Falaknaaz Syed &Amp; P R Sanjai In Mumbai

Stories by Falaknaaz Syed &Amp; P R Sanjai In Mumbai

Rail coaches with living room, pvt kitchen!

Rail coaches with living room, pvt kitchen!

Rediff.com   30 Jan 2007

Get ready for a different rail travel experience. A special rail coach with a living room, two bathrooms, two toilets and a private kitchen. The catch: You will be allowed to take your own chefs on the trip.

A-I raises Rs 2,250 cr to acquire 68 Boeings

A-I raises Rs 2,250 cr to acquire 68 Boeings

Rediff.com   30 Jan 2007

National flag carrier Air India has raised $500 million (nearly Rs 2,250 crore) from ABN AMRO-led banking consortium to make pre-delivery payment to US-based aircraft manufacturer Boeing Company.

LIC to go paperless, digital by 2010

LIC to go paperless, digital by 2010

Rediff.com   27 Jan 2007

Shedding its image of a brick-and-mortar organisation, the Life Insurance Corporation of India (LIC) is all set venture into the digital era.

Jet eyes $400 mn via private equity

Jet eyes $400 mn via private equity

Rediff.com   22 Jan 2007

Jet Airways is talking to several leading private equity firms to raise $400 million through qualified institutional placements for its aircraft acquisition plan.

2-month notice period for airline staff

2-month notice period for airline staff

Rediff.com   19 Jan 2007

Poaching engineers in the domestic airline industry will no more be easy.

Air Deccan beats Indian again, grabs No 2 slot

Air Deccan beats Indian again, grabs No 2 slot

Rediff.com   18 Jan 2007

For the second time in a year, Air Deccan overtook state-owned Indian (formerly Indian Airlines) in 2006, making it country's second-largest domestic carrier.

Star Cruises sinks into losses

Star Cruises sinks into losses

Rediff.com   15 Jan 2007

According to highly placed sources, the anomalies in taxes on the cruise operator, coupled with a 50 per cent load factor, have led to a loss of over Rs 75 crore.

Express industry set for sizzling growth

Express industry set for sizzling growth

Rediff.com   15 Jan 2007

The Indian express industry is set for sizzling growth, despite rising usage of facilities like short messaging services or multimedia message services.

Leela in Global Hotel Alliance

Leela in Global Hotel Alliance

Rediff.com   15 Jan 2007

Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance

Logistics PSU biggies take JV route

Logistics PSU biggies take JV route

Rediff.com   13 Jan 2007

Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.

Householder's policy to cost half

Householder's policy to cost half

Rediff.com   3 Jan 2007

The free pricing regime in the general insurance industry has come into force, with the Insurance Regulatory and Development Authority clearing all the revised rates filed by general insurers.

Free pricing blues for insurers

Free pricing blues for insurers

Rediff.com   2 Jan 2007

Players may have to suffer underwriting losses this year.

Oriental to cover fog days of A-I

Oriental to cover fog days of A-I

Rediff.com   2 Jan 2007

Oriental Insurance Company has bagged the domestic aviation industry's first-ever contract to cover losses owing to fog for national flag carrier Air-India.

Irda clamps down on discounts

Irda clamps down on discounts

Rediff.com   29 Dec 2006

The Insurance Regulatory Development Authority of India has clamped down on excessive discounts on fire

Gammon emerges top bidder for Mumbai port

Gammon emerges top bidder for Mumbai port

Rediff.com   29 Dec 2006

Gammon India and L&T were the only bidders left in the fray for the project

Indian plans to hedge fuel costs

Indian plans to hedge fuel costs

Rediff.com   27 Dec 2006

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

Panel to study opening of Gulf to pvt airlines

Panel to study opening of Gulf to pvt airlines

Rediff.com   26 Dec 2006

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.

HAL facility to convert Boeings into freighter

HAL facility to convert Boeings into freighter

Rediff.com   24 Dec 2006

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

Air-India to go in for fog risk cover

Air-India to go in for fog risk cover

Rediff.com   24 Dec 2006

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.

A-I chief's tenure extended

A-I chief's tenure extended

Rediff.com   22 Dec 2006

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.