InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)
Actor Akshay Kumar had a 'proud' father moment when Prime Minister Narendra Modi called his son Aarav a 'good boy'.
An ultra-violent film about violence, Kill's greatest accomplishment isn't its death count alone but to challenge our perception of violence, observes Sukanya Verma.
Call Me Bae is a spirited new addition in guilty pleasures for the fashion-loving, rom-com starved soul, applauds Sukanya Verma.
The women officers are training to attempt to circumnavigate the globe in 2017.
The prime minister also pitched for respecting freedom of navigation against the backdrop of South China sea dispute.
It is learnt that Russia is not sending any military platform to exercise and there is no clarity yet on whether it will depute any delegation for the event.
The International Fleet Review, conceived as a show of the country's naval might and readiness for battle, saw as many as 100 naval ships, including 70 from the Indian Navy, taking part in the second edition of the coveted event.
The airline informed the ministry that it would operate 75 planes by April-end.
He said India would continue to actively pursue and promote its geo-political, strategic and economic interests on the seas, in particular the Indian Ocean.
One sailor was killed and three others were injured after a fire broke out onboard India's soon to be decommissioned aircraft carrier INS Viraat in Goa on Sunday.
This is the first time that 'Exercise IBSAMAR' is being conducted in Indian waters and it will conclude on February 29. All previous editions were held off South Africa, Navy said in a release.
The International Olympic Committee on Wednesday confirmed it had received the letter.
Air India significantly altered the composition of the aircraft order it placed earlier this year with Airbus, the European plane manufacturer has said. In February, Air India had placed the world's second-largest single-tranche aircraft order for 470 planes: 250 with Airbus and 220 with Boeing. In July, Airbus disclosed an order comprising 70 A321neo, 140 A320neo, 34 A350-1000, and six A350-900 aircraft for Air India.
Prime Minister Narendra Modi on Sunday said awareness about it should be spread across the country so that at least 50 per cent of the farmers join it within two years.
Vice Admiral Lanba, 58, is a qualified specialist in navigation and direction course and will have a full three-year-term in office till May 31, 2019.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.
The DGCA probe detected serious issues related to safety oversight.
There are altogether 80 teams of doctors and trained medical personnel with three teams in each hospitals.
Byju Raveendran, the founder and chief executive officer of the beleaguered edtech firm Byju's, said the company credited all pending January salaries to employees over the past few days. This was communicated to the employees in another letter sent on February 4. Byju's has about 15,000 employees. "I know you were told that you would get your salaries by Monday.
For Navy veterans who watched the huge vessel being towed away by a tug boat, it was an emotional moment as they stood near the Gateway of India, waving at the once 'floating town', aboard which they spent the best years of their career.
Full service carrier Vistara will hike salaries of its pilots and cabin crew by up to 8 per cent from April amid deployment of higher capacities to meet rising travel demand, according to a source. The source also claimed that some 30 pilots have quit the airline in the last six months and are serving notice period after getting job offers mainly from the Gulf carriers. On Thursday, a senior Vistara official confirmed the salary hike for the pilots and cabin crew but denied that 30 pilots have left the airline.
As India and the US hold fresh talks on three contentious defence foundational agreements, a top American military official on Wednesday batted for the pacts, saying these are an opportunity for deeper collaboration and cooperation in the key sector.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
The second season of City Of Dreams has more pulp, hardly any juice, feels Sreehari Nair.
Despite partial restoration of salaries, pilots across airlines remain dissatisfied, throwing challenges for managers.
The ministry of defence is considering converting the last British ship serving the Indian Navy into a self-sustaining aircraft carrier museum on the lines of the US Navy's Aircraft Carrier Museum.
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
A year marked by more lows than highs for Hindi cinema, here's a recap of the best and worst in 2021.
When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.
White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.
'At the centre of it all is Abhishek Bachchan trying valiantly to pique our curiosity, but simply cannot muster the edginess his Avinash so badly needs,' observes Sukanya Verma.
Made In China is puerile, flimsy film-making, sighs Sukanya Verma.
The Indian Navy is set to open the doors soon for increased role of women on its rolls but has made it clear that there will be no combat positions yet.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
'Investment is the only way India can counter the Chinese influence in the region.' 'With more and more investments, you will have more and more stake; the strategic importance of Sri Lanka can be fulfilled with investments.' 'Investments should come because the void which is created by investments is always going to be filled by Chinese companies.'
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