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In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
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).
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.
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.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
In its latest transition, the company will also double up as an investment vehicle.
The agency would probe whether Sibal had shown undue favour to RIL.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
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.
Aditya Aluminium project ready but clearances still stuck for mine
Chartered flights may increase 34% from last year as more Russian tourists come calling.
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
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.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
