Inflation in the United States rose in July to 3.2 percent after 12 straight months of decline, boosted by costlier housing. Bringing you updates from India, Air India Chairperson N Chandrasekaran unveiled a new logo, branding and plane livery for Air India as part of its multi-million dollar transformation of the former state-run carrier. California-based company Freshworks booked 2,200 tickets for Rajinikanth's 'Jailer'. CEO Girish Matrubhootam shared a tweet in which he said, "2,200 tickets 7 screens Freshworks employees only". To get ahead of what is happening across the globe, watch this edition of Newspresso with Nandita Khemka only on Moneycontrol.
IndiGo will be locked in a steady battle with the Air India group and will have to differentiate itself beyond its already-proven on-time, hassle-free experience model.
While IndiGo is focused on the domestic market, with gradual expansion internationally, Air India’s order of different types and sizes of aircraft tell of its vision to expand into a full service, worldwide operating carrier, and LCC for the domestic and international markets.
It is understood that the plan is to achieve consolidation of AirAsia India into Air India Express over a one-year period, while also targeting to bring all of the group's airlines businesses under the Air India umbrella by 2024.
The action comes within hours of the government informing Parliament that the DGCA conducted an audit and found all of the airline’s operating aircraft to be safe.
Two US-based funds are expected to join Ajay Singh's effort. Singh will likely raise $300 million by offloading his stake in SpiceJet’s cargo unit
There has been delay in payment of salaries to Air India employees as per published reports just like another PSU BSNL
Air India is blaming a glitch in global aviation IT firm, SITA's, central server as the root of the problem.
Air India will soon introduce 'Maharaja' business class seats, various cuisines and new uniforms for the crew.
The statement comes following one after another potential bidder opting out of the Air India sale process after the government coming out with the terms of the offer in the information memorandum.
Here are all the developments making headlines today.