Indias
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India’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani Enterprises plans to aggressively bid for 11 airports that…
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Goldman, JPMorgan see India’s record IPO boom extending to 2026
Fundraising expected to hit US$25 billion in 2026, and for the next few years to reach above US$20 billion [MUMBAI] India’s proceeds from initial public offerings (IPO) in 2026 may…
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Japan’s Mizuho to buy majority of India’s Avendus from KKR for up to 81 billion yen
[TOKYO] Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US investment firm KKR for up to 81…
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IndiGo chaos unmasks fragility of India’s aviation market
The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded [NEW DELHI] In a matter of days, the reputation of India’s biggest airline was…
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MUFG said to near deal for stake in India’s Shriram
[TOKYO] Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the matter, the latest foreign bank seeking…
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India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to record…
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India’s aviation watchdog deploys monitors to IndiGo offices
These teams are required to give daily reports to the Directorate General of Civil Aviation [NEW DELHI] India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s…
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IndiGo crisis shows perils of India’s corporate dominance
The domination of the country’s two airlines is a far cry from a decade ago, when more than nine players shared the market [DELHI] Flight chaos triggered by India’s biggest…
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India’s biggest airline IndiGo says operations ‘back to normal’
[NEW DELHI] India’s biggest airline IndiGo said on Tuesday (Dec 9) its operations had stabilised after it cancelled thousands of flights, triggering days of airport chaos – sparked by a…
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India’s regulators order IndiGo CEO to explain mass cancellations
Interruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions [NEW DELHI] Indian regulators held IndiGo’s chief executive accountable for the severe disruptions that…
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Chaos after India’s biggest airline cancels 1,200 flights
The disruption is another setback to the no-frills carrier, which has built its reputation on punctuality [NEW DELHI] Chaos gripped Indian airports on Thursday (Dec 4) after the country’s biggest…
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India’s regulator withdraws pilot rest policy after IndiGo chaos
[NEW DELHI] India’s aviation watchdog has rolled back its new policy of weekly rest for pilots, reports said on Friday (Dec 5), after chaos caused by hundreds of flight cancellations…
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India’s smartphone exports to US jump over 300 pc in October
IANS Despite tight global geopolitical conditions and the tariff standoff, India’s smartphone exports to the US surged over three-fold year-on-year (YoY) to $1.47 billion in October, government data showed. In…
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Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22% [MUMBAI] Amazon is preparing to offer loans to small businesses in India, while Walmart-owned…
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India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom
Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity [BENGALURU] India’s Adani Group plans to invest up to US$5 billion in Alphabet-owned Google’s…
