Maran had sought attachment of SpiceJet promoter Ajay Singh's shares by an administrator unless the payment was made.
'The need for added safety has bolstered demand for charter flights in the last year and is expected to continue.'
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IndiGo, which has about 550 flights a day, has increased the number of daily flights from Delhi to Hyderabad and Chennai to seven.
'Kindly advise about the following stocks. Can I hold or exit?'
Reliance group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said. The agency is expected to record the statement of Ambani under the Prevention of Money Laundering Act. The 60-year-old businessman arrived at the ED office in Ballard Estate around 9.30 am.
Options include fresh capital infusion by the management and/or some new investors.
These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.
The Etihad delegation was led by its CEO James Hogan at the meeting, which was also attended by Jet Airways promoter Naresh Goyal.
The foreign contingent was forced to stay back after the I-League season had been stopped abruptly due to the outbreak of the pandemic.
No-frills carrier IndiGo has expressed interest to buy Air India
India on Sunday brought back nearly 400 people, including 329 of its nationals and two Afghan lawmakers, in three different flights as part of its efforts to evacuate its citizens from Kabul in the backdrop of the deteriorating situation in the city after its takeover by the Taliban
Sale of wide-body aircraft will not affect internatinal flights, says Jet
Using flight search, travellers in the US, Canada, the UK, the Netherlands, Spain, France, Italy, Germany, Poland and Ireland will be able to explore and compare flights to and from any of Etihad Airways 103 destinations.
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.
Growth rates in traditional markets are slowing and airlines need to reshape their networks.
A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the high court in London upheld an application to amend their bankruptcy petition, in favour of waiving their security over the embattled businessman's assets in India. Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs handed down his judgment in favour of the banks to declare there is no public policy that prevents a waiver of security rights, as argued by Mallya's lawyers. At a virtual hearing, July 26 was set as the date for final arguments for and against granting a bankruptcy order against the 65-year-old Mallya after the banks accused him of trying to "kick matters into the long grass" and called on the "bankruptcy petition to be brought to its inevitable end".
Naresh Goyal-led Jet has also changed the shareholders agreement and amended the investment agreement and the articles of association, as suggested by the Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, official sources said.
Jet Airways would have four directors on the board; there would be seven independent directors as well.
The research suggests that due to strenuous exercise, elite athletes are more likely to inhale virus particles and direct them to the lower areas of the lung.
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