Though GVKAHL is confident about acquiring ACSA’s stake, Bidvest has been in talks with infrastructure major Adani Group for sale. GVK had urged the court to prevent Bidvest from creating third-party rights on its 162 milli
Jubilant FoodWorks and Jubilant Lifesciences in late night BSE filings, however, clarified that “Jubilant Enpro Pvt Ltd (a promoter group company) has decided not to charge the corporate brand royalty of 0.25% of the consol
More than 12 years after the Delhi and Mumbai airports were privatised, the facilities at Lucknow, Jaipur, Ahmedabad, Mangaluru, Trivandrum and Guwahati would be going under the hammer in the coming weeks, a move that has bee
Jet Airways has deferred deliveries of six Boeing 737 max aircraft due to non-payment to its lessors, sources in the airline said on Wednesday. The full-service carrier had placed an order for 75 Boeing 737 max aircraft in Ju
Qatar Airways CEO Akbar al-Baker on Tuesday said that the company will not buy a stake in the cash-strapped Jet Airways as a 24% stake in the airline is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar
Aircraft maker Boeing expects the current crisis at Jet Airways to be resolved in a month’s time. Dinesh Keskar, senior V-P (sales), Asia-Pacific and India, said on Tuesday that things are moving in the right direction for
The Centre would soon chart out a strategy for the domestic manufacturing of aircraft along with promoting aircraft financing from within the country, civil aviation minister Suresh Prabhu said on Tuesday.
The fierce competition among domestic carriers may have started to take a toll on the government’s regional connectivity scheme (RCS) with SpiceJet suspending operations on one of its southern routes owing to lack of commer
Gurgaon-based Zoom Air, which has been grounded since July, is likely to restart operations from next month after the aviation regulator renewed the carrier’s flying permit which had been held back over safety concerns.