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.
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."
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.
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.
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.
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.
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.
A senior government official informed AAI had agreed not to withdraw the credit facility of SpiceJet till Monday.
Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.
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.
Mimi will be directed by Kriti's Luka Chuppi director, Laxman Utekar.
Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.
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.
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.
Country's archers have proved their mettle at the international level but they tend to choke at the biggest stage.
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.
Here are Sukanya Verma's favourite female performances of 2021.
Rajasthan's royal architecture and striking landscapes are a hot favourite among tourists and film-makers. Its majestic beauty and history has coloured many a movies and their visuals to unforgettable effect.
The government is looking at a new timeline for Air India disinvestment and financial bids will be invited in the coming days, Union minister Hardeep Singh Puri said on Friday. Noting that there is no choice but to either "privatise or close" Air India, he said the government will have to keep the airline running till it gets divested. "We are looking at another timeline now, what is called data room for prospective bidders to look at... that is opened up, 64 days for the financial bids to come in. "After that it is the question of taking a decision and handing over the airline," the Minister of State for Civil Aviation said.
Trade union leader M K Pandhe says the Airport Authority of India can build better airports than private companies.
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.
'Digital Flight Data Recorder (DFDR) and Cockpit Voice Recorder (CVR) of the ill-fated aircraft have been retrieved. AAIB (Aircraft Accident Investigation Bureau) is conducting investigations,' Civil Aviation Minister Hardeep Singh Puri tweeted, as fresh questions were raised on the safety parameters of the runway.
Move is aimed at bringing private operators to run airports.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Various airlines, including the defunct Kingfisher, owed Rs 3,030 crore (Rs 30.30 billion) to the Airports Authority of India (AAI) at the end of December last year.
'Why did he do this?'
'He had achieved everything.'
A ministry spokesperson said he wasn't aware of the development.
Spicejet has sought extention from the Airports Authority of India over payment schedule.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
Kriti makes you smile and cry through her unexpected journey, notes Sukanya Verma.
Minister of state for aviation Mahesh Sharma said that his ministry has requested the airlines to maintain price cap in this time of crisis.
Contact could not be established with the Indian Air Force flight IFC 31 after it left Male ATC for Mauritius airspace on Saturday, the Airports Authority of India said in a statement.
Mumbai International Airport Ltd (MIAL), the private airport operator, had earlier announced that all operations at the CSMIA will remain suspended between 2.30 pm and 7 pm as a precautionary measure in view of the cyclone Nisarga.
Govt plans to open restricted airspace that will cut travelling time and fuel consumption.
Clueless about their future in the wake of Archery Association of India's (AAI) derecognition, the young marksmen hope to make an appeal through their players' association with the season scheduled to commence in a couple of months time.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
Kerala Home minister Ramesh Chennithala said an inquiry has been ordered.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
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