Aviation
Air India targets big boost to revenue with revamped business
23 Jun 2018
With a newly-launched premium class, new uniforms for crew and new exotic cuisine, the airline is expecting to boost its revenue by around Rs2.5 crore on a daily basis to Rs6.5 crore per day
Govt puts off Air India stake sale plan
19 Jun 2018
The government is now looking at turning around Air India to ensure that it makes profits on overall basis before going in for a listing, as is required under Sebi listing norms
London court asks Vijay Mallya to pay £200,000 in costs to Indian banks
16 Jun 2018
The London court ordered Mallya, 62, to pay costs towards registering an Indian court’s order freezing Mallya’s assets worldwide and the order of the Karnataka Debt Recovery Tribunal (DRT) in Britain
Air India may turn to the public to save divestment plan: report
11 Jun 2018
After an aborted divestment plan, the state-run airline is looking at various options, including a public float to sell most of the company’s equity to the larger public, even as it sought short-term fund infusion
Air India finds no takers, but govt expects a last hour rush
31 May 2018
If a bidder does not step in, further decisions on the sale of AI will be taken by a group of ministers, formed to divest the airline, who will have to plan afresh to find an investor
Govt moots full return of fare for air tickets cancelled 4 days ahead
23 May 2018
The draft passenger charter released on Tuesday makes it clear that the cancellation fee can, in no condition, be more than the base fare
