Kingfisher and Deccan swap of shares will be finalised by April, upon Sebi's approval.
Several states are identifying greenfield or unutilised projects for low-cost airport.
Air Deccan, which was renamed Simplifly Deccan after the merger with Kingfisher last year, is now called Kingfisher Red. According to the data released by the civil aviation ministry on Thursday, IndiGo's market share is 10.3 per cent, while that of Air Deccan trailed behind at 10.2 per cent.
Deccan Gold Mines on Monday said it has signed an agreement with diamond mining firm De Beers India, which will allow De Beers to mine diamonds in Deccan.
Languishing at the bottom of the points table, Deccan Chargers and Pune Warriors would be playing for pride when they square off in an Indian Premier League match in Hyderabad on Tuesday.
Battling poor form and placed in the bottom heap of the points table, former champions Deccan Chargers and Delhi Daredevils square off in what promises to be an evenly-matched Indian Premier League contest at the Rajiv Gandhi International stadium in Hyderabad on Thursday.
Ashwin spoke about his early days in the IPL and how the event exceeded all expectations.
Kolkata Knight Riders defeated Deccan Chargers by nine runs in an Indian Premier League match in Eden Gardens on Monday.
The Board of Control for Cricket will invite fresh tenders for Indian Premier League franchise Deccan Chargers after a bid from PVP Ventures was rejected by the Hyderabad-based team at an auction in Chennai on Thursday. Deccan Chargers had put their team up for sale and PVP Ventures were the only ones interested, but their bid of Rs 900 crore was rejected by the 2009 IPL champions.
Although industry analysts are welcoming Kingfisher Airlines' stake acquisition in Air Deccan as the right move towards consolidation
Air Deccan, which was forced to sell 26 per cent to Kingfisher Airlines chairman Vijay Mallya's UB Holdings to keep its head above water a few months ago, is likely to break even before Kingfisher.
The BCCI has clarified that all the dues to be paid to the players of Deccan Chargers, whose IPL contract has been terminated by the Board, for the last season have been met.
The Bombay high court has granted Deccan Chronicle Holdings Ltd (DCHL) three more days to furnish an irrevocable and unconditional bank guarantee of Rs 100 crore to the Board of Control for Cricket in India for its Indian Premier League franchise Deccan Chargers.
If Vijay Mallya wants to buy the moon, I will only say, if wishes were horses...Even if Mallya wanted to acquire, Air Deccan is not up for sale. It has been built with a longer vision."
Deccan Chargers will feature younger players in the fourth season of the Indian Premier League. The franchise's vice-president, E Venkat Reddy, said the team plans to scout for talent in local tournaments.
There's talk that the Reliance Anil Dhirubhai Ambani Group is eyeing a minority stake in the carrier. It's also possible that private equity players like Texas Pacific Group may want a slice of the low-cost carrier's equity.
The airline would offer Re 1 ticket to a few passengers through a lucky draw as part of its promotional campaign.
The owners of the cash-strapped Deccan Chargers sold the Indian Premier League franchise to a real estate company for an undisclosed sum. Deccan Chronicle Holdings, which paid $107 million for the franchise in 2008, informed the stock exchanges on Friday of their decision to sell the team to Kamla Landmarc, a Mumbai-based real estate company.
Cameron White scored a quickfire half century to help Deccan Chargers register their first win in the tournament, beating Pune Warriors by 18 runs in an Indian Premier League match on Thursday.
Images from the IPL match between Deccan Chargers and Kings XI Punjab in Cuttack on Friday.
Air Deccan is all set to buy 30 new ATR72-500 aircraft from Avions de Transport Regionale, a France-based aircraft manufacturer.
Sun TV network, the new owners of the Hyderabad IPL franchise, have been offered all the current players of the now-terminated Deccan Chargers, an official said on Thursday.
Budget carrier Air Deccan has signed a $1.5 billion agreement with Airbus Industrie to purchase 30 more Airbus A320 aircraft from the European airplane manufacturer.
Cafe Coffee Day would be the single point vendor to supply food and beverages to the Air Deccan passenger.
Budget carrier Air Deccan on Friday said it has launched direct daily flights to Nagpur, Pune and Goa from Hyderabad, as part of its strategy to connect smaller cities with different hubs.
The Board Of Control For Cricket In India on Saturday denied media reports that Deccan Chargers franchise has got a stay order against its termination from the Indian Premier League, saying that the matter would come up in the Mumbai High Court on Monday.
Deccan Chargers have slapped a legal notice on the Indian Premier League and threatened to skip the third edition of the Twenty20 league, beginning next month, if its home matches are not re-allotted to Hyderabad and Vishakapatnam.
Deccan Chargers on Monday threatened to sue the Indian Premier League authorities and skip the third edition of the Twenty20 league beginning next month if its home matches are not re-allotted to Hyderabad and Vishakapatnam.
Deccan Chargers denied signing Pakistan all-rounder Abdul Razzaq amid reports that the player has been roped in as a substitute.
How Captain Gopinath's new aviation business crash landed.
Bhide, known as 'Bhide Guruji' among his followers, is accused of making offensive remarks about Mahatma Gandhi's lineage in his speech during a programme in Amravati district in the last week of July.
South African opener Herschelle Gibbs will play for the Deccan Chargers in the Indian Champions League Twenty20 series rather than his home team Cape Cobras, which is also participating in the tournament.
Defending champions Chennai Super Kings would look to bounce back after their humiliating defeat against Mumbai Indians in the campaign-opener when they take on a depleted Deccan Chargers in their second IPL fixture on Saturday.
Rohit Sharma's superlative unbeaten 68 helped defending champions Deccan Chargers edge past Kings XI Punjab by five wickets at the HPCA Stadium in Dharamsala to keep alive their last four hopes.
Low cost airline Air Deccan on Tuesday said it plans to fly over four million passengers in the next financial year, four times more than the one million people it has flown since inception 18 months ago.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances