Rohit Vaid

 

Crude at $60 conducive to revenue growth: Air India CMD

Jan 19 2018

Crude oil prices at around $60 per barrel is the "ideal" level for Air India to sustain its new-found revenue growth, the airline's CMD Pradeep Singh Kharola said.

Air India sale to go on, but suggestions welcome: Minister

Jan 17 2018

"Suggestions" on Air India's strategic divestment are welcome but the proposed stake sale in the debt-ridden national carrier will go on, Ashok Gajapati Raju has said.

AI plans cost management blitz, aims to save around Rs 500 cr

Sep 18 2017

Air India plans to "re-negotiate" its agreements with vendors and suppliers to save operational costs of up to Rs 500 crore with in the shortest possible time period.

Employees' interest to be safeguarded in AI divestment: Raju

Sep 05 2017

The government plans to address the concerns of the national airline's employees and take some "key decisions" for the eventual stake sale in the airline.

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Global Markets

 

Stocks In News

 

SBI

To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI

SBI puts Rs 1935 Cr worth loans up for sale to 24 entities

Seeks bids on cash basis or a mix of cash and security receipts

Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt

Financial Express Reports

POWER GRID CORP

Emerges as lowest bidder for Rs 1000 cr project

To set up Vindhychaal-Varanasi 765 KV transmission line

Financial Express Reports

RIL

Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr

Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group

NATCO PHARMA

Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility

AVIATION IN FOCUS

Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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