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    Akasa Air Co-founder Praveen Iyer resigns
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February 11, 2026
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Akasa Air co-founder Praveen Iyer resigns and will assist leadership in a structured transition through April 30, 2026.
Akasa Air co-founder and Chief Commercial Officer Praveen Iyer has resigned after five years and will partner with the leadership team to ensure a smooth, structured transition through April 30, 2026; he is an Executive Committee member and his departure follows an earlier co-founder exit, with the airline operating 33 Boeing 737 MAX aircraft.
February 11, 2026
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IndiGo will implement the approved FDTL scheme and put rostering and monitoring arrangements in place to comply.
Following operational disruptions and time-limited FDTL exemptions, the carrier advised the regulator it will implement the approved FDTL scheme and fully comply with statutory provisions, placing operational, rostering and monitoring arrangements in effect from February 11, 2026, while the regulator imposed financial penalties, required a bank guarantee, directed management accountability measures and maintained real-time oversight during the exemption period.
February 11, 2026
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National Song protocol, publisher notice, and UAPA report requirement highlight administrative directives and investigative review.
The Home Ministry directed that all six stanzas of Vande Mataram must be sung before the National Anthem when both are performed. The Lok Sabha Speaker ordered the secretariat to amend a defective notice to remove the Speaker to prevent its rejection. Delhi Police issued a notice to a publisher for clarifications about circulation of an unpublished manuscript. The Supreme Court required the National Investigation Agency to file a sealed report justifying invocation of stringent unlawful-activities provisions in a case linked to district-level violence.
February 11, 2026
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Public Financial Management System (PFMS) upgrades mandate single platform payments, enable just in time DBT and add CRM grievance redressal.
PFMS is mandated as the single platform for government payment, accounting and reconciliation, integrating cash management modules including TSA and SNA and enabling real time tracking. SNA SPARSH and SPARSH DBT ensure just in time releases and direct crediting to beneficiaries. System enhancements to DBT include partial acceptance of claim files and advance sharing of Aadhaar data. A CRM based Grievance Redressal System provides ticketing, automated acknowledgements, status tracking and FAQs, supplemented by regular Open House sessions for user support and feedback.
February 11, 2026
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Budget proposal allocates funds for tap water expansion, solar parks, youth interest-free loans, and road upgrades.
The budget allocates Rs 6,800 crore for tap water-Rs 4,500 crore for village household connections under CM Jal Jeevan Mission and Rs 2,300 crore for urban drinking water-and Rs 2,950 crore for new solar parks in Bikaner and Jaisalmer; it also provides interest-free loans and grants up to Rs 10 lakh for 30,000 youth under the CM Self-Employment Scheme and designates Rs 1,400 crore for non-patchable roads and Rs 600 crore for missing-link roads.
February 11, 2026
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Lok Sabha proceedings disrupted by Opposition protests during Question Hour, prompting walkout, suspensions and Speaker's nonattendance.
Opposition disruptions during Question Hour led to a walkout after the Chair curtailed attempts to raise questions; thirteen questions and supplementaries were taken up. Ministers addressed renewable energy and railway land acquisition in replies. The Speaker has refrained from attending until a no-confidence motion notice against him is settled, and recent unruly behaviour resulted in multiple member suspensions for the Budget session, which also prevented the Prime Minister from responding to the Motion of Thanks on the President's address.
February 11, 2026
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India and US envoys meet in Beijing to discuss defence, energy, critical minerals and Quad cooperation.
India and US envoys met in Beijing to emphasise cooperation on defence, energy, critical minerals and Quad engagement, following an interim trade deal and marking their second meeting since December when they had met alongside the Japanese ambassador.
February 11, 2026
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Office transformation: 5.98M sq. ft. delivered, design standards boosting engagement, flexibility, wellness and sustainability.
Space Matrix reports delivery of 5.98 million sq. ft. in FY25, asserting the office as a strategic asset that transforms GCCs into innovation hubs. It emphasizes adoption rates for design interventions-50-75% unassigned seating and 95-97% certified wellness rooms-linking these to improved engagement, cognitive performance, talent strategy, and a 67% construction-waste recycling rate under its Re-source programme.
