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Akasa Air has enough capital to induct 72 aircraft thanks to Rakesh Jhunjhunwala’s visionary role, says CEO

Akasa Air is well-capitalised to induct 72 aircraft over the next five years thanks to the visionar…

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Life and times of Rakesh Jhunjhunwala — the man behind the trader

“When I became a billionaire in 2008, my father wasn’t interested in my net worth but in how much I…

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Rakesh Jhunjhunwala-backed airline 'Akasa Air' to arrive soon; reveals aircraft picture

Akasa Air got the no-objection certificate from the civil aviation ministry in October to start com…

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It’s not just COVID-19 ⁠— SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …

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Ready to take off – Rakesh Jhunjhunwala's Akasa Air receives its first Boeing aircraft

Rakesh Jhunjhunwala’s Akasa Air on Thursday announced that it has received the delivery of its firs…

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Rakesh Jhunjhunwala-backed Akasa Air to start operations this month

India's new airline, Akasa Air, on Thursday got its Air Operator Certificate (AOC) from the Directo…

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Rakesh Jhunjhunwala-backed Akasa Air to fly from summer 2022

Industry veterans Aditya Ghosh, former President at Indigo will be a co-founder of Akasa Air…

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Akasa Air suffers data breach, asks passengers to be conscious of phishing attempts

The airline on Sunday apologised for the data breach and said the incident has been "self-report…

PTI   


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Rakesh Jhunjhunwala left a will to bequeath ₹50,000 cr fortune to wife, children: sources

A part of his fortune will thus definitely go towards his favorite charities. His assets - dir…

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Akasa Air takes to the skies, flagged off by Civil aviation minister

Civil Aviation Minister Jyotiraditya Scindia will on Sunday inaugurate Akasa Air's first commercial…

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Here are the 5 richest families in India — who together hold a fortune of ₹9,22,600 crore

The top ten richest families in India have a combined wealth of a massive ₹9,22,600 crore. And, the…

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Indigo might have to wait another six months before it gets back to profitability

India’s biggest airline, InterGlobe Aviation aka Indigo, could have had a good April-June quarter a…

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Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead

Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…

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A new, ultra-low-cost Indian airline just placed a $9 billion order with Boeing, and analysts say it could lift up the country's entire aviation segment

Unlike airlines that ground their fleets in capital Delhi or financial hub Mumbai, Akasa's fleet st…

Vasudevan Sridharan   


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Not Airlines, but a very different set of people are making the most of low fuel prices, surge in passenger traffic in the aviation sector

While the fuel prices have dropped by nearly 40% since 2014, as per estimated by the International …

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Healthcare, consumer goods minted the most Indian dollar billionaires

The healthcare sector minted the most number of Indian dollar billionaires in the last one year, ac…

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Conversational engagement platform Gupshup acquires OneDirect

"OneDirect, with their proven leadership in helping leading brands transform omni-channel customer …

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SpiceJet hiked its ticket prices; Indigo and others might follow suit

The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…

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Sensex hits 45,000 and Nifty scales fresh high as RBI revises growth outlook — these are the top movers in trade

Indian equity benchmark indexes have hit a fresh on Friday, after the Reserve Bank of India revised…

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These 119 Indian billionaires are worth over $300 billion right now, according to Forbes

Even as the COVID-19 pandemic wiped out the personal savings of hundreds of people and wrecked …