Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The searchers hunting for the missing Malaysian jet are "very confident" that a series of underwater signals detected in a remote part of the Indian Ocean were from the aircraft's black box, the Australian prime minister said on Friday.
Air Asia will hold 49 per cent and the remaining will be owned by Tata Sons and Telestra Tradeplace Pvt.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Dutch investigators have concluded that the aircraft was downed by Russian-made Buk surface-to-air missile.
Australian Prime Minister Tony Abbott on Tuesday claimed that evidence has been tampered with at the crash site of the Malaysia Airlines Flight MH17 in pro-Russia separatists-held eastern Ukraine.
The search for flight MH370 is yet to target a "hotspot" most likely to be the crash site in the Indian Ocean as priority was given to investigate "pings" that has led to a dead end, a United Kingdom satellite firm claimed on Tuesday.
AirAsia's India plans may not be hit with the current crisis that the airline is going through
A metal object found on a beach in Western Australia does not belong to a Malaysian jet that vanished nearly seven weeks ago, authorities said on Thursday even as a robotic mini-submarine scouring the Indian Ocean seabed scanned more than 90 per cent of the focused search area.
Air search operations to hunt for the crashed MH370 were suspended on Tuesday due to a tropical cyclone heading south over the Indian Ocean, as a robotic mini-submarine neared completion of its underwater search with no sign of wreckage.
A mini-submarine deployed to locate the missing Malaysian plane's wreckage on the floor of the Indian Ocean has completed a full 16-hour mission mission at its third attempt, authorities said.
Investigators were on Sunday examining a flight simulator found at the home of a pilot of the missing Malaysian plane with 239 people on board, as they refocused on "those in the cockpit" who knew how to avoid detection by radars.
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
The statement said that the global economy is being held back by a shortfall in demand, while addressing supply constraints is key to lifting potential growth.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
Multi-nation search teams hunting for the missing Malaysian plane said they will stop listening for pings coming from the floor of the Indian Ocean and now deploy an unmanned submarine to track down the jet's black box.
An Australian aircraft searching for the crashed Malaysian plane on Thursday detected a new possible underwater signal in the remote Indian Ocean consistent with a plane's black box, fuelling hopes of a breakthrough in the arduous month-long hunt.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
The arduous hunt for the Malaysia Airlines Flight MH370 on Friday entered a new phase with two hi-tech ships scouring a large area in the Indian Ocean for the black box of the jet before pings from it fall silent.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
FIA has filed two separate petitions challenging the approvals granted to Tata-Airasia and Tata-SIA Airlines deals respectively.
This was good enough for Fernandes to hire Chandilya to lead his India business.
AirAsia will be the first airline to have Chennai as a hub and would focus on tier-II and III cities in South India.
A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw posted the matter for hearing on Friday.
Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.
Govt's decision to allow in-flight Wi-Fi doesn't take off with budget airlines, full-service carriers enthused
AirAsia India began operations in June 2014.
Ratan Tata says FIPB nod for Tata Sons' new airline with AirAsia reflects investor friendly policies of Indian government.
An aviation website has evaluated AirAsia's potential network in India based on passenger market size, distance from Chennai and competition.
The year 2014 is coming to an end. It was the year of conflict, the year of strife. Year 2014 will be remembered for several reasons -- the rise and threat of the Islamic State, the downing of two Malayasia Airlines aircraft and the sudden and effective way of using hastags on social media to generate a buzz about the event. After all, who can forget #theicebucket challenge and the phenomenon it grew into. Read on as we bring you an overview of international news and events of 2014.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
The airline's chief had said it would focus more on tier-II cities. Already, the airline connects some of its major destinations from Tiruchirapalli, one of the busy tier-II hubs in Tamil Nadu.
Airlines flying in from any airport in China including Hong Kong have been asked to make in-flight announcements requesting passengers with history of fever and cough and travel to Wuhan city in the past 14 days to self-declare at the port of arrival in order to facilitate early isolation, according to an official statement.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
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