February 11, 2026
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Kochi Marathon: Ranjit Singh and Abhilasha Sanjeev won the full marathon; prizes totaling Rs. 15 lakh were distributed.
The 4th Federal Bank Kochi Marathon saw Ranjit Singh and Abhilasha Sanjeev win the men's and women's full marathon titles with times of 2:28:53 and 3:10:26 respectively; top-three finishers received cash prizes of Rs. 1,25,000, Rs. 1,00,000 and Rs. 75,000 and medals, and prizes totaling Rs. 15 lakh were distributed across multiple distance and age-group events.
February 11, 2026
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iHub-Data launches six-month AI/ML training for women engineers with internship opportunities; apply by Feb 20.
iHub-Data at IIIT Hyderabad will run a six-month intensive AI/ML training program for recent women engineering graduates, combining theory and hands-on applied learning with weekly on-campus classes. The curriculum spans classical and contemporary techniques to build industry- and research-relevant problem-solving skills. Selected graduates may receive a three-month online internship placement at iHub-Data to work on real-world projects; participation is cohort-based and subject to an application deadline.
February 11, 2026
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Lok Sabha Speaker removal notice found defective; amendment ordered to prevent rejection and motion will be listed after reconvening.
Notice to remove the Lok Sabha Speaker was found defective due to incorrect dates, and the Speaker directed the secretariat to amend the notice to prevent rejection; upon receipt of the revised notice a speedy review will be conducted and the motion will be listed after the House reconvenes. The removal notice was filed under the constitutional removal procedure, the Speaker will not sit in the chair until the motion is resolved, and the constitution grants the Speaker an opportunity to defend in the House while limiting his casting of a deciding vote in a tie.
February 11, 2026
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Uttar Pradesh Budget 2026-27 sets fiscal deficit at 3% and boosts education, health and skill programs.
Uttar Pradesh presented a Rs 9.13 lakh crore Budget for 2026-27, adopting the 16th Central Finance Commission recommendation that sets the fiscal deficit limit at three per cent through 2030-31. The Budget allocates 12.4% to education, 6% to health and 9% to agriculture, prioritises capital investment and infrastructure, and mandates mission-mode, employment-oriented skill development with expanded training centres, women-specific centres, and public private partnership arrangements for job placement.
February 11, 2026
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Jute stockholding ban proposal may disrupt procurement and risk farmer distress; balers call for stakeholder consultations.
The IJMA proposed a ban on private stockholding of raw jute to curb rising prices, while the Jute Balers' Association argues such a ban would disrupt balers' procurement, grading and storage roles, risk distress sales by farmers, concentrate control with mills, and undermine price stability and uninterrupted supply; it asks the textile ministry to hold stakeholder consultations rather than accept an immediate prohibition.
February 11, 2026
Show AI Summary
Online car insurance issuance uses verified vehicle data, mandatory e KYC, secure payment gating and instant digital policy delivery.
Real-time vehicle data validation via official registries and industry databases verifies vehicle details and prior insurance; mandatory e KYC using Aadhaar or PAN plus electronic consent are required; secure payment confirmation is a precondition to policy generation; automated consistency checks block issuance until discrepancies are corrected; and a Customer Self Service portal provides 24/7 access to issued policy documents and service functions.
February 11, 2026
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BPTP Capital City named Iconic Brand of the Year - Commercial, highlighting sustainability and institutional-grade commercial design.
BPTP Capital City was recognised as Iconic Brand of the Year - Commercial for its integrated master planning, institutional-grade infrastructure, and sustainability-focused design. The mixed-use development offers Grade-A offices and curated retail and holds IGBC and LEED Platinum certifications as well as WELL Core Platinum Certification, supported by energy-efficient systems, smart water management, green mobility features, and people-centric public spaces.
February 11, 2026
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India enter the ICC T20 World Cup 2026 as favourites with a settled squad, new captaincy and strong pre tournament form.
India enter the ICC T20 World Cup 2026 as defending champions and co hosts with Gambhir as coach and Suryakumar Yadav as T20I captain; a settled core (Abhishek Sharma, Tilak Varma, Varun Chakravarthy et al.) and strong recent series results underpin their status as favourites in Group A alongside Pakistan, the USA, Namibia and the Netherlands, with squad balance and venue conditions cited as key operational determinants of tournament prospects.
February 11, 2026
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Illicit tobacco trade: industry urges Track & Trace, enforcement support, and joint action to protect supply chains and revenue.
Philip Morris India urges a coordinated industry-government response to curb illicit tobacco by supporting enforcement, information sharing, and capacity building, advocating a Track & Trace mechanism to distinguish illegal from legal products, and providing market intelligence-via retail surveys-and training to customs and tax officials to identify contraband, while highlighting seizures and transnational smuggling techniques that underline the systemic nature of the illegal cigarette market.
February 11, 2026
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Zoho CRM deployment at Acme Brick enhances customization, integration with legacy systems, adoption, and ongoing vendor support.
Zoho implemented Zoho CRM at Acme Brick, completing a full migration and delivering custom functions, deep legacy integration, and ongoing vendor support across 40+ locations; integration with the third party business intelligence platform enabled in CRM reporting and increased user adoption, while Zoho emphasizes data privacy controls through ownership of its data centres and a privacy pledge.
February 11, 2026
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Zero License: AI agents replace low value SaaS to cut license costs and automate enterprise workflows.
Zero License positions AI agents as the primary execution layer over existing systems of record to replace low-value SaaS, reduce software license costs, cut integration overhead, and accelerate workflows by handling intake, data capture, routing, execution, and follow ups across enterprise processes.
February 11, 2026
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Xumane Recruit: an AI-powered hiring platform using structured, bias-reduced interviews, automated screening, scheduling, and real-time analytics.
Xumane Recruit is an AI-powered recruitment platform that embeds an AI-led interview engine to centralize screening, automated scheduling, structured bias-reduced interviews, scoring, and real-time analytics, enabling consistent, data-backed candidate evaluation at scale and reducing recruitment time, cost, and operational overhead.

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OTM 2026 Concludes in Mumbai, Reinforcing India's Rise as a Priority Market for Global Tourism

February 11, 2026

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Asia's leading travel trade show, organized by Fairfest Media brings together 2,200+ exhibitors from 60+ countries, spotlighting new travel demand, corporate mobility, weddings and the future of distribution MUMBAI, India, Feb. 10, 2026 /PRNewswire/ -- OTM 2026, Asia's leading travel trade show, concluded today at the Jio World Convention Centre, Mumbai, bringing together the global travel and tourism ecosystem at a moment when India has firmly emerged as one of the world's most strategically important outbound travel markets. Recognised by NielsenIQ as the Leading Travel Trade Show in India and Asia for two consecutive years, OTM 2026 hosted over 2,200 exhibitors from more than 60 countries, with 45+ National Tourism Organisations participating and over 50,000 travel trade visitors and 1,000+ top travel industry professionals participating over the three days. With strong exhibitor and visitor participation across leisure, corporate travel, MICE and weddings, OTM 2026 reaffirmed its position as one of the most internationally diverse travel trade platforms in the region, reflecting the growing scale and strategic focus global destinations are placing on the Indian market. Event Highlights • Exhibitor Showcase: Over 2,200 exhibitors from 60+ countries, representing national and state tourism boards, airlines, hotels and resorts, destination management companies, cruise operators, attractions, and travel technology providers. • Global Participation: Strong representation from Europe, Africa, Asia, the Middle East, the Americas and Oceania, including long-standing outbound markets and a growing number of emerging and experiential destinations engaging with India as a priority growth market. • High-Quality Buyer Access: More than 50,000 travel trade visitors, including 1,000+ hosted and VIP buyers, enabling focused B2B engagement across leisure, corporate travel, MICE, weddings and niche travel segments. • Structured Business Engagement: Over 50,000 pre-scheduled B2B meetings across the three days, reinforcing OTM's positioning as a platform built for measurable