Aneesh Phadnis And Abhijit Lele

Stories by Aneesh Phadnis And Abhijit Lele

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

Etihad's record bodes well for Jet

Etihad's record bodes well for Jet

Rediff.com   17 Dec 2013

But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

Crompton Greaves may sell or shut Canada plant

Crompton Greaves may sell or shut Canada plant

Rediff.com   11 Dec 2013

The transformer factory in Canada contributes about three per cent to the company's total sales.

Gammon struggles to turn around

Gammon struggles to turn around

Rediff.com   11 Dec 2013

Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.

SpiceJet set to buy Boeing 737 Max plane

SpiceJet set to buy Boeing 737 Max plane

Rediff.com   19 Nov 2013

Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).

Cidco bats for hybrid model to levy fees at Navi Mumbai airport

Cidco bats for hybrid model to levy fees at Navi Mumbai airport

Rediff.com   13 Nov 2013

Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.

Offers, market boost post-Diwali vacation business

Offers, market boost post-Diwali vacation business

Rediff.com   11 Nov 2013

This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.

GoAir joins the profit league

GoAir joins the profit league

Rediff.com   11 Nov 2013

Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified

Canada's Buffett is Thomas Cook's new travel partner

Canada's Buffett is Thomas Cook's new travel partner

Rediff.com   5 Nov 2013

In its latest transition, the company will also double up as an investment vehicle.

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

Qatar Airways looks to grow India reach, eyes SpiceJet stake

Qatar Airways looks to grow India reach, eyes SpiceJet stake

Rediff.com   18 Oct 2013

Qatar Airways might infuse $200 million in debt and equity in SpiceJet.

Etihad pilots management changes at Jet Airways

Etihad pilots management changes at Jet Airways

Rediff.com   17 Oct 2013

Etihad earns about 23 per cent of its passenger revenue from code-share and equity partners, and this would increase after its tie-up with Jet.

Weak rupee, Egypt crisis could mean rollicking time for Goa

Weak rupee, Egypt crisis could mean rollicking time for Goa

Rediff.com   16 Oct 2013

Chartered flights may increase 34% from last year as more Russian tourists come calling.

Mumbai, Delhi's share in domestic air traffic falls

Mumbai, Delhi's share in domestic air traffic falls

Rediff.com   12 Oct 2013

Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.

Sebi asks Goyal to sell 6% more in Jet

Sebi asks Goyal to sell 6% more in Jet

Rediff.com   1 Oct 2013

Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.

Jet & Etihad may miss deal deadline yet again

Jet & Etihad may miss deal deadline yet again

Rediff.com   30 Sep 2013

The agreement between the two has a long stop date clause, stipulating that all approvals be secured by then.

Airfare should specify travel agent fee: Govt

Airfare should specify travel agent fee: Govt

Rediff.com   26 Sep 2013

In his order last week, Civil Aviation Secretary K N Srivastava ruled the meanings of transaction fee, commission or convenience fee were the same -- payment of remuneration to an intermediary.

In a first, IndiGo opts for bigger Airbus planes

In a first, IndiGo opts for bigger Airbus planes

Rediff.com   26 Sep 2013

In 2011, the Gurgaon-based airline placed an order of 180 narrow-body Airbus aircraft, including 150 fuel efficient A320neo and 30 A320s.