This is the first instance of AAI-run airports charging fee.
India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
ATC data show on an average airport capacity falls 40 per cent because of higher runway occupation time during the dense fog period.
Tendulkar thanked his mother for always loving him while Sehwag penned an emotional poem
Sharvari rocks the sari... Esha sends love from Miami... Swara adds sunshine to her wardrobe...
The government's regional connectivity scheme UDAN has witnessed a slow progress of implementation, as not even 50 per cent of the route have been operationalised and the second wave of the pandemic, which started from mid of March 2021, may impact it further going forward, according to a report. Rating agency ICRA in its report on Tuesday said that there is likely to be a further delay of two years in achieving the target of operationalising as many as 100 unserved and underserved airports and starting at least 1,000 RCS routes by 2024. Aimed at enhancing regional connectivity through fiscal support and infrastructure development, the maiden flight under the Ude Desh Ka Aam Nagrik (UDAN) scheme was flagged off by Prime Minister Narendra Modi from Shimla for Delhi on April 27, 2017.
Ace Indian archer Dola Banerjee told Rediff.com that the biggest loss in the derecognition of the boxing and archery associations will be that of players.
Ten members of the Madhya Pradesh archery contingent escaped unhurt after their coach of the Dehradun-bound Shatabdi Express caught fire on Saturday.
The Airports Authority of India would enter the capital market to raise resources for funding the modernisation of about 30 airports across the country, for which an estimated Rs 40,000 crore (Rs 400 billion) is required.
The government on Tuesday said the major private domestic airlines owed over Rs 274 crore (Rs 2.74 billion) to the Airports Authority of India for availing its services.
A day after CCTV visuals emerged of CISF personnel on the rampage at Karipur airport in Kozhikode, fresh footage of the episode has appeared in which a group of alleged Airports Authority of India officials in plainclothes are seen attacking a CISF jawan.
In a departure from its stand, the government has decided to go ahead with the privatisation of the four airports.
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
The AAI had to find a solution by the end of July as per the deadline given by the WA's executive board and since no progress has been made, the world governing body implemented the suspension order.
The Archery Association of India was forced to sack the American psychologist Allison Rodius as she has not been able to provide "quality support" to Athens-bound medal hopefuls.
It's raining amazing mommy pictures on social media, as Bollywood sends love to ma on Mother's Day.
Kushinagar is the final resting place of Gautama Buddha where he attained Mahaparinirvana after his death and is among the most important pilgrim spots for Buddhists.
After much bickering, the Airports Authority of India and the state government-promoted Maharashtra Airport Development Corporation have agreed on the shareholding pattern of the company that will develop Nagpur's proposed international airport.
Though private airports did not spell out the exact sum owed by Kingfisher, in strict confidentiality one of the private airport operators confirmed that the airline was the biggest defaulter with them. Airport charges include landing, parking, terminal and route navigation levy. Though AAI has enforceable bank guarantees, private airport operators do not have this facility.
The Centre's ambitious Rs 6-trillion National Monetisation Pipeline (NMP) could fall short of yearly targets for the current fiscal year (FY22) and the next one as well (FY23), partly due to the long gestation period in monetising big-ticket railway infrastructure, Business Standard has learnt from sources in the finance and rail ministries. Officials say the major chunk of railway monetisation will happen from FY24 onwards because leasing some of the infrastructure, like stadiums and dedicated freight corridor, will not happen anytime soon. Rail infra is expected to be the second-biggest contributor to the NMP, with about Rs 1.52 trillion worth of assets to be monetised.
The biometric entry will take place with the consent of the passenger and the present system of check-in will also co-exist.
A senior government official informed AAI had agreed not to withdraw the credit facility of SpiceJet till Monday.
Former Olympian and chief coach Limba Ram says the Archery Association of India has done 'grave injustice' to Mangal Singh Champia, who was denied a place in the team for the Rio Olympics.
Troubles never seem to end for Kingfisher Airlines with state-run Airports Authority of India on Tuesday tightening the noose saying it wanted a "firm commitment" from the grounded carrier for clearance of over Rs 390 crore (Rs 3.9 billion) worth of dues before it is allowed to fly again.
Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.
Kerala police on Sunday arrested four Central Industrial Security Force personnel in connection with destruction of property during the June 10 clash at Karipur airport.
Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.
The development comes a day after the world body de-listed the Archery Association of India for violating the constitution by unanimously electing two parallel bodies in Chandigarh and New Delhi.
'We are going to have plane crashes left, right and centre.'
With India set to compete in all four archery events of next month's London Olympics after the men's team made the cut, the country has the best chance to win a medal and script history, Archery Association Secretary General Paresh Nath Mukherjee said on Friday.
Trade union leader M K Pandhe says the Airport Authority of India can build better airports than private companies.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
The government which is proceeding with privatising six airports including those at Kolkata and Chennai, intends to give away 14 more to private parties for operation and development during the 12th Plan period, Rajya Sabha was told on Tuesday.
Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."
As the manager of a chunk of the country's airports, state-owned AAI is seeking an expansion in the norms to use its land on the city side of any airport for services that are not aviation-related. As of now, the AAI Act allows an airport operator to use land only for aviation-related services.
Mimi will be directed by Kriti's Luka Chuppi director, Laxman Utekar.
Move is aimed at bringing private operators to run airports.
Neeraj Chauhan was driven into penury as the novel coronavirus had begun to spread its ugly tentacles