business outcomes. • Destination & Airline Announcements: Multiple tourism boards and airlines used OTM 2026 to sharpen their India strategy and spotlight new developments, including Thailand's destination push, Air India and Air India Express' product updates, and Morocco's India-facing tourism momentum. • Leadership & Knowledge Exchange: The OTM Forum brought together senior leaders from destinations, airlines, travel platforms, corporate travel, MICE, weddings and technology, examining outbound travel growth, destination competitiveness, corporate travel evolution, distribution, marketing, technology and the changing expectations of the Indian traveller. • Inaugural Programme & Media Briefing: Day 1 opened with the Inaugural Programme & Media Briefing titled 'India takes its Place on the Global Travel Stage', featuring addresses by H.E. Dato Sri Abdul Karim Rahman Hamzah, Minister for Tourism, Creative Industry and Performing Arts, Sarawak; Datuk Manoharan Periasamy, Chairman, Tourism Malaysia; and Hon. Prof. Ruwan Ranasinghe, Deputy Minister of Tourism, Sri Lanka, moderated by Tanya Khanijow. • Corporate Travel & Buyer Insight: Day 2 featured a strong focus on India's corporate travel momentum through 'Building India's Corporate Travel Ecosystem: A $20B Journey' and a buyer-led session, 'What India's Top Corporate Travel Buyers Expect from the Industry Today', bringing together senior stakeholders from Reliance Industries, Aditya Birla Group, Deloitte, Tata Consultancy Services and Godrej Industries Group. • Travel Trade & Distribution: Day 3 spotlighted the renewed relevance of intermediaries through 'The New Power of the Intermediary' and 'Inside India's Travel Trade: What's Changed, What's Working, What's Next', featuring leaders from TripJack, TravClan, Rezlive, Riya Tours and Travels, Classic Holidays, Akbar Online Booking Company, Travesla, Rail Europe and MakeMyTrip. • Weddings & Destination Celebrations: WeddingSutra Engage brought luxury wedding and wedding-travel leaders into the programme, spotlighting how destination weddings are shaping hospitality demand, guest experiences and travel-led celebrations. Destinations worldwide recalibrate long-term strategies around India OTM 2026 saw strong official participation from destinations across Europe, Africa, Asia, the Middle East, the Americas and Oceania, with nearly 50 global tourism boards officially participating at OTM. Alongside long-standing outbound markets, several destinations that were once considered niche or aspirational for Indian travellers continued to deepen their engagement with India as their next major growth market, with many participating exclusively at OTM 2026 as their primary interface with the Indian travel trade. Announcements and showcases OTM 2026 also served as a launchpad for multiple India-focused announcements across destinations, airlines and experiential travel segments. Thailand Tourism Authority outlined its target of 2.55 million Indian visitors and THB 93 billion in tourism revenue for the year, launching its 'Healing is the New Luxury' campaign in Mumbai to attract high-value wellness travellers and destination weddings, supported by 60-day visa-free entry and expanded outreach to Tier 2 cities including Ahmedabad, Amritsar and Pune. Morocco reinforced India's growing importance as a source market, highlighting a 224% increase in Indian tourist arrivals compared to pre-pandemic levels, alongside deeper trade engagement through OTM. Sarawak Tourism Board spotlighted its Visit Malaysia Year 2026 campaign, while Sabah Tourism Board introduced the 'North Borneo Cycling Paradise' initiative to promote niche adventure tourism to Indian travellers. From Africa, the Zambia Tourism Agency showcased safari and wildlife experiences tailored for the Indian outbound market, while Da Nang strengthened its positioning as a MICE and destination wedding hub. Indonesia outlined renewed efforts to grow Indian arrivals, while Air India and Air India Express presented product and service enhancements supporting India's expanding global travel footprint. WeddingSutra Engage also unveiled emerging destination wedding and travel trends reflecting evolving Indian traveller preferences. Malaysia Airlines strengthens India's outbound connectivity at OTM 2026 Reflecting the role of air connectivity in unlocking outbound growth, Malaysia Airlines participated as the Partner Airline at OTM 2026 with a prominent presence at the exhibition, showcasing its network connectivity, premium offerings and India-focused travel solutions for the Indian travel trade. Several other airlines also participated