Mahindra Aerospace, the aviation division of India’s Mahindra & Mahindra Ltd., held discussions last week with aircraft part manufacturers in Europe and the U.S. for a stake purchase.

NEW DELHI — An Indian Air Force (IAF) Jaguar fighter jet crashed in India’s northern state of Uttar Pradesh Thursday, killing the pilot and a civilian on the ground, local police say. The single-seater Jaguar, a deep-penetration strike aircraft, took off from Gorakhpur airbase in Uttar Pradesh around midday and crashed in a field in Firozpur Dilahi village, about 250 km (155 mi.) from the state capital of Lucknow, according to L. Ravi Kumar, deputy inspector general for the Azamgarh range.

India's ailing flag carrier Air India got a breather Aug. 3 as the federal government approved a 17.32 billion rupee ($38.8 million) package to meet its immediate financial requirements.