FE Bureau | April 25, 2018 6:06 AM
The country’s civil aviation regulator Directorate General of Civil Aviation (DGCA) has allowed airlines to use this as an operating norm. A Delhi High Court order of April 18 asked the airlines and the DGCA to pull a plug on this practice, citing five recent incidents that have resulted in both loss of life and aircraft, as result of fatigue arising out of constant flying.
Saurabh Kumar | April 25, 2018 5:53 AM
Indian Railways is exploring options other than DFCs, like high-speed passenger corridors and capacity augmentation of existing lines, to tackle the most niggling issue of congestion on tracks, especially on the Golden Quadrilateral.
Deepa Jainani | April 25, 2018 5:37 AM
It may be mentioned that the project has been a talking point for almost 17 years now. It was first conceived by the Rajnath Singh government in 2001, and then pushed hard by the Mayawati government since she came to power in the state in 2007.
FE Bureau | April 24, 2018 2:26 AM
Two days after the Centre approved an ordinance that allows courts to award the death penalty to those convicted of raping children below 12 years of age, the Delhi High Court on Monday questioned the move and asked the Centre if any scientific assessment was conducted or the view of victims taken before the ordinance was approved.
Sushant Singh | April 24, 2018 2:21 AM
In a bid to boost defence cooperation, the government has asked the armed forces to compile a list of obsolete military equipment that can be “refurbished at minimal cost” and gifted to “friendly” countries, sources told The Indian Express.
Express News Service | April 24, 2018 2:16 AM
BJP state president B S Yeddyurappa on Monday announced that his son B Y Vijayendra will not contest the Karnataka assembly elections from the Varuna constituency in Mysuru against Congress Chief Minister Siddaramaiah’s son Yatindra.
Abantika Ghosh | April 24, 2018 2:03 AM
Rajya Sabha Chairman M Venkaiah Naidu on Monday rejected the unprecedented notice submitted by seven Opposition parties on a motion for impeachment of Chief Justice of India Dipak Misra, citing “absence of credible and verifiable information” on proved “misbehaviour or incapacity” and use of phrases that suggest MPs themselves were “unsure of their own case” and were acting on “mere suspicion”, “conjecture” or “assumptions”.
Express News Service | April 24, 2018 1:58 AM
Describing Rajya Sabha Chairman M Venkaiah Naidu’s rejection of the Opposition notice seeking the impeachment of Chief Justice of India Dipak Misra as “illegal”, “unconstitutional” and “hasty”, the Congress Monday said MPs who had signed the notice would challenge the order in the Supreme Court.
fe Features | April 22, 2018 2:38 AM
On the ocassion of World Book and Copyright Day on Monday, Puffin India has partnered with Flipkart and UNESCO New Delhi Cluster Office for the release of a new edition of The Puffin Book of Folktales.
FE Bureau | April 21, 2018 2:36 AM
Just as the Telangana government is planning to come out with a Kerala model road safety legislation, the Kerala government is readying to pay back the compliment by taking a leaf from Telangana’s success with inland fish harvest.
R Ravichandran | April 20, 2018 2:51 AM
The All India Cycle Manufacturers’ Association (AICMA) on Thursday strongly urged the Centre to halt the dumping of cheap Chinese bicycles used for public bicycle sharing (PBS) schemes in India.
FE Bureau | April 20, 2018 2:46 AM
Prices of unsold housing units declined by 7% during the first quarter (January-March) of 2018 from the previous quarter in the nine key cities across the country as developers reduced property rates in a bid to boost sales, a report by PropEquity said.
Mexico has become a reliable partner for India’s energy security needs, says Indian ambassador to MexicoHuma Siddiqui | April 20, 2018 2:40 AM
India is now among the top ten trading partners with Mexico and the bilateral trade between the two countries is expected to touch the $10-billion mark, likely before 2020.
FE Bureau | April 19, 2018 5:26 AM
During March, the increase in PLF of individual carriers ranged between 4% and 12% compared to the same period last year.
FE Bureau | April 19, 2018 5:06 AM
The speculations got stronger after Japan’s SoftBank — an investor in Ola — joined Uber as an investor committing over $1 billion.
We are not trying to be either a free service or a premium player, says head of content – APAC, Amazon VideoAnushree Bhattacharyya | April 19, 2018 4:58 AM
As a content market, there are similarities between Japan and India. Consumers in both India and Japan watch a lot of local content alongside US content, whereas in markets like Australia and Singapore, US content is extremely popular.
FE Bureau | April 19, 2018 2:35 AM
This not only causes monetary loss but also jeopardises the goodwill of the original player.
R Ravichandran | April 19, 2018 2:30 AM
According to him, its not the volume but higher tonnage vehicles which give them strong growth momentum both in turnover and EBITDA margins.
FE Bureau | April 19, 2018 2:23 AM
The revenue of the company for the January-March period at Rs 1,464 crore implied an 11% growth compared to the same period last year.
Rouhan Sharma | April 18, 2018 3:17 PM
The acquisition of land for the proposed Rs 46,000-crore Nagpur-Mumbai expressway is almost complete with 80% of the total 8,603 hectares required already in possession of the implementing authority, Maharashtra State Road Development Corporation (MSRDC).
Indronil Roychowdhury | April 18, 2018 1:48 AM
While SK Kapoor, the counsel for Dalmia Bharat, argued that UltraTech flouted the provisions of the IBC by submitting two resolution plans, one in February and another in March, Pratap Chatterjee, counsel for the CoC, argued that only the H1 bidder can be contacted for negotiations.
FE Bureau | April 18, 2018 1:33 AM
The report makes a strong case for the government to engage with developers and address the issues around the input credits and other complexities that have risen around the computation of different categories, including land cost and construction materials, after the implementation of the new tax regime.
Building a real estate advisory in India has been tougher than expected, says group chairman of Knight FrankApril 18, 2018 1:29 AM
We have had two days of planning here, working out what we are going to do here next in India.
FE Bureau | April 17, 2018 5:28 AM
Ola is the market leader in app-based hailing and intends to leverage its scale to bring cleaner, more comfortable and safer products to market, a press release by the firm said.
Mithun Dasgupta | April 17, 2018 5:19 AM
Significantly, the tribunal heard the case on Monday after Binani Industries (BIL), the promoter of Binani Cement, on last Friday withdrew its appeal for termination of the insolvency process against its subsidiary, with the Supreme Court unwilling to interfere in the IBC proceedings.
Indu Bhan | April 17, 2018 5:14 AM
The two RBI accredited rating agencies — CARE and SMERA — had done the credit rating and assigned BBB-rating (investment grade, signifying moderate degree of safety regarding timely servicing of financial obligations), it said.
Indu Bhan | April 17, 2018 5:10 AM
The order was passed on an appeal filed by HSBC Daisy Investments and some other minority shareholders who have about 4% stake in Reliance Infratel.
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