India’s largest airline, IndiGo, has announced a fresh order for 30 Airbus A350 aircraft, building on its earlier commitment from 2023 and pushing its total wide-body aircraft orders to 60. This move is part of the carrier’s strategic shift towards deeper international penetration, with flights to 10 new global cities planned by March 2026. With more than 900 aircraft already in its delivery pipeline, IndiGo is positioning itself not only as a domestic leader but also as a major long-haul contender in the global aviation arena.

Malabar Gold & Diamonds, one of India’s largest jewellery retailers, is laying the groundwork for a public listing in the 2027–28 financial year. As part of its long-term strategic roadmap, the company is consolidating its legal entities in preparation for an initial public offering (IPO). Despite escalating gold prices, the Kerala-based brand targets a 20% revenue growth in FY 2025–26, up from Rs. 62,000 crore in the previous fiscal.

Bharat Coking Coal Ltd (BCCL), a key subsidiary of Coal India Ltd (CIL), has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This offer-for-sale, involving up to 46.57 crore shares by CIL, signifies a strategic monetization of its asset without fresh equity issuance. BCCL’s core focus on high-grade coking coal production underpins India’s steel industry, making this IPO a pivotal moment amid a bullish market environment, following recent similar filings by CIL’s subsidiary CMPDIL.

Reliance Infrastructure Ltd, a flagship company of Anil Ambani's Reliance Group, has set an ambitious goal to achieve ₹3,000 crore in defence exports by the end of the financial year 2027. This target includes an estimated ₹1,500 crore in exports for the current year. The company aims to be among the top three defence exporters in India, focusing on large-caliber ammunition and aggregates, with key markets in the European Union and Southeast Asia.

India’s mango landscape is witnessing a renaissance as traditional and nearly-forgotten varieties like Husnara, Ratol, and Totapari regain popularity among consumers and cultivators alike. This resurgence reflects changing consumer preferences seeking diverse flavors beyond the long-standing dominance of Dussehri, Chausa, and Safeda. Mango growers in Uttar Pradesh’s Malihabad region and beyond are increasingly investing in these heritage cultivars, driven by higher market prices and renewed demand.

State-owned Coal India Ltd (CIL) has appointed Mukesh Choudhary, currently Director (Marketing), as the interim Director (Business Development), effective June 1, 2025. This temporary assignment follows the retirement of Debasish Nanda, the former Director (Business Development), whose tenure ended on the same date. Choudhary’s dual role is slated for an initial term of three months or until a permanent replacement is designated. The strategic appointment reflects CIL’s emphasis on continuity in its business development operations during a transitional phase at the executive level.

Air India is undertaking an extensive fleet upgrade and refurbishment program amid ongoing global supply chain disruptions. The airline is retrofitting 13 legacy Airbus A321ceo aircraft previously slated for retirement, while the first batch of Boeing 787-8 wide-body jets will undergo retrofits starting July. With a current fleet of 191 aircraft, including 64 wide-bodies and 127 narrow-bodies, Air India aims to complete narrow-body upgrades by year-end and expects full wide-body modernization by 2027.

In a significant policy move, the Delhi government has recommended a fivefold increase in financial assistance for students enrolled at the Indian Institute of Handloom Technology (IIHT), Jodhpur. The proposal aims to raise the monthly stipend from Rs 400 to Rs 2,000 for trainees across three academic years, alongside boosting the educational book and tour allowance from Rs 1,000 to Rs 5,000 annually for second- and third-year students.

Maruti Suzuki India registered a 3% year-on-year increase in total sales in May 2025, reaching 1,80,077 units, driven predominantly by a significant rise in exports. Despite this overall growth, domestic passenger vehicle sales declined by 6%, highlighting a nuanced demand landscape. Mini and compact segment sales slipped notably, while utility vehicles and commercial vans showed resilience. Export volumes nearly doubled, underscoring Maruti Suzuki’s expanding global footprint.

Punjab witnessed a remarkable 25.31% year-on-year surge in net Goods and Services Tax (GST) collections for May 2025, reaching Rs. 2,006.31 crore—the highest-ever recorded for the month. This fiscal milestone reflects effective tax administration, improved compliance, and a resilient economic climate fostered by the state government. Finance Minister Harpal Singh Cheema attributed this growth to stringent enforcement, curtailment of tax evasion, and strategic reforms.