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In a move drawing immediate parallels to the birth of Amazon Web Services (AWS), Amazon has officially opened its massive, proprietary supply chain network to external businesses. The launch of Amazon Supply Chain Services (ASCS) marks a radical strategic shift, transitioning the company’s logistics infrastructure from a private cost center into a global, revenue-generating third-party logistics (3PL) powerhouse. For the first time, companies in sectors ranging from healthcare and automotive to manufacturing can leverage Amazon's end-to-end capabilities. This includes its fleet of over 100 cargo aircraft, 1,200 global logistics facilities, and its sophisticated last-mile delivery network. Doug Herrington, CEO of…

Indian airlines are facing rising financial strain as aviation turbine fuel (ATF) prices surge, with industry experts warning that fuel volatility is no longer a short-term shock but a structural risk. Sunil Kadam, Executive Vice President, Airlines & General Aviation, Commercial Risk Solutions, India at Aon, said escalating global oil prices, compounded by geopolitical tensions in West Asia and airspace constraints, are significantly impacting airline operations. Kadam noted that ATF remains one of the largest cost exposures for Indian carriers. Higher fuel prices, longer routing due to restricted airspace and increased fuel burn are reducing network efficiency, especially on international…

Sweden’s Mikael Lindberg clinched the 2026 Turkish Airlines Open title with a total score of 278 (-10) at the National Golf Club in Belek, Antalya, underlining the tournament’s growing global stature. Italy’s Guido Migliozzi and Daniel Rodrigues finished as runners-up. The trophy was presented by Türkiye’s Minister of Youth and Sports Dr. Osman Aşkın Bak and Turkish Airlines Chief Commercial Officer Harun Baştürk. The event drew key stakeholders including Mevlüt Çavuşoğlu, Antalya Governor Hulusi Şahin, Turkish Golf Federation President Yıldırım Demirören, Regnum Hotels owner Fikret Öztürk and DP World Tour’s Mark Casey, reflecting strong institutional backing. Officials emphasised the tournament’s…

Kotak Mahindra Bank has reported a robust financial performance for the fourth quarter of FY26, with standalone profit after tax (PAT) rising 13 per cent year-on-year to ₹4,027 crore, driven by steady loan growth, higher deposits and improved asset quality. The bank’s net interest income (NII) grew 8 per cent to ₹7,876 crore in Q4FY26, while operating profit increased 7 per cent to ₹5,855 crore. Fee and services income also rose 6 per cent year-on-year to ₹2,767 crore during the quarter. For the full financial year FY26, standalone PAT stood at ₹14,008 crore. Kotak Mahindra Bank reported a sharp decline…

Tata Motors Limited reported a 28 per cent year-on-year growth in commercial vehicle sales in April 2026, with total domestic and international sales rising to 34,833 units from 27,221 units in April 2025, reflecting strong demand across cargo, truck and passenger carrier segments. The company said domestic sales grew 27.9 per cent to 32,965 units during the month, while international business sales increased 28.2 per cent to 1,868 units. Sales of heavy commercial vehicle (HCV) trucks rose 23.4 per cent to 8,969 units, while ILMCV truck sales climbed 16.5 per cent to 5,454 units. Passenger carrier sales stood at 5,743…