air india

 

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.

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.

Air India launches Amritsar-Birmingham non-stop flight

Feb 20 2018

National carrier Air India (AI) launched a non-stop flight from Amritsar to Birmingham.

Air India's unpaid bills likely to raise its debt figure

Feb 15 2018

Air India's unpaid fuel bills and airport charges are likely to raise its debt figure from current estimate of around Rs 50,000 cr, according to a senior govt official.

No plans to ground A320 Neos over P&W engine glitches: DGCA

Feb 12 2018

The aviation regulator DGCA has ruled out grounding the Pratt & Whitney-powered Airbus A320Neo fleet despite the recurring serious safety issues with faulty new engines.

Mid-air collision averted, Vistara flt comes close to AI plane

Feb 11 2018

The AI flight captain has written in her resolution advisory report that the aircraft was just 100 feet away when it was taken to a safer distance.

Soon, book Air India ticket via any 'Star Alliance' airlines' app

Feb 11 2018

Passengers might soon be able to book tickets on Star Alliance member airlines through app of any member carrier, thanks to the grouping's digital services initiative.

Israel hopeful about Saudi overflights for airliners to Tel Aviv

Feb 09 2018

Israeli cabinet minister voiced hope that Saudi Arabia would allow Air India to fly to and from Tel Aviv through Saudi airspace, a prospect so far played down by Riyadh.

AI waives ticket cancellation charges for Male flights

Feb 08 2018

Air India said it is waiving ticket cancellation and other charges for passengers booked on flights to and from Male till Feb 20, in view of the prevailing situation.

AI operating profit more than doubles to Rs 298 cr in FY17

Feb 08 2018

Air India has been "consistently improving" its overall performance and more than doubled its operating profit to Rs 298.03 crore in the last financial year.

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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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