News for 'Airlines Ltd'

Where are our salaries? Kingfisher's women staffers ask Mallya

Where are our salaries? Kingfisher's women staffers ask Mallya

Rediff.com8 Mar 2016

Nearly 700 of the 1,500 employees, who still claim to be on the payroll of the defunct airline, are women.

Delta to close Indian call centres

Delta to close Indian call centres

Rediff.com18 Apr 2009

America's Delta Airlines, the world's largest airline, has announced that it will close down its Indian call centres.

Air India's wishing upon Star to finally come true

Air India's wishing upon Star to finally come true

Rediff.com23 Jan 2013

Star Alliance is generally reluctant to partner with Gulf airlines, partnering with Air India is the only option for the alliance to enter the Indian market, said a senior Air India executive, who also asked not to be named.

IndiGo raises $459 mln in IPO, at upper end of range

IndiGo raises $459 mln in IPO, at upper end of range

Rediff.com2 Nov 2015

InterGlobe's IPO is India's biggest since the listing of around $750 million by Bharti Infratel Ltd in December 2012.

Delhi airport to become global air traffic hub

Delhi airport to become global air traffic hub

Rediff.com23 Aug 2012

Delhi International Airport Ltd (DIAL) is taking baby steps towards becoming an international airline hub.

Air India discounts spark price war

Air India discounts spark price war

Rediff.com15 Mar 2013

Low-cost carrier IndiGo, too, has slashed fares to match Air India's levels, but has not announced any scheme.

GMR, GVK can bid for six airports' privatisation

GMR, GVK can bid for six airports' privatisation

Rediff.com1 Oct 2013

Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.

Cairn arbitration: Govt confirms French court order against Indian assets

Cairn arbitration: Govt confirms French court order against Indian assets

Rediff.com27 Jul 2021

The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion from New Delhi after winning an arbitration against retro tax. Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy. "Yes sir, an order has been passed by a French Court freezing certain Indian government properties in the case pertaining to Cairn Energy," he said.

Do you own these stocks? EXIT them NOW

Do you own these stocks? EXIT them NOW

Rediff.com22 Sep 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Overweight airhostess moves HC against termination

Overweight airhostess moves HC against termination

Rediff.com11 Jan 2010

An airhostess has approached Delhi High Court challenging erstwhile India Airlines' decision to sack her for being "overweight".

Life time free air tickets to medal winners

Life time free air tickets to medal winners

Rediff.com14 Aug 2012

Budget airlines SpiceJet announced that it would provide free air tickets for life to all Indian medal winners at the just-concluded London Olympics.

Mayawati's brother owns an aviation company: Kirit Somaiya

Mayawati's brother owns an aviation company: Kirit Somaiya

Rediff.com7 Feb 2012

Bhartiya Janata Party leader and the party's Scam Expose Committee convener Kirit Somaiya has accused Uttar Pradesh Chief Minister Mayawati's brother of owning a private airline.

JPMorgan fund in talks for buying stake in SpiceJet

JPMorgan fund in talks for buying stake in SpiceJet

Rediff.com25 Dec 2014

JP Morgan may buy stake in debt -laden SpiceJet

Mumbai airport launches exclusive 'Export Cold Zone'

Mumbai airport launches exclusive 'Export Cold Zone'

Rediff.com21 Feb 2020

Mumbai airport is the largest gateway for movement of pharma and agro products in the country.

SpiceJet to resume flights to Bangkok from next month

SpiceJet to resume flights to Bangkok from next month

Rediff.com18 Aug 2014

Airlines' summer schedule in India commences from late March and lasts till October every year.

DGCA favours financial autonomy for AI Express

DGCA favours financial autonomy for AI Express

Rediff.com31 Jan 2012

The Directorate General of Civil Aviation (DGCA) has recommended giving financial autonomy to Air India Charters Ltd (AICL), the company which runs Air India Express, the low-cost brand of Air India operating in the international sector.

Crisis? Mallya manages to make a neat cash pile

Crisis? Mallya manages to make a neat cash pile

Rediff.com1 Nov 2012

He sold 8.84% stake for Rs 55 crore based on average stock price in September quarter.

AI director ops sacked after failing pre-flight alcohol test

AI director ops sacked after failing pre-flight alcohol test

Rediff.com13 Nov 2018

He was grounded by the airline on Sunday after he tested positive for alcohol in two breath analyser (BA) tests before he was to operate Air India's New Delhi-London flight.

Now pay heavy fee to fly from Delhi too

Now pay heavy fee to fly from Delhi too

Rediff.com2 Mar 2009

All airlines operating from Delhi would collect the development fee of Rs 200 and Rs 1,300 from each departing domestic and international passenger, respectively.

Is SpiceJet selling stake to Qatar Airways?

Is SpiceJet selling stake to Qatar Airways?

