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.
'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.
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.
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.
There could be rejig at top level at SpiceJet.
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.
'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.
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.
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.
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.
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.
ED has approached the MEA seeking initiation of deportation.
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.
India is one of the largest military equipment importers in the world, at over $8 billion a year.
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.
In 2015, India's domestic aviation market clocked 81 million flights.
RBI, Enforcement Directorate to see if money was sent to tax haven
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.
Thomas Cook India's internal data had highlighted Lucknow region as a high potential source market for holiday business.
'The impact of economic shocks on the labour markets is usually on the young who delay their entry in response to a fall in job opportunities,' says Mahesh Vyas.
The development follows the acquisition of 37.5 per cent stake in the air-carrier by South-India based media baron, Kalanithi Maran.
A home ministry official said while 9,000 Tablighi Jamaat members and their primary contacts have been quarantined till now across the country due to "massive efforts" to check the outbreak, the Centre has written to all states and union territories that "the lockdown measures should be implemented in letter and spirit".
Addressing his monthly 'Mann ki Baat' programme, he also said that India's fight against the novel coronavirus has become people-driven wherein every citizen is playing his or her part.
Govt to introduce new aviation policy on May 15.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
'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 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.
The agreement between the two has a long stop date clause, stipulating that all approvals be secured by then.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
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.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
The number of such incidents stood at 25 in 2015, 31 in 2014 and 23 in 2013.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
Britain has now emerged as the "terror capital of the West" as whenever a major terrorist attack is attempted, suspicion swings on this country, a media report said on Sunday.
BJP spokesperson alleges that the then Principal Secretary to Prime Minister Pulok Chatterjee would "snatch files" from Dr Manmohan Singh to take it to 10 Janpath, Sonia Gandhi's residence.
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