Aviation
Jet Airways founder Naresh Goyal to step down as chairman
01 Mar 2019
Goyal has also agreed to reduce his 51 per cent stake in the full-service carrier, but will continue to be a part of the company in some capacity even after stepping down as chairman
Adani Group bids highest for 5 AAI airports
25 Feb 2019
The Adani Group quoted Rs168 per passenger fee for the Thiruvananthapuram airport and the price submitted by KSIDC did not come within the ten per cent difference criteria for the Kerala government-owned firm to get the benefit of the right of first refusal
Saab expands ties with Indian firms for Gripen aerostructures
21 Feb 2019
Swedish defence firm Saab AB has offered to make 96 of the 110 fighter jets in a production facility in India if it wins the $15 billion order
LCA Tejas is now fully combat-ready
21 Feb 2019
The final version of LCA Tejas has several additional features like advanced missile capability with a significantly enhanced range, better air-to-ground capabilities with precision targeting and general flight envelope expansion
Lockheed Martin unveils F-21 multi-role fighter jet for `Make-in-India’
20 Feb 2019
Lockheed Martin said the F-21, to be produced in collaboration with Tata Advanced Systems India, is specifically configured for the Indian Air Force, and scalable, which would provide "unmatched” Make in India opportunities
Creditor banks hope to pilot Jet Airways with 50.1% stake
15 Feb 2019
The airline aims to increase authorised share capital to Rs2,200 crore, which would include Rs680 crore of equity capital and Rs1,520 crore of preference share capital, leaving Naresh Goyal with just 20 per cent or lesser stake
End for the road for Airbus A380 as Emirates retracts orders
14 Feb 2019
With few other international airlines investing in the costly A380s, Emirates decided to ditch the superjumbo in favour of the latest generation Airbus A330neo and A350 aircraft
Qatar, EU set to sign open skies agreement
06 Feb 2019
All Nippon to expand with 48 new aircraft and a 9.5% stake in PAL
04 Feb 2019
ANA last week announced plans to place orders for 48 narrow-body aircraft, including 30 Boeing 737 MAX 8s and 18 Airbus A320neo besides acquiring a 9.5 per cent stake in PAL Holdings, the parent of Philippine Airlines Inc to expand in Asia
Naresh Goyal sets terms for investing Rs700 cr in Jet Airways
18 Jan 2019
With Ethihad taking 25 per cent and SBI another 20 per cent equity stake under the proposed debt resolution plan, Goel will have to dilute his 51 per cent stake well below the takeover trigger, which he does not want
Govt to extend Udan flights to international destinations
15 Jan 2019
Modi government’s Udan would be going international with flights to Thailand and Bangladesh for as low as Rs2,500, say reports, quoting sources in the aviation ministry
Naresh Goyal to end control of Jet Airways, Etihad to raise stake to 49%
14 Jan 2019
While Naresh Goyal’s stake in Jet Airways will be brought down to around 20-25 per cent and his voting rights brought down to 10 per cent, Goyal's son Nivaan Goyal is likely to be included as non-executive director once a resolution plan is finalised, say reports
Jet Airways back on the table for stake sale talks with Tatas: report
11 Jan 2019
If Jet Airways, which has overdue debt and payments to staff, lessors and airports, fails to find an investor or financier, the airline could go the Kingfisher way
Featured articles
Lighter than air, yet very, very powerful
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In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
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The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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