Top headlines: AI seals largest plane deal, MSCI readies verdict on Adani

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Air India seals world's largest aircraft deal at $70 bn, orders 470 planes

A year after coming into the Tata group, Air India on Tuesday said it had placed an order for 470 planes: 250 with European plane maker Airbus and 220 with American giant Boeing — the world’s largest ever single-tranche aircraft purchase.

By doing this it has eclipsed American Airlines’ 2011 order for 460 planes. Read more

Supply chains back to pre-Covid levels for consumer durable firms

Automotive and consumer durables companies, which depend on China for components, have seen supply chain constraints ease after