Air India's total debt stands at about Rs 43,000 crore. It also has dues worth hundreds of crores to oil companies, airports and vendors
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
Government-owned and financially ailing AI has been dropping its economy class fares to the level of low-cost carriers.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
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.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
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.
Decades of military rule kept the country closed to foreign investors.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
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.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
Three Indian companies registered with the Registrar of Companies use the same brand name.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
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.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances