Business

Adani Airports Terminates Partnership with Celebi for Mumbai and Ahmedabad Airports

Published

1 year ago

May 16, 2025

Adani Airport Holdings has immediately terminated its ground handling concession agreement with Turkish firm Celebi at both Mumbai and Ahmedabad airports.

In a press release, Adani Airports stated that the decision follows the government’s revocation of Celebi’s security clearance: “We have terminated the ground handling concession agreements with Celebi at Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) and Ahmedabad’s Sardar Vallabhbhai Patel International Airport (SVPIA).”

“As a result, Celebi has been instructed to promptly hand over all ground handling facilities to ensure seamless operations,” the company added.

Furthermore, they confirmed their commitment to providing uninterrupted service to all airlines through new ground handling agencies. “All existing Celebi employees at CSMIA and SVPIA will be transferred to the new agencies under their current employment terms. Ground handling operations at our airports will continue without disruption. We remain dedicated to maintaining high service standards and promoting national interests,” spokespersons for Mumbai and Ahmedabad Airports stated.

This termination decision was made following the Union government’s revocation of the Turkish firm’s security clearance. Previously, Adani Airport Holdings also ended its agreement with Turkish company DragonPass, which had allowed access to airport lounges.

This action aligns with recent geopolitical tensions, particularly Turkey’s support for Pakistan after the Pahalgam terror attacks and India’s subsequent ‘Operation Sindoor’ aimed at addressing the situation.

“Our partnership with DragonPass, which provided lounge access, has been discontinued with immediate effect. DragonPass customers will no longer have access to lounges at Adani-managed airports. This change will not affect the lounge experience for other travelers,” the Adani Airport Holdings spokesperson remarked.

In a notification issued on Thursday, the Ministry of Civil Aviation announced that “in the exercise of power conferred upon DG, BCAS, the security clearance for Celebi Airport Services India Pvt Ltd is hereby revoked with immediate effect in the interest of National Security.”

Business

Opendoor Shuts Down India Operations, 250 Employees Affected

Published

7 days ago

June 11, 2026

Namma Kudla

Business: US-based real estate technology company Opendoor has decided to close its operations in India. The move will impact nearly 250 employees.

CEO Kaz Nejatian said the company is bringing operational roles closer to its customers in the United States. He explained that most of Opendoor’s customers are based in America.

The company said the decision is not related to the performance of its India team. Nejatian praised the employees for their hard work and contributions.

Affected workers will receive severance pay, job placement support, and other assistance. A small number of employees will stay temporarily to help with the transition.

Opendoor said it will continue focusing on simplifying operations and improving efficiency with new technology and AI.

Business

Domestic LPG Cylinder Price Increased by Rs 29

Published

2 weeks ago

June 7, 2026

Namma Kudla

New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

Business

Honda Begins Delivery of 2026 City Hybrid

Published

2 weeks ago

June 3, 2026

Namma Kudla

Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

WATCH VIDEO:

The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.