IndiGo is providing digital solutions to everyday problems, attracting customers to digital platforms and engaging start-ups to find solutions
Saturday's mid-air engine failure on Indigo flight prompts scrutiny.
DGCA was irked by was a video on social media that showed passengers dancing on board a midair flight. The regulator has summoned the airline officials seeking an explanation.
An unprecedented decision to form a ministerial-level committee was driven by fears of witch-hunt by investigating agencies.
After complaints that the new law may impact employment of women, the government has framed a scheme to provide monetary incentive to companies, reports Somesh Jha.
The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.
BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement
Airfares in Indian market are unsustainable, says a senior Boeing official.
'His (Das) approach to work seems that of working as a team with ease in communication.'
IndiGo will seek board approval for Dutta's appointment soon. Till then, promoter Rahul Bhatia will continue to act as interim CEO.
The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.
It is Air India's only profitable subsidiary. In 2016-17, it clocked a profit of over Rs 33.4 crore, earning Rs 620 crore in revenues from its handling operations.
The airline has been defaulting on salaries for some time, making partial payments in some cases or not paying at all, as it continues to lose money mainly in domestic routes where it can't raise fares facing competition from low-cost airlines.
The revised policy, which has come into effect since last week, means passengers who are looking to skip the long queues at airports will have to shell out a fee for it. For IndiGo, the lowest seat fees is Rs 100 while for SpiceJet it is Rs 99.
The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.
The plan is to charge 30 per cent less. Travel sector executives say if IndiGo is able to do so, it could create a new class of flyers.
But the regulator has dropped the proposal of asking flyers to maintain 30 seconds of silence.
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