The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
Swedish defence major Saab has unveiled its next generation fighter aircraft, Gripen E, which the company said is being offered to the country under the 'Make in India' initiative with transfer of technology.
A Court of Inquiry investigating the February 1 crash that killed two pilots is confronting the worrying possibility of a glitch in the flight computer that kicks in without warning, causing the aircraft to behave unpredictably.
Stories about Pok-trouble at the office have gone viral, but many say the game can also facilitate bonding among employees.
Tata's Vistara has a very strong core team to look into daily operations.
Modi announced a USD 14-million grant for community development projects in the Caricom and another USD 150 million line of credit for solar, renewable energy and climate- change related projects, a statement released by the Ministry of External Affairs said.
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
Cutting down competition as of now to just two fighters -- F-16 by Lockheed Martin and Gripen by Saab -- Defence Minister Manohar Parrikar on Tuesday said India will select one more single engine aircraft other than Tejas for indigenous manufacture under 'Make in India' route.
"I am certain that now that the growth is returning back to the world, the future holds an important direction as far as India is concerned. The sheer size of the country and economy would offer huge opportunity for investment in India in the next few years," the finance minister said in Washington, DC.
There is unlikely to be a rush towards the country unless New Delhi is ready with fairly applied regulations.
Over lunch with Jyoti Mukul, Banmali Agrawala, president and CEO, GE South Asia, discusses how GE is transforming itself into a digital industrial company.
Despite recent setback, these remain the most appropriate tool for international diversification
The letter was sent as an early warning of what was then widely being perceived as a plunder of national resources.
Jet Airways offers a huge packages toward arrears to pilots.
An expat pilot with Jet Airways hurled "racist" comments at and assaulted a woman and also abused a physically challenged person on a flight, cricketer Harbhajan Singh claimed.
Western businesses and diplomats in Delhi privately say Modi's reputation as a man of action has been hurt by setbacks on economic reform.
So, how does Pompeo's check list look like? In a broad sense, he is coming here 'to make sure that we have economic openness'; to ensure that 'we have to deliver'; to understand that 'we have to execute' what we promised to do; and, to 'broach some tough topics', points out Ambassador M K Bhadrakumar.
Air India stares at an operational loss of Rs 2,171 crore in 2014-15.
The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
The additional stake will cost the promoters Rs 312 crore (Rs 3.12 billion).
There has been, a nominal increase in the aircraft maintenance cost.
GST impact: Higher lease payouts may hit airlines, cab aggregators.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
TAL Manufacturing Solutions expects its indigenously made affordable industrial robot, the Brabo, to boost the robotics vertical and contribute almost 40 per cent of its overall revenues in the next five years. Sohini Das reports.
Budget carrier SpiceJet has accepted the resignation of its chief Executive Niel Raymond Mills, 18 months before his service contract was to expire.
About a week ago, DGCA officials conducted surprise checks and grounded a Reliance Industries-owned 14-seater Falcon 900EX.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
With the IAF having rejected variants of 4 of the contending aircraft -- the Super Hornet, F-16, Gripen C/D and MiG-35 -- in flight trials carried out between 2009-2011 in the MMRCA tender, are the current contenders improved enough to pass flight trials conducted to the same standards?
Life of air passengers was different in the 1970s.
Every year Fortune honours 10 innovators, groundbreakers and game changers as 'Most Powerful Women Entrepreneurs'.
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