'AirAsia growing payments business as part of digital push'

Mar 15 2018

“We are going to cut exchange rates. We will also disrupt the remittance market. And finally we will get into the money lending business,” he said.

AirAsia India to fly Delhi-Imphal sector from April

Mar 13 2018

Budget passenger carrier AirAsia India announced induction of its 17th aircraft and introduction of new routes connecting New Delhi and Imphal.

Indian airlines to add new jets in booming aviation market

Mar 08 2018

Indian airlines Jet Airways, SpiceJet and AirAsia India are planning to add new jets to their fleet as they look to expand in the world’s fastest-growing aviation market.

AirAsia India to expand domestically before int'l operations: CEO

Mar 08 2018

We will first commence flight ops to new domestic destinations and increase frequencies. In all we are looking at starting flights to 4-5 new cities in this year."

AirAsia India to begin overseas operations by Jan 2019: MD & CEO

Mar 04 2018

According to Abrol, the airliner has planned to commence overseas operation by Jan 2019 once it has 20 or more planes.

AirAsia to sell portfolio of Airbus jets in leasing business exit

Mar 01 2018

AirAsia is selling plane leasing operations to firms managed by BBAM, in a staggered deal that will see the budget carrier transfer ownership of up to 182 Airbus jets.

Malaysia's AirAsia sells aircraft portfolio for $1.2 billion

Mar 01 2018

AirAsia Bhd, Malaysia’s flagship budget airline, said it has agreed to sell its aircraft leasing operations for $1.2 billion to firms managed by BBAM Limited Partnership.

AirAsia India rakes in Rs 13.2 cr quarterly profit

Feb 27 2018

AirAsia India has posted a net profit of Rs 13.24 crore for the three months ended December 2017 and plans to start international operations this year.

AirAsia plane makes emergency landing in Japan's Okinawa

Feb 26 2018

An AirAsia flight made an emergency landing in Japan's Okinawa prefecture due to problems in the engine, the Transport Ministry said here.

AirAsia reintroduces Chennai-Bengaluru flights

Feb 24 2018

Budget carrier AirAsia has resumed its service in the Chennai-Bengaluru sector more than two years after it suspended operations in this route.

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To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


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Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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