The carrier has debt of Rs 43,000 crore.
Limited monopoly period to airline bidding for least subsidy to connect any of 80 Tier-III cities.
The railways is also expected to fall short of the freight earnings target, owing to the economic slowdown.
Internal revenue generation only Rs 8,000 crore; planned investment cut 13%
The civil aviation ministry is to issue new route dispersal guidelines this month.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
Their first target would be bulk buyers.
Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.
Star Alliance is generally reluctant to partner with Gulf airlines, partnering with Air India is the only option for the alliance to enter the Indian market, said a senior Air India executive, who also asked not to be named.
Based on the panel's formula, the base price of domestic natural gas comes to around $7.4 per million British thermal unit (mBtu), but the pricing formula proposed by RIL, officials say, translates the price into $13-14 an mBtu.
IOC protests, says have invested in these facilities over a period of time.
Indian and global construction companies vying for Rs 12,000 crore worth of civil works for Dedicated Freight Corridor.
Move after the North Eastern Council failed to make viability payments to the carrier.
Delayed compensation and rising working capital requirement force oil marketing firms like IndianOil to turn to borrowings.
India has gained centre stage in the carriers' plans as it is among the top 20 traffic-generating countries in the world.
As it gets ready for disinvestment of 10 per cent government equity through the offer-of-sale route in January, T K Ananth Kumar, director (finance), tells Jyoti Mukul the company is one of the cheapest explorers and producers of oil and gas, but awaits more predictability in the government-subsidy sharing mechanism.
Appoints Foster Wheeler as consultant to prepare project report.
Yet to decide on reduction in Mumbai.
Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.
Air India postpones plan to put new long-haul aircraft on Australia route.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances