Tata Sons' dividend from Tata group companies for last financial year is expected to show a decline of 3.5 per cent to Rs 36,514 crore from Rs 37,832 crore a year earlier. This should be the first year-on-year decline in Tata Sons' dividend in the last nine years. The holding company had last reported a decline in FY16, when its proceeds had gone down 42.5 per cent to Rs 6,898 crore from Rs 11,993 crore a year earlier.
Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.
An Air India passenger allegedly urinated on a fellow traveller during a flight from Delhi to Bangkok on Wednesday. Air India has reported the incident to the authorities (DGCA) and is investigating the matter. The airline has also stated that its crew followed all laid down procedures in handling the situation and offered assistance to the aggrieved passenger.
During Operation Sindoor, Indian naval ships, submarines and aircraft were operationally ready and deployed, projecting strength and preparedness to deter any "potential actions from our western adversary" in the maritime domain, Navy chief Admiral Dinesh K Tripathi said on Friday.
An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).
The helicopter carrying a total of seven people, including the pilot, crashed on the Rishikesh-Gangotri National Highway at around 8:45 am.
The growth in India's domestic aviation capacity in calendar year 2023 (CY23) was the sixth highest among 20 major domestic markets, compared to the pre-pandemic year of CY19. The domestic capacity in the country surpassed the pre-pandemic level seen in CY19 and was up 5 per cent in CY23. It trails Mexico, Columbia, China, Vietnam, and Spain, which have shown higher growth, according to data shared in a seminar organised by global travel data provider OAG on global aviation trends in 2023.
The Indian Air Force will carry out a two-day mega military exercise along the border with Pakistan from Wednesday that will involve all the frontline fighter jets including Rafale, Su-30 and Jaguar aircraft. The exercise is taking place amid heightened tensions between India and Pakistan over the April 22 Pahalgam terror attack that killed 26 people. India's civil aviation authorities have already issued a Notice to Airmen (NOTAM) for the major air exercise that will largely take place along the southern and western section of the Indo-Pakistan border. India's frontline fighter jets including the Rafale, Su-30 MKI, MiG-29, Mirage-2000, Tejas and AWACS (Airborne Warning and Control System) aircraft are set to feature in the exercise.
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.
A Reuters report stated that the high-profile meeting reflects Ambani's growing influence in global business and diplomacy. Over the years, Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in several Reliance ventures.
An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.
Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
'Loss of thrust in both engines would have left the crew with minimal options for recovery.'
Air India has terminated the services of a trainer pilot for lapses during simulator training. Ten pilots who underwent training under the trainer pilot have been removed from flying duties pending investigation. The action follows a whistleblower complaint alleging that the trainer pilot failed to properly discharge his duties. Air India conducted a detailed probe and corroborated the allegations. The airline voluntarily reported the matter to the Directorate General of Civil Aviation (DGCA) and commended the whistleblower for coming forward.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
'In those 10 seconds, they even made a MAYDAY call -- which is only issued in case of a serious, imminent emergency.'
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
While Air India cancelled six international flights due to aviation regulator DGCA subjecting its Dreamliner fleet to enhanced checks, the Ahmedabad-London Gatwick one was cancelled due to unavailability of aircraft, the airline said.
Reliance Defence and Germany-based Rheinmetall have agreed on a 'strategic partnership' in the field of ammunition, officials on Thursday said.
Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.
The Ahmedabad air tragedy, which claimed the lives of all but one of the 242 passengers and crew on board, and several others on the ground, has left deep scars on BJMC's residential quarters and the psyche of the survivors.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
Civilian flight operations from the 32 airports across northern and western India, including Srinagar and Amritsar, were suspended from May 9 to May 15.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
The Income Tax Department has slapped a penalty of Rs 944.20 crore on IndiGo, which said it will contest the order that is "erroneous and frivolous". The order was received by InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Saturday.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
Nayagam PP, a certified career counsellor and the founder of EduJob360, lists the top and emerging career streams in engineering.
Indian Navy's carrier battle group, submarines and aviation assets were immediately deployed at sea with full combat readiness in the aftermath of the Pahalgam terror attack, a top Navy official said on Sunday.
To tap Indian civil aviation market's growth potential, the government on Saturday announced a modified regional air connectivity scheme UDAN (Ude Desh ka Aam Naagrik) to connect 120 new destinations, airport projects in Bihar and upgradation of infrastructure for air cargo in the Union Budget.
Of these only 150 attacks were successful, officials said on Monday.
Even Prime Minister Narendra Modi told US Vice President JD Vance on May 9 that Indian response will be "more forceful, stronger, devastating" in response to Pakistani actions, the sources said.
India's precision strikes using an array of weapon systems and missiles on eight key installations ranging from air defence systems to radar sites and command centres of the Pakistani military forced Islamabad to urge New Delhi to end the hostilities, the sources said.
Two residents of Pune, Kaustubh Ganbote and Santosh Jagdale, were killed in a terror attack in Pahalgam, Kashmir, on Tuesday. Ganbote, a snacks business owner, and Jagdale, an interior designer, were on a family vacation with their wives and children when the attack occurred. The attack has left both families devastated. Ganbote was known for his jovial and helpful nature and had recently become a grandfather. Jagdale was also known for his love of travel and music. The bodies of both men were brought back to Pune on Thursday, where they were received by Union Minister of State for Civil Aviation Murlidhar Mohol.
The mega procurement project has been approved by the Cabinet Committee on Security chaired by Prime Minister Narendra Modi, they said.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.
Some pro-Kashmir resistance handles on social media have claimed that the citizens who were injured in the Pahalgam terrorist attacks were not 'ordinary', but connected with internal security and counter-intelligence agencies like the Intelligence Bureau (IB).
