Indian is planning to start hedging its international fuel purchase in the wake of spiralling aviation turbine fuel cost that is eating into its profits
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
India will soon have a dedicated global facility to convert passenger airplanes to cargo planes, with state-run aerospace major Hindustan Aeronautics Limited planning a full fledged conversion centre for Boeing aircraft
For the first time in the Indian aviation history, an airline company is going to cover its losses occurred due to foggy conditions during the upcoming winter season.
The government has extended the tenure of Vasudevan Thulasidas as chairman and managing director of Air-India. The tenure of Thulasidas, a 1972 batch IAS officer from Manipur-Tripura cadre, was coming to an end on Thursday.
India's leading corporate houses like Mahindra & Mahindra, Hindustan Construction Company, HDFC, Deutsche Bank and a few others have joined hands to help re-building work skills for the hearing-impaired, who are otherwise healthy and normal but rema
After raising its stake to 100% in UK JV; the firm plans to expand European portfolio with new products.
Avani or SpiceJet: which is the love of his life? For Ajay Singh, that's a tough one to answer.
German retail giant Metro Cash & Carry and India's emerging retail venture Reliance Retail have roped in the property services group of ICICI Bank for identifying retail properties for its proposed pan India expansion.
Domestic airlines are keen to bring China into their network as the latter is set to become the country's top trade partner in the coming years.
IT major Tata Consultancy Services has bagged the contract to implement end-to-end solutions for national flag carrier Shipping Corporation of India.
At the moment Concor, a public sector company controlled by the railways, has a monopoly in running container trains across the country. It offers ferrying rates to carry containers that are one-third of that on roads.
"The new aircraft have anti-fog devices, but installing these in older planes is costly," the Airports Authority of India sources said.
Domestic companies are also not far behind and are in an expansion mode through the inorganic route.
The proposal will help India, one of the most cost-effective location for pharmaceutical production, to increase its growing generic exports multifold in a hassle-free regulatory environment.
India will have its tenth domestic passenger airline operating feeder routes from December 14.
The global consultancy firm PricewaterhouseCoopers is foraying into custom-made software and IT implementation services to tap the booming organised retail industry in India.
Budget carriers say no to full cost airlines' proposal to up rates.
Cut-throat competition in the India-UK route has taken its toll on the UK's second largest full service scheduled airline bmi (British Midland).
Sources close to the development said the Tata group had registered revenues of around Rs 1,100 crore from the defence sector in 2006.
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