Aviation

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Jet Airways defers move to amend its articles on Sebi concerns

May 25, 2013 at 04:31 | Source: Economic Times

MUMBAI: Jet Airways on Friday deferred a crucial proposal to amend its Articles of Association (AoA) after concerns were raised by the market regulator Securities and Exchange Board of India. The airline also reported that losses for the January-Mar...

Nitaqat law: 75,000 set to return from Saudi Arabia, India scramble to make situation 'manageable'

May 25, 2013 at 00:25 | Source: Economic Times

With thousands of Indians set to return from Saudi Arabia due to the 'Nitaqat' law, External Affairs Minister Salman Khurshid today said state governments have been "forewarned" so that the situation does not become "unmanageable". Khurshid, who is o...

SpiceJet pares loss in Q4

May 25, 2013 at 00:22 | Source: The Hindu BusinessLine

Chennai, May 24: Low-cost carrier SpiceJet has posted a net loss of Rs 186 crore for the quarter ended March 31, 2013, against a Rs 249-crore loss recorded in the comparable previous year quarter. The loss comes despite a 31 per cent growth in reven...

Gir roars again

May 25, 2013 at 00:22 | Source: The Hindu BusinessLine

The Gateway Hotel Gir Forest, rising on the banks of the Hiran river, does not look very different from any other riverside resort. For Gujarat’s tourism industry, however, this hotel reflects the draw of the Gir Wildlife Sanctuary the last co...

Nitaqat Law: Govt preparing for return of Indians from Saudi Arabia, says Khurshid

May 24, 2013 at 22:48 | Source: FirstPost

On Board Special Aircraft: With thousands of Indians set to return from Saudi Arabia due to the 'Nitaqat' law, External Affairs Minister Salman Khurshid on Friday said state governments have been "forewarned" so that the situation does not ...

SpiceJet Q4 loss narrows to Rs 186 crore

May 24, 2013 at 22:40 | Source: Business Today

Low-cost airline SpiceJet on Friday said its net loss has narrowed to Rs 186 crore for the fourth quarter ended March 31, 2013 on the back of higher passenger traffic and fare hikes.The airline company reported a net loss of Rs 249 crore in the same...

Two held after RAF Typhoon jets escort Pakistan plane over UK

May 24, 2013 at 21:42 | Source: BBC

Two men have been arrested on suspicion of endangerment of an aircraft after RAF Typhoon jets were scrambled to escort a passenger plane over the UK. Police boarded Pakistan International Airlines (PIA) flight PK709, originally en route to Manchester...

SpiceJet narrows March quarter loss to Rs 186 cr

May 24, 2013 at 20:22 | Source: The Hindu BusinessLine

Mumbai, May 24: Low-cost airline SpiceJet today said its net loss has narrowed to Rs 186 crore for the fourth quarter ended March 31, 2013 on the back of higher passenger traffic and fare hikes. The airline company reported a net loss of Rs 249 cror...

SEBI, CCI seek clarity on Jet-Etihad deal; may suggest changes

May 24, 2013 at 15:07 | Source: The Hindu BusinessLine

New Delhi, May 23: Abu Dhabi carrier Etihad’s Rs 2,058-crore stake purchase in Jet Airways has hit a regulatory air pocket, as regulators are seeking more clarity on the deal to ensure overall competition in the aviation market is not affected...

SEBI, CCI seek clarity on Jet-Etihad deal

May 24, 2013 at 14:32 | Source: DomainB

Market regulators Securities and Exchange Commission of India (SEBI) and the Competition Commission of India (CCI) have sought more details on Abu Dhabi carrier Etihad's Rs2,058-crore stake purchase in Jet Airways to ensure that the deal is not prej...

No engine shutdown in RIL's corporate jet: Initial enquiry

May 24, 2013 at 08:50 | Source: Economic Times

MUMBAI: A preliminary inquiry by aviation regulator DGCA has found that there was no engine shutdown on Wednesday in RIL's corporate jet, a 16-seater Dassault Falcon 900, that had caused the pilots to land the plane within 10 minutes of take-off. Di...

Jet Airways, Etihad Airways deal: Sebi, CCI seek clarity, may demand changes

May 24, 2013 at 08:37 | Source: Financial Express

Naresh Goyal's Jet Airways's Rs 2,058-crore stake sale to Abu Dhabi carrier Etihad Airways has hit an air pocket, as regulators are seeking more clarity on the deal to ensure overall competition in the aviation market is not affected and interests o...

Not sure if Indian economy has bottomed out: Moody s

May 24, 2013 at 07:11 | Source: Economic Times

NEW DELHI: A research unit of the ratings agency Moody's has said it was not sure if the Indian economy had bottomed out, and blamed the slowdown in investments on a 'disturbing antibusiness tinge' of the government. "The days of 8% annual GDP growt...

Obama shifts US from 'perpetual war-footing,' limits drone strikes

May 24, 2013 at 06:30 | Source: FirstPost

WASHINGTON (Reuters) - President Barack Obama on Thursday shifted the United States away from a "boundless global war on terror," restricting deadly drone strikes abroad and signaling that America's long struggle against al Qaeda will one d...

U.N. investigator seeks world moratorium on "killer robots"

May 24, 2013 at 03:45 | Source: FirstPost

GENEVA (Reuters) - A United Nations human rights investigator called on Thursday for all states to declare a moratorium to prevent so-called "killer robots" being deployed on the battlefield.Christof Heyns, U.N. special rapporteur on execut...

Mukesh Ambani's Reliance Industries aircraft makes emergency landing in Mumbai

May 24, 2013 at 03:22 | Source: Financial Express

A Falcon 900 VT-ISH business jet belonging to Mukesh Ambani-led Reliance Industries made an emergency landing with three passengers on board at the city airport due to an engine failure, airport authorities said today. Aviation regulator DGCA has re...

Mangalore air cargo complex handles first consignment

May 24, 2013 at 03:22 | Source: The Hindu BusinessLine

Mangalore, May 23: The first consignment of air cargo was shipped from Mangalore airport to Dubai on Thursday. J.T. Radhakrishna, Director, Mangalore International Airport and Custodian of Mangalore International Air Cargo Complex, said that the fir...

RIL jet engine fails, makes emergency landing

May 23, 2013 at 20:00 | Source: NDTV Profit

Mumbai: A Falcon 900 business jet belonging to Mukesh Ambani-led Reliance Industries Ltd (RIL) made an emergency landing with three passengers on board at the city airport due to an engine failure, airport authorities said on Thursday. Aviation ...

Reliance Industries jet makes emergency landing due to engine failure

May 23, 2013 at 17:56 | Source: Economic Times

MUMBAI: A Falcon 900 business jet belonging to Mukesh Ambani-led Reliance Industries made an emergency landing with three passengers on board at the city airport due to an engine failure, airport authorities said today. Aviation regulator DGCA has re...

RIL bosses have close call: Plane engine shuts mid-air, makes emergency landing

May 23, 2013 at 17:54 | Source: FirstPost

A private jet belonging to Mukesh Ambani-led Reliance Industries carrying three of itsthree top executives made an emergency landing at Mumbai airport on Wednesday after its left engine failed in mid-air.The airport authorities have confirmed about t...

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Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy "Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy"

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