News for 'Jet'

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

Jalan Kalrock Consortium infuses Rs 100 crore in Jet Airways

Jalan Kalrock Consortium infuses Rs 100 crore in Jet Airways

Rediff.com29 Sep 2023

Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan. With this, the consortium has "fulfilled" its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jey Airways, JKC (Jalan Kalrock Consortium) said in a statement. JKC also said it is expecting the airline to be up and running next year with the launch date likely to be announced in the next few days.

Erdogan Faces Mass Protests After Istanbul Mayor's Arrest

Erdogan Faces Mass Protests After Istanbul Mayor's Arrest

Rediff.com25 Mar 2025

Thousands of protesters are out on the streets of Istanbul after the arrest of the city's mayor Ekrem Imamoglu.

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Rediff.com5 Apr 2025

News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.

The take-off and crash-landing of Jet's Naresh Goyal

The take-off and crash-landing of Jet's Naresh Goyal

Rediff.com4 Sep 2023

In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Rediff.com7 Mar 2025

Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.

Karnataka CM draws flak as video in luxury jet goes viral

Karnataka CM draws flak as video in luxury jet goes viral

Rediff.com22 Dec 2023

The opposition Bharatiya Janata Party on Friday came down heavily on the Congress government in Karnataka for flaunting their 'rich fortunes and luxury lifestyles' following a viral video on social media showing Chief Minister Siddaramaiah and his cabinet colleague B Z Zameer Ahmed Khan in a private jet.

SpiceJet hives off cargo & logistics biz

SpiceJet hives off cargo & logistics biz

Rediff.com3 Apr 2023

SpiceJet Ltd on Monday said it has hived off its cargo and logistics business SpiceXpress into a separate entity -- SpiceXpress and Logistics Pvt Ltd, from April 1. The move results in a one-time gain of Rs 2,555.77 crore for SpiceJet, substantially reducing its negative net worth, the company said. It also paves the way for SpiceXpress to raise funds independently, SpiceJet said.

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

Rediff.com31 Jul 2023

Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator DGCA has renewed the airline's air operator certificate. Cash-strapped Jet Airways stopped flying from April 17, 2019. The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

Rediff.com1 Nov 2023

The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.

International flights at Navi Mumbai airport by July next year

International flights at Navi Mumbai airport by July next year

Rediff.com3 Mar 2025

It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.

18 injured after plane crashes, flips on landing in Canada

18 injured after plane crashes, flips on landing in Canada

Rediff.com18 Feb 2025

Two runways at the airport will remain closed as officials investigate the incident, according to the airport's CEO Deborah Flint, CNN reported.

Election drama! BFI snubs former sports minister Anurag Thakur

Election drama! BFI snubs former sports minister Anurag Thakur

Rediff.com13 Mar 2025

The Boxing Federation of India (BFI) has rejected former Sports Minister Anurag Thakur's nomination for the upcoming elections, citing his ineligibility.

Russian skating stars on doomed plane

Russian skating stars on doomed plane

Rediff.com30 Jan 2025

The couple were reported to have been returning from the competition and travelling with a group of young skaters.

Crude prices at 6-month low levels fuel stocks of OMCs

Crude prices at 6-month low levels fuel stocks of OMCs

Rediff.com6 Mar 2025

Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.

Bomb threat 'non-credible' but...: American Airlines on Delhi flight

Bomb threat 'non-credible' but...: American Airlines on Delhi flight

Rediff.com24 Feb 2025

However, it said that the Delhi airport protocol required the aircraft to be inspected elsewhere before being cleared to land.

Jet Airways CEO-designate Sanjiv Kapoor quits

Jet Airways CEO-designate Sanjiv Kapoor quits

Rediff.com28 Apr 2023

Jet Airways CEO-designate Sanjiv Kapoor has quit the grounded airline, according to a source. He had joined the airline as the chief executive officer in April last year. The source said that Friday was the last working day for Kapoor at the airline.

Is Kunal Kamra obsessed with controversies?