across the show floor, reflecting broader airline confidence in India's expanding global travel footprint. OTM Forum: Three days of sharp, segment-led industry dialogue Complementing the exhibition, the OTM Forum delivered a high-density programme of leadership, insight and industry direction, bringing together senior voices from travel platforms, corporate travel, weddings, marketing, technology and distribution. On Day 2, the programme moved into sharper conversations on how and why India's traveller motivations are changing, with 'Vibe Traveling - Aesthetics, Experiences, and the New Indian Narrative' featuring Adedayo Olawuyi (Uganda Airlines), Amit Jaipuria (Postcard Travel Club), Maanav Saraf (Gainwell Travel), Nupur Gupta (Google India) and Pabs Raghava (Tours Limited). The day also deep-dived into business mobility through 'Building India's Corporate Travel Ecosystem: A $20B Journey' with Bhavin Modi (Quest2Travel by MakeMyTrip), Gaurav Shekhar Nagwekar (Reliance Industries), Shaheen Karoji (Aditya Birla Group) and Sunny Sodhi (FCM Travel India), moderated by Dr. Sanjay Pai (Larsen & Toubro). A buyer-led session on 'What India's Top Corporate Travel Buyers Expect from the Industry Today' brought together Ajay Bhatt (Godrej Industries Group), Devendra Saraiya (Deloitte), Ranjit Nair (Tata Consultancy Services) and Sri Arardhi (Fast Collab), moderated by Mridul Pahuja (Motilal Oswal). Day 2 also expanded into destination weddings through WeddingSutra Engage sessions focused on luxury hospitality and discovery-led wedding travel, and continued the conversation on experience-led travel and commercial growth through 'Live Tourism - The Anti-AI Bet on Human Connection', featuring Chitra Daga (Thrillophilia), Daniel Dsouza (Dream Set Go), Sabbas Joseph (Wizcraft Group) and Uttam Garodia (Headout). The day further examined performance-led marketing and retention in 'The Future of Travel Marketing: AI, Personalisation and Loyalty Shifts', with leaders including Anurag Jain (RateGain), Neel Ghose (Skyscanner), Neeraj Singh Dev (Thomas Cook India), Nikhil Dhar (Indigo), Ravi Shankar (Air Asia Move) and Sandeep Sonawane (DreamFolks). The Forum also featured an executive-only session on alternate accommodation, presenting VIDEC's market insights with participation from MakeMyTrip, Zostel, Elivass and Saffron Stays, moderated by Virendra Jain (VIDEC). On Day 3, the Forum turned to distribution power and travel trade evolution through 'The New Power of the Intermediary: Why India's Travel Agents Are More Relevant Than Ever', featuring B A Rahim (OA Globe DMC), Chirag Agarwal (TravClan), Jaal Shah (Rezlive), Manoj Samuel (Riya Tours and Travels) and Srijit Nair (Rail Europe), moderated by Parikshit Choudhury (MakeMyTrip). This was followed by 'Inside India's Travel Trade: What's Changed, What's Working, What's Next', featuring Hussain Patel (TripJack), Jitesh Poojari (Akbar Online Booking Company), Rishabh Doshi (Classic Holidays) and Salil Nath (Travesla). Valedictory and Awards OTM 2026 concluded with the Valedictory and Awards Function, alongside key partner announcements including the ICRT Indian Subcontinent Awards 2026 announcement. Commenting on the conclusion of the show, Sanjiv Agarwal, Chairman & CEO, Fairfest Media, said, "OTM continues to reflect the reality of global travel today, where India is no longer an emerging opportunity but one of the most sought-after and strategic travel markets globally. The diversity and depth of participation at OTM 2026, alongside the quality of conversations across the show floor and the Forum, demonstrate how the world is repositioning itself around the Indian traveller in a focused, business-driven environment." OTM 2026 was organised by Fairfest Media. The next edition of OTM is scheduled to take place from 1st-3rd February 2027. About OTM and Fairfest Media: OTM is Asia's leading travel trade platform, connecting global travel suppliers with India and Asia's fastest-growing travel markets through large-scale exhibitions, curated buyer programmes and structured B2B engagement. OTM is organised by Fairfest Media. Founded in 1989, Fairfest Media is a global trade show organiser and media company, providing platforms for doing business in the world's fastest-growing markets. Fairfest recently acquired WTE Miami, the fastest-growing travel show in the United States, which will be held at the Miami Beach Convention Centre on the 27th and 28th of October, 2026. For more information, please visit: https://otm.co.in/. Photo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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