News for 'National Aviation Company of India'

'We want Air India to keep flying'

'We want Air India to keep flying'

Rediff.com30 Jan 2020

'Whether it is the unions or the politicians, they don't have to do politics over Air India, but be guided by a solitary factor -- that we don't want Air India to fly into oblivion.'

Intellectual Property Index: India lags behind Vietnam, Nigeria

Intellectual Property Index: India lags behind Vietnam, Nigeria

Rediff.com5 Feb 2015

India has now moved up 1 position to 29th.

Ghaziabad man becomes 30th coronavirus case in India

Ghaziabad man becomes 30th coronavirus case in India

Rediff.com5 Mar 2020

The Paytm employee, who tested positive for the contagious disease with flu like symptoms on Wednesday, came in touch with 91 people in Gurgaon, an official said, citing his counterpart in the suburban town.

Lockheed Martin offers to build F-16s in India on assured orders from IAF

Lockheed Martin offers to build F-16s in India on assured orders from IAF

Rediff.com4 Aug 2016

The company wants to make F 16-Block 70 "for India, from India and export to the world".

Boeing's 737 MAX 8 grounded: All you need to know

Boeing's 737 MAX 8 grounded: All you need to know

Rediff.com14 Mar 2019

If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.

Congress lists questions on Rafale for government, says India demands answers

Congress lists questions on Rafale for government, says India demands answers

Rediff.com9 Feb 2018

Randeep Surjewala also accused the government of "doublespeak" and "sacrificing" national interests.

Adani takes on Ambani, to invest $20 bn in renewable energy

Adani takes on Ambani, to invest $20 bn in renewable energy

Rediff.com21 Sep 2021

Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and component manufacturing and will produce the world's cheapest green electron. The port-to-energy conglomerate plans to triple its renewable power generation capacity over the next four years, foray into green hydrogen production, power all data centres with renewable energy, turn its ports into net carbon zero by 2025, and plans to spend over 75 per cent of capital expenditure until 2025 in green technologies, he said. Speaking at JP Morgan India Investor Summit, Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution.

Home ministry may stall FDI plans of 6 Chinese firms

Home ministry may stall FDI plans of 6 Chinese firms

Rediff.com29 Jun 2020

The ministry of home affairs has received more than 20 proposals for foreign direct investment (FDI), including from China and Hong Kong, requiring security clearance between April and May. 'We are vetting some of these proposals which have come from various sectors. One of the applications is from a well known start-up,' an official said. 'We await inputs from Research and Analysis Wing, intelligence agencies, external affairs ministry, and embassies.'

Reliance, Dassault sealed the deal during UPA rule: BJP's counter to Rahul

Reliance, Dassault sealed the deal during UPA rule: BJP's counter to Rahul

Rediff.com22 Sep 2018

Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.

PM Modi arrives in Berlin, says visit will deepen India-Germany friendship

PM Modi arrives in Berlin, says visit will deepen India-Germany friendship

Rediff.com29 May 2017

His Germany visit, which he described as a "new chapter" in bilateral relations, will begin with a meeting with Chancellor Angela Merkel at her country retreat of Schloss Meseberg.

Over half of BSE 500 stocks rode the bull in 2015

Over half of BSE 500 stocks rode the bull in 2015

Rediff.com30 Dec 2015

The S&P BSE Sensex has dipped five per cent, thus far, in CY15.

India Inc hopes for economic revival under NDA 2.0

India Inc hopes for economic revival under NDA 2.0

Rediff.com24 May 2019

Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.

For Jet Air staff, it's 'light at the end of the tunnel'

For Jet Air staff, it's 'light at the end of the tunnel'

Rediff.com19 Oct 2020

Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.

India, Vietnam sign nuclear-pact, 3 other agreements

India, Vietnam sign nuclear-pact, 3 other agreements

Rediff.com9 Dec 2016

The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.

Indian airlines staring at Rs 20K-cr loss in FY22

Indian airlines staring at Rs 20K-cr loss in FY22

Rediff.com17 Jan 2022

Hit by the third wave of the COVID-19 pandemic and soaring fuel prices, airlines are flying towards record losses with a likely loss of a whopping Rs 20,000 crore for the full fiscal year, warns a report. The airlines are flying towards their steepest-ever net loss of over Rs 20,000 crore this fiscal, which will be 44 per cent more than Rs 13,853 crore they bled last fiscal, Crisil said in a report. This will push back the industry's recovery beyond fiscal 2023, the report based on three large listed airlines--Indigo, Spicejet, and Air India--which together command 75 per cent of the domestic traffic, warned.

Jet Air employees have a plan to revive the airline

Jet Air employees have a plan to revive the airline

Rediff.com28 Jun 2019

If all goes well, then every single employee of Jet Airways will become an owner of the airline.

Covid air pocket leaves flyers with forced vouchers

Covid air pocket leaves flyers with forced vouchers

Rediff.com6 Apr 2020

International and Indian airlines are refusing to refund cash and giving credit that can be used later.

