In a significant development for the automotive industry, Tata Motors, India's largest automobile company, has inked a Memorandum of Understanding (MoU) with the government of Tamil Nadu to explore the establishment of a state-of-the-art vehicle manufacturing facility in the region.

In a significant development, the Union government has given the green light to transfer ownership of the iconic Air India building in Mumbai to the Maharashtra state government. This transfer, valued at Rs. 1,601 crore, also includes the waiver of outstanding dues amounting to approximately Rs. 300 crore, paving the way for a landmark transaction.

SpiceJet, one of India's leading airlines, has taken decisive steps to bolster its operational capacity with the finalization of a lease agreement for 10 additional aircraft. This move, announced by the airline on Thursday, aims to cater to the escalating demand for air travel, especially during peak seasons, ensuring seamless connectivity and enhanced services for passengers.