Big challenge to garner sizeable additional resources.
The carrier said for domestic flights the fees for cancellation and changes would now be Rs 3,500 and Rs 3,000 respectively, if it was done within three days of the flight's departure. Before this announcement, IndiGo charged a flat rate of Rs 3,000 and Rs 2,500 for cancellation and detail changes on domestic tickets.
Police and PAC personnel have fished out 22 bodies so far while 10 others have been rescued, he said. A search was on to trace others.
The hike in excise duty has only added on to their woes. However, with nil action on diesel vehicles, the demand for passenger vehicles will be strongly skewed.
The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning. It has said food items purchased from these foreign cities are much more expensive when compared to Indian cities.
Domestic airlines witnessed 10 per cent rise in sales in 2014.
At least 118 people were feared dead after an overcrowded ferry with up to 250 passengers on board sank in the Padma river in central Bangladesh on Monday, as the efforts to locate the vessel under deep waters is still underway.
Maruti being the market leader with a disproportionately high share of the passenger car market helped its component makers grow as an industry all these years and hence, the exit from a segment is a jolt if not a big setback.
The no-frills carrier was launched in 2009. It began India operations a year later.
Considers bidding for Barcelona, Madrid airports; may rope in local partner.
Availability of jobs at India's auto companies has shrunk significantly over the last two years, as the industry goes through one of its worst slowdowns. More than 60 per cent of the total workforce fell by 24 per cent in 2019-20, against 2017-18.
The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.
The government has used four methods to value the assets that it is looking to monetise under its Rs 6-trillion National Monetisation Pipeline (NMP). The value of the assets on the block is indicative that the government is expected to realise either in the form of upfront accruals or by the way of private sector investment, NITI Aayog said in its report. Valuations are essentially estimates, so multiple methodologies are useful to get a range, said Manish Agarwal, infrastructure expert and co-founder of AskHowIndia.org. Different valuation methodologies depend on the different assumptions that are being considered for valuing a business, he said.
An Iran Air flight carrying Indian pilgrims stranded in coronavirus-hit Iran landed at the airport in Mumbai on Friday afternoon, an official said.
'Given all the linkages, the monthly registration data for new vehicles, may well be the single most accurate indicator of India's economic health,' points out Devangshu Datta.
Indira Gandhi International Airport has been named the world's 2nd best airport in the 25-40 mn passengers category
Railway Minister Suresh Prabhu faces a stiff dilemma on whether to raise fares and freight rates in his second Rail Budget.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Disposable linen in Rajdhani trains, automatic closing doors in Shatabdi and fire suppression system in passenger coaches are some of the proposals set to be announced in the Rail Budget 2014-15.
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Many of the PPPs have not evinced interest, Prabhu said.
Slots, parking bays unavailable at major airports
Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.
Till Tuesday night, the national transporter had run 88 trains for the migrant workers who were stranded at their workplaces due to the coronavirus lockdown and wishing to go back to their homes. Each special train has 24 coaches, each with a capacity of 72 seats. But the national transporter is allowing only 54 persons in a coach to maintain social distancing norms by not allotting the middle berth to any passenger.
'A formula can be reached so that everyone gets a fair share.'
The Rail Budget will announce introduction of AC suburban trains in Mumbai.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
DGCA said there are 13 aircraft in the airline's fleet in which both the PW engines have been used for more than 3,000 hours.
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
According to the "do's and don'ts" issued by the ministry of home affairs, children below 13 years and elderly persons of about 75 years and above will have to travel in groups. Eco-friendly material, preferably cloth bags, should be used during the pilgrimage and the surroundings should be kept clean.
All Indian carriers flew 60.22 lakh (6.02 million) passengers in May compared to 57.10 lakh (5.71 million) in April, while the January-May figure stood at 267.22 lakh (Rs 2.67 million) as against 260 lakh (2.6 million) in the same period last year recording a 2.78 per cent growth, latest official air traffic data showed.
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Maruti Suzuki was allotted 700 acres by the Gujarat government for its third manufacturing unit, near Mehsana, in June last year.
Italian automobile giant Fiat is exploring options to manufacture light commercial vehicles with a load carrying capacity between 0.8 tonnes and 1.8 tonnes in India.
On Tuesday 55 flights were diverted, over 200 flights were cancelled because of rain, low visibility and poor braking action on secondary runway
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
The Maharashtra government on Sunday extended till June 30 the lockdown in the entire state, and announced easing of restrictions and phase-wise resumption of activities under the "Mission Begin Again".
The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.
Railway Minister Suresh Prabhu said Budget-making was guided by the Prime Minister's words of the government being there to protect the interests of the common man.
Time was when you turned on your car's ignition, all that happened was that the mechanical system fired up your engine and made it run. Today, the moment you do so, your stereo system probably lights up, connects to the Bluetooth on your smartphone, and lets you make calls through an audio assistant or play music from your phone, which you can hear on the car's speakers. All these smart features in a car are powered by semiconductors, or chips, as they are commonly called.
