Spicejet has sought extention from the Airports Authority of India over payment schedule.
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.
When the move was first thought of it was at the behest of Jet Airways, IndiGo, SpiceJet and Air India. Only Vistara and AirAsia were opposing it as they were doing the poaching, says Anjuli Bhargava.
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
Meanwhile, India has cancelled all visas issued to foreign nationals coming from China as it stepped up efforts to combat the spread of novel coronavirus after 150 passengers were identified with symptoms of the deadly virus and sent to isolation units.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
A gun battle was still continuing inside the old airport near the hangars and workshop as military and other security personnel tried to clear up the runaway and surrounding area from the terrorists.
During the day, Union Health Minister Harsh Vardhan held a meeting to review preparedness for COVID-19 management, through video conference with health ministers, chief secretaries of all states and UTs, central ministers and representatives from the related organisations and stressed on the need for keeping testing and quarantine facilities, isolation wards, and labs in active readiness.
Changing with the times and in compliance with social distancing norms, customers are now picking up their parcels, speed posts and registered letters within the city themselves after they are informed on phone.
The NHC said, 78 new confirmed COVID-19 cases were reported on the Chinese mainland on Monday, of which 74 were imported from abroad taking the number of overseas cases to 427.
E-auaction cannot totally end corruption in the system.
In a record time of 13 years, the Indigenous Aircraft Carrier Vikrant is now ready for formal induction into the Indian Navy.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
Drones are being used for carrying out a host of tasks like surveillance to ensure that people are maintaining social distancing, spreading awareness about COVID-19 in densely populated areas, spraying disinfectants and checking people's temperature
Move is aimed at bringing private operators to run airports.
The leaked list contains the name of Union minister Jayant Sinha, who responded by saying that the transactions were not done for any 'personal purpose'.
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
T N Seshan believed that toughness at every level is needed to keep the flock under him strictly duty bound, recalls Dr K S Parthasarathy, former secretary, Atomic Energy Regulatory Board.
The crash between a Kazakhstan Airlines Ilyushin Il-76 and a Saudia Boeing 747 over Charkhi Dadri in Haryana occurred 24 years ago.' During the lockdown, journalist Bhavya Dore reported on it from her home. Her article found a proud mention in the Bloomsburg Jealousy List 2020.
The NGT directed the Delhi govt not to implement the scheme unless it established that it was not counter-productive.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Sources privy to the development said Maran was being asked to take care of a part of the liabilities.
State-owned Air India has approached the ministry of finance for a sovereign guarantee to raise Rs 2,500 crore (Rs 25 billion) from banks, due to the government's inability to infuse all the required funds into the debt-laden carrier, given the current economic conditions.
India's main hubs are bursting at the seams.
Malaysia on Friday defended the flight path taken by the crashed Malaysia Airlines Flight MH17, confirming that the plane's systems were functioning normally before it was shot down by a missile over Ukraine killing all 298 people on board.
Suspected floating debris of the Malaysian jet may have sunk in a remote part of southern Indian Ocean as a multination team failed to spot them, dashing hopes of a breakthrough in locating the aircraft which mysteriously disappeared two weeks ago.
The 'context' of the launch of GSAT-15 highlights that India has much ground to cover in the transponder arena while in satellite navigation arena ISRO's progress has been satisfactory, says Ajey Lele.
The Paytm employee, who tested positive for the contagious disease with flu like symptoms on Wednesday, came in touch with 91 people in Gurgaon, an official said, citing his counterpart in the suburban town.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
The Dangal actor alleged, in an Instagram video, that a middle-aged man sitting behind her on the flight tried to molest her.
In the travel advisory, the Health Ministry again asked people to refrain from travelling to China in view of the coronavirus outbreak in its Hubei province and said travellers on return from the neighbouring country could be quarantined.
The death toll rose to 5,394 after a record single-day spike of 230 fatalities in the 24 hours since Sunday 8 am, the Union Health Ministry said in its morning update. It showed the number of confirmed cases rising by 8,392 to 1,90,535. However, a PTI tally of figures announced by states and union territories, as of 9.35 pm, showed a higher death toll of 5,501.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
Ministry sources say investors are looking at pumping in around Rs 1,100 crore
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
The search for missing Malaysia Airlines flight MH370 has come to an end with passengers' families being informed that the effort to find the plane has been suspended.
Think beyond engineering and medicine.