State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
It might have been the season of Basant Panchami, but for Pasbola it was definitely Halloween as he set about scaring the wits out of Rangwala, his tone growing harsher.
Almost all Indian airlines like SpiceJet, IndiGo, GoAir, Jet Airways and Air India, have been offering discounted fares on domestic sectors almost on a month-to-month basis.
Domestic airlines witnessed 10 per cent rise in sales in 2014.
Aviation regulators says airlines are free to fix fares.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
Domestic airlines may increase foreign flight frequencies
Jet Airways remains the number one airline serving foreign routes.
The largest domestic carrier IndiGo is set to renew the insurance cover for its fleet this month, Air India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
Life of air passengers was different in the 1970s.
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.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
A UN team had visited the Patna airport and expressed concerns.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
Competition promotes innovation in the business model, creating sustainable value.
The airline pitches its product and service, keeps silent about price in a new campaign as it looks to win over young business travelers.
While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture
To introduce 'Guest First' programme to attract corporate customers; its market share and load factor lower than rivals
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
DGCA rules require pilots to service a six-month notice.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
Most airlines lose 30 pilots a year. Vistara has lost only 2 in 18 months.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
AI also working on proposal to trim pilots' pay 15-20%
India's main hubs are bursting at the seams.
Majority of India's international routes have been captured by foreign airlines.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Jet Airways is imposing $50 surcharge on economy class fare on its Gulf flights.
Industrialist Ness Wadia, facing allegations of molesting his former girlfriend and Bollywood actress Preity Zinta, on Wednesday wrote to the Mumbai police listing the names of nine witnesses he wants quizzed in the case even as investigators are likely to record his statement in the next 48 hours.
In March this year, domestic air traffic had spiked by 1.6 per cent to 5.18 million passengers, compared to 5.1 million in March 2012.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
Tata-SIA will kick off with full-service domestic operations.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
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