Surajeet Dasgupta &Amp; Mihir Mishra In New Delhi

Stories by Surajeet Dasgupta &Amp; Mihir Mishra In New Delhi

Diktat on helipads to hit industry

Diktat on helipads to hit industry

Rediff.com   12 Jul 2010

It would also hit the over 20 helipads that were being planned by corporate houses, hotels and individuals.

Plan panel document trigger for 'armchair' remark

Plan panel document trigger for 'armchair' remark

Rediff.com   7 Jul 2010

Though the controversy between the Planning Commission and the road transport ministry is old, the trigger for Road Transport and Highways Minister Kamal Nath calling the Commission an 'armchair advisor' seems to be a document of the Planning Commission.

LTE may score over WiMAX in broadband race

LTE may score over WiMAX in broadband race

Rediff.com   6 Jul 2010

Both Long Term Evolution Time Division Duplex and Worldwide Interoperability for Microwave Access are broadband wireless access technologies.

JetLite to deposit Rs 100 cr in Sahara tax dispute

JetLite to deposit Rs 100 cr in Sahara tax dispute

Rediff.com   1 Jul 2010

The government's contention was that Sahara Airlines Ltd (now JetLite) was promoting the real estate and housing business and area operations of Sahara India Commercial Corporation.

AI has less room for cost cuts

AI has less room for cost cuts

Rediff.com   14 Jun 2010

As per 2009 estimates, two major expenditure verticals were fuel cost, with 34.2 per cent, and staff cost, with 16.2 per cent.

Air India JV won't employ its surplus staff

Air India JV won't employ its surplus staff

Rediff.com   12 Jun 2010

Air India-Singapore Airport Terminal Services, the ground handling arm of the state-owned carrier, will hire 90 per cent of its workforce on contract to start operations at the new terminal of the Delhi airport, according to a senior Air India official. AISATS is a 50:50 profit sharing joint venture between AI and the Singapore-based company. The airline selected SATS as its partner in September 2008.

DIAL to lease land to clear debt

DIAL to lease land to clear debt

Rediff.com   18 May 2010

The consortium will use money from commercial development to pay off Rs 5,000-crore debt (Rs 50 billion).

Two airports likely for Goa

Two airports likely for Goa

Rediff.com   17 May 2010

Tourists who come from across the world to laze around in the balmy beaches of Goa will now have another attraction - it will have not one but two airports.

Union deregistration: Jet pilots to move tribunal

Union deregistration: Jet pilots to move tribunal

Rediff.com   10 May 2010

Having lost their case in the Bombay High Court (HC) against deregistration of their union, Jet Airways pilots plan to go to an industrial tribunal.

Low-cost airlines pull down global fares

Low-cost airlines pull down global fares

Rediff.com   3 May 2010

Seats being offered by LCCs in international routes up from 3% of the total last year to 10%.

Low-cost biz class fails to worry competition

Low-cost biz class fails to worry competition

Rediff.com   3 May 2010

Full-service carriers remain unfazed by the introduction of the business class segment by budget airlines.

ATC officers caught in turbulent weather

ATC officers caught in turbulent weather

Rediff.com   27 Apr 2010

An ATC officer's job requires 100 per cent concentration and a break after every one-and-a-half hours.

SpiceJet to raise Rs 335 cr, stake sale possible

SpiceJet to raise Rs 335 cr, stake sale possible

Rediff.com   21 Apr 2010

Low-cost air carrier SpiceJet is looking at ways to raise around $75 million (Rs 335 crore). The airline has given the mandate to IDFC-SSKI for raising funds through preferential allotment of shares and strategic sale. "IDFC-SSKI is working on it and the money will be raised through both preferential allotment of shares and strategic sale," said a Mumbai-based investment banker, who is associated in this deal.

Low-cost carriers fly high on capacity

Low-cost carriers fly high on capacity

Rediff.com   16 Apr 2010

To add aircraft, more services this year, even as full-service airlines hold their expansion plans.

New twist in bid for Spicejet

New twist in bid for Spicejet

Rediff.com   1 Apr 2010

Sun TV promoter Kalanithi Maran, through his advisors, is talking to hedge fund Wilbur L Ross to buy its entire 30 per cent stake in low-cost carrier SpiceJet Ltd.

NHAI close to acquiring 80% land for June projects

NHAI close to acquiring 80% land for June projects

Rediff.com   31 Mar 2010

The time taken in land acquisition has been drastically brought down to 12 months from 24 months earlier.

2 years on, AI-IA staff integration fails to fly

2 years on, AI-IA staff integration fails to fly

Rediff.com   29 Mar 2010

National Aviation Company Ltd (Nacil), the entity formed by the merger of Air India and Indian Airlines, has failed to keep up to its promise -- it is yet to provide equal access to a large part of the 30,000 employees under its fold.

Air India may opt for IPO to fund recovery

Air India may opt for IPO to fund recovery

Rediff.com   24 Mar 2010

As a pre-requisite, the airline has taken the first step by appointing four independent directors to the state-owned company's expanded 13-member board. Stock exchange listing requirements mandate that one-third of a company's board must consist of independent directors.

NHAI projects: Settlement may free Rs 10,000 cr

NHAI projects: Settlement may free Rs 10,000 cr

Rediff.com   17 Mar 2010

The move, if accepted, will help resolve nearly one-third of the 1,200 cases on payments pending in various courts in the country.

AAI mulls PPP cure for 15 defunct airports

AAI mulls PPP cure for 15 defunct airports

Rediff.com   5 Mar 2010

The Airports Authority of India plans to privatise 15 out of 40 non-operational airports across the country on a public-private partnership basis to make them function again."Out of 40 non-operational airports, 15 have the potential to operate and we have planned to give the airports to private developers to operate it for a concession period," said a top AAI official, who did not wish to be identified.