domestic operations

Kingfisher Airlines faces operational shutdown, says CAPA


August 24th, 2012 - 5:59 pm ICT by IANS
New Delhi, Aug 24 (IANS) Kinghfisher Airlines may have to shut down operations if $600 million cash is not infused in the next two months, the Centre for Asia Pacific ... Read more...

Posted in Business |

Emami to open plants in Bangladesh and Egypt


July 6th, 2012 - 3:34 pm ICT by IANS
Kolkata, July 6 (IANS) Emari, the Indian personal and healthcare consumer products company, will open two manufacturing plants, one each in Bangladesh and Egypt, in the current financial year, expanding ... Read more...

Posted in Business |

Etihad Airways buys stake in Virgin Australia


June 7th, 2012 - 1:35 pm ICT by IANS
Abu Dhabi, June 7 (IANS/WAM) Etihad Airways, the national airline of the United Arab Emirates (UAE), has announced it has acquired a 4.99 percent equity stake in Virgin Australia Holdings.Etihad ... Read more...

Posted in Business |

Air India’s domestic load factor rose to 82 percent in May


June 5th, 2012 - 5:36 pm ICT by IANS
New Delhi, June 5 (IANS) National carrier Air India Tuesday reported a healthy 82 percent load factor on its domestic flights in May, even while its international operations were crippled ... Read more...

Posted in Business |

Air India braces for long tussle with pilots


May 24th, 2012 - 1:00 pm ICT by IANS
Mumbai, May 24 (IANS) Bracing for a long-drawn tussle with its striking pilots, beleaguered Air India has announced a truncated interim schedule for June, dropping several international destinations from its ... Read more...

Posted in Business |

Air India recorded highest number of cancellations in April


May 17th, 2012 - 5:43 pm ICT by IANS
New Delhi, May 17 (IANS) Troubled national carrier Air India hit another low Thursday with official data revealing that the flag carrier had the highest number of cancellations amongst all ... Read more...

Posted in Business |

Air India loses Rs.100 crore due pilots’ strike (Lead)


May 14th, 2012 - 8:22 pm ICT by IANS
New Delhi/Mumbai, May 14 (IANS) A grounded fleet, ticket cancellations and unused labour have cost Air India Rs.100 crore in the seven days since the pilots went on strike, an ... Read more...

Posted in Business |

Air India crisis continues, 14 flights cancelled


May 14th, 2012 - 12:28 pm ICT by IANS
New Delhi/Mumbai, May 14 (IANS) The agitation by Air India pilots entered its seventh day Monday with the management cancelling 14 international outbound flights, also throwing domestic operations into disarray, ... Read more...

Posted in Business |

Operations at IGI airport normal after aerobridge operators’ strike (Lead)


April 13th, 2012 - 5:02 pm ICT by IANS
New Delhi, April 13 (IANS) Operations at the Indira Gandhi International (IGI) airport here, hit after a late Thursday night strike by a section of contracted aerobridge operators, returned to ... Read more...

Posted in Business |

Operations at IGI airport normal after aerobridge operators’ strike


April 13th, 2012 - 4:02 pm ICT by IANS
New Delhi, April 13 (IANS) Operations at the Indira Gandhi International (IGI) airport here, hit after a late Thursday night strike by a section of contracted aerobridge operators, returned to ... Read more...

Posted in Business |

Malabar Gold group to diversify into retailing of lifestyle products


March 30th, 2012 - 4:51 pm ICT by IANS
Chennai, March 30 (IANS) As a business de-risking and diversification strategy, the Kerala-based $2.4 billion Malabar group with interests in jewellery retailing and real estate development has decided to venture ... Read more...

Posted in Business |

UCO Bank’s Q3 net jumps 10 percent (Second Lead)


February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...

Posted in Business |

Reliance MediaWorks in expansion mode with south India focus


February 1st, 2012 - 2:14 pm ICT by IANS
Mumbai, Feb 1 (IANS) Reliance MediaWorks, the entertainment arm of the Anil Ambani-led industrial house, is expanding its domestic operations across films, TV commercials and broadcasting through strategic alliances and ... Read more...

Posted in Uncategorized |

Mallya gloats over Kingfisher getting best airline award


September 28th, 2011 - 11:28 pm ICT by IANS
Bangalore, Sept 28 (IANS) Flamboyant business tycoon Vijay Mallya, who is grounding his low-cost airline operations, told his investors Wednesday that his high-profile Kingfisher Airline was declared the "Best Indian ... Read more...

Posted in Business |

Top 20 Indian outsourcing firms grew 13 percent in 2010-11: Report


August 19th, 2011 - 3:47 pm ICT by IANS
New Delhi, Aug 19 (IANS) Top 20 outsourcing companies in India grew by 13 percent in 2010-11 and posted revenues worth Rs.32,246 crore, said a report by Dataquest magazine Friday."The ... Read more...

Posted in Uncategorized |

Turnaround strategy for Air India soon: Government


August 12th, 2011 - 3:42 pm ICT by IANS
New Delhi, Aug 12 (IANS) The government will soon spell out a comprehensive turnaround plan for flag carrier Air India, which is burdened with a cumulative loss of Rs.22,165 ... Read more...

Posted in Business |

Air India pilots told to apologize


August 5th, 2011 - 8:21 pm ICT by IANS
New Delhi, Aug 5 (IANS) The Delhi High Court Friday told Air India pilots to publicly apologize to the public for unleashing a 10-day strike that crippled the national carrier's ... Read more...

Posted in Business |

India will require 1,320 aircraft by 2030: Boeing


July 6th, 2011 - 8:11 pm ICT by IANS
New Delhi, July 6 (IANS) US aircraft major Boeing Wednesday forecast that the Indian aviation market would require up to 1,320 commercial planes, worth $150 billion, over the next 20 ... Read more...

