Mumbai / Tribune News Service India’s domestic air traffic market grew the fastest in the world for the 13th consecutive month in April, the International Air Transport Association (IATA) said in its report. The market grew at nearly 22%, it said. “India’s domestic traffic soared 21.8%, marking the 20th month of double-digit traffic growth and the 13th consecutive month ...

London / AFP Britain’s historic menswear chain Austin Reed, whose suits were worn by Winston Churchill and The Beatles, said on Tuesday it will close 120 stores by the end of June as it winds down its operations. The company fell into administration last month and no viable offers were made for its purchase. Austin Reed’s administrators AlixPartners said: “We have ...

  Shanghai / Bloomberg With its ubiquitous Phantom drones, Chinese manufacturer SZ DJI Technology Co. brought aerial photography to millions. Now, with dozens of competitors biting at its heels, the world’s biggest producer of consumer drones needs to prove that its products are more than just glorified selfie sticks. “Right now, DJI is the king of the drones-are-cool market, they ...