Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Swaraj said the air strike was carried out in self-defence.
A North Atlantic Treaty Organisation air strike destroyed buildings inside Muammar Gaddafi's office in the capital Tripoli on Monday as forces loyal to the embattled leader pounded western Misurata, despite the regime announcing halt to operations in the besieged city.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
Announcing the hotline, the Chinese defence ministry said as agreed upon by the defence departments of China and Japan, the two sides have recently completed the construction of a direct telephone line for the sea and air liaison mechanism and will maintain communication on the arrangement for the launch.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
The government also sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
Officials differ, say firm should first fly regional.
'They should not forget that had we decided not to rebel, they would still be chanting slogans from the footsteps of the Vidhan Sabha.'
National Aviation Company, the name of the proposed merged entity of Air India and Indian Airlines, plans to launch a value carrier to take on the challenge from JetLite and Air Deccan.
Proceeds may be used to partly pay off its Rs 46,570-cr debt
Four Indian Air Force Sukhoi-30 MKI fighter jets and two C-17 heavy-lift aircraft have joined the 17-nation air combat exercise in Australia.
No deal has been signed between Air Sahara and Jet Airways, but discussions are on for a strategic alliance between the two private carriers.
'...for success like the BJP.' 'The BJP's work for the next election begins the day one election ends.'
The minister said it was important to have a flag carrier.
The alliance for engine maintenance, repair and overhaul would work under the brand The A Team.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
'They just say we agree to your demands in the meetings, which is lip service. But on the ground they do not implement anything.'
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
SpiceJet, IndiGo, Jet Airways, Alliance Air, and Turbo Aviation are among the operators that have bagged the routes in the third round.
While the latest airline to join the Star Alliance has met its target on occupancy for May, it remains woefully short on several other counts.
All the major parties seem to be waiting for their rivals to blink first as forging alliances has apparently become a tricky affair in the newly-born state of Telangana, which has 17 parliamentary and 119 assembly constituencies that will go to polls on April 30.
Ashwani Lohani is presently working as Managing Director of Madhya Pradesh Tourism Development Corporation in Bhopal.
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
The departure of several flights from Chennai has been pushed due to the delayed incoming flights from Mumbai.
The advertisement carries Sena's bow-and-arrow symbol and images of Prime Minister Narendra Modi and CM Shinde. It has no image or photo of Shiv Sena founder late Balasaheb Thackeray, a noticeable departure going by its earlier publicity materials.
The merger of Air India and Indian will move from the boardroom to the skies on August 1, with the launch of first non-stop flight of the combined entity to the US.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Air that people breathe in Indian cities is among the worst in the world.
The caste survey in Bihar was conducted in two rounds between January 7-21, and April 15-May 15.
Out of the total amount, Rs 17,359.77 crore is aircraft loan, while Rs 31,517.04 crore is working capital loan.
Air India and Singapore Airlines have signed a bilateral agreement that would enable passengers of either carrier to earn and redeem miles on flights operated by the other.
The issue of fog and low visibility primarily impacts airports in northern India and Bengaluru.
Air India has officially opened its European hub at the Frankfurt International Airport from where it will operate its west-bound flights.
