ETtech Deals Digest: Third Wave, Airbound lead weekly funding at $208 million, down 56% on-yearIndian tech and startup funding stood at $207.7 million across 20 rounds in the week ended August 28, down 6.3% from the previous week. Thi...
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...
- Singapore Airlines' board to retain final say on further Air India investment
Singapore Airlines’ board will retain the final decision on any further investment in loss-making Air India, chairman Peter Seah told share...
Skyways Air IPO Day 4: GMP signals 31% listing premium; issue subscribed over 71 timesSkyways Air Services IPO culminates its bidding process today, attracting considerable interest from investors. The issue was subscribed 5....
Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore AirlinesSingapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capita...
Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
Skyways Air IPO Day 3: GMP indicates 21% listing premium; Issue subscribed 5 timesBy the end of Day 2, the IPO was subscribed 2.46 times, with bids received for 2.95 crore shares on offer. Retail investors showed particul...
93-year-old widow Ruth Gottesman gave $1 billion to make medical school free: Why her gift changed Albert Einstein College of Medicine foreverAt 93, widow Ruth Gottesman made a historic $1 billion donation to Albert Einstein College of Medicine in the Bronx, creating a scholarship...
VCs step up wealthtech bets; Blinkit freezes new launchesInvestors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5.
Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources sayAir India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to ...
E-bike maker Matter raises $25 million from existing investors, plans four new modelsMore than Rs 750 crore of the capital raised so far has been deployed across manufacturing, research and development, and market entry, the...
Air passenger service prices surge 31.9% in Q1 FY27: Govt dataService prices showed mixed trends in the first quarter of FY27. Airline and railway service prices saw notable increases during this perio...
Karol Bagh man had foreign bank accounts, FD in Singapore, no ITR disclosure; income tax dept sent black money notice, but ITAT Delhi cancelled the notice for this reasonBlack money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delh...
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...
Skyways Air IPO opens today; GMP at 23%: Key details. Should you subscribe?Skyways Air Services’ Rs 582.8 crore IPO opens on August 24, 2026, with a price band of Rs 131–Rs 138 per share. The logistics company plan...
SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...