Out of 23 floors, Air India occupies six and three of these have been leased out. The rest are largely unused.
Land acquisition issues & costs a big query; Cidco wants these fully addressed before calling preliminary bids.
Whether Thackeray's death would bring together Uddhav and his estranged cousin, Maharashtra Navnirman Sena (MNS) chief Raj Thackeray, to avoid a division in Marathi votes, remains to be seen.
The airlines' CEO expects it have 50 Boeing-737s and 30 Bomardier aircraft by 2016
The slot charge has been included in Mumbai International Airport Limited's rate revision proposal.
We believe a global PE firm with a dedicated clean resources fund can bring new ideas, as well as technologies, to Indian firms, say Sunil Ghorawat.
The DGCA will concentrate only on technical and safety aspects.
Last Friday, DGCA issued a show cause notice to the airline why its operating permit should not be suspended.
The airline had quit the Mumbai-London route in 2009 because of losses
According to sources, Piramal has plans to sell part of Gulita, his sea-facing property in Worli, Mumbai, for Rs 450-500 crore (Rs 4.5-5 billion).
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
Air India Express currently operates 145 daily flights, down from about 200 six months ago.
Etihad and Qatar Airways have held informal talks with Kingfisher and SpiceJet to expand their footprints in India.
The move comes amid expectations that the government would allow foreign airlines to invest directly in Indian carriers.
Several PE managers now prefer Sanskrit names for their funds over typical foreign names
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
Also limits on-flight catering costs at foreign airports to save cost
Aviation companies plan to join hands for importing aviation turbine fuel (ATF) in a bid to bring down their fuel bills.
IATA informed travel agents that they would have to remit the ticket sale proceeds to airlines every week.
Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital.
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