Akasa Air Establishes Leasing Entity at GIFT City

Akasa Air has incorporated Akasa Air Leasing IFSC Private Limited in GIFT City to support its aircraft financing and leasing activities. The move highlights the growing adoption of GIFT City’s regulatory and tax framework by Indian airlines and reinforces its emergence as a key hub for aviation leasing in India.

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May 30, 2026

India Registers First Olafactory Trademark

The Controller General of Designs, Patents and Trade Marks has accepted an application filed by Sumitomo Rubber Industries Limited for registration of a scent-based trademark under Class 12, described as a smell reminiscent of roses applied to tyres.

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