The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.
With full-service carrier Jet Airways and budget airline SpiceJet operating 737 MAX planes, the DGCA has decided to seek information about the aircraft from Boeing as well as the two domestic carriers in view of the air crash in Ethiopia.
Indigo, Air India, Spicejet, GoAir, Jet Airways and Vistara put Diwakar Reddy under no fly list.
Would it serve India's interest to go to war with China over the Maldives, asks Aditi Phadnis.
Because of strong headwinds on Delhi-Istanbul route for the last two days, the low-cost carrier has been unable to take most of the check-in luggage in the same aircraft along with passengers, said an airline spokesperson.
"As Civil Aviation minister, I apologise to all those affected (by these incidents)," Ashok Gajapathi Raju told a press conference in New Delhi on Thursday evening, in an attempt to end the controversy.
'After toiling in the field and selling vegetables in the local market, we don't make more than Rs 1,500 a week.' 'That is just enough for the five of us to survive.' 'My family cannot afford to pay for private coaching for IIT-JEE.'
DGCA was irked by was a video on social media that showed passengers dancing on board a midair flight. The regulator has summoned the airline officials seeking an explanation.
A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong on Friday met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.
Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
Civil aviation minister Praful Patel, who held this portfolio in the first government of the United Progressive Alliance, too, has so far followed a liberal open-sky policy, sharply increasing the number of seats offered to West Asian airlines on flights connecting India. According to internal figures available with airlines, the total number of seats offered to West Asian carriers rose from 2.5 million in 2004 to 7.5 million last year.
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
However, under the new provisions, OCI cardholders need to carry their new passport.
An Air India aircraft, with 168 people on board, suffered a tyre burst on landing at the airport in Jaipur on Sunday night after being diverted from Delhi due to bad weather.
Ahead of his India visit on February 24-25, Trump said that India has not treated his country 'very well' on the trade front and indicated that a 'very big' bilateral deal with New Delhi may not be signed before the American presidential election in November.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
Aviation regulator DGCA is likely to take a call shortly on allowing domestic airlines to charge for check-in baggage while providing incentives for passengers who travel light.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Under the provision of Section 92 of the Jammu and Kashmir Constitution, governor's rule is imposed for six months.
St John's church was set ablaze on Sunday night as protesters demanded justice for the killing of Floyd, a 46-year-old man who was pinned to the ground in Minneapolis last week by a white police officer who kneeled on his neck as he gasped for breath.
Airlines are now pushing up fares and hopes to improve margins over the next three months to make up for the poor September quarter, even if it leads to a slight fall in their passenger load factor.
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
The bureaucrat has alleged that another Indian family was also offloaded as they offered biscuits to the child to console him.
Objections were being raised by senior Bharatiya Janata Party leader Jaswant Singh, Communist Party of India's Gurudas Dasgupta, Dinesh Trivedi (Trinamool Congress) and Janata Party chief Subramanian Swamy over the deal, each of whom had shot off separate letters to Prime Minister Manmohan Singh.
In their new venture, Tata SIA Airlines Ltd, Tata Sons would hold 51 per cent stake and Singapore Airlines 49 per cent.
Seeking "divine intervention", staff of Pakistan's national carrier PIA sacrificed a black goat at the airport tarmac in Islamabad before an ATR-42 aircraft took off nearly a week after the French-built turboprop planes were grounded following a crash that killed 47 people.
Regardless of how the stalemate ends, the government needs to learn that regardless of its parliamentary strength it cannot take people for granted. A little bit of humility would do it a lot of good, recommends Virendra Kapoor.
The Directorate General of Civil Aviation (DGCA) on Tuesday made it mandatory for major airports to provide free automated buggies within their terminal to senior citizens, expectant mothers and the physically-challenged.
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As per the FIPB agenda, the proposal will be taken up on October 18.
Symbolism was evident at the Aero India 2007 air show that concluded in Bangalore on Sunday.
The government was also working on a package to promote connectivity and airports in the North Eastern states
Indian-American Amit Priyavadan Mehta has been confirmed by the US Senate as a federal judge in the District of Columbia, becoming the first Asian Pacific American to occupy this important position.
Air India shelves plan to acquire Boeing 787-9 aircraft.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
Overseas airlines can operate unlimited number of flights into and out of India.
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