Index heavyweights continue to be top losers with ICICI bank.
The report came amid speculation on social media that JeM founder has died.
The aircraft belonging to the private Agni Airlines, was carrying 11 passengers and three crew members. It crashed near Shikharpur village in Makawarnur district, about 80 kilometers south of Kathmandu. The German-built Dornier plane was en route to Lukla, a popular trekking spot in the Everest region of eastern Nepal, from Kathmandu when the accident occurred, the Himalayan Times reported
Its revenue during the period grew by 65 per cent to touch Rs 9,458 crore (Rs 94.58 billion), as against Rs 5,718 crore (Rs 57.18 billion) during FY12.
Tata-SIA will kick off with full-service domestic operations.
With the volcanic clouds over the European airspace virtually shutting down global air traffic, Air India on Saturday announced cancellation of flights to Europe and North America scheduled Sunday.
The long-pending Jet-Etihad deal envisaging foreign investment of Rs 2,058 crore will come up before Foreign Investment Promotion Board (FIPB) for approval on July 29.
None of the passengers on board the ill-fated Air India Express flight, which crashed at Mangalore Airport on May 22, were travelling on forged passports, a senior Dubai official has said.
'It is important to ensure that the person driving the car has a valid driving licence, is in a stable mental condition and is not under any heavy medication or influence of alcohol,' says K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance.
'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya.
A Jet spokesperson said the private carrier would operate Newark-Mumbai-Newark and Toronto-Delhi-Toronto sectors by making a technical halt at Athens as an alternate temporary transit point through Europe.
There could be rejig at top level at SpiceJet.
Moving ahead with its fleet expansion plan, cash-strapped Air India has sought a long-term loan of USD 475 million from banks and financial institutions to acquire three long-haul Boeing-777s.
Over 300 angry relatives of Chinese passengers aboard the Malaysian airliner on Tuesday clashed with security personnel outside Malaysia's embassy in Beijing as China demanded the truth about the jet's mysterious crash.
The extent to which the Barack Obama administration will go to humour Pakistan is highlighted by the fact that its envoy to United Kingdom drove four hours to Manchester to ensure that a zealous American airline security does not body-scan Foreign Minister Shah Mahmood Qureshi ahead of his arrival in Washington.When Qureshi's commercial flight to the US stopped in Manchester this week, American Ambassador in London Louis B Susman drove four hours to be there.
Pusapati was given detailed presentations on various aspects of the sector by senior officials of the Ministry.
Private carrier Jet Airways is re-working a comprehensive profitability plan sought by its foreign partner Etihad Airways, which completed a 24 per cent stake purchase in the Naresh Goyal-led carrier recently.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Non Resident Indians have invested Rs 9,650.64 crore (Rs 96.50 billion) from August 1991 to December 2005, constituting 6.30 per cent of the total Foreign Direct Investment inflow, Rajya Sabha was informed on Tuesday.
National carrier Air India and GE Aviation will together invest USD 90 million to set up a maintenance, repair and overhaul (MRO) facility to cater to the latter's GEnx-1B engines.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
The airline, which flies to 10 Indian destinations and has 184 flights each week, announced several attractive schemes to cater to the summer rush to attract Indian holiday travellers to fly to Dubai and beyond.
India is one of the largest military equipment importers in the world, at over $8 billion a year.
ED has approached the MEA seeking initiation of deportation.
In 2015, India's domestic aviation market clocked 81 million flights.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
RBI, Enforcement Directorate to see if money was sent to tax haven
'A sense of purpose is lacking in India's diplomacy.' 'This is what happens when foreign policy becomes the stuff for grandstanding before the domestic audience,' says Ambassador M K Bhadrakumar.
The development follows the acquisition of 37.5 per cent stake in the air-carrier by South-India based media baron, Kalanithi Maran.
Govt to introduce new aviation policy on May 15.
Thomas Cook India's internal data had highlighted Lucknow region as a high potential source market for holiday business.
The pilots have been served 30-day notice stating that their services were not required at this stage, a Jet Airways source told PTI on Tuesday.
Show-cause notices have been issued to 18 multinationals including Samsung, LG, Daewoo Motors, Japan Airlines and Marubeni for alleged violation of foreign exchange regulations, Rajya Sabha was informed on Tuesday.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
The agreement between the two has a long stop date clause, stipulating that all approvals be secured by then.