Search Results for: aviation sector

Seattle airport employee steals Alaska Airlines aircraft, crashes on Ketron Island

The aircraft was diverted to an area away from the city by a US Air Force Fighter Jet, after which it went down on Ketron Island. No passengers were on board the aircraft.

Aug 11, 2018

IIT-Bombay students 'question Modi's silence', oppose invitation sent to PM for convocation ceremony

The IIT-Bombay students said that they will not carry out protests or stop the Prime Minister from entering the campus. However, they do have certain questions that they wanted to raise to PM Modi.

Aug 10, 2018

Kenya: Lawmakers reject report on sugar scandal amid bribery allegations

Kenyan lawmakers have rejected a report by two parliamentary committees that recommended the finance minister and a cabinet member be investigated over their handling of sugar imports, local newspapers reported on Friday.

Aug 10, 2018

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Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

The investigating team stated that the ex-MD was guilty under Companies Act, 2013.

Aug 10, 2018

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Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

The aviation ministry has sought for a cap of $500 million (Rs 34.5 billion) for a single company and $1 billion (Rs 69 billion) for the entire aviation sector.

Aug 9, 2018

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Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

With the country heading towards next general election, the governments are likely to spend only with immediate benefits in mind.

Aug 9, 2018

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Jet Airways is reportedly mulling handing out pink slips to about 500 of its ground personnel. Not just that, the airline may also reportedly reorganise and trim the cabin crew on its Boeing and Airbus fleet and terminate the contract of its senior crew members.

Aug 9, 2018

British Airways accused of racism after carrier offloads Indian family over crying toddler

The three-year-old was reportedly wailing in the flight and the mother managed to console the child when the plane was taxiing for takeoff. However, the crew asking everyone to be seated and shouting at the family scared the child even more, after which he started crying uncontrollably.

Aug 9, 2018

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

Bentonville, Arkansas-based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector, which Morgan Stanley estimates will grow close to an annual $200 billion in a decade.

Aug 9, 2018

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Search Results for: aviation sector

Seattle airport employee steals Alaska Airlines aircraft, crashes on Ketron Island

IIT-Bombay students 'question Modi's silence', oppose invitation sent to PM for convocation ceremony

Kenya: Lawmakers reject report on sugar scandal amid bribery allegations

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

Major boost to government's fiscal deficit target; RBI to pay Rs 500-bn dividend for FY18

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

British Airways accused of racism after carrier offloads Indian family over crying toddler

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

RBI tightens grip on non-compliant NBFCs; cancels 368 licences

IMF calls for privatisation of Indian banks; warns against government ownership

Who is Swaminathan Gurumurthy? Centre appoints RSS confidant to the RBI board

US finalises next China tariff list targeting $16 billion in imports

India needs to tighten monetary policy to curb inflation, says IMF

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]