International no-frills budget carriers making a beeline for India.
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
Most of the European nations, including the United Kingdom and Germany, reopened their air space on Wednesday after an unprecedented six-day lockdown due to the Icelandic volcanic ash that stranded tens of thousands of passengers globally and caused airlines a loss of $1.7 billion.
He sold 8.84% stake for Rs 55 crore based on average stock price in September quarter.
The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.
The boy was born through a C-section on June 16 at Sonam Nurboo Memorial Hospital in Leh and 30-year-old Dorjey Palmo found out that her baby was unable to suckle when she tried to feed him. The baby underwent a complex life-saving surgery recently at a private hospital New Delhi.
A Kingfisher Airlines flight IT-3149 from Mumbai to Lucknow was grounded at Mumbai airport after a bomb scare. The airline got a call as the plane was taxiing on the runway. The plane was then taken to the isolation bay of Mumbai airport.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Minority investors of SpiceJet might be feeling cold-shouldered.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
UCO Bank will not allow Kingfisher Airlines to be represented by lawyers in the wilful default case hearing.
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.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.
The Navy chief also inaugurated the new Air Traffic Control building there.
After razing his ancestral bungalow, housed in an expansive 4.5-acres of prime location in the central business district of Bangalore, Mallya's attempt to unlock value in the land by building the luxury KingfisherTowers has been stalled.
'I am indirectly related to VG Siddhartha. Excellent human and brilliant entrepreneur. I am devastated with the contents of his letter,' Mallya said on Twitter.
According to the Houston Airport System officials, lightning hit United flight 1001 from Houston to Bogota on Thursday afternoon.
Times Square bombing suspect Faisal Shahzad's bid to flee the United States did not raise any red flag as the airline whose flight to Dubai he boarded had not refreshed its information on the Pakistani-American being tailed by the Federal Bureau of Investigation.
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
The Al-Qaeda has developed new explosive devices that enable suicide bombers carry them hidden in stomach to breach airline security measures, the media reported on Sunday. An al-Qaeda militant passed through several airline security checks with a bomb hidden in his intestine and made an abortive bid to assassinate a prominent Saudi prince, The Sunday Telegraph reported.
A Bombardier q400 airplane is being assembled at the Bombardier aircraft manufacturing facility in Toronto.
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.
Though the UB Group chairman didn't name anybody, some of these associates could be the owners of Balaji Distilleries, whose breweries and distilleries were acquired by UB Group companies -- United Spirits and United Breweries -- during the last financial year.
In a conversation with Business Standard after an eventful annual general meeting of Kingfisher, he clears the air on many aspects.
The Boeing website lists the price of a Boeing 737-800 aircraft at $90.5 million.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
A mutually beneficial relationship between the airline and the govt is the reason for its continued funding.
Given its network and fleet, it has garnered the highest share of passenger growth.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
The contempt petition in the Karnataka High Court has been filed only against liquor baron Vijay Mallya alleging breach of an oral undertaking given before the Debt Recovery Tribunal that they would not alienate unencumbered assets nor deal with them, Counsel for a consortium of banks clarified on Wednesday.
Kerala has recorded 24 cases including two foreign nationals.
Vijay Mallya-promoted Kingfisher Airlines, which recently got approval to fly on nine international routes, today said it will start direct daily flights from Mumbai to London from January 5, 2009.
US-based Delta Airlines on Monday said it would start a direct flight between Mumbai and New York later this year.
Israel has broken its tourism record of Indian arrivals for the second consecutive year!
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
The results are required to be disclosed by listed companies on stock exchange platform for benefit of investors.
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