AIR INDIA FINANCIAL PERFORMANCE

Air India shortlists former Singapore Airlines executive Balagopal Kunduvara for CFO role

Air India has shortlisted former Singapore Airlines executive Balagopal Kunduvara for the CFO role as the airline steps up efforts to cut costs and improve financial performance. Kunduvara, who recently left his position as finance chief at Garuda Indonesia, has over two decades of experience at Singapore Airlines. The carrier reported losses of more than Rs 22,000 crore in the last financial year.

Dancing With The Stars week 9: Grammy Night songs, dance-offs, live performances; check when and where to watch

For the very first time, Dancing With The Stars will celebrate Grammy Night in a special episode dedicated to Grammy-winning and nominated artists. Contestants will showcase their skills dancing to iconic tracks while vying for additional points in thrilling dance-offs. Viewers can look forward to live performances by musical acts such as Brandy, Monica, and Maren Morris.

Can closing windows keep wildfire smoke out? How much smoke still gets in and do air purifiers work?

Closing windows can reduce how much smoke from wildfires gets indoors, but some can still seep in. A 2026 NIST experiment found that a portable air cleaner’s performance depended partly on how air moved between rooms.

India’s product landscape is changing: Which products are setting the benchmark across technology, finance, and consumer markets?

The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.

Air India considers departed Garuda CFO for top finance position

Most recently, Kunduvara was finance chief for Garuda Indonesia, a position he recently left after holding the job for little more than a year. Prior to that, he spent more than two decades at Singapore Airlines, which is a partial owner of Air India alongside conglomerate Tata Group.

Delhi pollution on Diwali rockets to worst in 5 years, doctors sound the alarm over rising illness

How to protect yourself from rising air pollution and smog: 6 practical tips and guide to choosing the right air purifier

Rising air pollution and smog affect daily life in India, particularly during winter months. Taking precautions such as wearing masks can help mitigate exposure to polluted air. Keeping windows and doors closed is essential during times of severe pollution. Regular home cleaning and avoiding indoor burning can improve indoor air quality effectively. Choosing the right air purifier involves considering room size, filter costs, and energy consumption.

Air quality deteriorates in north India post-Diwali; Delhi records highest AQI since 2021

A significant increase in air pollution was observed across north India following the recent Diwali celebrations. The Air Quality Index (AQI) levels in Delhi, Haryana, Punjab, and western Uttar Pradesh surpassed 350, indicating poor air quality. Many cities reported severe pollution, with readings at 439 recorded at Delhi Technological University. Residents experienced health issues such as breathing difficulties and eye irritation after the celebrations.

Scott Laux suspension update: Who is his wife Lisa Laux as photos with Danielle Cribb on Blue Angels' website spark curiosity?

Major Scott Laux, previously part of the Blue Angels, was removed for undisclosed misconduct and missed a recent air show. His biography and photo were removed from the official team website following his dismissal. Marine Capt. Danielle Cribb, who had an association with Laux, also had her profile taken down. Scott Laux is married to Lisa Laux, a former Navy submarine officer.

India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital

India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.

Tenneco India explores diversifying beyond auto sector, eyes M&A

Tenneco Clean Air India is exploring acquisitions to diversify beyond the automotive sector, with potential targets in railways, aerospace and defence. CEO Arvind Chandra said the debt-free company has the cash to fund sizeable deals and is seeking businesses with strong technology, margins and an India growth opportunity.

Congress slams Modi govt for being in 'denial' on impact of air pollution on mortality

Congress general secretary Jairam Ramesh condemned the Modi government for denying air pollution's significant mortality impact. He referred to a FICCI-EY report indicating around 2 million death cases linked to pollution in 2023. The report urges reforms like tightening PM2.5 and ozone standards to WHO levels for better public health. Ramesh emphasized the need for revamping the National Clean Air Programme to address these alarming issues.

Chennai Open women's singles final postponed due to severe smog and heavy rainfall

The WTA 50 Chennai Open women's singles final was postponed due to heavy smog and rainfall in Chennai. The air quality index reached an alarming level of 1,500, impacting the match schedule. Initially, the final was set for Sunday between Janice Tjen from Indonesia and Magda Linette from Poland. Despite concerns about pollution, the WTA had intended to proceed with the match.