Is Kunal Kamra obsessed with controversies?

Rediff.com24 Mar 2025

Stand-up comedian Kunal Kamra has once again found himself at the center of a controversy, this time for his comments about Maharashtra's Deputy Chief Minister Eknath Shinde. Kamra has been a controversial figure for years, with his comedy often targeting politicians and other public figures. This latest incident has led to a backlash from Shinde's supporters, who have vandalized the venue of Kamra's show. Kamra has a history of making controversial remarks, including heckling a TV anchor on a flight and making comments about the judiciary.

Aero India 2025: US F-35 and Russian Su-57 to debut

Aero India 2025: US F-35 and Russian Su-57 to debut

Rediff.com9 Feb 2025

In a first, the 'Aero India' mega event will witness participation of two of the world's most advanced fifth-generation fighter aircraft equipped with stealth capabilities -- the Russian Su-57 and the American F-35 Lightning II, the Defence Ministry said on Sunday.

ED arrests Jet Airways founder Naresh Goyal in bank fraud case

ED arrests Jet Airways founder Naresh Goyal in bank fraud case

Rediff.com1 Sep 2023

The Enforcement Directorate late on Friday arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of Rs 538 crore at the Canara Bank, official sources said.

Breather for SpiceJet; DGCA removes it from enhanced surveillance regime

Breather for SpiceJet; DGCA removes it from enhanced surveillance regime

Rediff.com25 Jul 2023

Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance regime, a senior official said on Tuesday. The airline, which has been facing multiple headwinds, was placed under enhanced surveillance recently. The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance.

Shouldn't harm us, warns China after Modi-Trump meet

Shouldn't harm us, warns China after Modi-Trump meet

Rediff.com14 Feb 2025

No one should make China an issue in their bilateral relations and their cooperation should not harm the interests of another country, the Chinese Foreign Ministry said on Friday reacting to queries on the meeting between Prime Minister Narendra Modi and United States President Trump.

Jet Air told to deposit Rs 150 cr by Jan 31 in SBI's escrow account

Jet Air told to deposit Rs 150 cr by Jan 31 in SBI's escrow account

Rediff.com18 Jan 2024

The Supreme Court on Thursday directed Jalan-Kalrock consortium, the new owners of the cash-strapped Jet Airways, to deposit Rs 150 crore in SBI's escrow account by January 31, saying failure to do so will mean that the consortium is not in compliance with the terms of the resolution plan for reviving the airline. The top court, meanwhile, also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become "unworkable". The consortium, as per the lawyers for the workmen, has to pay over Rs 200 crore towards dues on account of PF and gratuity.

Regulators slap Rs 2.70-cr fine on Mumbai airport, IndiGo, AI and SpiceJet

Regulators slap Rs 2.70-cr fine on Mumbai airport, IndiGo, AI and SpiceJet

Rediff.com18 Jan 2024

Aviation security regulator BCAS on Wednesday slapped fines totalling Rs 1.80 crore on IndiGo and Mumbai airport operator MIAL over the incident of passengers having food on the airport's apron. The apron is the area around the aircraft where it has finally parked for deboarding.

IAF's MiG-29 crashes near Agra, probe ordered

IAF's MiG-29 crashes near Agra, probe ordered

Rediff.com5 Nov 2024

A MiG-29 fighter jet of the Indian Air Force crashed in a field near Uttar Pradesh's Agra on Monday during a routine training sortie after it encountered a 'system malfunction', officials said.

Modi flies home after 'substantive, productive' US visit

Modi flies home after 'substantive, productive' US visit

Rediff.com14 Feb 2025

Prime Minister Narendra Modi concluded his visit to the United States after holding high-level bilateral talks with President Donald Trump on a wide range of subjects, including trade and technology, defence and security, energy and people-to-people ties. The two leaders decided to take a significant step in deepening their strategic ties, particularly in the areas of defence, energy, and critical technology. Modi also met with key American officials, including National Security Advisor Michael Waltz and Director of National Intelligence Tulsi Gabbard, and prominent business leaders like SpaceX CEO Elon Musk and Indian-American entrepreneur Vivek Ramaswamy.

