These coaches, officials said, will be "economical" and in between the current AC three-tier and non-AC sleeper class.
In recent days, there have been complaints from passengers about long queues and waiting hours at the airport.
This fully double-decker aircraft, which landed at 10.50 am, has a passenger capacity of 850 seats in all economy configurations, but in three classes it has the capacity to carry about 550 passengers.
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
The Adani group plans to bid for setting up duty-free shops at the Macau international airport, as India's largest airport operator spreads its wings overseas. In a stock exchange filing, Adani Enterprises, the flagship firm of the conglomerate run by billionaire Gautam Adani, said it has completed the incorporation of a wholly-owned subsidiary, MTRPL Macau Ltd, in Macau on November 20. The subsidiary has been incorporated for the purpose of getting into the duty-free industry.
The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.
The good news is that the government has taken notice of the pain and has formed a task force to improve operating procedure during foggy days.
Domestic air passengers traffic logged a 20.1 per cent growth in the January-September period.
The 'Maharishi Valmiki International Airport, Ayodhyadham' has become the 68th civil airport terminal in the country to come under the umbrella of the specialised aviation security group of the central force.
The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
Prime Minister Narendra Modi will on Friday inaugurate the Terminal 2 of the Kempegowda International Airport in Bengaluru that has been built at a cost of around Rs 5,000 crore, according to officials.
'Airports must look at their maximum capacity to handle passengers.'
Etihad plans 75 per cent travel beyond Abu Dhabi; airports cry foul.
Adani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani's conglomerate, on Thursday reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport dues and commercial mining losses. Its consolidated net profit of Rs 450.58 crore in January-March - the fourth quarter of fiscal year 2023-24 - compares to Rs 722.48 crore net profit in the same period last year and Rs 1,888.45 crore earning in the preceding quarter, according to a stock exchange filing by the company.
Bilevel cars or double decker trains are a blessing for travelers as they help in increasing passenger capacity.
Deploying additional Central Industrial Security Force (CISF) personnel, providing real-time updates through social media, adding more immigration counters and ensuring 100 per cent manning of immigration counters - these are some of the steps that the Ministry of Civil Aviation (MoCA) is now taking in coordination with other stakeholders to avoid congestion at major airports during the upcoming festival season. During the last year's festival and winter season, major airports in the country suffered from congestion due to lack of sufficient airport infrastructure, inadequate X-ray screening machines, bunching of flights at peak hours, as well as inadequate CISF and immigration personnel, the MoCA stated on Thursday. Civil Aviation Minister Jyotiraditya Scindia, after last year's congestion issue, had asked major airports - including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai - to identify bottlenecks and augment capacity to meet the growing passenger demand.
After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the "worst is behind us" and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down capacity by 10 per cent or 25-30 flights daily. While acknowledging that things should have been planned better, Kannan said it has been a "learning experience".
Though there was no fare hike proposal in the Rail Budget this time, passengers will have to cough up more for travelling on new trains with added facilities in the coming days.
Prime Minister Narendra D Modi virtually inaugrated the new terminal building of the Veer Savarkar International Airport in Port Blair, the capital city of the Andaman and Nicobar Islands on Tuesday, July 18, 2023.
Plans are afoot to manufacture 120 coaches with increased axle load of bogies to carry higher load, a senior Railway Ministry official said.
Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?
InterGlobe Aviation, the operator of India's leading airline IndiGo, delivered a better than expected performance across most parameters in Q2FY24. The company posted its fourth consecutive quarter of net profit of Rs 188 crore. It had reported a loss of Rs 1,583 crore in the same quarter a year ago.
The board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for acquiring Suzuki Motor Gujarat (SMG). The Gujarat manufacturing plant - with an annual capacity of 750,000 units - is owned by SMG, a wholly-owned subsidiary of SMC. The shares issued to SMC will raise its ownership in MSIL from 56.48 per cent to 58.19 per cent--India's largest carmaker stated in a notice to BSE.
Jet fuel prices are about 33% lower than the same period a year ago.
The Rs 1,808-crore modernisation and expansion plan for Chennai airport, which was recently cleared by the Public Investment Board and expected to begin this September, may not be sufficient to cope with projected growth in passenger traffic.
An overcrowded ferry with up to 250 passengers onboard sank on Monday in the Padma river in central Bangladesh, officials said.
Minister of State for Railways Manoj Sinha, while replying to questions in the Lok Sabha, indicated that SMS service on train delays is under consideration.
'Interim Budget has ignited the entrepreneurial spirit.'
The boat owned by the Kerala Tourism Development Corporation, which sank in Thekkady in Sepetmeber, was designed to carry only 42 people, a top expert said on Wednesday. S K Pyarelal, head of CUSAT shipping department who on Tuesday submitted his report on the technical aspects of the doomed 'Jalakanayaka', said there were at least 87 passengers in the boat at the time of the mishap on September 30.The design of the vessel was 'wrong', he said.
Budget carrier IndiGo continued to be the largest player with a market share of 46.9 per cent ferrying 54 lakh passengers in March.
Glimpses of the high-speed catamaran, Nayan XI, which was launched in Mumbai on Tuesday, November 1, 2022.
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023.
The Indian Railways must opt for a dynamic fare-fixing system and improve its management and marketing techniques.
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said. The proposed projects, which will be fully funded by the Centre, will help increase the existing line capacity, smoothen train operations, reduce congestion and facilitate ease of travelling and transportation. The projects covering 35 districts in nine states -- Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Odisha, Jharkhand and West Bengal -- will increase the existing network of Indian Railways by 2,339 km and provide employment of an estimated 7.06 crore man-days to the people of the states.
Prime Minister Narendra Modi on Saturday inaugurated the Rs 1,260 crore New Integrated Terminal Building (Phase-1) of the Chennai International Airport, a facility that will boost passenger handling.
According to Mumbai International Airport Limited spokesperson, the airport handled 3.04 million passengers in October and 3.15 million passengers in May. In December 2013, 2.9 million passengers passed through the Mumbai airport.
Air India has derostered nine employees, including two pilots, for taking on board three passengers in excess of the aircraft capacity on its flight from Mumbai to Mangalore two months ago.
Celebrations on New Year's Day should last only till 1 am, Health Minister K Sudhakar said.
"They (opposition parties) are not concerned about the development of the children of the country's poor. Their common minimum programme is to increase corruption for their family. Democracy means 'of the people, by the people, for the people'. But these dynastic parties have the mantra of 'of the family, by the family, for the family'. For them, their family is first, and the nation is nothing," he said.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
