From handling a jute mill to doing global infrastructure projects, Rao has come a long way.
The Rajiv Gandhi International Airport (RGIA) in Hyderabad has retained its second position for the year 2013 in the 5-15 million passengers category.
A local court in Hyderabad has issued four more non-bailable warrants (NBWs) against businessman Vijay Mallya after he failed to appear in a court here in connection with alleged dishonour of cheques amounting to Rs 2 crore (Rs 20 million) to GMR Hyderabad International Airport Ltd.
The expansion of the terminal is expected to raise the annual passenger capacity of the airport to 12.5 million.
A case has been filed against the airline in Nampally criminal courts in Hyderabad.
Dr Reddy's Laboratories is in a pact with Russian Direct Investment Fund to sell the first 125 million people doses (250 million vials) of Sputnik V in India.
Even after getting the civil aviation ministry's nod to levy user development fee on international passengers, the GMR group-promoted Hyderabad airport has decided not to impose the levy for at least a month. GMR has already decided to exempt domestic passengers for the time being. "We have decided to let issues like groundhandling charges stabilise before taking a call," said a Hyderabad airport executive.
Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL.
The Rajiv Gandhi International Airport, which is being developed by GMR on the outskirts of Hyderabad, will be the first greenfield public-private partnership (PPP) airport to be operational in March 16.
Pilot DD Gandhi, who flew the Kingfisher aircraft from Mumbai's Chhatrapati Shivaji International Airport, circled thrice over the Shamshabad airport before touching the South Asia's longest runway (4,260 metres) amidst applause from the 50-odd passengers, mostly journalists besides guests and officials of the GMR group.
More than 80 domestic and international flights of various Indian airlines received bomb threats on Thursday, according to sources.
India conducted nationwide civil defence mock drills simulating multiple hostile scenarios like air raids, fire emergencies, and rescue operations across several states and union territories. The drills, dubbed 'Operation Abhyaas,' aimed to enhance emergency preparedness in light of recent terror attacks. The exercises involved coordinated efforts by various agencies, including civil defence personnel, police, fire and emergency services, and the military. Mock drills were conducted at various locations, including railway stations, malls, and high-rise buildings, showcasing the response capabilities of authorities in different emergency scenarios. The drills highlighted the importance of public awareness and cooperation in dealing with real-time emergencies.
Reader Sanjoy Chandra met Yusuf Pathan at Rajiv Gandhi International Airport, Hyderabad, shortly after he slammed an unbeaten 210 to help West Zone win the Duleep Trophy.
The sudden manner in which the Centre has chosen to address the demand for a separate state of Telangana, carved out of Andhra Pradesh, raises an important question for corporate India regarding the future of Hyderabad.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
The quantum of punishment is expected to be pronounced on May 5 by the court.
Even as the date for the two new state-of-the-art international airports in Bangalore and Hyderabad to start operations comes closer, lobbying to prevent closure of the existing facilities -- at the Airport Authority of India's Begumpet airport in Hyderabad and HAL airport in Bangalore -- has got louder.
With the Bangalore airport announcing stiff user developmental fee on domestic passengers, low-cost carriers JetLite, SpiceJet and Simplifly Deccan (formerly Air Deccan) have decided to drastically cut their flight schedules to the city and other new airports like Hyderabad.
The court had earlier issued non-bailable warrants against Kingfisher Airlines, its chairman Mallya and A Raghunathan, on the ground of dishonouring the two cheques
The order on the quantum of punishment was adjourned for the fourth time.
Bangalore International Airport Ltd (BIAL), the operator of the new airport at Devanahalli on the outskirts of the city, has ruled out withdrawing the user development fee (UDF) on both domestic and international passengers, saying it is needed to fund future expansion. On the contrary, GMR Hyderabad International Airport Ltd (HIAL) withdrew user fees for domestic passengers bowing to pressure from public, budget airlines and the government.
Reader S Dinesh sends us a photograph.
The World Airport Awards are based on the results from 9.8 million questionnaires completed by 100 different nationality of airline passengers in 2009/2010.
It had issued warrants directing the police to produce Mallya before it.
The World Airport Awards are based on the results from 9.8 million questionnaires completed by 100 different nationality of airline passengers in 2009/2010.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.
After taking off, the captain of the Kingfisher Airlines flight from Hyderabad to Delhi alerted air traffic control saying that he was receiving a smoke detection indication in the cargo hold of the aircraft. As per standard airline procedures, he requested to return to Hyderabad. During the precautionary unloading of the cargo, an un-identified substance was located.
Scheduled international passenger flights have remained suspended since March 23, 2020 in the wake of the pandemic and they will now restart from Sunday.
Kerala on Friday said a tearful goodbye to most of the 23 victims from the state who died in the Kuwait fire tragedy -- one of the biggest incidents to ever affect the state's expatriate community known for their dedication and hard work.
On April 20, the Special Magistrate Court had convicted Mallya and others, in connection with bouncing of two cheques of Rs 50 lakh each
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
Opposition members said renaming of the new greenfield airport at Shamsbad after dropping the name of the late N T Rama Rao hurt "Telugu pride".
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
GMR Hyderabad International Airport Ltd, the consortium operating the new Hyderabad airport, has offered to halve ground-handling charges even as the civil aviation ministry allowed the domestic carriers to undertake their ground-handling till January 1, 2009. This will give the two sides enough time to resolve the contentious issue, which almost jeopardised the opening of the new airport and forced a postponement once.
