BUSINESS
Voting on Jet Airways' bids extended to tomorrow, say sources
Some of the lenders have asked for more time. Voting was to end by 6 pm on October 16
BUSINESS
Air travel picks up, but so do passenger complaints. Refunds the biggest source of ire
Passenger complaints rose to a six-month high in September. Air India receives the most.
BUSINESS
COVID-19 impact: As retailers go omni-channel in festive season, this German logistics player bets on warehousing
The Indian arm of DB Schenker is betting on warehousing needs among its clients to manage their inventories, and is also doubling its warehousing capacity
INDIA
Mumbai Blackout: The twin problems behind power woes of India's financial capital
The blackout on October 12 exposes the weakness in Mumbai's power supply system
BUSINESS
With the backing of ArcelorMittal, Nippon Steel, AM/NS charts a new growth plan in India
Talking to Moneycontrol, CEO Dilip Oommen said that AM/NS (formerly Essar Steel) may diversify into long steel. He also commented on the company's interest in Uttam Galva Steels
BUSINESS
Bihar Elections may be a no-show for private air charters, but overall demand back at pre-COVID-19 levels
A higher demand for business and leisure travel has helped charter services, which see a new set of customers coming in.
BUSINESS
Jet Airways insolvency: Kalrock Capital contests reports of winning bid, says lenders still deliberating
The Jalan-Kalrock Consortium has not made any comment on the ongoing resolution process of Jet Airways, says Manoj Madnani of Kalrock Capital
BUSINESS
With partner looking to exit, Tata Sons has some tough decisions to take on AirAsia India
With the exit of AirAsia Berhad will Tata Sons look to rebrand the airline or merge it with its other JV Vistara.
BUSINESS
Air India, Vistara and now SpiceJet fly to London. Why not IndiGo?
The country's largest airline, IndiGo - which also has the largest fleet - is not ready to fly to London yet.
BUSINESS
Jet Airways insolvency: Legal issue cured, lenders begin voting on two bids
The voting on two bids for Jet Airways may take up to two weeks to complete. But, the attempt is to complete it sooner.
BUSINESS
Jet Airways insolvency: Risk assessment report throws up 'legal issue' with FSTC-Imperial bid
The legal issue pertains to the provision of Insolvency and Bankrupcty Code. But it's too early to say if the development will impede the insolvency process.
BUSINESS
Air ticket refund: Here's how the Supreme Court order has some good news for customers, airlines and OTAs
The Apex Court has provided for customers to get an interest as compensation for their ticket being put in a credit shell.
BUSINESS
Jet Airways insolvency: All eyes on banks as they begin voting on the two bids
All eyes are on the banks if they will take a decision on the winning bid by October 7, the last working day of Rajnish Kumar, Chairman of SBI, the lead lender to Jet Airways
BUSINESS
Jet Airways insolvency: A day after lenders allow FSTC consortium to revise bid, 'disappointed' Kalrock-Jalan hints at exiting the race
The consortium has shot off a letter to the CoC, alleging that FSTC's revision is a 'total disregard to the timelines'
BUSINESS
Jet Airways insolvency: A last-minute twist forces lenders to give suitors more time
The development comes after the consortium led by Flight Simulation Technique Centre upped its offer. The new deadline is unclear
BUSINESS
Kirloskar family fight: Appointment of Kishor Chaukar on KBL board becomes the latest flash point
A special resolution, to re-appoint Kishor Chaukar on KBL's board, failed to get the 75 percent voting from shareholders at the recent AGM. Most of the Kirloskar family members voted against the resolution
BUSINESS
Jet Airways lenders to meet today. May vote on two final bids
While both the suitors have made final tweaks to their proposals and little may separate them, the Kalrock Capital-led consortium is said to have its nose ahead in the race to own Jet Airways
BUSINESS
Working on leaner cost structure, raising additional revenue to minimise COVID-19 impact, says Vistara
The JV airline between Tata Sons and Singapore Airlines had incurred a loss of Rs 1,814 crore in FY20
BUSINESS
Here's why this entrepreneur getting nod to make aircraft seat covers is a big deal for Indian aviation industry
Epsilon Aerospace, founded by Vikram Handa, has got the DGCA approval but a bigger challenge lies ahead.
BUSINESS
Check-in baggage limit to be reset to 15kg, after latest notice from Ministry of Civil Aviation
As per the SoP released on May 21, the limit was 20 kg.
BUSINESS
Tata vs Mistry: Shapoorji Pallonji Group's comment on Tata's aviation business may have touched a nerve, but is it correct?
Both Vistara and AirAsia India are yet to report profits. But is it fair to single them out?
BUSINESS
How Tata Steel woes and a Rs 2 crore aid in 1920s gave Shapoorji Pallonji entry into Bombay House
Decades later, it's Tata Steel again that has featured in Shapoorji Pallonji's exit. While the Mistry family has highlighted the issues at Tata Steel, the Tatas have reiterated that the problem has shrunk
BUSINESS
When Cyrus Mistry chalked up a shock victory in Tata feud
While Mistry had taken a moral high ground after the shock NCLAT verdict in December 2019, the tables may have turned now.
BUSINESS
Delhi-Mumbai back as busiest air route, sees highest growth in September
Since domestic flights resumed in May after the coronavirus-imposed lockdown, non-metro routes have been the busiest.
