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135 Results Found
  • AAI mulls Rs 500 cr bond issue next year to fund expansion Sep 15, 2013 02:40 PM IST

    AAI mulls Rs 500 cr bond issue next year to fund expansion

    State-run Airports Authority of India may take the bond route to fund its on-going projects if it does not receive its around Rs 1,400 crore dues from the debt-ridden Air India, a source said.

  • Bill to set up first national aviation university passed Sep 06, 2013 09:06 PM IST

    Bill to set up first national aviation university passed

    The proposed university would come up at Sonia Gandhi's constituency of Rae Bareli in Uttar Pradesh. Civil Aviation Minister Ajit Singh moved the Rajiv Gandhi National Aviation University Bill, 2013 which provides for creation of this central university on a 26 acre plot at the Indira Gandhi Rashtriya Udaan Academy at Fursatganj in Rae Bareli.

  • Defunct pvt airlines owe Rs 206 crore to AAI: Minister Aug 27, 2013 09:15 PM IST

    Defunct pvt airlines owe Rs 206 crore to AAI: Minister

    Several private airlines, now defunct, owed over Rs 200 crore to state-owned airport operator Airports Authority of India (AAI), which is making efforts to recover the outstanding amount, the Rajya Sabha was informed.

  • AAI to issue tax-free bonds to develop airports Jul 05, 2013 09:59 PM IST

    AAI to issue tax-free bonds to develop airports

    Days after the government's move to construct 51 low-cost airports across the country, the Airport Authority of India (AAI) has decided to issue tax-free bonds worth Rs 1,000 crore in the current financial year.

  • Competition Commission looking into Jet-Etihad deal May 22, 2013 12:49 PM IST

    Competition Commission looking into Jet-Etihad deal

    Fair trade regulator Competition Commission is examining the over Rs 2,000-crore deal between leading carrier Jet Airways and Abu Dhabi-based Etihad Airways.

  • Expect margins to expand further: NIIT Tech May 17, 2013 05:59 PM IST

    Expect margins to expand further: NIIT Tech

    NIIT Technologies CFO Pratibha Advani says that the overall results of the company have been good in Q4 and expects margins to expand further on the back of large deal wins.

  • NIIT Technologies signs Rs 344 cr contract with AAI Apr 25, 2013 06:49 PM IST

    NIIT Technologies signs Rs 344 cr contract with AAI

    NIIT Technologies today said it has signed a Rs 344 crore multi-year contract with the Airports Authority of India for implementation of airport operations control centers across 10 cities, in partnership with communication specialist SITA.

  • Space crunch to hit parking of choppers at Mumbai airports Apr 17, 2013 04:14 PM IST

    Space crunch to hit parking of choppers at Mumbai airports

    Space crunch may hit parking of helicopters and small airplanes at the two airports in Mumbai, with the Airports Authority of India (AAI) planning to implement stringent guidelines to decongest the aerodromes and their runways.

  • Non-payment of property tax: Airport furniture seized Apr 13, 2013 01:06 PM IST

    Non-payment of property tax: Airport furniture seized

    Some furniture at the administrative building of the airport here were on Saturday seized by officials of a cantonment board as part of proceedings to recover Rs 23 crore property tax dues owed by Airports Authority of India to the local body.

  • AAI tells Kingfisher to clear dues, refuses any credit Apr 11, 2013 12:21 PM IST

    AAI tells Kingfisher to clear dues, refuses any credit

    Even as Kingfisher Airlines is struggling hard to resume flights, the Airports Authority of India (AAI) has made it clear that it will let the carrier use airport infrastructure on credit basis, exclusive sources.tell CNBC-TV18

  • Airports Authority of India to form JV for jet fuel supply Mar 26, 2013 02:24 PM IST

    Airports Authority of India to form JV for jet fuel supply

    Airports Authority of India will form a joint venture with local airlines and oil companies to supply jet fuel to carriers and Reliance Industries will be a part of it, its chairman V.P. Agrawal said on Tuesday

  • AAI asks Kingfisher to pay Rs 390 cr in dues Feb 19, 2013 05:32 PM IST

    AAI asks Kingfisher to pay Rs 390 cr in dues

    Troubles never seem to end for Kingfisher Airlines with state-run Airports Authority of India today tightening the noose saying it wanted a "firm commitment" from the grounded carrier for clearance of over Rs 390 crore worth of dues before it is allowed to fly again.

