Domestic Aviation Industry May Post Rs. 360-380 bn Losses in FY27

VE Commercial Vehicles Sales Rise 34.9 per cent in October 2026

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, reported a 34.9% year-on-year increase in sales to 10,861 units in October 2026, compared with 8,050 units in the corresponding month of 2025.The total sales comprised 10,587 units of Eicher-branded trucks and buses and 274 units of Volvo-branded commercial vehicles.Eicher-branded trucks and buses recorded sales of 10,587 units, marking a 36.2% increase from 7,771 units in October 2025. Domestic sales rose 36.9% to 9,676 units, compared with 7,070 units in the previous year, reflecting strong growth in the In..

Hiranandani, Krisala Plan Rs. 21 bn Nagpur Township

Hiranandani Communities and Krisala Developers have announced a 97-acre golf course township project on the outskirts of Nagpur, with an estimated revenue potential of Rs. 21 bn. The development will be undertaken under Eleva by Hiranandani Communities, the group’s development management platform, and marks the partners’ entry into the Nagpur real estate market. Located near the Ring Road and the Samruddhi Mahamarg, the project will cover 2.1 mn sq ft and include luxury villas, townhouses and plots. The Samruddhi Mahamarg is a 700 km expressway connecting Mumbai and Nagpur, Maharashtra’s..

Adani Airports and IHCL Sign Eight-Hotel Agreement in Four Cities

Adani Airport Holdings (AAHL) has partnered with Indian Hotels Company (IHCL) to develop eight hotels with more than 2,000 rooms across Mumbai, Ahmedabad, Lucknow and Guwahati. The agreement expands AAHL’s strategy of developing airports as broader commercial hubs combining aviation, hospitality, retail and other urban services. The properties will operate under IHCL’s Taj, Vivanta, Gateway and Ginger brands. The portfolio will include three Taj hotels, two Vivanta properties, one Gateway hotel and two Ginger hotels, with AAHL responsible for developing the properties and IHCL managing the..