Search Results for: IndiGo

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Amid cash crunch, Jet Airways permitting pilots to quit without notice period

In the last few months, about 50 pilots are said to have quit and most of them reportedly left just 48 hours after resigning, when the usual notice period is of six months. In addition, most of these pilots were of Jet's ATR planes, three of which have already been grounded.

Nov 2, 2018

Two IndiGo planes, just 45 seconds apart, avoid mid-air collision over India-Bangladesh border

The two IndiGo planes were flying in the airspace over the India-Bangladesh border. The aircraft were only 45 seconds apart and the collision was averted when the Air Traffic Control (ATC) tower in Kolkata asked one of the planes to turn around.

Nov 2, 2018

Tata Motors logos are seen at their flagship showroom

Tata Motors posts second-quarter loss amid lean JLR sales, one-off charge

Total expenses during July-September rose 8.6 percent, while revenue climbed to 712.93 billion rupees from 695.70 billion rupees a year earlier.

Oct 31, 2018

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Customs officials seize gold biscuits worth Rs 4 crore at Bengaluru airport

Nearly 13 kilograms of gold biscuits worth Rs 3 crore seized on two occassions at Kempegowda International Airport (KIA) on Saturday and Sunday.

Oct 30, 2018

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".

Oct 27, 2018

RBI to buy govt bonds for Rs 40,000 crore via OMO to maintain liquidity in market

OMO is carried out by RBI to expand or contract the liquidity of money in the market by selling or purchasing government securities.

Oct 27, 2018

Amnesty says raid at its Bengaluru office, frozen accounts aimed at silencing government critics

The Enforcement Directorate, India's financial crime investigating agency, searched Amnesty's Bengaluru office for 10 hours on Thursday on suspicion that it had violated foreign direct investment guidelines.

Oct 27, 2018

Doubling down: IndiGo airline to expand, defend turf despite loss

IndiGo's success has been built on a model of simplicity, keeping costs low through the use of an all-Airbus fleet for metro flights and no codeshares with other airlines or a frequent flyer programme.

Oct 27, 2018

Cost, competition catch up to IndiGo: Airline posts first quarterly loss since IPO, more trouble for aviation sector?

IndiGo, the country's largest carrier with a market share of over 40 percent, reported a loss of Rs 652.1 crore in the quarter ended September 2018. The loss has been attributed to high fuel cost, rupee depreciation and intense competition

Oct 25, 2018

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Sensex hits 7-month low, falls over 400 points amid rout in global equities

Indian shares fell nearly 1.5 percent to a seven-month low on Thursday, joining a sell-off in global equities amid concerns about a slowdown in the world economy.

Oct 25, 2018

Jet Airways seeks loan moratorium, plans to cut more jobs - Report

Jet Airways, in which Abu Dhabi's Etihad Airways has a 24 percent share, has been looking for suitors ever since it started facing cash flow issues.

Oct 23, 2018

Uttar Pradesh on high alert for Zika virus; AAI to monitor passengers showing symptoms

The authorities have been told to pay special attention to passengers complaining of fever, maculopapular rash, eye redness and other symptoms of the virus.

Oct 22, 2018

Tata Group may throw ailing Jet Airways a lifeline as debt-laden airlines flies into trouble

Jet, which is defaulting on payments and has delayed salary to pilots, is looking for equity collaboration but Tata Sons is seeking management control.

Oct 18, 2018

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

The plan includes a $35 million cash pre-purchase payment to Jet Airway's frequent flyer programme JPPL ( Jet Privilege Private Ltd), which is majority-owned by Etihad Airways.

Oct 7, 2018

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

The beleaguered airline has requested 10 more days from its employees to clear the balance 25 per cent of the salary dues for the month of August.

Sep 27, 2018

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Search Results for: IndiGo

Amid cash crunch, Jet Airways permitting pilots to quit without notice period

Two IndiGo planes, just 45 seconds apart, avoid mid-air collision over India-Bangladesh border

Tata Motors posts second-quarter loss amid lean JLR sales, one-off charge

Customs officials seize gold biscuits worth Rs 4 crore at Bengaluru airport

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

RBI to buy govt bonds for Rs 40,000 crore via OMO to maintain liquidity in market

Amnesty says raid at its Bengaluru office, frozen accounts aimed at silencing government critics

Doubling down: IndiGo airline to expand, defend turf despite loss

Cost, competition catch up to IndiGo: Airline posts first quarterly loss since IPO, more trouble for aviation sector?

Sensex hits 7-month low, falls over 400 points amid rout in global equities

Jet Airways seeks loan moratorium, plans to cut more jobs - Report

Uttar Pradesh on high alert for Zika virus; AAI to monitor passengers showing symptoms

Tata Group may throw ailing Jet Airways a lifeline as debt-laden airlines flies into trouble

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]