Transportation
Infrastructure
Go First bidder raises offer after nudge from bankers
One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......
Infrastructure
IndiGo co-founder Gangwal sells stake worth $820 mn
Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe ......
Infrastructure
SpiceJet's Ajay Singh submits bid for GoFirst
Indian budget carrier SpiceJet's managing director, Ajay Singh, and Busy Bee Airways have jointly submitted their ......
Infrastructure
Delhivery posts first-ever profit on back of festive season demand
Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand......
Infrastructure
Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low
Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......
Infrastructure
Go First's lenders set Jan 31 deadline for investor bids
Lenders to India's Go First have set Jan. 31 as the deadline for financial bids to acquire the airline, two ......
Infrastructure
Competition Commission of India probes DHL, FedEx, UPS for alleged price collusion
India's antitrust body is investigating domestic units of global delivery companies, such as Germany's DHL, U.S......
Infrastructure
Electric ride hailing service BluSmart raises $24 mn in fresh funding
Electric mobility startup BluSmart has raised $24 million (Rs 200 crore) in a fresh funding round, which saw ......
Infrastructure
SpiceJet to submit bid for bankrupt Go First
Budget carrier SpiceJet said on Tuesday it will submit an offer with the resolution professional of Go First after due ......
Infrastructure
Uber-backed Everest Fleet raises fresh funding from PE firm
Fleet management company Everest Fleet has raised funding from an Indian mid-market private equity firm, less than a ......