India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.
At present, the Mactan Cebu International Airport can handle seven million passengers a year
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good Times', with the board of a company he nurtured into India's largest liquor maker asking him to quit.
Some have welcomed this shift in the government's stance.
AAI has 51% stake in the project while Punjab and Haryana have 24.5% equity each.
Airlines likely to be allowed to operate with smaller aircraft.
Vistara was launched on January 9.
India's main hubs are bursting at the seams.
Battling choppy weather, power crisis, inundated streets and the odds, the students, with a few girls among them, survived through the tough times, keeping each other strong.
Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Instead of giving away the airports to the private sector 'on a platter', state-run Airports Authority of India should form a subsidiary or a special purpose vehicle to grant management contracts to entities having expertise in the field, the panel recommended.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Pusapati was given detailed presentations on various aspects of the sector by senior officials of the Ministry.
Private airports are much better but because of poor regulation, the tariffs have shot up.
A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.
The 'context' of the launch of GSAT-15 highlights that India has much ground to cover in the transponder arena while in satellite navigation arena ISRO's progress has been satisfactory, says Ajey Lele.
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
Cops said that 'whatever has been alleged by his (Kanhaiya's) friend, in our inquiry hasn't been found to be true'.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
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.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
Civil Aviation Minister Ajit Singh has said that India is a land of emerging opportunities and the aviation scenario in the country is fast changing and poised for breaking boundaries and scaling new heights.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
SpiceJet has cut costs to turnaround the carrier in a year's time.
In a minor relief for residents of flood-hit Chennai, the rains have stayed away for the last few hours.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Experts are divides on whether a new international airport should be developed at Greater Noida.
SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
Overseas airlines can operate unlimited number of flights into and out of India.
But its sales pitch will remain muted till India opens up more seats on the route
It is imperative that the government first decides who should assume ownership of running Air India.
Inter-ministerial group to meet on Thursday to finalise model concession pact.
Ajay Singh is trying hard to turnaround SpiceJet.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
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