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Air India up in arms over IndiGo's Turkey ties

Financial Express Lucknow

|

May 17, 2025

AIR INDIA HAS lobbied Indian officials to halt rival IndiGo's leasing tie-up with Turkish Airlines, citing business impact as well as security concerns sparked by Turkey's support for Pakistan during the latest conflict with India, according to a source and a document seen by Reuters.

- ADITYA KALRA & ABHIJITH GANAPAVARAM

Amid growing public anger in India against Turkey's stance on Pakistan, the government on Thursday revoked security clearance of Turkish ground handling service firm, Celebi, citing national security. Since 2023, In

FLERE HISTORIER FRA Financial Express Lucknow

Financial Express Lucknow

Balaji Wafers sells ₹2,500-cr stake

General Atlantic takes 7% in firm

time to read

1 min

January 23, 2026

Financial Express Lucknow

How the new GDP series could alter growth figures

DATA FACTORS

time to read

3 mins

January 23, 2026

Financial Express Lucknow

RBI conducts $2-billion-plus foreign exchange swaps to blunt intervention hit

THE RESERVE BANK of India has conducted more than $2 billion in foreign exchange (Fx) swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness.

time to read

1 min

January 23, 2026

Financial Express Lucknow

Driving in the slow lane

IF TESLA WERE TO MAKE THE MOST OF ITS IMMENSE BRAND POWER IT HAS TO WORK ON NETWORK EXPANSION IN THE COUNTRY AND LOCAL ASSEMBLY TO REDUCE PRICES

time to read

3 mins

January 23, 2026

Financial Express Lucknow

Vi hikes family postpaid tariffs

Hikes of 7-9% likely; focus on higher-end plans

time to read

2 mins

January 23, 2026

Financial Express Lucknow

Rupee breaks six-day losing streak, rises 7p to 91.63

THE RUPEE BROKE its six-day declining streak by staging a mild recovery on Thursday, sup- ported by an improvement in risk appetite after US President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The currency gained 7 paise to close at 91.63.

time to read

1 min

January 23, 2026

Financial Express Lucknow

PhonePe IPO: Walmart to sell ₹9,173-cr stake

Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.

time to read

1 mins

January 23, 2026

Financial Express Lucknow

From $4 trn to a jobs economy

NEXT PHASE OF INDIA'S DEVELOPMENT MUST BE CITIZEN-FIRST, WITH EMPLOYMENT AT ITS CORE

time to read

4 mins

January 23, 2026

Financial Express Lucknow

Air India loss in FY26 may cross ₹15K cr

FROM THE FRONT PAGE

time to read

1 min

January 23, 2026

Financial Express Lucknow

Air India loss in FY26 may cross ₹15,000 cr

AIR INDIA IS set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress towards a turn around, according to people familiar with the matter.

time to read

1 min

January 23, 2026

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