civil aviation

 

UP holds vast potential in civil aviation field: Raju

Feb 22 2018

Union minister Ashok Gajapathi Raju said Uttar Pradesh has a vast potential in the field of civil aviation.

Air India draft tender lists 4 options for govt ownership

Feb 22 2018

The govt is looking at 4 options before it for retaining a stake in Air India, which include keeping 49, 26, 24 or 0% stake in AI with itself, according to an official.

Pawan Hans divestment finds no takers, fresh bids in '2-3 months'

Feb 21 2018

The chopper company is a 51:49 joint venture between the Civil Aviation Ministry and oil behemoth ONGC.

Par panel discusses issues related to Air India stake sale

Feb 20 2018

A Parl panel discussed various issues related to Air India disinvestment and civil aviation ministry’s demand for grants for the next fiscal.

India to have 855 million air passengers in 2030-31: Govt

Feb 08 2018

The figure indicates a three-fold increase in the number of air travellers which was 265 million in 2016-2017.

Nearly 100 incidents of illegal entry at IGI in 2017: Govt

Feb 06 2018

There were nearly 100 incidents of illegal entry at Indira Gandhi International Airport in 2017, the govt informed Parliament.

Budget 2018: Civil aviation ministry gets Rs 6,602 cr allocation

Feb 01 2018

The allocation is nearly three times higher than the amount of Rs 2,710.31 crore allocated to the ministry for this fiscal.

SpiceJet announces 20 new domestic flights from Feb 11

Jan 31 2018

SpiceJet has announced 20 new non-stop domestic flights starting from February 11, aimed at strengthening its network across South India.

'Air traffic vol to fly past 150m in FY19 from 125m this year'

Jan 30 2018

"Domestic air traffic is expected to grow 18-20 per cent and touch 125 million in the year to March 2018," Kaul said.

RCS-Udan to spur civil aviation sector's growth: Economic Survey

Jan 29 2018

The Economic Survey tabled in Par cited the regional connectivity scheme UDAN as one of the important initiatives taken to spur the growth of the civil aviation sector.

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Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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