Bloomberg Indian discount airline IndiGo placed an outline order for 50 turboprop planes worth $1.3 billion at list prices as the subcontinent’s biggest carrier expands into regional flights connecting smaller population centers. IndiGo has signed a term sheet to acquire the ATR 72-600 aircraft, with the first planes due to enter operation by the end of this year, the …

  Bloomberg A Japanese retailer famous for minimalist products and no-logo branding is betting big on the world’s most colorful retail market as it pushes forward with an aggressive overseas expansion. Strong growth and demographic trends will eventually make India the second-largest international market for Muji stores after China, Satoru Matsuzaki, president of Muji-owner Ryohin Keikaku Co., said in an …

  Bloomberg Anti-terrorist officials in the US are considering expanding the restrictions on carrying electronic devices in airline cabins beyond the handful of Middle East airports currently covered. Asked if the laptop ban could be expanded to other countries or electronic products, Department of Homeland Security spokesman David Lapan told reporters that the agency is in discussions with airlines and …