While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
The ease of doing business has not picked up in a vast number of states and Union Territories.
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Called Signature Villa, the property was gifted to him by Nakheel Public Joint Stock Company. The dispute was over whether this was a gift or payment for services Khan had rendered to the company.
The mergers will not involve any cash but only share swaps
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
If the industrial sector expanded, growth rate is likely to rise in the remaining quarters to reach 7.6-7.8 per cent for 2017-18.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government ushered in the new indirect taxation system on July 1.
Most say they will review their Make in India plans as prices may top pre-GST level
The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.
The GST Network's chairman Navin Kumar speaks to Dilasha Seth and Indivjal Dhasmana on various aspects of the new tax regime.
At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000
GST impact: Higher lease payouts may hit airlines, cab aggregators.
Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.
Engine snag forces IndiGo to ground 7 new aircraft
At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low.
Slots, parking bays unavailable at major airports
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