Urvi Malvania And Aneesh Phadnis

Stories by Urvi Malvania And Aneesh Phadnis

Jet's resolution professional receives Rs 24K cr worth of claims

Jet's resolution professional receives Rs 24K cr worth of claims

Rediff.com   19 Jul 2019

The IRP has admitted 33 claims from banks worth Rs 8,462 crore, and is verifying Rs 15,044-crore claims from operational creditors and staff.

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Rediff.com   4 Jul 2019

Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans.

Last-minute airfares rise 40% as rain disrupts Mumbai airport

Last-minute airfares rise 40% as rain disrupts Mumbai airport

Rediff.com   4 Jul 2019

On Tuesday 55 flights were diverted, over 200 flights were cancelled because of rain, low visibility and poor braking action on secondary runway

Planes overshoot runway thrice in 2 days: DGCA issues safety directions

Planes overshoot runway thrice in 2 days: DGCA issues safety directions

Rediff.com   3 Jul 2019

In a circular, the DGCA said, "Crew should be well aware of the aircraft limitations and of takeoff/landing performance calculations during the adverse weather operations." The regulator also said that the airlines must "make available sufficiently experienced crew in the cockpit".

World Cup reaches 315 mn viewers in first 2 weeks

World Cup reaches 315 mn viewers in first 2 weeks

Rediff.com   21 Jun 2019

Star India is showing the matches across its sports network.

How Air India plans to spread its wings in both East and West

How Air India plans to spread its wings in both East and West

Rediff.com   18 Jun 2019

Besides lining up Bali, Nairobi and Toronto flights, the airline is also planning flights from Mumbai to Hong Kong. The network expansion will help the national carrier grow its market share and capitalise on the capacity vaccum created by the collapse of Jet Airways.

World Cup Final: Star Sports, travel firms in top gear

World Cup Final: Star Sports, travel firms in top gear

Rediff.com   14 Jun 2019

July 14 features three big-ticket sporting events -- the World Cup final, the Wimbledon men's final and the British Grand Prix.

Why India fails to attract foreign tourists

Why India fails to attract foreign tourists

Rediff.com   13 Jun 2019

Tourist arrival growth down to 1.9% over poor marketing and terror threats. Airlines, too, have been forced to reroute following airspace closure. UK and Australia advised their citizens from travelling to Srinagar following the Pulwama attack.

Hindujas want to steer clear of Jet's past

Hindujas want to steer clear of Jet's past

Rediff.com   12 Jun 2019

Among the other conditions of the Hinduja group for picking up a stake in Jet is that bankers must take a haircut of 80 per cent and that they should help negotiate with operational creditors like aircraft lessors for moratorium on certain immediate payments.

Salman's Bharat crosses Rs 100 crore mark

Salman's Bharat crosses Rs 100 crore mark

Rediff.com   11 Jun 2019

Given that there are no major releases slotted for the coming weeks, Bharat should have a clear run.

Aviation security fee revision could push up airfares

Aviation security fee revision could push up airfares

Rediff.com   10 Jun 2019

Starting July 1, passengers will be charged an aviation security fee of Rs 150, as opposed to the current Rs 130 for domestic flights, and $4.85 as compared to the current $3.25 for international flights.

L&T likely to win the contract to build Navi Mumbai airport

L&T likely to win the contract to build Navi Mumbai airport

Rediff.com   10 Jun 2019

The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.

Bharat, biggest opener ever for Salman

Bharat, biggest opener ever for Salman

Rediff.com   7 Jun 2019

Bharat is the biggest opener of the year from Bollywood.

How brands are padding up for the ICC World Cup

How brands are padding up for the ICC World Cup

Rediff.com   29 May 2019

Uber, Puma, Nissan, Britannia have already lined up for the upcoming parade of cricketing nations, looking to align with the game and its legion of fans

Coming soon: 22 Netflix original movies

Coming soon: 22 Netflix original movies

Rediff.com   28 May 2019

Netflix has already released 8 and the rest 14 will be out over the next 18 months, starting with the Abhay Deol-starrer Chopstick this month.

Why Indian pharma cos are gung-ho about the US mkt

Why Indian pharma cos are gung-ho about the US mkt

Rediff.com   24 May 2019

While companies continue to face regulatory pressure leading to higher costs, they see an uptick from the launch of differentiated and high-margin products

Vistara is all set for global foray

Vistara is all set for global foray

Rediff.com   22 May 2019

Vistara appoints Vinod Kannan as chief strategy officer; plans to launch its maiden international flight to Colombo in May

Pay Rs 249/month and get contents from other apps on Tata Sky

Pay Rs 249/month and get contents from other apps on Tata Sky

Rediff.com   17 May 2019

The service will initially offer digital content from, Hotstar, Sun NXT, Eros NOW, Hungama Play via a single subscription fee of Rs 249 a month

Further turbulence for Jet as top execs bail out

Further turbulence for Jet as top execs bail out

Rediff.com   15 May 2019

The top executives who have put in their papers with immediate effect include Jet's chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma.

With Rs 100-crore endorsement kitty, is Dhoni setting up the end game?

With Rs 100-crore endorsement kitty, is Dhoni setting up the end game?

Rediff.com   14 May 2019

He is the face of the e-sports platform Dream11, the fantasy league platform, online bus ticketing platform RedBus, web hosting company, GoDaddy as well as traditional big-ticket brands such as Colgate.