Regulator sets recovery period up to April 2021.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
The government has decided decides to abolish Airport Development Fee in Delhi and Mumbai from January 1, 2013.
The government has approved the levy of development fee at Mumbai International Airport. An airport development fee of Rs 100 will be charged from outbound domestic passengers and Rs 600 from international passengers.
A total of 246 militants of United Gorkha People's Organisation and Tiwa Liberation Army formally surrendered before Assam Chief Minister Himanta Biswa Sarma in Guwahati on Thursday.
In a statement criticising the levy, the IATA said on Thursday that the ADF came at a time when the industry was badly in need of a stimulus package to boost demand.
Transcript of the market chat held on August 29.
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
Kajol speaks up about the controversy between Ajay Devgn's production house and Yash Raj Films
According to sector experts, UDF charges are likely to go up in the absence of ADF.
The estimated cost for building T-3 went up from Rs 8,975 crore (Rs 89.75 billion) to Rs 12,700 crore (Rs 127 billion) during the 37 months it took. In March 2009, the operator was allowed by the civil aviation ministry to collect an ADF for 36 months, to recover an estimated Rs 1,827 crore (Rs 18.27 billion).
DIAL allowed to charge user development fee from both departing and arriving passengers
According to the Australian media, the latest report has been based on over 400 interviews with soldiers and officers from the SAS, a special forces unit, and Commandos, Afghan villagers, special forces interpreters and support staff.
A division bench headed by chief justice A P Shah dismissed a bunch of petitions that alleged that both the Delhi International Airport Ltd and the Mumbai International Airport Ltd were collecting ADF in an illegal manner, without having any authority.
The government is considering allowing the GMR-led Delhi International Airport Ltd to charge airport development fee from passengers to meet the shortfall in financing the cost of expanding and modernising the Indira Gandhi International Airport.
The members of the insurgent groups -- United Liberation Front of Assam, National Democratic Front of Boroland, Rabha National Liberation Front, Kamtapur Liberation Organisation, Communist Party of India-Maoist, National Santhal Liberation Army, Adivasi Dragon Fighters and National Liberation Front of Bengali -- joined the mainstream in front of Assam Chief Minister Sarbananda Sonowal at a programme.
DIAL, the GMR-led consortium modernising Delhi airport, had projected it would get only a Rs 800 crore-Rs 1,000 crore deposit for the entire 45 acre land in the hospitality district, leaving a gap in funding for the modernisation plan. The aviation ministry allowed it make up the shortfall by levying an ADF on passengers. With DIAL managing to persuade bidders for the hospitality district to increase security deposits by close to 50 per cent, the ADF may now be reduced.
The balance sheet of the Reserve Bank plays a critical role in the functioning of the country's economy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The airline has launched a series of discount offers since January this year.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here's a look at the top 10 tweets from your favourite Bollywood celebrities