Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
The airline has launched a series of discount offers since January this year.
After clearance in 2012, single-brand showpiece still to decide on a single location, with first store unlikely before 2017.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
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Arvind Kumar Sharma, a 1988-batch IAS officer and one of the many joint secretaries in PMO, definitely wields some power.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
The Bombay High Court has directed four office-bearers of the Aviation Industry Employees' Guild to resume duties by July 7, in a move that supports Air India's drive against absenteeism.
In a curious turn of events on Wednesday, Prime Minister Narendra Modi picked Rajeev Topno, a 1996 batch Indian Administrative Service officer from the Gujarat cadre and a part of the Prime Minister's Office under former PM Manmohan Singh, as private secretary.
E-commerce pilot for wholesale begins from July in Hyderbad and Lucknow
Narendra Modi, who used to tweet frequently, is said to have decided to maintain a single voice on Twitter after becoming prime minister. Nivedita Mookerji reports
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Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so.
Retailers present in India are in talks with Carrefour to buy its assets piecemeal, rather than the whole business.
The airlines in their representation had said that pilots had to be spared for the renewal procedure, which took a lot of time.
The two companies have been negotiating to remain separate entities after a merger.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
Experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government for concrete signs of revival.
The company's search for a partner in India seems to be grounded once again
Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
The Boeing website lists the price of a Boeing 737-800 aircraft at $90.5 million.
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