The US is not in a forgiving mood for being humiliated in such a manner by an insurgent force and made to look 'loser' internationally, predicts Ambassador M K Bhadrakumar.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
Government believes privatisation would increase the airline's efficiency and make it profitable, enriching the value of the remaining stake with it.
Mittu Chandilya has criticised the proposed credit-based policy for international flight.
'I used to tell my wife to pack extra food in my tiffin so that I could at least offer that to my colleagues who were living on vada pav.'
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
Foreign carriers leveraged the sixth freedom rights to grab Indian market share.
A small plane carrying 23 people, including two foreigners, on Wednesday went missing in a mountainous area in Nepal amid poor visibility.
Iran's president Hassan Rouhani offered his apologies and condolences.
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
Mission completed, external affairs minister S Jaishankar tweeted.
An expat pilot with Jet Airways hurled "racist" comments at and assaulted a woman and also abused a physically challenged person on a flight, cricketer Harbhajan Singh claimed.
The lower quarterly profit was mainly due to rise in fuel costs, foreign exchange loss and lower yield
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
A mutually beneficial relationship between the airline and the govt is the reason for its continued funding.
AirAsia India, which is using the training facilities of its parent airline AirAsia in Malaysia, plans to set up similar facilities in India in the coming years, airline sources said.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
The government's focus is on containing and controlling coronavirus the Ministry of External Affairs said on Thursday and advised Indians to stay put wherever they are and travel only under compelling reasons. Responding to questions about IPL and other sporting events, it said the MEA's advise would be "not do it at this time but if the organisers want to go ahead, it is their decision".
An analysis of shareholding patterns of three-listed airlines showed that foreign institutional investors have reduced their stakes in Kingfisher and SpiceJet while hiking their holdings in Jet Airways in three months ended December 2011.
Jet and Etihad have already agreed upon a Rs 4,000-crore interim financing plan according to which Etihad will put in Rs 750 crore either on its own or from an offshore or onshore lender, and a matching amount will be provided by the Jet lenders.
A woman Jet Airways employee was allegedly trying to smuggle out foreign currency worth over Rs 3 crore.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
How the first FDI in aviation was achieved.
The facility will be available for domestic as well as foreign carriers flying in Indian skies.
Cleartrip acquired Saudi travel firm Flyin last July and it provides bilingual ground support service and itineraries for inbound tourists.
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.
India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.
The investigating agency is examining the documents.
AirAsia recently said it would set up a 49:30:21 joint venture with the Tata Sons and Telestra Tradeplace of Indian investor Arun Bhatia to launch a new Indian airline.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
FIIs, on the contrary, have been exiting the stock.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
Russia on Sunday mourned its biggest ever air disaster after a passenger jet full of Russian tourists crashed in Egypt's Sinai, killing all 224 people on board.
An official of the aviation regulator DGCA had said that the pilots aborted the take off after they were informed about a 'barrier' on the runway
Stocks of SpiceJet on Friday surged nearly 10 per cent after the company returned to original promoter Ajay Singh for its revival in a multi-layered deal worth up to Rs 1,500 crore (Rs 15 billion).
The ED has pressed charges under various sections of the Prevention of Money Laundering Act against Mallya and others named in the CBI complaint
Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.
The proposal was cleared by the Foreign Investment Promotion Board, Finance Ministry said in a statement.
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