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IndiGo CEO backs India's stance on flying rights

Financial Express Bengaluru

|

June 03, 2025

GULF CARRIERS SUCH as Emirates, Qatar Airways, and Etihad have been pressing for an increase to expand their footprint in the high-demand India market.

However, Elbers argued that historical context must be kept in mind. "Historically, there were a massive number of flights into India using the flying rights, but Indian operators were not using theirs, and this should be taken into consideration," he said. "For the government to first utilise the existing pool of traffic rights before moving to a new pool is a fair and balanced approach," he said.

MÁS HISTORIAS DE Financial Express Bengaluru

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Chomsky, Gates appear in new Epstein estate photos

CONGRESSIONAL DEMOCRATS RELEASED dozens of new images from the estate of the late convicted sex offender Jeffrey Epstein on Thursday, a day before the US Justice Department is required by law to release unclassified ?files from its investigation of the disgraced financier.

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Practo to seek banks for 2026 IPO

PRACTO TECHNOLOGIES, WHICH runs a digital health platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalise on India's buoyant market for first-time share sales.

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BoJ shadow over a low-cost loan window for India Inc

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time to read

2 mins

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Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Adani plans nuclear power foray

Aims to build eight 200-MW small modular reactors

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2 mins

December 20, 2025

Financial Express Bengaluru

Growing trade imbalances demand course correction

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3 mins

December 20, 2025

Financial Express Bengaluru

CCI: AI raises new competition risks

THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Piramal Finance exits Shriram Life for ₹600 cr

PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.

time to read

1 min

December 20, 2025

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