The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
'A growing segment wants to fly Vistara but may not be really ready to pay for certain products that come with a full-service carrier. That is a large segment and we can't ignore it,' says CEO Leslie Thng.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.
The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.
Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering the support to the rain-battered state on August 18.
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
Kerala floods take a toll on small businesses, NBFCs brace for losses
With a 20 hour average delay, the New Jalpaiguri Express is the queen among late-running trains.
During the first round of discovered field auctions, there were 134 bidders for the 34 blocks on offer
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
TCS will manage 'Question Creation Wizard' to frame question papers unique to each candidate with the same level of difficulty.
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
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