Kingfisher owes Rs 60 crore in service tax outstandings: Dept
Kingfisher Airlines continues to default on its service tax outstandings, amounting of over Rs 60 crore, and the government move to allow FDI policy in civil aviation sector offers the 'only ray of
Air India asked to clear salaries of employees by month-end
Air India will pay salaries to all its employees for the month of July by the September 27.
The salaries for the non-licensed category of employees for the month of August will also be paid by Septem
Kingfisher in talks with foreign airlines for FDI: Mallya
Following the government move to allow FDI policy in the civil aviation sector, Chairman of debt-ridden Kingfisher Airlines Vijay Mallya on Wednesday said the carrier was in talks with foreign airline
Boost for Air Kerala as Ajit plans norm relax
Kerala’s ambitious Air Kerala proposal has got a boost with civil aviation ministry mooting relaxations in criteria of five years’ experience and a 20-aircraft fleet for Indian carriers to fly oversea
Foreign airlines on 'wait-and-watch' mode on aviation FDI
Major foreign airlines seem to have adopted a wait-and-watch approach over the government's decision to allow them to pick up 49 per cent stake in Indian carriers, even though the government says t
Foreign airlines on 'wait-and-watch' mode on aviation FDI
Major foreign airlines seem to have adopted a wait-and-watch approach over the government's decision to allow them to pick up 49 per cent stake in Indian carriers, even though the government says the
SC notice to Centre on plea for probe of AI aircraft purchase
The Supreme Court on Friday issued notice to the Centre and Air India on a plea seeking a CBI/SIT probe into alleged irregularities including purchase of aircraft for the national carrier and givin
Emirates says has no plans to buy stake in Indian carriers
Dubai's flagship carrier Emirates said on Monday it did not have plans to buy a stake in any Indian carrier, after India last week allowed foreign airlines to buy up to a 49 per cent stake in local ca
Ajit Singh orders suspension of 6 top AAI officials
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
Big bang reforms come in a new wave
Under fire from many quarters over its so-called 'policy paralysis', the Manmohan Singh government swung into action on Friday to usher in big-ticket reforms in several areas.
In a new wave of surpri