News for 'National Aviation Company of India Limited'

'Biggest Meltdown In Indian Aviation History'

'Biggest Meltdown In Indian Aviation History'

Rediff.com12 Dec 2025

'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

The Importance Of Putin's India Visit

The Importance Of Putin's India Visit

Rediff.com4 Dec 2025

The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Nov 2025

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.

Turkish firm Celebi withdraws HC plea on airport clearance

Turkish firm Celebi withdraws HC plea on airport clearance

Rediff.com21 Aug 2025

Celebi Airport Services India withdrew its plea in the Bombay High Court against the revocation of its security clearance by the Bureau of Civil Aviation Security (BCAS) following Operation Sindoor.

Interim budget gives boost to AI holding company

Interim budget gives boost to AI holding company

Rediff.com16 Feb 2009

In fact, almost the entire increase in the allocation for the civil aviation ministry was cornered by the National Aviation Company of India Limited; it was earmarked Rs 8,165.64 crore as against the revised estimate of Rs 4,136.89 crore for 2008-09. The ministry received a total allocation of Rs 12,164.76 crore, compared with the revised 2008-09 estimate of Rs 7,490.06 crore, a hike of almost Rs 4,675 crore.

Govt revokes nod for Turkish firm Celebi's airport services; DIAL ends ties

Govt revokes nod for Turkish firm Celebi's airport services; DIAL ends ties

Rediff.com15 May 2025

Turkiye and Azerbaijan backed Pakistan and condemned India's recent strikes on terror camps in that country and Pakistan-occupied Kashmir under Operation Sindoor.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

What To Expect At Aero India 2025

What To Expect At Aero India 2025

Rediff.com7 Feb 2025

'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

Rediff.com16 May 2025

The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.

New Air-India MD takes charge

New Air-India MD takes charge

Rediff.com27 Apr 2009

E.K. Bharat Bhushan has assumed charge as chairman & managing director of the National Aviation Company of India Limited.

Raghu Menon takes over as Air India chief

Raghu Menon takes over as Air India chief

Rediff.com26 Mar 2008

Raghu Menon, special secretary and financial advisor in the civil aviation ministry, has been appointed the chairman and managing director of Air India, ending weeks of speculation over the issue.The Appointments Committee of the Cabinet approved the name of Menon, a 1974 batch IAS officer of the Assam-Nagaland cadre, after a keen race for the top job in the National Aviation Company of India Limited (NACIL), which runs the merged national carrier.

Air India staff plan strike on Mar 18

Air India staff plan strike on Mar 18

Rediff.com15 Mar 2008

A proposed strike by almost all sections of Air India employees next Tuesday on various demands, including implementation of agreements relating to wages and cadre policy, has been declared illegal.After a meeting on Saturday, top officials of the Civil Aviation Ministry and the National Aviation Company of India Limited (NACIL), which runs Air India, decided to "take serious view" if the employees went ahead with their threat, official sources said.

Exim Bank, Air India sign $1-bn deal

Exim Bank, Air India sign $1-bn deal

Rediff.com29 Jan 2010

These purchases represent the third phase of Air India's 68-aircraft fleet renewal plan. EXIM Bank had earlier approved $1.2 billion in 2007 and $548.8 million in 2008 to support the financing of NACIL's purchases of Boeing aircraft.

Air India told to declare pay, perks of top bosses

Air India told to declare pay, perks of top bosses

Rediff.com18 Jan 2010

Information Commissioner Sushma Singh told the officials of National Aviation Company of India Limited, the company formed after the merger of Air India and Indian Airlines, to give the details of 'pay, perks and privileges' enjoyed by its chairman, managing director and functional directors to Right to Information activist Subhash Chandra Agrawal.

Air India: Headed for a crash landing

Air India: Headed for a crash landing

Rediff.com16 Jun 2009

While the civil aviation ministry's activist supervision of the airline's functioning is said to be responsible for much of the mess, the airline management has its own sins to answer for.

Air India seeks $475 mn loan to buy 3 Boeings

Air India seeks $475 mn loan to buy 3 Boeings

Rediff.com7 Apr 2010

Moving ahead with its fleet expansion plan, cash-strapped Air India has sought a long-term loan of USD 475 million from banks and financial institutions to acquire three long-haul Boeing-777s.

Govt nods Rs 800-cr equity infusion into Air India

Govt nods Rs 800-cr equity infusion into Air India

Rediff.com18 Feb 2010

The financial losses of NACIL have been compounded by weakening of its revenue stream, a high cost structure and costly legacy assets (obsolete assets) that have resulted in rising liabilities.

Air India: COO to be on 3-year contract

Air India: COO to be on 3-year contract

Rediff.com25 Sep 2009

The COO's compensation package will be negotiable, based on qualification and experience in the industry. But he will also be given a performance-linked pay based on key performance indicators determined by the management or the board.

