Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'
After some initial take off turbulence, Gopinath is now actively steering the air cargo business steadily with equity infusion from Reliance Industries.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The number of Indian passengers has jumped more than 20 per cent in the past year
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
Jet Airways is keen to improve its market share
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
The group, comprising on 147 women and 20 men, were airlifted by an Air Asia chartered flight from Kochi to the Biju Patnaik International Airport in Bhubaneswar.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
The air carrier, which currently operates 47 flights a week, is also planning to tie up with a credit card service provider to integrate the Miles and More programme.
Prithviraj Chavan will inaugurate the elevated road linking the western express highway to T2 on Wednesday morning.
'Ex-servicemen engineers and technicians are true professionals worthy of being 'Make in India' agents. They can be trusted to bring long term dividends -- it is in their character to be long term loyalists!' says Air Marshal P V Athawale (Retd).
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
They also inked a pact for cultural exchanges through 2018-2020.
After a meeting of the Group of Ministers on coronavirus, the government has proposed a set of social distancing measures to be in force till March 31, the officials told reporters.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
On Thursday, four members of the Hindu Sena, a fringe right-wing group, ransacked the fifth floor office of Pakistan International Airlines in New Delhi.
Incumbent airlines oppose the proposal.
Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
SpiceJet announced discounted fares on domestic sector.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
TCS still ace in the pack
Vistara will have to face stiff competition from Jet Airways, AirAsia
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
The red corner notice was issued on the request of the CBI against seven accused in the hijacking of the Indian Airlines plane from Kathmandu to Kandahar in southern Afghanistan on December 24, 1999 -- Yousuf Azhar, Ibrahim Athar, Sunny Ahmed Qazi, Zahoor Ibrahim, Shahid Akhter, Sayed Shakir and Abdul Rauf, they said.
A massive pan-India inoculation drive against COVID-19 was set in process on Tuesday with more than 56 lakh doses of the Covishield vaccine flown to 13 cities across India from Pune and taken to designated national and state-level stores amid tight security.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
India requested Pakistan to let Modi's aircraft fly over its airspace when he travels to Bishkek. Pakistan accorded an "in principle" approval to India's request.
