The Gurugram-based company had acquired Lucknow-based drone manufacturer and consultant start-up TechEagle in December, to expand food delivery using drones
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
'Since the government will not hold any significant stake in the airline this time, such restrictions are not required anymore.'
Will DMK send former PM to the Rajya Sabha next month?
The exercise would culminate into the election of a successor to Amit Shah.
Among the other conditions of the Hinduja group for picking up a stake in Jet is that bankers must take a haircut of 80 per cent and that they should help negotiate with operational creditors like aircraft lessors for moratorium on certain immediate payments.
Maruti's exports in May were down 2.4% at 9,089 units
For the 2019 polls, the BJP chief deployed over 7,000 leaders to oversee the work of polling committees on the over 400 seats the BJP contested. These committees were asked to focus on 120 seats the party had lost in 2014, but believed it could win in 2019.
He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.
Jatav youth ask tough questions about surgical strikes, expenditure on statues and organising of the Kumbh festival.
Both lenders and Etihad are not comfortable with the entities holding stake in Jet as they have no proven credentials in running a big business
Will it be home or defence for Amit Shah?
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
This is thrice of what agencies seized during the 2014 Lok Sabha poll process, reports Archis Mohan.
The election campaign finally ended on Friday, May 17. Arindam Majumder reveals what he discovered on the election front on a long rail journey.
The business of volume can be a win or a loss for a sugar mill as India's sugar market is heavily controlled by the government.
As many as 1,500, or 19 per cent, of all candidates contesting the Lok Sabha polls, face criminal cases, according to an analysis by election watchdog Association for Democratic Reforms (ADR).
Sources involved in the bidding process confirmed that the entity had submitted a bid but expressed doubt over its acceptance
From disbursing Rs 25.11 crore to political parties in 2014-2015, the Tata group is learnt to have contributed Rs about Rs 600 crore towards the 2019 Lok Sabha election.
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