Govt revokes nod for Turkish firm Celebi's airport services; DIAL ends ties

Aviation watchdog BCAS on Thursday revoked the security clearance for Turkish company Celebi Airport Services India Pvt Ltd in the "interest of national security", days after Turkiye backed......

Modi, Sanchez unveil facility to manufacture military aircraft

Prime Minister Narendra Modi and Spanish PM Pedro Sanchez on Monday inaugurated the Tata Aircraft Complex in Vadodara, India's first private facility to build military planes, where C295 aircraft......

ED summons Praful Patel in UPA-era aviation scam

The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector. The Enforcement Directorate has summoned senior......

India, France to jointly develop jet, helicopter engines; to build submarines

India and France on Friday announced a raft of "ground-breaking" defence cooperation projects, including the joint development of jet and helicopter engines and the construction of three Scorpene......

Tribunal orders liquidation of Go First

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.......

Good news for RIL, ONGC as govt scraps windfall tax

The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil......

Air India seeks help for selling securities of its PF trusts

Divestment-bound Air India is looking to sell securities of its two provident trusts AIEPF and IAEPF, and has sought applications for transaction advisors to help with the proposed sale of the......

Air India seeks $2.3-billion ECBs to pare debt

State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan......