This is three and a half times the loss in the same quarter a year ago.
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
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
'Everyone knows that you including your son won't be able to spend all the wealth that you have earned then why not at least pay the salaries of your employees,' the letter said.
Abu Dhabi-based Etihad Airlines has agreed to halve the number of directors on the Jet Airways Board to two posts under the Rs 2,058 crore deal, giving the Indian promoters 'effective control' of the carrier.
Counter-hijack operations force National Security Guard has submitted a report to the union home ministry giving details of the sequence of events that led to the surprise recovery of a dummy stun-grenade on-board an Air India plane when it landed at Jeddah few days back.
Expected to offer Gripen NG fighter aircraft or a possible joint collaboration in manufacturing single engine light combat planes.
Commissioned on December 14, 1974 in the fighter stream of the IAF, Raha has held various command, staff and instructional appointments in his 39-year-old career.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
Iqbal wanted to land the smuggled goods by helicopter on the Andaman Islands. DK asked, 'Iqbal, a helicopter will bring the consignment to the island, drop it there and then return. Won't radars detect it?' 'No.' 'How?' 'Radars can't detect aircraft that fly at a low altitude. Our helicopter, after entering India's air space, will dive and fly at four feet above the sea level.' 'For that, I have a German pilot in mind. He was an ace aviator in the last world war.' An enthralling excerpt from Aabid Surti's Sufi: The Invisible Man Of The Underground.
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
Investors recognise India's market growth
Indian IT industry veterans believe lack of maturity from the political leadership may have helped people in the US to take advantages.
French Defence Minister Jean-Yves Le Drian will hold talks with his Indian counterpart Manohar Parrikar on Tuesday.
Index heavyweights continue to be top losers with ICICI bank.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
United Breweries says sales could fall by 40% following court ban.
The Indian Air Force is operating with "much less" aircraft than its authorised strength of 42 combat squadrons and in case of any further delay in the proposed 126 fighter jet deal, the force levels in the service will "go down rapidly", its chief NAK Browne said on Friday.
The Survey lists some of the challenges that might impede India's progress.
Out of the 24 IPOs, 20 companies had anchor investors, which collectively subscribed to 31 per cent of the total public issue amount.
Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
All international passengers will henceforth be screened at airports, Health Minister Harsh Vardhan said at a press conference. Earlier, travellers from only 12 countries were screened at airports for the disease that has claimed over 3,000 lives and infected more than 90,000 worldwide.
Russian Helicopters has scored another billion dollar home run by winning the Indian Navy's tender for 111 'naval utility helicopters'.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The Sena also asked why the government was only talking about discipline while flying and not on the ground as well, and why the Centre does not threaten to dissolve a state assembly when there is even one incident of farmer suicide.
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After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.
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.
India Inc is ready to diversify into unchartered areas.
In a two-page letter written on December 12, 2017, the Reliance head said he was "personally saddened" by the "unfortunate statements" against him and his group by several functionaries of the Congress party.
Modi's visit to Spain will be first visit by an Indian prime minister since 1988.
India won't pay more than $7 billion for 36 Rafale aircraft. The French want $11 billion.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines
These companies have survived bankruptcies.
The group said Dassault choose Reliance Defence Ltd to meet its 'offset' or export obligation in the contract and the Ministry of Defence has no role in the selection of Indian partners by the foreign vendors.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Jet-Etihad deal documents among those leaked: CBI
It has been a year since Malaysia Airlines Flight MH370, carrying 239 passengers, disappeared without any trace.
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