ITDC/Aldeasa, a joint venture between state-owned Indian Tourism Development Corporation and Spanish company Aldeasa, had bagged the contract for duty-free operations at Mumbai airport for Rs 571 crore (Rs 5.71 billion) in February. Operations were to start in June. Instead, two weeks ago, Aldeasa wrote to MIAL saying that the contract value should be reduced to Rs 250 crore (Rs 2.5 billion).
An anthropologist and academician from the United Kingdom involved in research on fishing communities in Kerala on Monday approached the Delhi high court against denial of entry into India and his deportation upon arrival at Thiruvananthapuram airport earlier this year.
The Airports Authority of India has plans to give a facelift to the Juhu airstrip (India's first civil aviation airport) within a year. AAI will be investing around Rs 75 crore to Rs 80 crore in this project.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
Six senior Airports Authority of India officials have been suspended after a preliminary CBI probe found them allegedly favouring a private firm while awarding ground handling service contracts at some airports.
Wide-body aircraft like B747 and A350 have a bigger fuel tank and can therefore travel longer distances in comparison to narrow-body aircraft like B737 and A320. A wide-body aircraft also needs a longer runway length to take off or land. The table top runway 10 of the Kozhikode airport is approximately 2,700 metres long. Wide-body aircraft operations were permitted at this airport from 2019.
'If Israel had stuck to the peace accords, Hamas would have had no one to fight.'
The 'Holi celebrations' event was organised by the Governor in the honour of the visiting dignitary and his delegation.
India's triumphant Tokyo Olympics contingent, including history-making Javelin Throw gold-medallist Neeraj Chopra, returned to the country on Monday and was greeted by frenzy and chaos at the New Delhi airport, where supporters jostled to catch a glimpse of their sporting heroes.
Adani Ports and Special Economic Zone and Adani Green Energy are the other two Adani Group firms to have crossed the Rs 1-trillion mark in m-cap.
That it has been threatening to review this rule for a while is old hat anyway.
India has launched Operation Ajay to facilitate the return of those who wish to come back home as a series of brazen attacks on Israeli towns by Hamas militants over the weekend triggered fresh tension in the region.
The Governor and the ruling LDF in the state have been at loggerheads since the Supreme Court verdict quashing the reappointment of Gopinath Ravindran as VC of Kannur University and berating the Left government for its "unwarranted intervention" in the matter.
A United States national was deported on his arrival at the IGI airport in New Delhi in the wee hours of Friday after he was found to have allegedly violated visa norms during his previous visit to the country.
Air India stares at an operational loss of Rs 2,171 crore in 2014-15.
Online travel portals are flooded with flight and train bookings, hotels teeming with requests for accommodation, and spiritual merchandise on e-commerce platforms is selling like hotcakes. As the consecration ceremony of Ram Mandir in Ayodhya on January 22 draws near, Indians across the country are putting their travelling boots on as the temple frenzy catches on. India's largest travel technology (traveltech) platform MakeMyTrip (MMT) has witnessed a substantial four-fold increase in bookings for Ayodhya compared to the previous year.
The Airports Authority of India (AAI) has asked for selective exemption from the order to seek permission from the Union cabinet before the sale or long-term lease of any land of the government or a government-controlled statutory body.
AAI's plea to raise a similar amount through tax-free infrastructure bonds in 2009 to develop 35 non-metro airports was rejected by the government then. The modernisation and upgradation work on many of these airports has already been completed.
In a move that would have a major impact on flight services across the country, around 15,000 employees of the Airports Authority of India (AAI) are planning to go on an indefinite countrywide strike from May 1.
After the accident on Friday, Virudhunagar MP Manickam Tagore, Ludhiana MP Ravneet Singh Bittu and Thiruvananthapuram MP Shashi Tharoor alleged on Twitter that there were safety lapses on the part of the civil aviation ministry.
This would be a key function of the Airport Economic Regulatory Authority, to be set up to regulate tariffs, said a civil aviation ministry official.
The services of Kingfisher can be restored only after the DGCA is convinced that the carrier can provide safe and sustainable operations.
Tension prevailed at the Chhatrapati Shivaji International Airport in Mumbai on Wednesday afternoon as an Air India flight from Jeddah carrying more than 286 persons was about to make an emergency landing.
China plans to build a new highway along the Line of Actual Control (LAC) with India as part of Beijing's efforts to strengthen its strategic position and project its power, a media report said on Wednesday.
The GVK Group-run MIAL issued a notice to the airline on Thursday.
'India has gone digital. They talk about the success of India's Chandrayaan mission but they cannot evacuate our people trapped for around a week'
The lawsuits filed for recovering dues of Rs 300 crore from Kingfisher Airlines is exclusive of payments guarantees given by banks.
The Rajiv Gandhi International Airport, which is being developed by GMR on the outskirts of Hyderabad, will be the first greenfield public-private partnership (PPP) airport to be operational in March 16.
Kingfisher, Jet and state-owned Air owe Rs 4,000 crore to oil companies and airports. Dues to the Airports Authority of India, private airports and oil companies IOC, BPCL and HPCL were to have been cleared by March 31, under the government's mandate. Industry figures show that the three airlines are collectively projected to make operating losses of Rs 5,000 crore.
The government is organising evacuation flights for Indians in Ukraine, the sources said, adding that the cost will be completely borne by the government.
According to the resolution plan, the airline is planning to start with six to seven aircraft on domestic routes and looking to restart international service within six months of resuming operations.
The accident occurred at 7:45 pm while the pilot was attempting to land the B737 Air India Express from Dubai at the tabletop runway of the Karipur International Airport.
The government considering creation of a an Airport Economic Regulatory Authority to ensure a level playing field for all airport developers in the country, according to Ministry of civil aviation joint secretary K N Srivastav.
Hundreds of pilots are staring at a long wait to get the job of their dreams after completing the course, the cost of which runs to Rs 1 crore.
The government on Thursday took a series of measures in view of the rising number of COVID-19 cases in several parts of the world, including China.
Yoga guru Ramdev was on Saturday cleared by United Kingdom authorities following a second round of questioning at Heathrow Airport here, a day after he was detained and quizzed by customs officials for over six hours on landing in Britain.
The aviation regulator DGCA said on Friday that it was extending the suspension of scheduled international passenger flights in the country till July 31 but added that some international scheduled services on selected routes may be permitted on a case to case basis. Scheduled international passenger flights were suspended in India on March 23 due to the coronavirus pandemic.
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.
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