Drones or unmanned aircraft are being used for several purposes such as mapping, survey and commercial photography, while e-commerce giant Amazon is looking to use them for deliveries to its consumers in the US.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
The move will have cascading effects for lot of related sectors
On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.
Govt working on policy to regularise migrant workers, labour ministry puts out broad contours of the policy for public discussion
GMR-led Delhi Airport had accepted the government's request to shift UDAN flights to Hindon Air Force Base, but airlines say poor last mile connectivity will have to be dealt with first before starting operations
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
Government officials favoured compulsory biometric identification but said it did not happen because of the Supreme Court judgment on Aadhaar
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Rains made the job more challenging as it was making the ground soft, the AIESL CEO said.
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Project delays, stretched balance sheets impacting asset quality indicators of HFCs.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.
At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000
GST impact: Higher lease payouts may hit airlines, cab aggregators.