News for Interups, Inc. (ITUP)

Lenders, however, claim that the forensic audit is based on concerns about diversion of funds and irregularities in the operations of the company, said people in the know of the matter. The Hyderabad-based engineering, procurement and construction company has denied these claims.

Lenders, however, claim that the forensic audit is based on concerns about diversion of funds and irregularities in the operations of the company, said people in the know of the matter. The Hyderabad-based engineering, procurement and construction company has denied these claims.

In talks with Irish aircraft lessor Elix Aviation for equity stake

The Mumbai-listed company says it is exploring funding options to manage the tight liquidity situation

Dispute between the company and airline escalates

Regional carrier to continue Chennai-Kadapa-Vijayawada and Vijayawada-Kadapa-Chennai routes for one more year

Government has decided to sell its 63.75% stake in SCI to a private strategic buyer

Prasad was in the running for Air India with his Interups fund. Now, he is banking on Trujet to give wing to his aviation ambitions in India. The plan includes expanding Trujet’s fleet to over 100 aircraft from just 7 now. The Hyderabad-based airline has been operating at the fringes of the Indian aviation industry, and had a market share of 0.6 percent as of February 2021 down from 0.7 percent a year earlier.

‘Hyderabad-based regional airline Trujet on Thursday announced 49% foreign direct investment from New York-based Interups Inc in a move that would aid in the expansion of its operations.“The funds rai