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Transportation

LetsTransport gets $25 mn cheque from existing investor, others

Infrastructure

14 July, 2023

LetsTransport gets $25 mn cheque from existing investor, others

Logistics marketplace LetsTransport on Friday said that it has raised $25 million (around Rs 205 crore) led by its existing ......

Swiggy enters retail distribution market with Lynk acquisition

Consumer

13 July, 2023

Swiggy enters retail distribution market with Lynk acquisition

Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......

Air India's planned merger with Vistara raises antitrust concerns

Infrastructure

28 June, 2023

Air India's planned merger with Vistara raises antitrust concerns

India's antitrust body is scrutinising Air India's planned merger with Vistara and has asked the company why it should not ......

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Infrastructure

26 June, 2023

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......

Minda Corp moves competition watchdog for buying stake in rival

Infrastructure

02 May, 2023

Minda Corp moves competition watchdog for buying stake in rival

Manufacturer of auto parts Minda Corporation will file an application before the Competitive Commission of India (CCI) to increase its ......

B2B export platform BlueRickshaw raises angel funding

Infrastructure

03 December, 2021

B2B export platform BlueRickshaw raises angel funding

BlueRickshaw, a business-to-business (B2B) export platform operated by Blue Rickshaw Pvt Ltd, has raised $300,000 in angel funding by US-based ......

Jet Airways lenders approve bid by Kalrock Capital consortium

Infrastructure

17 October, 2020

Jet Airways lenders approve bid by Kalrock Capital consortium

Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half ......

Govt calls for bids to sell entire stake in Air India

Infrastructure

27 January, 2020

Govt calls for bids to sell entire stake in Air India

India said on Monday it plans to sell its entire stake in Air India, in a revised push to sell ......

Govt to examine if foreign airlines can fully own India carriers via investment partners

Infrastructure

17 March, 2017

Govt to examine if foreign airlines can fully own India carriers via investment partners

India's civil aviation secretary said on Friday it was not possible for a foreign airline to fully own an Indian ......

Qatar Airways may partner sovereign fund QIA to float Indian domestic carrier

Infrastructure

09 March, 2017

Qatar Airways may partner sovereign fund QIA to float Indian domestic carrier

Qatar Airways will not take delivery of any Airbus A320neo aircraft this year as it looks to change its order ......