The Forbes magazine had adjudged Maran as the 38th richest man in India, with a net worth of $2.3 billion (as of September).
While fares on the Delhi-Mumbai route have risen 45 per cent, Delhi-Bengaluru and Mumbai-Bengaluru tickets are priced 57 per cent and 42.5 per cent higher, respectively.
In what could be one of the largest launches in the telecom services space, Reliance Jio Infocomm is set to roll out its 4G LTE services in 800 Indian cities between April and June next year.
Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.
The airline not to be put on cash and carry mode
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
The proposed Road Transport & Safety Bill, expected to soon be cleared by the government, has for the first time incorporated clauses to bring companies such as like Uber, termed "aggregators", under the ambit of regulation.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
The panel will be asked to give report by March-April next year.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
He has drawn fresh strategies to take his businesses to the next level.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
Today, Suzuki depends on Maruti for its place in the world
The number of matches in the tournament will come down by 44 per cent, from 60 to 34, if the tournament is played among six instead of eight teams.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
The airports were refurbished at the cost of Rs 2,325 cr and Rs 2,015 cr respectively but there have been various complaints.
Need for consent of affected families and social-impact assessment could go.
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