90-mt wide asteroid likely to miss Earth but Nasa's not taking any chances

90-mt wide asteroid likely to miss Earth but Nasa's not taking any chances

Rediff.com20 Feb 2025

Initially, NASA's Center for Near-Earth Object Studies estimated a roughly 3% chance of a collision on Tuesday, the highest probability ever assigned. However, additional analysis on Wednesday lowered those chances to approximately 1.5%.

Tribunal questions maintainability of insolvency plea filed against SpiceJet

Tribunal questions maintainability of insolvency plea filed against SpiceJet

Rediff.com4 Jul 2023

The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Rediff.com24 May 2023

Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.

Tribunal orders liquidation of Go First

Tribunal orders liquidation of Go First

Rediff.com20 Jan 2025

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. In May 2023, the airline filed for a voluntary insolvency resolution process citing financial woes. The tribunal, in a 15-page order, said it is ordering the liquidation of the corporate debtor Go Airlines (India) Ltd.

Pak Soldiers Demo Their Skills

Pak Soldiers Demo Their Skills

Rediff.com22 Nov 2024

Glimpses from a counter-terrorism exercise conducted by the Pakistan navy's special forces in Karachi, November 21, 2024.

Jet lag no worries as Brisbane Roar thump Dempo FC

Jet lag no worries as Brisbane Roar thump Dempo FC

Rediff.com25 Aug 2024

Brisbane Roar to 5-1 win over Dempo FC in their opener at the Bhausaheb Bandodkar Memorial Trophy on Saturday.

SpiceJet told to pay Rs 75 cr to Kalanithi Maran

SpiceJet told to pay Rs 75 cr to Kalanithi Maran

Rediff.com1 Jun 2023

The Delhi high court has directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to media baron Kalanidhi Maran and his Kal Airways towards interest on an arbitral award of Rs 578 crore. The high court said, admittedly, there is no modification of the February 13, 2023 order passed by the Supreme Court in the case, and hence it needs to be followed. "Since the judgment debtor (SpiceJet) had failed to pay an amount of Rs 75 crores to decree holder (Maran and Kal Airways), hence in terms of para 15 (ii) of the order dated February 13, 2023 of the Supreme Court, there is no other alternative except to call upon the judgment debtors to deposit the entire outstanding amount qua interest forthwith, thus is so directed.

'Plane Was Completely Destroyed'

'Plane Was Completely Destroyed'

Rediff.com30 Dec 2024

'After the plane collided with the wall, passengers were thrown out of the aircraft.'

'Where's my cuppa?' ask Aus Open fans

'Where's my cuppa?' ask Aus Open fans

Rediff.com15 Jan 2025

'It seems it took me a day and a half, and several kilometres of walking around the grounds, to find coffee.'

'Trump Respects India's Friendship'

'Trump Respects India's Friendship'

Rediff.com7 Mar 2025

'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'

Delhi pollution: 14 flights diverted, many delayed due to poor visibility

Delhi pollution: 14 flights diverted, many delayed due to poor visibility

Rediff.com18 Nov 2024

Out of the 14 flights, 13 were diverted to Jaipur and 1 to Dehradun, the official said and added that the diversions happened between 8.30 am and 3 pm.

Indian, US fighter jets take part in joint exercise

Indian, US fighter jets take part in joint exercise

Rediff.com24 Apr 2023

As part of the Cope India 2023 exercise, five top-notch fighter jets of the two air forces took off in quick succession from the air force base.

Team India's Jet, Set And Go!

Team India's Jet, Set And Go!

Rediff.com8 Jul 2023

The Indian team appeared in high spirits as they departed Barbados.

Biden, Modi likely to take forward GE jet engine deal

Biden, Modi likely to take forward GE jet engine deal

Rediff.com8 Sep 2023

United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.