Domestic airlines may soon be able to hedge their risk of jet fuel prices. The government is considering a proposal to allow Indian carriers to hedge the price risk of aviation turbine fuel purchased from oil marketing companies in the country.
Railway Board Chairman JP Batra, Railway Board Financial Commissioner R Sivadasan and Officer on Special Duty Sudhir Kumar burn midnight oil and help in giving shape to Lalu's vision.
The congestion at Australia's Newcastle Port is bringing cheers to Indian shipping companies.
Air India CMD Vasudevan Thulasidas said the combined entity will have a change management consultant which will enable employees to be IT-savvy.
Lockheed Martin is in talks with Infosys Technologies, Wipro, Reliance Industries, the Tata group, Larsen & Toubro and Hindustan Aeronautics to source software services, components and systems.
In the 42 months since Air Deccan became a credible and stable challenger to the erstwhile ruling triumvirate of Jet Airways, Indian Airlines and Sahara, the new entrants have garnered about 44 per cent of share of the market.
According to the figures for January, budget carriers alone -- such as SpiceJet, GoAir, IndiGo, apart from Deccan -- have 34 per cent share of the market. A year ago, the figure was only 20.8 per cent.
Public and private sector insurance companies are forming alliances to bid for state-run carrier Air-India's aviation cover worth $3.5 billion.
you plan your holiday in advance, you may get a free air ticket
After the biggest aviation extravaganza in Bangalore, it's time now for the biggest boat show in the financial capital of the country.
Industry analysts said Air India would have to scout for multiple avenues for sourcing pilots as the capacity of the state-run Indira Gandhi Rashtriya Uran Akademi has reached saturation.
The Re 1 cut in diesel prices could lead Railway Minister Lalu Prasad Yadav to announce a reduction in passenger fares in the forthcoming Railway Budget.
He said the ministry was considering bidding out the airstrips in blocks for development as it might not be feasible to do it individually.
If you are a frequent traveller and use the services of a travel agent, your bill is likely to see a rise this summer, provided travel agents have their way.
Free rides on toll roads for the country's VIPs might soon be over. The government is coming up with a new toll policy which might prune the long exemption list of VIPs who do not have to pay toll on national highways.
Budget carrier Air Deccan, which has the largest network in India covering 60 airports and operating more than 300 flights a day, may hive off its highly profitable ATR Turboprop aircraft operations into a separate company.
Rlys plan 50 garib raths, 450 AC trains; SPVs planned for wagon manufacture for freight corridors.
At least 20 trucking companies are negotiating a consortium to operate rail containers, a business that was opened to private participation last month, and retain their dominant share of the container transport market.
Get ready for a different rail travel experience. A special rail coach with a living room, two bathrooms, two toilets and a private kitchen. The catch: You will be allowed to take your own chefs on the trip.
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