Akasa Air, promoted by billionaire investor Rakesh Jhunjhunwala, is on its way to take to the skies with the civil aviation ministry and regulator Directorate General of Civil Aviation (DGCA) giv...

Billionaire Rakesh Jhunjhunwala's plan to launch an ultra-low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet ...

Ace investor Rakesh Jhunjhunwala is planning to enter India’s aviation sector by launching an ultra-low-cost airline. In an interview to Bloomberg Television, he said  the new airline will...