The Gurgaon-based carrier, which started its regional operations from Hyderabad last month, plans to have the hubs in Chennai, Ahmedabad, Bangalore, Kolkata and Delhi.
Low-cost carriers (LCCs) like Air Asia and Ryan Air are among the best because they are frugal, have flexibility in operations and certain standardisation of aircraft and operations.
Airports authority demands Leela fork out 7.5% of gross turnover of Mumbai hotel as royalty.
The Airports Authority of India (AAI) has asked for selective exemption from the order to seek permission from the Union cabinet before the sale or long-term lease of any land of the government or a government-controlled statutory body.
Expressway construction is part of the sixth phase of the National Highways Development Programme.
In December 2005, AI had ordered 111 aircraft worth Rs 46,000 crore.
AERA says airport operator must go on its own to avoid revenue-sharing.
Formation of profit-making units and shifting of staff are key components of the turnaround plan.
The estimated cost for building T-3 went up from Rs 8,975 crore (Rs 89.75 billion) to Rs 12,700 crore (Rs 127 billion) during the 37 months it took. In March 2009, the operator was allowed by the civil aviation ministry to collect an ADF for 36 months, to recover an estimated Rs 1,827 crore (Rs 18.27 billion).
The Planning Commission projected the Centre's fiscal deficit to come down to three per cent of the gross domestic product.
Rains were 26 per cent above normal across the country.
Considers bidding for Barcelona, Madrid airports; may rope in local partner.
With the Reserve Bank of India raising its key policy rates for the 11th time since March 2010 on Wednesday, banks are also expected to increase their lending rates.
The creation of joint ventures by Delhi International Airport Ltd (DIAL) has not impacted its revenue share, says the Airports Authority of India (AAI).
Contrary to the general perception that close-circuit television (CCTV) cameras can only record incidents, the 3,000-odd cameras in and around the Delhi airport can not only record but also raise an alarm the moment they detect anything unusual.
Consumption of cement, steel, and bitumen is to get a boost of Rs 42,000 crore (Rs 420 billion), as the National Highways Authority of India has announced to award 7,994 km of highway projects in the current financial year.
"We have conveyed this to the road transport ministry. We go for environment approval for all land we acquire, but land with environment issues requires more approvals," said a senior NHAI official, who did not want to be identified.
As the country grapples with a string of corruption issues, the approach paper to the 12th Five-Year Plan, which is in final stages of preparation by the Planning Commission, will focus prominently on governance issues.
The wheat procurement season has ended in most big foodgrain-growing states with an all-time high purchase of almost 28 million tonnes (mt), creating a problem of storing such huge stocks.
Boeing will bring over 20 aircraft for the domestic market.
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