SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
The carrier is implementing a number of measures.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
Indian boxer Pavitra (60kg) advanced to the quarter-finals of the Asian Games after out-classing Pakistan's Rukhsana Perveen in a bout that did not go beyond the opening round, in Jakarta, on Saturday.
India's campaign in the Asian Games gymnastics ended, on Friday, without a medal after Dipa Karmakar finished fifth in the women's balance beam event final in Jakarta.
It offers fares as low as Rs 1,499 for a one-way journey.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
'There are enough funds to solve this problem.'
A large number of foreign nationals including Dutch, Israelis and at least around 1,000 Canadians are still stranded in parts of Nepal, a week after the earthquake battered the Himalayan nation.
'What will work is not fear of the law, but of real and swift prosecution under the law.' 'That can now be a possibility thanks to the Supreme Court judgment.'
With the state police pursuing only notorious criminals, petty thugs continue to prey on victims.
'Across the country -- in Tamil Nadu, Jharkhand, Manipur, Delhi, Bihar, West Bengal -- men were lynched on suspicion of being thieves by ordinary people armed with rods and sticks.' 'But none of these lynchings made big news.' 'None of these lynchings were cow/beef-related.' 'The perpetrators were unknown people, not so-called gau rakshaks.' 'So why were these instances of mob violence considered less newsworthy than cow-related lynchings?' asks Jyoti Punwani.
In a surprise move, the Bharatiya Janata Party has decided to filed Madhya Pradesh Chief Minister Shivraj Singh Chouhan from the Vidisha seat along with Budhni, from where he has already filed his nomination for the assembly election.
The chief minister said any distortion of historical facts will not be tolerated.
The RJD chief said, "Bihar mandate is a big slap on the Narendra Modi government. PM Modi wanted to fool people of Bihar but they understood his nefarious designs."
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
'You can't go on creating division and rhetoric of hate.' 'It comes to roost. We are seeing the first glimpses of that in the state elections.'
The prospective owners of Indian low-cost carrier SpiceJet Ltd plan to cut the airline's fleet, shrink its network and return to a "plain vanilla" business model to achieve profitability, two people close to the investors said.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
A summary of sports events and sports persons, who made news on Wednesday
Some eyewitnesses alleged that the victims suffered bullet wounds but district authorities denied that there was any firing by police
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
UDAN scheme takes off; fares capped at Rs 2,500 for 1-hr flight
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
We celebrate Independence Day with this special feature, published on Rediff.com in January 2013.
The fare will be cheaper as it will be capped at Rs 2,500 per passenger.
All you need to know about preparing for the Civil Services examination
BBAM seeks $100 million, return of 6 Boeing 737s.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
Congress on Monday announced a slew of populist measures including sops to farmers, students, unemployed youths, minorities, raising subsidised LPG cylinders from 9 to 12 and constitution of Vidhan Parishad in its manifesto for the Madhya Pradesh assembly elections.
Competition promotes innovation in the business model, creating sustainable value.
'A fierce crusader against communalism, George joined hands with majoritarian forces, never to revisit or re-assess his saffron association.' 'He was a Union minister in 1998-2004, a time when people like Graham Staines were lynched in Orissa.' 'On the Gujarat pogrom of 2002, George went on to kind of justify the slashing of pregnant women, by saying in the Lok Sabha that this was nothing new for India.' 'Thus, he was in sharp contrast to what he had himself stood for in the heyday of his political career in the 1970s and 1980s, says Mohammad Sajjad.
Competition is intense and with the blurring of differences in service proposition and fares, it becomes imperative that airlines use their on-time performance for messaging and brand building.
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
'There is core BJP support on the Hindutva line. It will continue.' 'Along with that, the BJP is ready to play the OBCs trifurcation card to its benefit.' 'If you see the post-Kairana result, the BJP spokespersons and IT cell have already begun talking about Hindu unity against Muslim unity, Ram vs Allah.'
Taapsee is super. But that's not to say that the rest of the cast isn't tremendous, says Vaihayasi Pande Daniel.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
More than 25 years after the Babri Masjid was destroyed, another generation proclaims its commitment to building a Ram temple.