While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
India's crony capitalists will have had their day in the sun.
Force India set their sights on breaking into Formula One's top three at the launch of their new car on Wednesday and hit back at suggestions that they lack the budget to match the manufacturers in a spending 'arms race'.
According to CAPA, partial abolition of the 5/20 rule was a serious compromise.
The IAF pilots, who are middle-aged, are willing to fly any number of hours, as they are keen to make quick money before they retire
Sources privy to the development said Maran was being asked to take care of a part of the liabilities.
Options include fresh capital infusion by the management and/or some new investors.
Air India is going all out to woo business class travellers asking them to fly the Dreamliner, but the jury is out on whether that will be enough to create a brand image.
We've witnessed the first phase of the mess in the country's public sector-driven aviation sector. In the absence of properly-thought-out rules, the next, a privately-driven one, awaits us.
Meanwhile, Minister of State for Civil Aviation Mahesh Sharma said that there was no question of any bail out to the beleaguered carrier
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Some of Modi's biggest reforms have met with fierce political opposition.
Encouraged by the centre's 'open sky' policy and growth in air traffic in eastern India, two more private foreign airlines are likely to operate from Kolkata shortly after clearance.
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
The agreement received post-facto approval of the Union Cabinet at a meeting chaired by Prime Minister Manmohan Singh in New Delhi on Tuesday evening. The accord would allow the designated carriers of India and Abu Dhabi to have 50,000 seat-capacity each week.
Education technology, grocery, fashion, food delivery and UPI payments surpassed volumes or revenues of February, in the September-October period.
The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a whopping $1.4 billion, with Air India likely to be the 'worst performer' to report a loss of almost the entire amount of $1.3 billion.
'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.'
India Inc is ready to diversify into unchartered areas.
The DGCA pointed to cracks on the runway, water stagnation and excessive rubber deposits among other lapses in its show-cause notice. The DGCA conducted the inspection after an Air India Express flight coming from Dammam in Saudi Arabia had a 'tail strike' while landing at the Calicut (Kozhikode) airport on July 2 last year, an official said.
Domestic air travel traffic has already seen a 23.87% rise over the same period in 2017.
Sneha Sharma is shattering speed and societal barriers.
Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.
Besides, another 350-odd flights -- both arriving and departing -- were delayed between 28-51 minutes (till 7 pm), as per the live flight tracking website Flightradar24.
Five photos of western style toilets were presented to convince the court that acceptable standards would be extended to Mallya.
Ajay Singh will team up with two blue-chip investors to bail out the airline
Private airports are much better but because of poor regulation, the tariffs have shot up.
India's largest private sector airline Jet Airways has postponed its $400 million (Rs 1600 crore) rights issue slated for March this year by three or four months, the third postponement since the board approved it in June, owing to poor market sentiment.
Shiv Sena MP Ravindra Gaikwad, who has been banned from flying by several airlines after he assaulted an Air India staffer on March 23, reached Delhi on Wednesday via a chartered flight, according to sources.
Central Industrial Security Force chief OP Singh briefed Union Home Minister Rajnath Singh on the heightened arrangements at airports, ports and other vital installations guarded by the central force.
The number of such incidents stood at 25 in 2015, 31 in 2014 and 23 in 2013.
Airlines' summer schedule in India commences from late March and lasts till October every year.
The base will be used by carriers such as Alliance Air, a subsidiary of Air India, to operate 70-seater ATR aircraft to places such as Bengaluru.
With the management of most State-owned banks hardly having time to concentrate on big-ticket business, growing the business of loan disbursals has been pushed down the priority order.
All the airline's guests will travel on Thursday to Amsterdam in 15 buses and will be accommodated there in hotels.
These measures follow the Germanwings crash last month.
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).
AirAsia has come under scrutiny since June when GMT Research issued a critical report questioning its accounts.
The agreement would allow the travellers to fly United Airlines' trans-Atlantic flights from London to Chicago, Los Angeles, San Francisco, Denver and Washington and trans-Pacific flights from Hong Kong to Chicago and San Francisco.
That it has been threatening to review this rule for a while is old hat anyway.
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