Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
Govt working on policy to regularise migrant workers, labour ministry puts out broad contours of the policy for public discussion
GMR-led Delhi Airport had accepted the government's request to shift UDAN flights to Hindon Air Force Base, but airlines say poor last mile connectivity will have to be dealt with first before starting operations
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
Government officials favoured compulsory biometric identification but said it did not happen because of the Supreme Court judgment on Aadhaar
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Import curbs on Chinese panels and modules may help, but low demand and capacity remain problem areas, says Shreya Jai.
Rains made the job more challenging as it was making the ground soft, the AIESL CEO said.
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
Corporates understand that the PMO drives all key decisions in this government.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.
At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
GST impact: Higher lease payouts may hit airlines, cab aggregators.
Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.
Engine snag forces IndiGo to ground 7 new aircraft
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