  • Mallya meets Ashwani Kumar Feb 07, 2013 06:27 PM IST

    Mallya meets Ashwani Kumar

    As the squeeze tightened over grounded Kingfisher Airlines to pay up the dues of the government, lessors and service providers, its promoter Vijay Mallya today met Law Minister Ashwani Kumar apparently to discuss ways to deal with the situation.

  • Govt to focus on low-cost airports: Ajit Singh Feb 06, 2013 03:10 PM IST

    Govt to focus on low-cost airports: Ajit Singh

    Government would now focus on developing low cost airports to provide air connectivity to remote and interior areas of the country and encourage growth of regional airlines, Civil Aviation Minister Ajit Singh said today.

  • Won't go by Kingfisher's 'empty promises': AAI Jan 28, 2013 04:25 PM IST

    Won't go by Kingfisher's 'empty promises': AAI

    Spelling fresh trouble for beleaguered Kingfisher Airlines, state-run Airports Authority of India (AAI) has said it will not go by the "empty promises" of the airline management and would insist on clearance of its dues before the carrier is allowed to fly again.

  • Kingfisher Air down 4% after losing slots at Mumbai Airport Jan 09, 2013 09:34 AM IST

    Kingfisher Air down 4% after losing slots at Mumbai Airport

    Shares of Kingfisher Airlines slipped 4% to Rs 13.35 after the Mumbai Airport authorities gave away six out of 11 of its slots to Indigo. As per reports, it is learnt that Mumbai International Airport Ltd may give away remaining slots to other carriers in due course of time.

  • Aviation Min to cut levy at Mumbai, Delhi airports from Jan Dec 11, 2012 09:19 AM IST

    Aviation Min to cut levy at Mumbai, Delhi airports from Jan

    Air passengers have a reason to cheer as the civil aviation ministry is likely to slash airport development fee (ADF) by 54% at Delhi and Mumbai airports, says a report in Business Standard.

  • Kingfisher seeks more time to submit revival plan to DGCA Nov 15, 2012 07:32 PM IST

    Kingfisher seeks more time to submit revival plan to DGCA

    Cash-strapped Kingfisher Airlines, which is yet to pay part dues to its employees, has sought more time to submit a comprehensive revival plan to the aviation regulator DGCA.

  • Venugopal hold meeting with AAI officials Nov 02, 2012 09:36 PM IST

    Venugopal hold meeting with AAI officials

    Newly appointed minister of state for civil aviation, K C Venugopal today held a meeting of Airports Authority of India and reviewed work of the organisation.

  • AAI to move FinMin again for Rs 3,000 cr bond issue Oct 31, 2012 08:56 PM IST

    AAI to move FinMin again for Rs 3,000 cr bond issue

    State-run Airports Authority of India (AAI) today said it will soon approach the Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds to finance modernisation of non-metro airports.

  • Kingfisher revival plan: Mallya meets Civil Aviation Secy Oct 30, 2012 02:47 PM IST

    Kingfisher revival plan: Mallya meets Civil Aviation Secy

    Ahead of submitting a revival plan to aviation regulator DGCA, Kingfisher Airlines Chairman Vijay Mallya today met Civil Aviation Secretary K N Shrivastava and briefed him about the steps being taken to revive the beleaguered carrier.

  • AAI to infuse equity in MIAL, DIAL to abolish ADF Oct 25, 2012 09:57 PM IST

    AAI to infuse equity in MIAL, DIAL to abolish ADF

    CNBC-TV18's Sumit Jha reports that the AAI has decided to infuse equity in MIAL and DIAL in a move to abolish ADF.

  • Ajit Singh fires 6 top AAI officials for graft Sep 17, 2012 07:00 PM IST

    Ajit Singh fires 6 top AAI officials for graft

    Six senior Airports Authority of India officials have been suspended after a preliminary CBI probe found them allegedly favouring a private firm while awarding ground handling service contracts at some airports.

  • L&T Construction bags Rs 2,008 crore contracts in July-Aug Aug 13, 2012 02:36 PM IST

    L&T Construction bags Rs 2,008 crore contracts in July-Aug

    L&T Construction today said it has bagged orders worth Rs 2,008 crore across various business segments during July and August.

  • New Airport Terminal at Kolkata expected to be ready in Oct Jul 19, 2012 03:05 PM IST

    New Airport Terminal at Kolkata expected to be ready in Oct

    Airports Authority of India is hopeful of throwing open the new terminal of Netaji Subhash Chandra Bose International Airport at Kolkata to the public by Durga Puja this year, a top official has said.

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