Debt laden SpiceJet has to pay Rs 1,230 crore toward dues.
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
A delightful recipe that will help you make the most of the humble dal.
The phone comes with 13.Ghz dual core processor and 512MB RAM.
'Once they meet me, they know I don't need to be typecast as the Indian underdog.'
At the height of its troubles and desperate to mop up cash to fly the next day, SpiceJet was offering ridiculously high deposit incentives to travel agents and online portals -- incentives it could ill afford.
Who better can embody the joy of everyday dressing than the Khiladi actress?
A heated exchange between Jonathan Trott and the Indian players spiced up an otherwise dull fourth day of the fourth final Test between India and England in Nagpur, on Sunday.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
As per the current policy, 100 per cent foreign investment is allowed in scheduled air transport service, domestic scheduled passenger airlines and regional air transport
The best summer foods of India
The task I had undertaken was by no stretch of imagination an easy one, says Ajay Singh.
IndiGo's Sharjah-Hyderabad flight was diverted to Karachi as a precaution on Sunday after pilots observed defect in one of the engines, officials of aviation regulator DGCA said.
SpiceJet did not provide the details of its ancillary revenue.
Rajma makes far better kebabs than you imagined.
Flush with cash from his wireless telephony company's sale, industrialist B K Modi is negotiating to acquire 39 per cent stake in Indian television company, Multi Screen Media, earlier known as Sony Entertainment Television. Modi, who was earlier eyeing the 32 per cent stake held by Indian shareholders, is now looking at acquiring an additional 7 per cent held by trusts. He is also planning to re-brand the television channel as Sony Spice TV.
The aircraft, which has been grounded since March following two fatal crashes which killed 346 on board, is crucial to Indian low-cost airline SpiceJet's fortune, which has up to 205 aircraft on order. With the grounding, the airline's capacity expansion plan is suffering.
The chief operating officer said that the carrier will surmount the present crisis very soon.
No-frill carrier SpiceJet has begun an enquiry into an incident in which a differently-abled woman was off-loaded from its Kolkata-Mumbai flight on Sunday after the crew claimed it was not safe to have her on board. The airline, expressing regret at the incident, said, "We are investigating the matter internally and action will be taken". Jeeja Ghosh, a 42-year-old teacher at Kolkata's Indian Institute of Cerebral Palsy, was offloaded after she had boarded the flight.
We have cleared all dues to our employees, says Ajay Singh
Air India, IndiGo, and SpiceJet have suspended flights to China and Hong Kong.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
A wonderful addition to your weekend spread.
SpiceJet, Air India Express and IndiGo will operate special flights from Hungarian capital Budapest and Romania's Bucharest on Monday and Tuesday to evacuate Indians stranded in Ukraine due to the Russian military offensive.
There are rumours that Ajay Singh who previously headed SpiceJet may get an investor to bail out the airline of dire consequences.
While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
The team reached Dubai on Saturday after being held up for over two hours in the flight, of which close to one hour was mid air
You need exactly four ingredients to make this pickle.
Competition promotes innovation in the business model, creating sustainable value.
In the biggest synergy in the Indian telecom industry, leading cellular service providers BPL Mobile, Escotel, RPG Cellular and Spice Telecom, have forged what they have named the 'MobileFirst' Alliance to provide enhanced value to their customers.
The Tatas and the Dubai-based Istithmar Group may increase their stake in Delhi-based low-cost carrier SpiceJet, which has a 10 per cent market share in Indian aviation market. While the Tatas, who currently hold 7 per cent stake in the company through Ewart Investment, may hike their shareholding to 15 per cent, Istithmar is likely to raise its stake from 13 to 30 per cent, sources said.
The heat of the spices in the rasam will make you sweat out the cold.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Sanjiv Kapoor questions the rival's change in strategy and claims of full load.
'There were moments when you didn't know if you will get out of there alive.'
All these male politicians are unlikely to risk their sinecures to speak up in support of a bunch of women wrestlers who have chosen to challenge a politician who appears to have the ruling regime in a stranglehold, points out Kanika Datta.
Prep and marinate the paneer overnight or a day in advance so that you can whip this dish up in just 30 minutes before your guests arrive.
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