New Delhi, May 8: After India successfully carried out Operation Sindoor, domestic carriers cancelled around 430 flights on Thursday, which is nearly three per cent of the total scheduled flights in the country, as 27 airports remain shut till May 10.

According to data from flight tracking platform Flightradar24, airspace over Pakistan and the western corridor of India was largely free of civilian aircraft.

“Airspace over Pakistan and the western shoulder of India between Jammu and Kashmir and Gujarat was free of civilian air traffic as airlines shunned the sensitive zone,” according to the portal, which shared live flight path data and cancellation figures.

The affected airports include Srinagar, Jammu, Leh, Chandigarh, Amritsar, Ludhiana, Patiala, Bathinda, Halwara, Pathankot, Bhuntar, Shimla, Gaggal, Dharamsala, Kishangarh, Jaisalmer, Jodhpur, Bikaner, Mundra, Jamnagar, Rajkot, Porbandar, Kandla, Keshod, Bhuj, Gwalior and Hindon.

On Wednesday, more than 300 flights were cancelled, and operations at 21 airports across northern and western India were suspended.

In a post on X, Air India said its contact centres are currently experiencing high call volumes.

“While all our representatives are actively assisting customers, in some cases it may take longer than expected to connect. Please rest assured, we are here to support you. For customers whose flights are impacted by the current disruptions, Air India is offering full refund for cancellations and a one-time waiver on rescheduling fee. This is valid for tickets booked on the impacted flights until 10th May, 2025,” said the carrier.

Air India also said that it is grateful for the selfless service and dedication of our military and defence personnel.

“In the prevailing situation, for those personnel holding defence fares who are booked on Air India and Air India Express flights till 31 May 2025, we are offering full refunds on cancellation and a one-time waiver on rescheduling flights up to 30 June 2025 to support their duty commitments,” said Air India.

IndiGo informed passengers that its services to and from Srinagar, Jammu, Amritsar, Leh, Chandigarh, and Dharamsala were being affected due to changing airspace conditions.

“Continuing our efforts to provide support to our customers and accommodate their travel plan changes, we are extending full waiver of change and cancellation fees for travel to/from Srinagar until 22nd May 2025, for bookings made on or before 22nd April 2025,” IndiGo said in a post on X on Thursday.

SpiceJet noted that flights operating to and from Dharamsala, Leh, Jammu, Srinagar, and Amritsar were suspended until further notice. Akasa Air, while not listing affected routes individually, also issued a travel advisory in response to the situation.

Mumbai, May 7: GreenLine Mobility Solutions Ltd, an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, on Wednesday flagged off a new fleet of LNG-powered trucks at Chakan, Pune. The deployment is supported by Shriram Finance Limited, one of India’s largest NBFCs and the flagship company of the Shriram Group.

GreenLine continues to lead India’s low-carbon logistics transformation. Its current fleet of over 650 LNG trucks serves marquee companies across sectors such as FMCG and e-commerce, metals and mining, cement, oil and gas, and chemicals. The fleet has already covered more than 40 million km, reducing carbon dioxide emissions by over 10,000 tonnes.

The company plans to deploy over 10,000 LNG and EV trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities. This comprehensive initiative aims to reduce carbon emissions by up to 1 million tonnes annually.

This partnership marks a significant step in GreenLine’s ongoing mission to decarbonise India’s transportation sector, which contributes nearly 15 per cent of the country’s total carbon emissions. With over 4 million trucks currently in operation — and the number continuing to grow — India’s road logistics sector remains one of its most carbon-intensive industries.

Aligned with the government’s ambitious goal to reduce greenhouse gas emissions, GreenLine is committed to transitioning the heavy-duty vehicle (HDV) fleet to LNG and EV trucks to promote cleaner, more sustainable transport. With Shriram Finance’s backing, the deployment of these vehicles is faster and more efficient, making green logistics more financially accessible for businesses across the country.

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd, said: “This fleet expansion, supported by Shriram Finance, is a key step towards transforming India’s logistics with sustainable, high-performance solutions. The trucks, manufactured by Blue Energy Motors (BEM), play a critical role in decarbonising the logistics sector and align with our vision for a greener future. With growing investments in LNG and other alternative fuels, we are seeing tangible progress towards reducing India’s carbon footprint.”

Sharvari Prabhu, CFO, GreenLine Mobility Solutions Ltd, added: “As we scale our LNG fleet, the role of strategic financial support becomes increasingly critical. Shriram Finance’s involvement helps us offer viable green alternatives to conventional trucking while supporting India’s broader decarbonisation goals.”

G.M. Jilani, Joint Managing Director, Shriram Finance Limited, commented: “We congratulate Greenline Mobility Solutions on the expansion of their green fleet with the addition of LNG-powered trucks, which reinforces their unwavering commitment to sustainable logistics. At Shriram Finance, we’re proud to support this forward-looking initiative, which aligns with our commitment to responsible financing and environmental stewardship. This partnership marks a significant milestone as our first investment in cleaner fuel technology, showcases our commitment to expand our green financing beyond electric mobility, and underscores our resolve to drive meaningful change across the transportation ecosystem. We remain dedicated to driving positive change, accelerating sustainable initiatives, and supporting environmentally responsible growth across the transportation sector.”

GreenLine’s LNG-powered trucks are manufactured by Blue Energy Motors (BEM). BEM is a leading manufacturer of LNG-powered trucks, delivering innovative solutions for the logistics industry. Their cutting-edge technology is designed to enhance operational efficiency and sustainability in India’s transport sector.

Mumbai, May 7: In the midst of rising market volatility sparked by geopolitical tensions, experts on Wednesday urged investors to remain calm and take a calculated approach, especially while buying defence stocks.

Indian defence stocks traded flat amid heightened tensions with Pakistan after India successfully carried out ‘Operation Sindoor’.

Analysts suggested investors to adopt a wait-and-watch approach due to geopolitical risks.

“This is a time for careful planning rather than rushed decisions or panic buying,” said Dr Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital.

Long-term investment opportunities continue to exist, especially in the defence sector.

He advised investors to avoid falling into fear or FOMO (fear of missing out) and, instead, maintain a watchlist of sectors and stocks that show strong long-term promise.

The key, according to Gupta, is to allocate capital gradually and rationally, rather than reacting emotionally to market noise.

However, Gupta emphasised that the defence sector stands out as a key area of focus.

“Defence companies, already holding strong order books, are likely to see further growth in orders due to Operation Sindoor,” he added.

“The attention now shifts to the pace of project execution, which could become more aggressive,” he stated.

According to market experts, defence stocks have already witnessed a significant run-up in recent sessions, particularly following the Pahalgam terror attack.

Gupta suggests that the results of this push may start reflecting in financials over the next few quarters to a couple of years, potentially driving revenue and profit growth.

Beyond conventional arms and ammunition, other critical defence-related areas are poised for growth, including cyber security, strategic minerals, rare earths, oil and gas, military EPC and defence logistics.

Meanwhile, shares of Bharat Dynamics, Hindustan Aeronautics, Bharat Electronics, and BEML remained largely unchanged.

Shipbuilding stocks such as Mazagon Dock Shipbuilders, Garden Reach Shipbuilders, and Cochin Shipyard also reflected a similar flat trend.