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IndiGo co-founder says won't sell stake in airlines amid feud with partner

India, July 16 -- Rakesh Gangwal, the co-founder of IndiGo, said he won't sell his shareholding in India's largest airline and will maintain his stake amid a feud with his partner Rahul Bhatia. "I am... Read More


Coal billionaire woos Amazon and Google with Indian data hubs

India, July 12 -- A string of successful bets on ports, mining and commodities helped transform Gautam Adani from a nondescript diamond trader into a tycoon with a net worth of almost $10 billion. No... Read More


Coal billionaire Gautam Adani woos Amazon and Google with Indian data hubs

India, July 12 -- A string of successful bets on ports, mining and commodities helped transform Gautam Adani from a nondescript diamond trader into a tycoon with a net worth of almost $10 billion. No... Read More


IndiGo shares drop by 19% as billionaire founders intensify feud

India, July 10 -- A feud atop Asia's biggest budget airline by market value deepened after one of its co-founders accused the other of dubious governance practices, roiling the company's shares and ra... Read More


Boeing 737 MAX likely to be grounded for months, association says

India, May 29 -- The worldwide grounding of Boeing Co.'s 737 Max is taking its toll on airlines and it will be months before the plane returns to service, the head of the International Air Transport A... Read More


IndiGo plans budget business class seats to lure Europe-Asia fliers

India, May 15 -- Low-cost airlines, the pioneers of brief discomfort at bargain prices, have struggled to master long-haul flights. Now one of the world's most successful budget carriers is considerin... Read More


Jet Airways waits for buyer as rivals muscle in on territory

India, April 23 -- A revival of Jet Airways India Ltd., once the nation's biggest carrier by market value, is at risk as days roll by since its operations were completely halted. While the cash-strap... Read More