If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
Some of the popular brands that would be impacted include Phensedyl (Abbott), Tixylix (Abbott), Gluconorm PG (Lupin), Ascoril D (Glenmark), Solvin Cold (Ipca), D Cold Total (Paras Pharma).
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
This will be the largest claim in the aviation sector for Indian insurers in the last three years
Airline to deploy around 50 planes in the next seven months
The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
The low fares will come with a discernible sea-change in service quality and minus the luxury which comes as an essential part of any long-haul travel
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