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Qatar Airways to buy 25% stake in South African carrier Airlink

Infrastructure

21 August, 2024

Qatar Airways to buy 25% stake in South African carrier Airlink

Qatar Airways will take a 25% stake in South Africa-based regional carrier Airlink as both airlines seek to boost services ......

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PE-backed Everest Fleet raising Series C funding, taps new investor

Infrastructure

05 August, 2024

PE-backed Everest Fleet raising Series C funding, taps new investor

Mumbai-based fleet management company Everest Fleet Pvt Ltd is raising Series C funding and bringing on board a marquee offshore investor, ......

Go First's lenders vote for liquidating airline

Infrastructure

05 August, 2024

Go First's lenders vote for liquidating airline

Lenders to India's Go First have decided to liquidate the company's assets after rejecting bids by interested suitors to revive ......

ResponsAbility, MS Dhoni lead pre-Series B funding of EV ride hailing co BluSmart

Infrastructure

15 July, 2024

ResponsAbility, MS Dhoni lead pre-Series B funding of EV ride hailing co BluSmart

Homegrown electric vehicle (EV) ride-hailing company BluSmart Mobility Monday said it has completed a pre-Series B round raising $24 million ......

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Infrastructure

10 July, 2024

Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air

Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ahead ......

Oman's Asyad plans shipping unit's IPO, hires advisers

Infrastructure

05 July, 2024

Oman's Asyad plans shipping unit's IPO, hires advisers

Oman's state-owned logistics firm Asyad Group is planning an initial public offering (IPO) of its subsidiary Asyad Shipping Co by ......

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Ethos PE-controlled logistics major RTT sells non-core business

Infrastructure

27 June, 2024

Ethos PE-controlled logistics major RTT sells non-core business

South African transportation and logistics services company RTT Group, controlled by a private equity consortium led by Ethos Private Equity, ......

IndiGo's biggest shareholder to offload 2% stake in airline

Infrastructure

11 June, 2024

IndiGo's biggest shareholder to offload 2% stake in airline

IndiGo airline's biggest shareholder will sell a 2% stake worth $394 million in the low-cost Indian carrier on Tuesday, per ......

NCLT clears merger of Vistara with Air India

Infrastructure

07 June, 2024

NCLT clears merger of Vistara with Air India

Indian company tribunal approved the merger of full-service carriers Vistara with larger rival Air India on Thursday, according to an ......

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Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

Infrastructure

29 May, 2024

Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

GreenCell Express Pvt. Ltd, a wholly owned subsidiary of Eversource Capital-managed GreenCell Mobility Pvt. Ltd, likely ended the financial year ......