Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Vistara has entered a country that has been sobered down to reality.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
An analysis of buy and sell transactions by mutual funds during May shows that the fund houses purchased stocks from sectors like power, software, housing finance and sugar, while offloading shares from banking, refineries and airlines. According to brokerage firm Sharekhan, state-run NTPC, ONGC, TCS, Essar Oil and Reliance Petroleum figure among the favourite picks by the equity funds in the month of May.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
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.
India perhaps is the only market in the world where full-service and low-cost fares have become one.
There are several examples of one name standing in for many brands.
The government has begun consultations on relaxing the eligibility criteria for allowing Indian carriers to fly abroad, Rajya Sabha was informed.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
This is the second extension for the bids since June 18.
The response to the sale has been overwhelming.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Tony Fernandes said the aviation sector here was a "double marathon" and not a "sprint".
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In addition to that, an increasing number of airlines like SpiceJet, national carrier Air India and GoAir are either getting into hedging of aviation turbine fuel or increasing the quantum of ATF hedged on the MCX. Last month, state-run Indian Oil Corporation approached MCX to provide it with a platform to hedge its refinery margins and end products from crude oil.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Vistara reported a passenger load factor of 45.4 per cent.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
Vistara will have to face stiff competition from Jet Airways, AirAsia
Phee Teik Yeoh says that the worst is behind them.
No reason was cited for rescheduling of the meeting.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Air Deccan boss Gopinath is considered the father of low cost air travel in India.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
'There are smaller cities, which are very attractive to fly'.
Former Air India executive director Jitender Bhargava comes out with a book detailing what went wrong with the national carrier. According to him, India does not have a civil aviation policy, and that's just the beginning.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances