May 28, 2015 06:20 PM IST
Analysts say power business profitability may remain adversely impacted. Airports profitability may also get impacted by discontinuation of user development fee (UDF) in Hyderabad airport.
- Mar 13, 2014 06:58 PM IST
The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company's financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure's airport business.
- Apr 02, 2013 08:56 AM IST
Facing charges of domestic violence slapped by his wife, Kerala forest minister K B Ganesh Kumar resigned from the Congress-led UDF ministry late last night.
- Jun 25, 2012 01:52 PM IST
GMR Infrastructure, which runs the Delhi Airport has once again proposed to the Airport Economic Regulatory Authority (AERA) to allow them to hike airport charges in addition to the 346% increase in user development fee (UDF) which came into effect last month.
- Jun 12, 2012 10:10 PM IST
More than a month and counting, that's how long the Air India pilot's strike has lasted this time. For an already ailing national carrier the consequences are obviously serious. But even the common man is bearing the brunt with the strike pushing up air fares especially for flights to the Gulf, reports CNBC-TV18's Sunanda Jayaseelan.
- May 17, 2012 03:58 PM IST
Domestic fliers are miffed at what they feel as an exorbitant user development fee (UDF) which they will now have to pay while taking off or landing at the Delhi International Airport
- Apr 26, 2012 06:46 PM IST
Jet Airways senior vice-president M Shivkumar presents the airline‘s perspective to CNBC-TV18 on the hike in development charges by the developers of Delhi and Mumbai airports.
- Apr 26, 2012 01:40 PM IST
The newly introduced user development fee (UDF) at the Delhi airport seems to be upsetting many. Passengers and airlines will now have to pay 346% more on what they have been paying to the airport operatorâ€”the GMR Group which runs the airport along with a consortium.
- Apr 25, 2012 07:02 PM IST
Air travel cost from Delhi is set to go up soon with airports regulator AERA today deciding to raise airport charges by a whopping 346% for two years, as airlines said the passengers would have to face the brunt of this massive hike.
- Apr 11, 2012 09:42 PM IST
Airport Economic Regulatory Authority (AERA) chairman Yashwant Bhave told CNBC-TV18 that the hike in airport charges for Delhi airport could be implemented by the end of this month.
- Mar 27, 2012 02:00 PM IST
Kerala Congress (B), a minor partner in the ruling Congress led UDF in Kerala, today stopped short of recalling its nominee and State Minister for Forest and Sports K B Ganesh Kumar, saying that the minster was 'arrogant' and not adhearing to party line.
- Oct 03, 2011 04:58 PM IST
The Congress-led United Democratic Front (UDF) Government in Kerala today took strong objection to national carrier Air India's charging higher rates during the festival season for overseas flights to and from Kerala, on which a large chunk of Non-resident Keralites (NRKs) depend for travel.
- Jun 27, 2011 11:40 AM IST
Thiruvananthapuram, Jun 27 (PTI) In a relief to common man, UDF Government in Kerala today decided to forgo the state tax to be accrued by way of the recent increase on diesel price.
- May 13, 2011 11:13 PM IST
In a photo-finish, the Congress-led UDF on Friday unseated the CPI(M)-led LDF, winning 72 seats in the 140-member assembly, the thinnest majority margin in the last four decades.
- May 13, 2011 12:00 PM IST
Trinamool Congress-led alliance appears set to sweep West Bengal, AIADMK-led coalition looks well ahead in Tamil Nadu, while there is a close contest between ruling LDF and UDF in Kerala in the counting of votes in the assembly elections in four states that began on Friday.