Fly Blade to get Airbus helicopter, plans service in 10 states in 2 years

Chennai, Sep 28 (IANS) Urban air mobility company Fly Blade India P. Ltd. is likely to get one H125 helicopter from Airbus this October/November, said a top company official. He also said the company will be launching helicopter service between Bengaluru International Airport and HAL on weekdays starting October 10 at Rs 3,250 per seat. … Read more

‘Make in India’ completes eight years, annual FDI nearly doubles to $83 bn

New Delhi, Sep 24 (IANS) Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as ‘Make in India’, the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, FDI inflows stood at $45.15 billion in 2014-2015. The year 2021-22 recorded the … Read more

Air India Express incurs loss first time in seven years due to Covid

New Delhi, Sep 21 (IANS) Amid the losses that the aviation sector incurred during the Covid pandemic, Air India Express, India’s first budget airline on regional international routes, reported a net loss – for the first time in seven years – of Rs 72.33 crore in FY2022, against a net profit of Rs 98.21 crore … Read more

After 12 years, TINA mindset for global equities is shaken

New Delhi, Sep 19 (IANS) Tighter policy rates are now scrambling the mindset that ‘There Is No Alternative’ (TINA) to equities, Morgan Stanley (NYSE:) said in a report. Meanwhile, for much of the last 12 years, it was common to hear some variation of ‘TINA’, the idea that one needed to be long stocks and … Read more