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SoftBank-backed Indian logistics startup Delhivery files for $997 mln IPO

Indian logistics firm Delhivery is seeking a valuation of more than $5.5 billion, a source familiar with the matter told Reuters, as the SoftBank-backed company filed for an initial public offering of up to 74.6 billion rupees ($997.33 million).

Airlines seek urgent U S action to address Russia overflight rights -letter

The U.S State Department said late Thursday the Russian government has approved U.S. air carriers' requests for overflights even as some cargo and passenger airlines seek additional flights.

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