A memorandum of understanding was signed by the AAI and the Jharkhand government for establishing airports in both the cities in the presence of AAI Chairman and Jharkhand Chief Minister Arjun Munda.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
Theek nahi lagta, a song written by Lata Mangeshkar's favourite lyricist Gulzar, was believed to have been lost.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
Delhi International Airport, a subsidiary of GMR Infrastructure, will absorb all general employees of Airports Authority of India, working at Indira Gandhi International Airport, New Delhi. There are over 2,300 general employees of AAI.
The proposal was mooted at a Prime Minister's Office meeting.
AAI would like the company to operate as a subsidiary in order to make sure that the revenue does not go out of its kitty.
The move will help increase participation of retail investors, providing momentum to the primary market.
In a series of tweets, Civil Aviation Minister Suresh Prabhu said Friday that all airlines must immediately respond to the concerns of passengers affected by Cyclone Fani.
From a dismal Airport Service Quality ranking of 101 in 2006, it topped the list in 2016.
Deepika Kumari and Atanu Das who had been engaged since 2018, zeroed in on June 30, knowing that the situation will be eased by September,
While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.
The civil aviation sector is witnessing a number of initiatives
Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated $200 million investment plan, sources said on Thursday.
There is no reason for keeping an entire ministry with a total staff strength of 2,300, just for the oversight of a few aviation sector laws and regulatory bodies, notes A K Bhattacharya.
SpiceJet slumped slumped almost 14 per cent amid reports that the Airports Authority of India (AAI) has decided to withdraw credit facility to the low-cost carrier.
The new ATC tower, being built at the Indira Gandhi International Airport in New Delhi by the Airports Authority of India, will be about 90-95 mt in height, taller than even the famous Qutub Minar.
...Set house in order soon or Indian archers will compete under world body flag
'You are with each other 24x7, so how can you ignore someone crying next to you?' 'How can you not share a piece of chicken with someone who is sitting next to you and watching you eat it?' 'Of course, you will share.' 'And you become friends with the kind of people you never thought you'd even know.'
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
A Delhi-bound SpiceJet plane hit a stray buffalo on the runway while rolling for take-off from Surat airport late Thursday night, providing anxious moments to the 146 people on board.
Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
On Mother's Day, stars post adorable pix with their moms.
The Adanis', which already has won the bids to run six Airport Authority-built non-metro airports in Lucknow, Jaipur, Guwahati, Ahmedabad, Thiruvananthapuram and Mangalore, bid to enter the country's second busiest airport by buying out Bid Services Division Mauritius from MIAL was stalled after GVK chose to exercise its first right of refusal, and matched the Rs 1,248-crore offer that the Adanis made to the Bidvest in March.
India's main hubs are bursting at the seams.
The watchdog would also endeavour to do its best to help the company revive its operations within the set regulatory framework.
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
Anil Ambani Group company Reliance Energy, top conglomerate Tatas and engineering giant L&T are among the shorlisted bidders for upgradation of Amritsar and Udaipur airports, financial bids for which will be invited by month-end. Airport Authority of India (AAI) had shortlisted five bidders each for the two airports. AAI will invite the request for proposals by month end and the outcome of this will be known possibly by middle of June. Fraport and Lanco are also shortlisted.
The Indian contingent, comprising under-20 boys and girls archers, were scheduled to leave for the United States on Friday for the June 8-14 event in Yankton, South Dakota, but the US embassy granted visas to only seven archers, two coaches and a Sports Authority of India official while rejecting 20, thereby putting serious doubts over India's participation in the event.
Masks, sanitisers and strict social distancing measures would be in place when top Indian archers Deepika Kumari and Atanu Das tie the knot at Morabadi in Ranchi on Tuesday. Getting hitched amid the COVID-19 pandemic to make use of the "free time", the duo's invitation cards carry small notes that request the guests to adhere to the government's COVID-19 guidelines.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
The airports run by leading private operators GMR and GVK, especially those in Delhi and Mumbai, are turning out to be cash cows for the government.
The appointment of Agarwal, who would replace Dr K Ramalingam, has been approved by the Appointments Committee of the Union Cabinet, official sources said.Agarwal has been member (Planning) of the state-owned airports body since November 2006 and had served as executive director of the Northern and Northeastern Region earlier.
The Airports Authority of India has plans to give a facelift to the Juhu airstrip (India's first civil aviation airport) within a year. AAI will be investing around Rs 75 crore to Rs 80 crore in this project.
A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities.
A total 34 aircraft of various airlines were stranded at the airport due to the flooding caused by torrential rains.
Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India.
That it has been threatening to review this rule for a while is old hat anyway.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
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