V Thulasidas, an officer of the Indian Administrative Service of Tripura cadre, on Monday, took over as the chairman and managing director of Air-India.
Cash-strapped Air India is in the process of finalising appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore (Rs 350 million) annually, sources said.
According to HAL, "this is the biggest ever order that HAL has placed on any Indian company boosting 'Atmanirbhar Bharat' campaign."
The flight connecting the Silicon Valley and the Silicon City is expected to benefit software professionals traveling to the Silicon Valley.
Air India Chairman and Managing Director Arvind Jadhav, has finally looked towards his employees for suggestions after trying many consultants in the past for reviving the debt-ridden state-run carrier.
Air India has decided to set up an aircraft maintenance, repair and overhauling facility centre in Thiruvanathapuram, V Thulasidas, CMD, Air India said on Monday.
While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.
The flight was scheduled to depart at 1.45 pm but due to the non-availability of the pilot it could take off only at 2.30 pm.
Cash-strapped Air India, whose management has been considering slashing salaries and allowances of its employees, has signed an MoU with its officers' association to pay interim relief which would put an annual burden of Rs 36 crore.
He also assured the kin of victims that steps would be taken to get them compensation in line with an international convention of International Civil Aviation Organisation (ICAO). Taking stock of the crash of the Dubai-Kozhikode AIE flight in Kozhikode and the relief measures, the minister said pilot in-command of the plane, Captain Deepak Vasant Sathe, among those killed in the accident, was one of the most experienced commanders with more than 10,000 flying hours.
The overall responsibility of the low-cost carrier, Air India Express, would be that of Joint Managing Director Vishwapati Trivedi, with P P Singh being appointed its Chief Operating Officer. Both of them would be based in Delhi, sources said.
Activist Subhash Chandra Agarwal had appealed to the CIC saying that the government had not provided "any information on the ground that the desired records constituted Cabinet papers and therefore could not be disclosed."
Civil Aviation minister says that certain regulations restricting the growth in the aviation sector needs to be re-looked to attract investments.
The exercise, which will come into effect from July 15, would also see shuffling of eight general manager level and three deputy general manager level officers, airline sources said.
Raghu Menon, CMD of National Aviation Company of India (Nacil), had said last year that more than 70 per cent of the merger process would be completed by the end of FY09.
As the process to merge Air India and Indian gathers momentum, a business model that is understood to have found acceptance among officials has recommended creation of the post of a group CMD for the merged entity.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Passengers in 200 railway stations across India will soon be able to recharge their mobiles, pay electricity bills, fill up Aadhaar and Pan card forms and even file taxes with help from Common Service Centre (CSC) kiosks to be set up by RailTel. The scheme has been operationalised in partnership with CSC e-Governance Services India Limited' (CSC-SPV) and the Ministry of Electronics & Information Technology, RailTel said in a statement. The kiosks will be run by village level entrepreneurs (VLEs).
The fare will be cheaper as it will be capped at Rs 2,500 per passenger.
Under the deal, Russia will provide design, technology know how and key materials to GSL for construction of the ships in India.
Maharashtra, which contributes between 12 and 15 per cent of appliances sales, announced lockdown-like curbs, meaning there will be no business for the second half of the month as well from the state.
The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
The decision was taken after Prime Minister Narendra Modi announced that the lockdown across the country will be extended till May 3 to fight the coronavirus pandemic.
Prabhu said he was 'extremely pained by the unfortunate accidents, injuries to passengers and loss of precious lives'.
Higher prices are burdening household budgets and threatening the margins of leading manufacturers.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
"It is my first sortie in Tejas, it is a good aircraft for induction into IAF operations," Raha was quoted as saying by the aircraft maker Hindustan Aeronautics Limited.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
There were about 290 bandhs, blockades called by numerous organisations during fiscal 2012-13.
Can it take Hero Impulse's legacy to the next level? Can it rival Royal Enfield's Himalayan?
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
'He is 47 years old and not married. Since his son or daughter can contest for Parliament only 25 years after being born, the earliest, if he marries in December, would be 2043.' 'So this, pretty much, is the end of the road for dynastic rule in the party,' says T C A Srinivasa-Raghavan.
Dr Rekha Shetty, who consults several corporations on long-term innovation initiatives, draws up a list.
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