Indian carrier Akasa Air nearing deal for 150 Boeing Jets

DGCA Reviews Safety and Delays at Air India, Express

The Directorate General of Civil Aviation (DGCA) conducted a detailed review meeting on 17 June 2025 with the senior management of Air India Limited and Air India Express. The move came in response to a series of flight delays and passenger complaints, with the regulator focusing on improving safety, operational performance, and customer service.Together, the two airlines operate more than 1,000 daily flights across India and abroad. The DGCA highlighted that several of the delays were maintenance-related and called for improved coordination between engineering, operations, and ground handling..

Nitish Kumar Inaugurates Key NH-22 Road in Bihar

Bihar Chief Minister Nitish Kumar on Monday inaugurated the Bhupatipur–Punpun section of the Mithapur–Mahuli–Punpun corridor, part of National Highway 22. The new road link, constructed by infrastructure major Afcons Infrastructure Ltd, drastically reduces travel time from nearly one hour to just ten minutes, benefiting hundreds of thousands of daily commuters in the region.The completed section comprises a 5-kilometre elevated four-lane corridor, 10 kilometres of at-grade four-lane road, and a 1-kilometre ramp, all designed to support travel speeds of up to 100 km/h, enhancing both spee..

UGRO Acquires Profectus to Boost MSME Lending and Profits

UGRO Capital Limited, a leading DataTech non-banking financial company (NBFC) focused on MSME financing, has signed an agreement to acquire 100 per cent equity in Profectus Capital Private Limited, a secured lending-focused NBFC, in an all-cash deal funded from UGRO’s recent equity raise. This strategic acquisition makes Profectus a wholly owned subsidiary and is expected to contribute approximately Rs 1.5 billion (USD 18 million) in annualised profit to UGRO, with Rs 1.15 billion in cost savings, thereby enhancing capital adequacy and return on assets by 60–70 basis points post-merger.The..