Aviation
IndiGo rules Indian skies as traffic increases 15.5% in Dec
20 Jan 2015
IndiGo, at present India’s only profit-making airline, had a 31 per cent market share, followed by Jet Airways and Air India
SpiceJet may cut 2,000 jobs, scale down operations to stay afloat
19 Jan 2015
The cash-strapped airline is planning to balance its aircraft versus employee ratio, indicating the prospects of a lay off
Marans exit SpiceJet, transfer ownership to Ajay Singh
15 Jan 2015
Like Kingfisher Airlines, SpiceJet too was on the brink of collapse, till help came from Ajay Singh, who helped set up the low-cost carrier in 2005
Ajay Singh, JPMorgan begin talks with SEBI on SpiceJet future
14 Jan 2015
Potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with the Securities and Exchange Board of India over their investment plan for the cash-strapped airline
Naresh Goyal pledges his entire 51% stake in Jet Air to PNB
14 Jan 2015
Jet Airways' main promoter and chairman Naresh Goyal has pledged his entire stake of 51 per cent in the carrier, valued at over Rs2,600 crore, to state-run Punjab National Bank
Around the corner? Air India finally posts profit in December
13 Jan 2015
Despite Centre for Asia Pacific Aviation's estimate that the Indian airline industry will post losses of up to Rs8,408 crore in FY15, Air India recorded a net profit of Rs14.6 crore in December
Full service: first Vistara flight lands in Mumbai from Delhi
09 Jan 2015
The Tata-Singapore Airlines joint venture marks the re-entry of the Tata Group in the airline business after it was forced out of the business after a government takeover 60-odd years ago
Boeing delivered record 723 jetliners in 2014
07 Jan 2015
Kingfisher’s lenders unite to file contempt case against Mallya
07 Jan 2015
A consortium of 17 lender-banks to the failed Kingfisher Airlines filed a contempt application with the Karnataka High Court against the airline, its promoter Vijay Mallya, and parent group United Breweries Holding Ltd
With Ajay Singh in pic, SpiceJet hopes to tap foreign funds
23 Dec 2014
Reports say unnamed PE firms are conducting due diligence exercise on SpiceJet and the airline is hopeful of infusion of money within the next month and half
India successfully flight-tests naval version of LCA
22 Dec 2014
With the latest test flight, the LCA Naval version has proved its worthiness and is ready for induction into the Indian Navy
SpiceJet founder Ajay Singh rumoured in talks to bail out airline
18 Dec 2014
Ajay Singh, the man who launched SpiceJet in 2005, along with London-based Bhulo Kansagra, may come back to bail out the troubled carrier following a meeting with aviation ministry officials on Wednesday evening
SpiceJet resumes flights on “cash-and-carry” fuel
17 Dec 2014
Jet fuel supplies to SpiceJet resumed after the airline paid cash for the purchases, but the oil companies denied having stopped fuel supplies to the troubled carrier
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
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
By Aniket Gupta | 27 Dec 2023
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.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
.jpg "RBI issues new directions to banks for recovering money lost in frauds,")