Blue Angels fly with five jets after Scott Laux's removal: What happened to No. 6 pilot ahead of final Pensacola air show and why Navy hasn't revealed reason?

Marine Corps Maj. Scott Laux was removed from the Blue Angels' flight demonstration team for unspecified reasons. The Chief of Naval Air Training stated he failed to meet the expected standards. His removal occurred just before the team's annual homecoming air show at Naval Air Station Pensacola. Laux's position as the No. 6 opposing solo pilot will remain vacant for the remainder of the season.

Mumbai woman earns Rs 9.6 lakh by sleeping for 60 days; How Jiniya Chatterjee won a sleep internship

Jiniya Chatterjee, hailing from Mumbai, clinched a remarkable Rs 9.6 lakh prize in the fifth Sleep Internship hosted by Wakefit. With a staggering 2 lakh contenders vying for the title, only 10 participants made it to the finale. They meticulously logged their sleep patterns and tackled innovative weekly tasks. Final challenges included reimagining bedroom layouts and auctioning key sleep products, reinforcing the significance of restful sleep for overall well-being.

US Navy Blue Angels fires pilot, team flies five instead of six jets during homecoming show: Who is Scott Laux and why was he removed?

Marine Corps Major Scott Laux has been taken off the Navy's Blue Angels squadron. He had been serving as the number 6 opposing solo since September 2024. His removal means he will miss the rest of the season's performances, although the Blue Angels plan to proceed with their shows, wrapping up on November 7.

CBI books Kishore Biyani and FRL in ₹904 crore SBI fraud case

The CBI has registered a case against Future Retail Ltd and its promoters. This is due to the alleged defrauding of State Bank of India amounting to ₹904.32 crore. The FIR was filed following a complaint from SBI on October 9, and a forensic audit was conducted. Multiple premises linked to the promoters were searched, leading to the seizure of documents.

Voltas names Noel Tata chairman emeritus; Q2 profit rises 53.5%

Voltas has announced the appointment of Sunil Alaric D’Souza as the new chairman. Noel Tata will step down as chairman on November 11, 2023. The company also designated Jayant Balan as managing director starting from May 25, 2027. Voltas recently reported significant financial growth with a 53.5% increase in quarterly profits. The leadership changes coincide with improved demand for the company's air conditioning products.

Chalet Hotels reports total income from core operations of Rs 511 crore, PAT up 40% to Rs 216 crore

Chalet Hotels reported a 39.7% year-on-year rise in Q2 FY27 net profit to Rs 216.2 crore, despite a 31.7% decline in revenue to Rs 501.9 crore. Excluding income from a residential project recognised last year, revenue grew 11% to Rs 511 crore, while core EBITDA rose 13%, with margins improving.

Saregama India Q2 net profit jumps over 46% to Rs 64.2 cr, revenue grows 36.6%

Saregama India has reported an impressive 46.4 percent rise in its consolidated net profit for the September quarter. Alongside this, the company’s operational revenue saw a 36.63 percent increase, with the music segment generating Rs 251.3 crore and live events thriving remarkably. The total income for the first half of FY27 reached Rs 587.28 crore, showcasing solid financial results.

Delhi air turns hazardous; AQI touches 605, GRAP-II vehicle curb enforced at Gurgaon border

Delhi AQI: Among the worst-affected locations, Punjabi Bagh recorded an AQI of 452, followed by Dhaula Kuan at 417, ITO at 418, RK Puram at 423 and Ghazipur at 410. The air quality around India Gate stood at 414, with all these locations falling in the severe category.

Air India CEO targets lower costs, higher passenger yields to steer airline towards profitability

Air India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financial turnaround. The plan includes bringing unit costs in line with industry levels, restructuring its Delhi network, expanding international flights from Mumbai and exploring Bengaluru as a third hub.

Air India CEO eyes wide-body aircraft order expansion, says profitability remains a concern

Air India CEO Tewolde Gebremariam emphasized the airline's commitment to enhancing financial performance and expanding its aircraft orders. The airline seeks to capitalize on significant growth opportunities in the aviation sector amidst current industry challenges. Gebremariam expressed the need for India to make timely decisions for its potential as a global aviation hub. Air India also aims to rethink its hubs and network structure to adapt to changing conditions.