Aneesh Phadnis

Stories by Aneesh Phadnis

Over 200 Indians stuck in Serbia due to surprise quarantine rule

Over 200 Indians stuck in Serbia due to surprise quarantine rule

Rediff.com   13 Jul 2021

Serbia has become one of the transit points for Indians heading to Canada and the US. Canada requires passengers from India to take an RT-PCR test from a third country, while the US wants them to spend 14 days outside of India. As a result, many students are taking the Serbia route to Canada, and the US.

Will Jet Airways manage to get enough airport slots?

Will Jet Airways manage to get enough airport slots?

Rediff.com   8 Jul 2021

As and when Jet Airways applies for slots, these would be allocated among all airlines according to guidelines, without any claim of historicity in favour of any airline. Slots would be given to Jet only from the available remaining pool.

95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits

95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits

Rediff.com   6 Jul 2021

At least 95 per cent of Jet Airways employees will have to give their consent to the Kalrock-Jalan consortium's proposal or lose benefits offered to them under the revival plan. Voting on the consortium's offer for employees and workmen began on Monday and will go on till August 4. The National Company Law Tribunal cleared the consortium proposal to revive the airline on June 22. While Jet Airways had admitted claims of around Rs 15,000 crore, the consortium has offered to settle claims of Rs 475 crore of financial and non financial creditors.

Jet Airways assured of slots by around 30 airports

Jet Airways assured of slots by around 30 airports

Rediff.com   28 Jun 2021

The Kalrock-Jalan consortium - new owners of Jet Airways - has got an assurance from around 30 airports that if the airline restarts operations, 170 pairs of slots can be made available. However, whether those slots will be according to the airline's demand will depend on the order of the insolvency court, which is slated to come next week. Sources said the new management feels it is extremely important that some of those slots are restored or else its business plan of operating Jet as a premium carrier will not be viable.

REVEALED! Design of the Navi Mumbai airport

REVEALED! Design of the Navi Mumbai airport

Rediff.com   10 Jun 2021

The Navi Mumbai international airport will boast three interconnected multi-level terminals with a lotus-inspired design, according to the master plan prepared by its outgoing developer. The GVK group, which completed 15 years of airport business, shared the first look of the Navi Mumbai airport. The group in 2018 had commissioned British firm Zaha Hadid Architects to design the main terminal and air traffic control tower. The master plan of the airport was approved by the City and Industrial Development Corporation (CIDCO) in 2019.

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Rediff.com   3 Jun 2021

Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.

UK regulator probes Air India's data leak impacting 4.5 mn passengers

UK regulator probes Air India's data leak impacting 4.5 mn passengers

Rediff.com   26 May 2021

EU and UK laws require airlines to incorporate data protection measures and report data breach to regulators within 72 hours. Non-compliance can invite steep fines.

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Rediff.com   26 Apr 2021

Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.

India's Sputnik V decision a win for Russia's soft power diplomacy

India's Sputnik V decision a win for Russia's soft power diplomacy

Rediff.com   20 Apr 2021

The Russian vaccine has been registered in more than 55 countries and is gaining recognition in the virtual world -- being the only to have its own Facebook page, YouTube channel and a Twitter handle, reports Aneesh Phadnis

Maha curfew: 50% factories may remain shut for next fortnight

Maha curfew: 50% factories may remain shut for next fortnight

Rediff.com   15 Apr 2021

According to the order, all factories producing essential goods and services will remain operational at full capacity.

Maharashtra traders body plans to defy Covid curbs, open stores

Maharashtra traders body plans to defy Covid curbs, open stores

Rediff.com   10 Apr 2021

'Traders have stocked up for upcoming festivals and will make a loss if stores remain shut now. We suffered last year. We can't suffer again. There is no scientific basis for closing all commercial establishments. How long will the government keep them shut?'

Infections rise in Nagpur with second wave

Infections rise in Nagpur with second wave

Rediff.com   10 Apr 2021

One reason for the surge in cases is the spread of infection at large weddings. Weddings turned out to be super spreaders.

Labs say capping RT-PCR rates is big blow to business

Labs say capping RT-PCR rates is big blow to business

Rediff.com   3 Apr 2021

'We urge the government to have discussions with private labs on the actual cost of running a test.'

Hotels and travel firms look for summer relief

Hotels and travel firms look for summer relief

Rediff.com   22 Mar 2021

Holidayers, including those who would head overseas between April and June, are set to escape to the hills, beaches, and resorts in the country. This is to fend off the heat and beat the pandemic blues, indicates the initial bookings and online search trends.

Jet Airways cannot claim historical right on airport slots: Govt to NCLT

Jet Airways cannot claim historical right on airport slots: Govt to NCLT

Rediff.com   9 Mar 2021

The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy.

Canadian plane maker De Havilland wins $43 mn claim against SpiceJet

Canadian plane maker De Havilland wins $43 mn claim against SpiceJet

Rediff.com   8 Mar 2021

The bone of contention between the two sides relates to changes in the purchase terms.

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Rediff.com   2 Mar 2021

The new offer is part of its strategy to turn India to an exclusively 4G market.

Covid curbs hit flights, airlines see 10% drop in bookings

Covid curbs hit flights, airlines see 10% drop in bookings

Rediff.com   27 Feb 2021

Sources at Mumbai airport said seat occupancy has declined from around 70-72 per cent to 60-64 per cent in last three-four days as passengers are postponing or cancelling trips.

As Covid cases rise again, states impose restrictions

As Covid cases rise again, states impose restrictions

Rediff.com   26 Feb 2021

Here's what some states are doing to get a grip on the situation. Ruchika Chitravanshi & Aneesh Phadnis report

Trading glitch: Sebi, FinMin seek detailed report from NSE

Trading glitch: Sebi, FinMin seek detailed report from NSE

Rediff.com   25 Feb 2021

The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.