Jet Airways -- which has been flying for 25 years - on Friday described reports that the airline cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of stake sale.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Deccan Aviation, which operates the country's largest budget carrier Air Deccan, will make a preferential allotment to investors to raise $75-100 million for its expansion plans.
Was Flight MH370 diverted en route Beijing? What exactly caused the fatal crash? Even as Malaysia confirms that the wing part washed ashore Reunion Island was from the missing jet, crucial questions remain unanswered
Symbolism was evident at the Aero India 2007 air show that concluded in Bangalore on Sunday.
'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
The earlier attempt at its auction had received a bid of Rs 1.09 crore as against the then reserve price of Rs 152 crore
"My family reputation kept me a silent spectator, as I mutely watched the organisation I founded come to a point where it was publicly auctioned; where my family and myself have been stripped of our legacy, our finances and my personal credibility."
Domestic airlines on Thursday welcomed the 12.5 per cent cut in jet fuel prices, terming it as a much-needed relief but ruled out any immediate reduction in fares.
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.
Most of them had to wind up operations due to high operating cost, expensive fuel and longer than expected gestation period.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
Sale of wide-body aircraft will not affect internatinal flights, says Jet
State-run oil firms on Saturday hiked jet fuel (aviation turbine fuel) prices by 18.5 per cent in step with rising international oil prices.The ATF price charged from airplanes has been raised to Rs 69,227.08 per kilolitre (kl) in Delhi from midnight on Saturday, an Indian Oil Corp, the nation's largest retailer, said.
Lauda was so badly injured in that accident at the 1976 German Grand Prix that a priest gave him the last rites as he lay in a coma.
US aviation and defence major Textron, which is looking at India as a major market in the coming years, on Tuesday named former HAL chief N R Mohanty as head of its operations in the country.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Wipro Technologies is acquiring US-based Quantech Global Services for $10 million in an all cash deal to strengthen its competence in mechanical engineering design and analysis services.
The rating affirmation reflected RIL's strong business profile - a large-scale refinery with a capacity of around 1.2 million barrels a day and dominant market position in petrochemicals.
A massive pan-India inoculation drive against COVID-19 was set in process on Tuesday with more than 56 lakh doses of the Covishield vaccine flown to 13 cities across India from Pune and taken to designated national and state-level stores amid tight security.
Only a 5-year-old airline with 20 planes is allowed to fly abroad.
Jet fuel constitutes over 40 per cent of an airline's operating costs and the price cut will bring relief to the cash-strapped carriers.
The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.
This is a setback for the divestment process of Air India as no other Indian airline has the capability to fund the process
It's a post-truth world for multinational brands and businesses too.
However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.
In the next quarter, the country will also start gearing up for various Assembly elections could put the government as well as the OMCs under pressure
With a dimension of 16.67 metres by 4.2 metres by 1.0 metres and a weight of 3,500 kg per wing, the wing box is the largest Airbus aircraft component ever produced by a Chinese aviation company.
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
Air fares to go up as ATF price is hiked by 8.2%.
In a move that would put India on the global aviation technology map, the government on Thursday approved the creation of a joint venture company by public sector company Hindustan Aeronautics Ltd and French firm SNECMA Moteurs for manufacture of spa
Falling jet fuel prices, stable rupee signal lower losses
The BJP alleged that former French president Francois Hollande is part of the "nexus" to sabotage the procurement.
An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
The manufacturing sector now contributes about 16-17 per cent to the GDP
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
The IPL uses this system for players' auction.
Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
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