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India approves Singapore Airlines’ FDI for merger of Vistara with Air India

India approves Singapore Airlines’ FDI for merger of Vistara with Air India

Singapore Airlines has received approval from the Government of India for foreign direct investment (FDI) in Vistara , paying the way for its joint venture with Tata Group, into Air India, the airline said in

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Brazil’s Gol Airlines Granted Court Approval for USD350 Million Bankruptcy Loan

Brazil’s Gol Airlines Granted Court Approval for USD350 Million Bankruptcy Loan

A U.S. bankruptcy judge has approved Brazilian airline Gol's request to borrow the first USD350 million of its proposed USD950 million bankruptcy financing. The approval is crucial for Gol to maintain normal operations. While expressing

Aviation
26 Aircraft Leasing Companies Register at Gift City in the last three years

26 Aircraft Leasing Companies Register at Gift City in the last three years

Over the last three years, IFSC Gift City has witnessed registrations of 26 aircraft leasing companies, overseeing more than 129 transactions, according to insiders. Following the International Financial Services Centre Authority's (IFSCA) framework release for

Aviation
AIX Connect Receives Regulatory Approval To fly Under the Brand Name ‘Air India Express’

AIX Connect Receives Regulatory Approval To fly Under the Brand Name ‘Air India Express’

AIX Connect, operating as AirAsia India, and a subsidiary of Air India, announced a major milestone in its ongoing integration process with Air India Express. The airline has now received regulatory approvals to operate its

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Bharat Biotech’s Covaxin gets WHO approval

Bharat Biotech’s Covaxin gets WHO approval

The World Health Organization on November 3 granted Covaxin an emergency use listing, or EUL, which means the 'made-in-India' vaccine will finally be recognised by other countries and Indians who received the shot need not

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