Aviation

18 Jan 2019

With Ethihad taking 25 per cent and SBI another 20 per cent equity stake under the proposed debt resolution plan, Goel will have to dilute his 51 per cent stake well below the takeover trigger, which he does not want

15 Jan 2019

Modi government’s Udan would be going international with flights to Thailand and Bangladesh for as low as Rs2,500, say reports, quoting sources in the aviation ministry

14 Jan 2019

While Naresh Goyal’s stake in Jet Airways will be brought down to around 20-25 per cent and his voting rights brought down to 10 per cent, Goyal's son Nivaan Goyal is likely to be included as non-executive director once a resolution plan is finalised, say reports

11 Jan 2019

If Jet Airways, which has overdue debt and payments to staff, lessors and airports, fails to find an investor or financier, the airline could go the Kingfisher way

09 Jan 2019

SBI has appointed Ernst and Young to conduct a forensic audit into Jet Airways' books from 1 April 2014, to 31 March 2018 and lenders will not release cash until they have the report on Jet Airways' business viability

08 Jan 2019

08 Jan 2019

07 Jan 2019

Lenders are wary of taking Jet Airways to the National Company Law Tribunal for insolvency proceedings since they are not sure of the value of its assets, but expects partner Etihad Airways to buy more stake in the company

04 Jan 2019

When Congress had the chance, they preferred AgustaWestland, not HAL, to build helicopters, the defence minister said, even as she accused the Congress of not addressing Indian Air Force's needs when the party was in power

04 Jan 2019

The Centre for Military Airworthiness and Certification (CEMILAC) has given the final operational clearance to start manufacturing of the weaponised Tejas Mk1, while the actual final operational clearance will take place only after extensive tests and trial