AgustaWestland accused, lobbyist arrested after deportation from Dubai

AgustaWestland accused, lobbyist arrested after deportation from Dubai

Rediff.com31 Jan 2019

They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.

Coronavirus may lead to 68% of aircraft being grounded

Coronavirus may lead to 68% of aircraft being grounded

Rediff.com21 Mar 2020

According to a calculation by the government, India's airlines currently have 633 aircraft of which they may operate only 200.

India, Qatar sign agreements on visas, cyberspace, investments

India, Qatar sign agreements on visas, cyberspace, investments

Rediff.com3 Dec 2016

Modi and the Qatari Prime Minister, who is in New Delhi on his first visit, discussed enhancing cooperation in defence and security, in particular in cyber security and agreed on joint action to tackle money laundering and terrorist financing.

Indigo lines up Rs 2,500-cr IPO; files papers with Sebi

Indigo lines up Rs 2,500-cr IPO; files papers with Sebi

Rediff.com30 Jun 2015

Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.

Vedanta confirms bidding for govt's stake in BPCL

Vedanta confirms bidding for govt's stake in BPCL

Rediff.com18 Nov 2020

The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).

If Air India ceases to exist, who will be the biggest gainer?

If Air India ceases to exist, who will be the biggest gainer?

Rediff.com20 Nov 2015

Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.

IndiGo to list shares tomorrow

IndiGo to list shares tomorrow

Rediff.com9 Nov 2015

This was the biggest IPO in the Indian market since Infratel's.

Finally, Air India records profit after long spell of losses

Finally, Air India records profit after long spell of losses

Rediff.com12 Jan 2015

After a long spell of losses, national carrier Air India recorded a net profit of Rs 14.6 crore (Rs 146 million) in last December, driven by a healthy growth in both passenger and cargo revenue.

How rising competition adds to Air India's woes

How rising competition adds to Air India's woes

Rediff.com4 Nov 2014

The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.

Sitharaman visits Rafale manufacturing facility in France

Sitharaman visits Rafale manufacturing facility in France

Rediff.com13 Oct 2018

RM took stock of progress in production of the fighter jets whose delivery to India will begin in September next year.

Jet Airways pilot assaulted woman passenger: Harbhajan

Jet Airways pilot assaulted woman passenger: Harbhajan

Rediff.com26 Apr 2017

An expat pilot with Jet Airways hurled "racist" comments at and assaulted a woman and also abused a physically challenged person on a flight, cricketer Harbhajan Singh claimed.

Zomato gets inspired by Satyajit Ray film

Zomato gets inspired by Satyajit Ray film

Rediff.com20 Jun 2019

The Gurugram-based company had acquired Lucknow-based drone manufacturer and consultant start-up TechEagle in December, to expand food delivery using drones

Modi's 'Make in India' pitch to extend red carpet for investors

Modi's 'Make in India' pitch to extend red carpet for investors

Rediff.com24 Sep 2014

The Prime Minister will be releasing separate brochures for these sectors along with a general brochure.

CBI files FIR in Air India software procurement 'scam'

CBI files FIR in Air India software procurement 'scam'

Rediff.com13 Jan 2017

The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.

To counter OBOR, India plans to 'bridge' the gap with Asean

To counter OBOR, India plans to 'bridge' the gap with Asean

Rediff.com18 Jul 2017

These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.

New airlines to take wing in 2015

New airlines to take wing in 2015

Rediff.com5 Dec 2014

The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.

Jet lenders mull open auction process

Jet lenders mull open auction process

Rediff.com24 Mar 2019

Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.

Despite jobless Indian pilots, why are Indian airlines still hiring expat pilots?

Despite jobless Indian pilots, why are Indian airlines still hiring expat pilots?

Rediff.com10 May 2017

Airlines tell Arindam Majumder and Aneesh Phadnis they are forced to look at expats due to a lack of commanders, a position that requires experience.

Sensex drops 340 points ahead of Aug IIP; Infosys zooms 7%

Sensex drops 340 points ahead of Aug IIP; Infosys zooms 7%

Rediff.com10 Oct 2014

The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883

COVID-19 crisis: How India's small businesses will survive

COVID-19 crisis: How India's small businesses will survive

Rediff.com25 Apr 2020

'Their dharma propels them to pay their workers; otherwise, they know the boys would starve.' 'At the same time they will not allow their business to suffer,' observes Dr Sudhir Bisht.

Fair weather! Air India cuts losses at last

Fair weather! Air India cuts losses at last

Rediff.com27 Jul 2015

There has been, a nominal increase in the aircraft maintenance cost.

'Posco green nod will enthuse Korean cos to invest in India'

'Posco green nod will enthuse Korean cos to invest in India'

Rediff.com17 Jan 2014

The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.

India needs $ 4.5 trn by 2040 to develop infrastructure

India needs $ 4.5 trn by 2040 to develop infrastructure

Rediff.com29 Jan 2018

About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.