Carriers' input costs are rising due to weak rupee and rising crude oil price.
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy.
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
The e-tail venture plans to initially offer apparel, electronics and footwear products.
The working groups will comprise representatives of airlines, airport operators and the AAI.
Jet's advertising and that of most other airlines has been limited to new routes or promotional fares.
Etihad is the fourth airline to operate the super jumbo aircraft to India.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Company aims to build five Rs 100 cr-plus brands and launch products from South African arm in domestic market
While the Taj remains popular amongst celebrity guests, many ordinary foreign visitors are skipping it
Officials also denied that security concern regarding construction of multi-level parking lot near the ATC tower was behind the idea to build control tower in Kalina
Lohani orders staff to ensure maintenance and cleanliness of hi-lift catering trucks
At the heart of the current controversy is the government's FDI rule
Investments in 2015 reach a record high of $46.4 million with 193 deals.
The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.
Over Lebanese delicacies, the daughter of billionaire Kumar Mangalam Birla talks money, relationships, her passions and how she outpaced her peers.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
The government is keeping its options open.
AirAsia India began operations in June 2014.
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