Seven new international players will enter the Indian aviation market in the ongoing winter schedule which is valid for a period of six months from October 27 till March 30, as per government data.

European planemaker Airbus has lowered its aircraft delivery forecast for the current year to 860 planes from the earlier prediction of 880-890.

Reliance Jio has shot off a strongly-worded letter to Cellular Operators Association of India (COAI), blasting the telecom lobby for writing a letter to the government regarding an "alleged unprecedented" crisis in the sector and acting in the sole interests of Bharti Airtel and Vodafone-Idea. Here are the top five highlights of the letter:

Germany's largest lender had flagged it would lose money this year when it announced in July it would axe vast swathes of its trading desks, cutting 18,000 jobs and costing 7.4 billion euros.