The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
"I'm not familiar with the documentary you're referring to, however, I am very familiar with the shared values that enact the United States and India as two thriving and vibrant democracies," US State Department spokesperson Ned Price said on Monday, responding to a media query on a BBC documentary on Prime Minister Narendra Modi which has sparked controversy since its release.
The White House said on Tuesday that there is no specific information about the role of Iran in the latest terrorist attack against Israel by Hamas, but it is complicit in a broad sense for funding the military wing of the terrorist group.
Prime Minister Modi's visit saw India and the US signing several major deals to boost cooperation in key areas such as defence, space and trade.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
Scindia claimed Tharoor is "lost in his esoteric world of thesaurus", and for him "data mining of selective press articles from the internet qualifies as "research".
Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.
Jet Airways will restart domestic operations by the first quarter of 2022 and short haul international flights by the last quarter of the next year, Jalan Kalrock Consortium, the winning bidder for the grounded airline, stated on Monday. The first flight of Jet Airways would be on Delhi-Mumbai route, it mentioned, adding that the airline would now be headquartered in Delhi instead of Mumbai. The National Company Law Tribunal (NCLT) in June this year had approved the Jalan Kalrock Consortium's resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings.
Days after an attack on a hospital in Gaza triggered global outrage, India on Thursday called for strict observance of international humanitarian law.
The US Air Force's (USAF) two newest fifth-generation supersonic multirole F-35A aircraft made a historic debut at Aero-India here on Monday, drawing strong interest and adding lustre to the five-day marquee event.
India remained the world's top arms importer, but its imports declined by 11 per cent between 2013-17 and 2018-22, according to a report released on Monday by Stockholm-based defence think-tank SIPRI.
The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
"The United States and China share a mutual interest in achieving regional stability and peace, and that a failure to designate Azhar would run counter to this goal," State Department Deputy Spokesperson Robert Palladino said in response to a question on previous successful attempts by China to block the UN designation of Azhar
Domestic air passenger traffic was back to the growth trajectory in June amid the falling number of COVID-19 cases in the country with around three million passengers flying on local routes in the previous month as against around two million in May, a report said on Tuesday. Though there is some recovery observed in June, stress on demand continues, driven largely by the second wave of the pandemic, limiting travel to only necessary travel, credit rating agency ICRA said in its report. On a sequential basis, domestic passenger traffic was up 41-42 per cent in June over May.
'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'
By creating mayhem, Hamas aims to force the Arab States to give up their plans of reconciliation with Israel, explains Colonel Anil A Athale.
Travelling from airport to Navrangpura, at the heart of the city and then to Motera at the other corner, not for once did it feel like there is a marquee cricket match being hosted in the city, tickets of which are already sold out.
Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
As the United States leads a sustained campaign against the dreaded terror outfit Islamic State, Prime Minister Narendra Modi on Saturday said success against global terror is within reach if countries adopt a common strategy.
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
Even as she promotes her latest international project Citadel, Priyanka Chopra has moved on to her next.
The Old Trafford stadium has been made a 'No Fly Zone' for India's semifinal clash against New Zealand, in Manchester, on Tuesday.
China, which considers the estranged island of Taiwan as part of its mainland, vociferously objects to any high-level foreign dignitaries meeting Taiwanese leaders.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
Verma, 54, who served as a former US ambassador to India from January 16, 2015, to January 20, 2017 is currently the chief legal officer and head of global public policy at Mastercard.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
It's all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Traditionally, this period sees the highest number of purchases. Dealers and manufacturers are complaining about low business-to-consumer (B2C) off-take during the first half.
The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.
The Chinese air force is now a 400,000-person force that flies some 2,000 combat aircraft -- more than thrice the size of the Indian Air Force.
When the armoured vehicles arrive in this 'kill zone', each PALM 400 picks out its target and fires an armour-penetrating projectile, penetrating it from the top where its armour protection is the least.
The aircrafts were flown to Mumbai for maintainance reasons
Cash-strapped Air India should be run by professionals even if the government partially off-loads its stake to investors to keep it off-the-ground, a top global aviation professional has said.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
Government officials say a shareholding structure has been mandated to discourage non-serious bidders from accessing Air India's data room
'This whole story is going to become extremely murky and that discovering who is an agent of the Indian government is not necessarily a simple matter.' 'And that if Trudeau was to name (the person) who he thinks is the connection with the Indian government, that the Indian government will be sure to have some deniability and will be able to say he had nothing to do with us.'
Several global models are predicting El Nio to appear around the second half of the year, which are the crucial rain-bearing months.
Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.
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