BUSINESS
Vaccination fuels train travel, bookings increase for Kumbh, Holi, Eid festivals
Train bookings for travel in March and April are nearly 90 percent higher than previous months
BUSINESS
'Vaxication' gives travel industry a shot of optimism. Airfares rise by up to 35% on some routes
COVID-19 vaccination is becoming a ticket to travel, as customers look for options for summer holidays. Business travel too has picked up, say online travel agencies.
BUSINESS
Regional airline Star Air beats bigger peers IndiGo, SpiceJet on passenger load
While the small airline may not be strictly comparable to its much larger peers, the development reiterates the shift towards regional connectivity in Indian aviation
BUSINESS
In a first, four Alliance Air Jammu-Delhi passengers booked for not wearing masks on board
The four passengers could be put on no-fly list
BUSINESS
Aashiyana 2.0: After exceeding pre-COVID-19 numbers, Tata Steel's e-commerce portal to now give digital push to Group brands
In line with Tata Sons Chairman N Chandrasekaran's vision to push digital and bring synergy across group companies, Aashiyana will also house products from Voltas, Croma, Tata AIG and Tata Sky. Aashiyana 2.0, rides on the success of its first version, with turnover already surpassing pre-COVID-19 numbers
BUSINESS
Liberty Steel shuts India plants for 'scheduled maintenance'
The move comes even as the company, facing a financial crunch after its lead bank filed for insolvency, cuts production in some of its plants in the UK. In India, Liberty Steel has presence through Adhunik Metaliks and Zion Steel.
BUSINESS
Boost for tourism: Andaman and Nicobar Islands to get four water aerodromes this year
The government wants to develop the union territory into a tourism destination on the lines of Maldives, which has seen a spike of tourists from India.
BUSINESS
Explained: Is Sanjeev Gupta's 'steel saviour' story over?
Gupta’s Liberty Steel seems to be in dire straits after the collapse of its biggest lender and reports of setbacks in Germany and Australia, but the commodities boom has given some room for optimism to his businesses which also include aluminium and iron.
BUSINESS
COVID-19 was an opportunity to drive regional air connectivity, says Joint Secretary Usha Padhee
While many of the airports in smaller towns have reported passenger traffic higher than pre-COVID-19 levels, passenger loads on UDAN routes are at 80 percent. Now the Ministry of Civil Aviation, Usha Padhee said in an interview with Moneycontrol, will soon start a 'special round of bidding' for UDAN routes.
BUSINESS
Expanded fleet, more routes in Alliance Air's flight plan to recover from COVID-19
The airline, which has 18 aircraft at present, plans to add three more.
BUSINESS
With BPSL takeover, JSW Steel could end FY21 with the no 1 steelmaker tag
Tata Steel is currently the biggest steelmaker, with about 20 million tonnes of capacity within India. State-owned SAIL, with 19.63 mt annual capacity, is second. JSW Steel is third, with 18 mt, but that will change in the coming days when BPSL is in the bag, and much more so by the end of FY22, when it should have 27 million tonnes of capacity
BUSINESS
Exclusive: Air India sale: Employee consortium out of the privatisation race, Tatas favourite
With the exit of the consortium, which had later also got support from NRI businessman Laxmi Prasad and his Interups Fund, Tata Sons becomes a clear favorite to buy Air India.
BUSINESS
Harpreet A De Singh: The one who broke the glass ceiling in Indian Aviation
The CEO of Alliance Air has been a trailblazer. In her glittering career, all challenges have been accepted and overcome. In doing so, she has left behind a string of firsts, which will be hard to equal
BUSINESS
Coming in six weeks: JetSetGo's aircraft leasing arm, possibly India's first
The new leasing company may start off its business with two aircraft, a small but vital start both for GIFT City and for India, which till now doesn't have a single lessor.
BUSINESS
In Piyush Goyal's pursuit, Airbus has an opportunity Vs Boeing
The Union Minister had said he is 'pursuing' Airbus to make aircraft in India. For the European major that's an opportunity it shouldn't lose
BUSINESS
Airports in tier-2, 3 cities continue to outpace bigger peers in passenger traffic
In January, 14 airports in tier 2 and 3 cities, including in Nasik, Jharsguda, Tirupati and Gorapkhpur saw higher passenger traffic than a year ago.
BUSINESS
Does United Airlines' engine failure impact Pratt & Whitney's chance in Indian market?
The Boeing 777 aircraft that was involved in the incident had a PW4000 engine. In India, IndiGo and GoAir used Pratt & Whitney engines in their A320Neo aircraft, and these had to be replaced after multiple snags
BUSINESS
The anatomy of a small airport: Kalaburagi airport is among India’s fastest growing
The small airport in Karnataka is among the handful that have surpassed the pre-COVID-19 traffic. Many educational institutes in the town and nearby areas are generating traffic.
BUSINESS
Here's why Air India, which also has Boeing 777 aircraft, doesn't need to bother about changing engines
World over, airlines have been forced to ground much of their B777 fleet after the incident with United Airlines flight.
BUSINESS
Four years of N Chandrasekaran: The marathoner builds his legacy at Tata Sons, one step at a time
Even as the Chairman of Tata Sons bets on new areas such as electric vehicles, digital and healthcare, legacy challenges continue to shadow the $106 billion conglomerate.
BUSINESS
Star Air: The airline that has already surpassed its pre-COVID-19 performance
By July 2020 itself, the regional airline was flying more passengers than it did a year ago. What explains the feat that bigger airlines couldn't pull off?
BUSINESS
Jet Airways insolvency: Revival plans get a 'reset' as boarding time gets extended
While the Jalan-Kalrock Capital consortium had planned to resume operations by summer 2021, this may now get pushed by 90 days. The combine is now using the additional time to fine-tune strategy
BUSINESS
IPO-bound EaseMyTrip reshuffles pecking order of online travel agencies, claims second spot
In its filings with SEBI, the online travel agency claims to have overtaken Yatra to become the second largest OTA in India. MakeMyTrip continues to top the space
BUSINESS
Hike in airfare cap: Airline ticket rates have been on an uptick since January
Average fare per km has seen a steady increase since January first week, data show.
