Travel

Government intervenes to save IndiGo from Jet Airways-like crash landing

Will PM Modi's intervention save IndiGo from crash-landing like Jet?

Rahul Bhatia controls nearly 38 percent stake in the airline against Rakesh Gangwal's 37 percent. Bhatia also holds special rights, including the prerogative of appointing three out of six directors.

Jul 17, 2019

IndiGo promoters' differences threaten services

IndiGo rift set to worsen as Bhatia camp plans to grill Gangwal on engine talks

Board members to seek more information from Gangwal on his 'exclusive parleys' with engine maker Pratt & Whitney before IndiGo signed $20-billion deal for engines with rival CFM.

Jul 15, 2019

Kartarpur Corridor: India-Pakistan meet to discuss second round of talks

India and Pakistan will be discussing details including infrastructure, pilgrims movement and safety on the development of the Kartarpur Corridor.

Jul 14, 2019

Will IndiGo tread Jet's path as promoters clash over governance?

Differences between Gangwal and Bhatia have reached a stage where they could affect the day-to-day operations of India's largest airline; Sebi forced to intervene

Jul 10, 2019

From visa waiver to direct flights, here's why Indians dominate Thailand tourism

Thailand's Ministry of Tourism and Sports said that a record 180,000 Indian tourists visited Thailand in June 2019.

Jul 8, 2019

Ryan Sethi shows how passion and determination can fulfill any dream

Ryan Sethi is a popular travel bloggers, an internet guru, and a successful digital marketer. Having created an image for himself, he has shown how passion and determination can fulfill any dream.

Jul 8, 2019

Interests of Tata and Qatar Airways may cloud Etihad and Hinduja bids to buy Jet cheap

The UAE national carrier, a strategic partner holding about 14 per cent stake in the defunct private airline, has reportedly contacted the bankruptcy resolution professional.

Jul 1, 2019

Oyo hotel in $300-million expansion in US

Oyo eyes top slot with $300 million push in US market adding one hotel a day

Flush with funds, Oyo group hopes to replicate the success of its rapid growth in India and China in the US to corner more market share.

Jun 20, 2019

Bankruptcy-bound Jet staff stare at mid-career domain switch fearing jobless tag

Many of the defunct airline's staff are under pressure to switch domains though some have managed to hop on to other airlines.

Jun 19, 2019

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Now that SBI-led lenders' consortium has decided to start bankruptcy proceedings against Jet Airways, UAE national carrier Etihad with 12% stake has a chance to drive a hard bargain.

Jun 18, 2019

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

The fate of Jet Airways lenders rescue plan in the balance as several suppliers and operational creditors head to National Company Law Tribunal to initiate proceedings under Insolvency and Bankruptcy Code.

Jun 10, 2019

The Air India plane flying the inaugural trip from Lucknow,

Air India divestment: Will Modi 2.0 get second time lucky with 100% stake sale?

The Narendra Modi government is taking up unfinished business on a priority basis and Air India privatisation is top on the agenda.

Jun 5, 2019

IndiGo shares tank over report of differences between co-founders on growth plan

India's largest airline has been growing at breakneck speed with drastic capacity addition to grabbing market share in the world's fastest-expanding aviation market.

May 16, 2019

Will Naresh Goyal face criminal charges over financial fraud after Jet crash?

Registrar of companies is examining the airline's books of account to see if promoters diverted funds from floundering Jet and hastened its crash; any criminal investigation could adversely affect the bidding process piloted by the lenders

May 2, 2019

air india express aviation civil air india market share profit modi revenue passengers plf market india

Air India Express, Air India mull Jet planes lease as lenders secure assets

Indians in the Gulf happy as flight cancellation because of aircraft shortage is a major problem in the sector; Air India hopes to lease wide-body aircraft along with the routes.

Apr 22, 2019

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