Air India employees to get salaries by July 14

Air India employees to get salaries by July 14

Rediff.com7 Jul 2009

Heeding to workers' demands, state-run Air India on Tuesday decided to pay the wages and salaries of its employees on the July 14 and to the contractual staff on July 10.

Don't tax common man to bail out Air India

Don't tax common man to bail out Air India

Rediff.com29 Jul 2009

Air India, having run up losses of Rs 7,200 crore and adding about Rs 15 crore worth of red ink every twenty-four hours, is now asking for even more money to burn from the Government of India.

Nobody knows what perks AI bosses get!

Nobody knows what perks AI bosses get!

Rediff.com28 Oct 2009

Air India's general manager (finance), who should be in the thick of company's financial matters, does not have information about pay and perks of the company's top bosses.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

How Air France mishap will hit Indian operators

How Air France mishap will hit Indian operators

Rediff.com3 Jun 2009

Kingfisher Airlines, National Aviation Company of India Limited -- the state-owned company that runs Air India -- and Indigo could face additional cost pressures, with reinsurance rates expected to harden following the accident involving the Air France aircraft that was flying from Rio de Janeiro to Paris with 228 passengers on board.

Cash crunch: Air India ups working capital

Cash crunch: Air India ups working capital

Rediff.com22 Jul 2008

The National Aviation Company of India (NACIL), the entity that came into being after the merger of national carriers Air India and Indian, has increased its working capital limit to around Rs 9,500 crore (Rs 95 billion) in order to meet the recent hikes in fuel prices.

Leave without pay for NACIL staff

Leave without pay for NACIL staff

Rediff.com17 Oct 2008

National Aviation Company of India Limited, the public sector entity that owns Air India, will be offering a voluntary leave-without-pay scheme to 15,000 employees--around 46 per cent of its staff strength--to help the financially-strapped airline save over Rs 75 crore annually.

The buck must stop at EC's door

The buck must stop at EC's door

Rediff.com6 May 2009

The government has not taken any decision on the communications ministry's proposal for appointing the next chairman of the Telecom Regulatory Authority of India.

Air India may opt for IPO to fund recovery

Air India may opt for IPO to fund recovery

Rediff.com24 Mar 2010

As a pre-requisite, the airline has taken the first step by appointing four independent directors to the state-owned company's expanded 13-member board. Stock exchange listing requirements mandate that one-third of a company's board must consist of independent directors.

ED summons Praful Patel in UPA-era aviation scam

ED summons Praful Patel in UPA-era aviation scam

Rediff.com1 Jun 2019

The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.

Maldives resumes India-gifted Dornier, helicopters for evacuations

Maldives resumes India-gifted Dornier, helicopters for evacuations

Rediff.com27 Jul 2024

President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.

A P&W story: From giving wings to aviation in India to Go First grounding

A P&W story: From giving wings to aviation in India to Go First grounding

Rediff.com9 May 2023

Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.

Modi, Sanchez unveil facility to manufacture military aircraft

Modi, Sanchez unveil facility to manufacture military aircraft

Rediff.com28 Oct 2024

Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.

Airline Threat Calls: 'Someone Is Testing Security Agencies'

Airline Threat Calls: 'Someone Is Testing Security Agencies'

Rediff.com22 Oct 2024

'Whoever is doing it (threats to airlines), they are actually carrying out a recce.' 'This is the manner in which terrorists strike.'

Another batch of Indian troops to depart Maldives this month: Muizzu

Another batch of Indian troops to depart Maldives this month: Muizzu

Rediff.com3 Apr 2024

Following a high-level meeting in New Delhi on February 2 between the two sides, India agreed to replace its military personnel operating the three aviation platforms in the Maldives by May 10. The first batch left the island nation well before March 10.

Aero India 2023 begins, to showcase atmanirbharta

Aero India 2023 begins, to showcase atmanirbharta

Rediff.com13 Feb 2023

Modi made the comments in his address after inaugurating the 14th edition of Aero India at the Yalahanka Air Force station complex on the outskirts of Bengaluru.

National airlines fare poorly in punctuality

National airlines fare poorly in punctuality

Rediff.com4 Aug 2009

National carriers stood second-last among eight of the scheduled domestic airlines in percentage terms of on-time performance in departures during 2008, government said on Tuesday.

45 specialists to join Modi govt in major lateral entry push

45 specialists to join Modi govt in major lateral entry push

Rediff.com17 Aug 2024

Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.

Praful Patel grilled for 8 hrs in alleged aviation scam

Praful Patel grilled for 8 hrs in alleged aviation scam

Rediff.com10 Jun 2019

He is the first high-profile person who has deposed before the ED in this case.

How India enhanced its military might in 2023

How India enhanced its military might in 2023

Rediff.com31 Dec 2023

India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.