Aviation
Kingfisher grounds 15 planes; pilot exodus continues
19 Dec 2011
The cash-strapped airline has grounded 15 aircraft after being unable to meet maintenance and overhaul expenses
CBEC de-freezes bank accounts of Air India, Kingfisher
15 Dec 2011
Kingfisher has made an interim payment of Rs9 crore to the CBEC, while state-owned Air India paid Rs8 crore against outstanding dues of about Rs110 crore and Rs310 crore respectively towards service tax dues
The sorry flight of a Kingfisher
21 Nov 2011
Even if the government doesn’t allow foreign airlines into the country and if he is unable to find other sources of capital for his airline, Vijay Mallya has an easy way to save himself from further pain. Hand over Kingfisher to the lenders, let them run the airline. By Vivek Sharma
Comtel Air leaves Punjab-UK fliers in the lurch
18 Nov 2011
Airline dumps passengers at Vienna; says it can’t afford the onward fuel
We will ride out the storm, says Kingfisher’s Mallya
15 Nov 2011
Vijay Mallya, chairman of Kingfisher Airlines, today sought to rebut reports that his ailing airline has sought a Western-style bailout from the Indian government
Strike-hit Qantas grounds its entire fleet, declares lock-out
29 Oct 2011
This follows full shift employees walking-off, one-hour strikes, nationwide stoppages, overtime bans and daily meetings during working hours.
Maran to raise stake in SpiceJet to 43 % by October
13 Sep 2011
The infusion and stake increase will take place through the issue of convertible preference shares at a premium of 50 per cent to the current share price
Tiny flying machines inspired by nature will revolutionise surveillance work
28 Jul 2011
Tiny aerial vehicles are being developed with innovative flapping wings based on those of real-life insects.
Kalanithi Maran pledges 86.17 per cent of his SpiceJet stake
23 Jul 2011
Media baron Kalanidhi Maran together with his KAL Airways holds 156.5 million shares or 38.16 per cent stake in Gurgaon-based SpiceJet.
Government pushing Air India to the wall
17 Jun 2011
Jet Airways pays part of Rs478-crore dues to Sahara: report
04 May 2011
Jet airways is reported to have paid Rs275 crore of the Rs478-crore the Bombay HC today asked it to pay the Sahara group for default in its obligations toward the Rs1,450 crore take-over of Sahara Airlines
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,")
