Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
The airline re-built the flight schedule and refunded passengers.
Delusionship is a state of mind; it is that mental rollercoaster where someone crafts a whole love story in their mind, from a dazzling proposal to happily-ever-after with kids, all without even uttering a 'hello' to their crush in reality, explains rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app.
Maran challenged reports that he and another company official have been summoned as accused by a Delhi court in two tax evasion cases
You'll be spoilt for choices with these varieties.
Board has also accepted the resignations of Marans.
Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.
Fast-moving consumer goods major Dabur India is set to enter the branded spices and seasoning category. It has signed an agreement to acquire 51 per cent in Badshah Masala for a cash consideration of Rs 587.52 crore. The acquisition, the company says, is in line with its strategic intent to expand its food biz to Rs 500 crore in three years.
The latest updates from Hollywood.
New India Assurance is the insurance provider.
Who owns a recipe, and should one fight over its origins?
You will be as smitten with this Singaporean soup as I was.
Swift, who last weekend won the Grammy Award for album of the year for a record fourth time, has attended 12 Chiefs games since she began dating Kelce last year, boosting already sky-high NFL ratings.
Sanjiv Kapoor questions the rival's change in strategy and claims of full load.
Soya chunks and peas, in a spicy gravy, with rice or rotis is wonderful midday meal.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
It offers fares as low as Rs 1,499 for a one-way journey.
Amid reports of a possible stake sale, low-cost airline SpiceJet on Friday said it is exploring all options to mop up funds to overcome the cash crunch.
Aditya Birla group's Idea Cellular has signed a deal to acquire 40.8 per cent stake in Spice Communications for Rs 2,716 crore (Rs 27.16 billion).
SpiceJet to add 7 planes; another Rs 500 cr infusion in April.
Spice Communications, in which Telekom Malaysia holds 49 per cent stake, will invest up to $300 million (about Rs 1,200 crore) in its existing circles in Punjab and Karnataka, a senior official of the company said.
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SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
Idea Cellular, the Aditya Birla group firm that is on the verge of taking over Spice Communications by buying out B K Modi's 41 per cent stake, is sounding out its bankers to raise funds to upgrade in the struggling telecom operator's network and technology.
The Tatas and the Dubai-based Istithmar Group may increase their stake in Delhi-based low-cost carrier SpiceJet, which has a 10 per cent market share in Indian aviation market. While the Tatas, who currently hold 7 per cent stake in the company through Ewart Investment, may hike their shareholding to 15 per cent, Istithmar is likely to raise its stake from 13 to 30 per cent, sources said.
IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).
Snapping its declining trend, retail inflation rose to a three-month high of 5.55 per cent in November on firming food prices, including vegetables and cereals, though it remains within the RBI's comfort zone of less than 6 per cent. Inflation based on the Consumer Price Index (CPI) was 4.87 per cent in October and 5.88 per cent in November 2022, the government data released on Tuesday showed. The previous high was 6.83 per cent in August and inflation had been on a decline since then.
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
In the last two years, several Indian companies have ventured into Singapore by acquiring small and medium companies at low prices.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
The airline reported a loss of over Rs 1,000 crore last fiscal which is five times higher than its 2013 loss.
ITC highlighted that legal cigarettes account for 9 per cent of tobacco consumption in India, but 80 per cent of tax collection is from tobacco products. While illicit cigarettes account for roughly one-third of the market share, legal cigarette volumes have recovered to around 96 per cent of peak FY13 volumes, after dipping to 70 per cent in FY21.
L&T is the largest single shareholder in Satyam holding a 12 per cent stake in the IT firm.
Love paneer? Are you a huge fan of khoya? How about combining the two to create a rich Indian curry that goes well with steamed rice or naans?
The neighbourly rivalry and the intriguing prospect of a duel between Real Madrid team mates Sergio Ramos of Spain and Portugal's Cristiano Ronaldo meant the Group B match was always going to be one of the highlights of the opening round.
This favourite Holi dish can be made without deep frying the baras or bhalles.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
'It was a machinery of death. A large number of Hindus were first converted and then persecuted from 1560 all the way to 1812!' says novelist Richard Zimler.