Rediff.com24 Jul 2015

The airline was forced to ground its fleet in December after running out of cash.

Yes Bank invokes Mallya's pledged shares in UB

Yes Bank invokes Mallya's pledged shares in UB

Rediff.com29 Nov 2015

Banks tighten hold on Mallya for defaults on KFA loans

Air India's Rs 2,000 cr dues worry OMCs

Air India's Rs 2,000 cr dues worry OMCs

Rediff.com31 Jul 2012

"Air India is unable to pay even after a 90-day credit period. They owe us about Rs 300 crore without interest. There is also no bank guarantee from Air India to any of the oil marketing companies. We do not know when will the company honour its dues," said a BPCL official on condition of anonymity.

Mumbai rains: 203 flights cancelled, main runway shut

Mumbai rains: 203 flights cancelled, main runway shut

Rediff.com2 Jul 2019

Besides, another 350-odd flights -- both arriving and departing -- were delayed between 28-51 minutes (till 7 pm), as per the live flight tracking website Flightradar24.

Kingfisher moves HC against payment default notice

Kingfisher moves HC against payment default notice

Rediff.com26 Aug 2014

The petition has also made the Ministry of Finance and the bank as parties in the case.

Newsmaker: The man behind the Air India strike

Newsmaker: The man behind the Air India strike

Rediff.com2 Oct 2009

The former Indian Airlines pilot won a good deal for colleagues protesting a pay cut; but others question whether the victory was good for the airline.

Kingfisher saga: HC seeks responses on PNB plea

Kingfisher saga: HC seeks responses on PNB plea

Rediff.com8 Sep 2014

A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw issued notice to the airline and the central government seeking their replies within a week on PNB's plea.

Holding too many stocks in your portfolio?

Holding too many stocks in your portfolio?

Rediff.com20 Oct 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Mumbai airport readies for Cyclone Nisarga

Mumbai airport readies for Cyclone Nisarga

Rediff.com3 Jun 2020

As part of the exercise, preventive checks at different airport functions have been carried out and the airport has ensured that diesel generator sets are in place to provide uninterrupted power supply, the MIAL said in a release.

Kingfisher faces scrutiny for accounting lapses

Kingfisher faces scrutiny for accounting lapses

Rediff.com12 Oct 2014

The airline, part of Vijay Mallya-led UB Group, has been grounded since October 2012, after being bogged down by huge and mounting losses.

UK high court deals another blow to Mallya

UK high court deals another blow to Mallya

Rediff.com17 Apr 2019

The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.

Cash-strapped IA shells out about Rs 2.5 crore

Cash-strapped IA shells out about Rs 2.5 crore

Rediff.com13 Mar 2009

Indian Airlines had to pay the amount as compensation to a British firm for aborting a pilot training contract. UK-based Storm Aviation was to train 66 pilots over the first three months of the term that cost pound 11,380 per candidate. However, IA discontinued the training after the first batch of 10 pilots. Storm Aviation filed a lawsuit demanding about pound 500,000 in compensation; IA settled out of court by paying pound 350,000.

Vijay Mallya saga: SFIO seeks loan details from banks

Vijay Mallya saga: SFIO seeks loan details from banks

Rediff.com26 Jun 2016

As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Rediff.com25 Mar 2014

Banks have been struggling hard to recover dues from grounded Kingfisher Air.

HC orders winding up of Mallya's United Breweries

HC orders winding up of Mallya's United Breweries

Rediff.com7 Feb 2017

The judge said the assets of the respondent company cannot be left under the control of UBHL and could be handed over to official liquidator to achieve the winding up process s per the law.

Air India plans to revive Vayudoot

Air India plans to revive Vayudoot

Rediff.com1 Nov 2010

Delhi-based Vayudoot was launched as a subsidiary of erstwhile Indian Airlines in January 1981 to serve the northeast region.

SpiceJet to resolve settlement disputes with lessors shortly

SpiceJet to resolve settlement disputes with lessors shortly

Rediff.com20 Mar 2015

Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.

IndiGo promoters' spat: Rahul Bhatia's tirade continues

IndiGo promoters' spat: Rahul Bhatia's tirade continues

Rediff.com10 Jul 2019

Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.

India asks US court to reject Cairn's $1.2 bn suit

India asks US court to reject Cairn's $1.2 bn suit

Rediff.com17 Aug 2021

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law. Cairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition in the US District Court for the District of Colombia, saying it lacked subject matter jurisdiction in the dispute between Cairn and the Indian tax authority, according to a filing seen by PTI.

Kingfisher lenders sell United Spirits shares to recover dues

Kingfisher lenders sell United Spirits shares to recover dues

Rediff.com10 Apr 2014

Banks who had lend to Kingfisher Air are finding it difficult to recover dues.