Posted in Business |

Air India pilots apologise to Delhi court, nation


May 25th, 2011 - 8:32 pm ICT by IANS
New Delhi, May 25 (IANS) National carrier Air India's pilots Wednesday apologised to the Delhi High Court and the nation for going on a 10-day long strike which crippled the ... Read more...

Posted in Uncategorized |

Kingfisher Airlines 2010-11 net loss at Rs.1,027 crore


May 24th, 2011 - 5:00 pm ICT by IANS
Mumbai, May 24 (IANS) Vijay Mallya-promoted Kingfisher Airlines Tuesday reported a full-year net loss of Rs.1,027 crore, down from Rs.1,647 crore in fiscal 2009-10, mainly on account of improved performance ... Read more...

Posted in Business |

Air India to pay defaulted interest payment in a week


May 21st, 2011 - 8:10 pm ICT by IANS
New Delhi/Mumbai, May 21 (IANS) National carrier Air India Saturday said it will make within a week the defaulted interest payment on the Rs.200 crore working capital loan it took ... Read more...

Posted in Business |

Court seeks to know causes of Air India strike


May 16th, 2011 - 10:14 pm ICT by IANS
New Delhi, May 16 (IANS) The Delhi High Court Monday sought an explanation from the government over the causes of a 10-day strike which crippled the domestic operations of national ... Read more...

Posted in Business |

Airlines quizzed on fare hike during Air India stir


May 13th, 2011 - 7:08 pm ICT by IANS
New Delhi, May 13 (IANS) The Competition Commission of India (CCI) Friday met representatives of private airlines seeking an explanation for the sudden hike in fares during the 10-day strike ... Read more...

Posted in Uncategorized |

Third round of talks with Air India pilots begin


May 6th, 2011 - 4:19 pm ICT by IANS
New Delhi, May 6 (IANS) Interlocutors from the aviation ministry and representatives of Air India pilots Friday began a third round of informal talks to resolve the impasse as the strike ... Read more...

Posted in Business |

Second round of talks with Air India pilots begin (Lead)


May 5th, 2011 - 3:00 pm ICT by IANS
New Delhi, May 5 (IANS) A two-member team of the civil aviation ministry Thursday began a second round of informal talks with the Indian Commercial Pilots Association (ICPA) as the ... Read more...

Posted in Business |

Government to again hold talks with striking pilots


May 5th, 2011 - 11:54 am ICT by IANS
New Delhi, May 5 (IANS) A two-member team of the civil aviation ministry will hold informal talks with members of the Indian Commercial Pilots Association (ICPA) again Thursday, day ... Read more...

Posted in Business |

Air India cancels 221 flights


May 4th, 2011 - 11:14 am ICT by IANS
New Delhi, May 4 (IANS) As many as 221 Air India flights on the domestic operations were cancelled Wednesday, as the strike by nearly half of the carrier's 1,600 pilots ... Read more...

Posted in Business |

Air India cancels 35 Mumbai flights


May 2nd, 2011 - 4:56 pm ICT by IANS
Mumbai, May 2 (IANS) Air India cancelled 35 flights to and from Mumbai Monday, the sixth day of the strike by almost half of the state-run carrier's 1,600 pilots, official ... Read more...

Posted in Business |

90 percent of Air India’s domestic flights disrupted Sunday


May 1st, 2011 - 7:57 pm ICT by IANS
Mumbai, May 1 (IANS) Air India suffered a 90 percent disruption in its domestic flights Sunday on account of the strike by nearly 600 pilots, though it reported fully normal ... Read more...

Posted in Business |

Lockout talks only rumour: Air India


April 30th, 2011 - 4:06 pm ICT by IANS
New Delhi, April 30 (IANS) Talks about a possible lock out of Air India, crippled by the pilots strike and mounting losses, are only baseless rumours floated by the unions, ... Read more...

Posted in Business |

AI Pilots strike enters fourth day, domestic operations severely hit


April 30th, 2011 - 12:06 pm ICT by ANI
New Delhi, Apr 30 (ANI): The Air India pilots strike is showing no signs of ending as more pilots have joined the strike on the fourth day, hitting domestic operations severely.Around 42 ... Read more...

Posted in National |

Air India lost Rs.27 crore due to pilots’ strike


April 29th, 2011 - 6:34 pm ICT by IANS
Mumbai, April 29 (IANS) Air India Friday said it had suffered a revenue loss of nearly Rs.27 crore in the past three days since a section of its pilots went ... Read more...

Posted in Business |

Aviation sector sees unprecedented growth: PM


February 12th, 2011 - 3:34 pm ICT by IANS
Thiruvananthapuram, Feb 12 (IANS) Prime Minister Manmohan Singh Saturday said India's civil aviation sector has witnessed unprecedented growth in the recent past and will soon have the potential to absorb investment ... Read more...

Posted in Business |

Jet Airway’s Q3 net profit up 11 percent


February 3rd, 2011 - 12:28 am ICT by IANS
New Delhi, Feb 2 (IANS) Private airline Jet Airways Wednesday reported a net profit of Rs.118.23 crore for the third quarter of the current fiscal as against Rs.105.80 crore in the like ... Read more...

Posted in Business |

PCB introduces grading system for Pak umpires


January 21st, 2011 - 4:31 pm ICT by ANI
Karachi, Jan 21(ANI): The Pakistan Cricket Board has enforced a new policy of grading the performance of umpires in the wake of complaints against sub-standard umpiring in the Quaid-e-Azam Trophy final.The ... Read more...

Posted in Sports |

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