Various policy measures initiated by the government for the civil aviation sector have begun to yield results and the airline industry in India is witnessing a revival, union Civil Aviation Minister Ajit Singh said on Sunday. ...
04:15 AM, Mar 18, 2013
Kingfisher Airlines needs to invest at least Rs 2,000 crore to restart its operations, said one of its lenders, State Bank of India's Chairman Pratip Chaudhuri. SBI is the lead banker in the 17-lender consortium that extended Rs 7,000 crore loans to the now grounded Kingfisher Airlines. ...
06:09 PM, Jan 22, 2013
Grounded Kingfisher Airlines on Wednesday made another attempt to convince Director General of Civil Aviation (DGCA) on its revival plans, but failed to provide any details on its funding which the aviation regulator wanted. Kingfisher chief executive officer Sanjay Agarwal met DGCA Arun Mishra in New Delhi for about 45 minutes to apprise him of the prevailing scenario facing the airline, but sources said he gave no information about any...
01:08 PM, Jan 16, 2013
Kingisher Airlines' planned investment of Rs 650 crore is not enough to restart operations at the grounded Indian carrier, a senior government source said on Friday. ...
11:42 AM, Jan 11, 2013
With employees threatening to move court for closure of the company, Kingfisher Airlines chairman Vijay Mallya on January 10 finally broke his silence through a letter to his employees saying the management is making every effort to restart operations. At the same time, Mallya urged the employees to be careful in their interaction with the media, alleging "negative reporting" by media on the carrier. ...
12:32 PM, Jan 10, 2013
Ratings agency Crisil on Wednesday said a revival in consumption will push up the country's gross domestic product (GDP) growth rate to 6.7 per cent in FY'14, from 5.5 per cent estimated for the current fiscal (FY13). "India's GDP will grow at a higher rate of 6.7 per cent in 2013-14 in comparison to 5.5 per cent estimated for the current fiscal due to a revival in consumption," the agency's...
03:46 PM, Jan 09, 2013
A consortium of lenders, led by State Bank of India, on Friday opposed ailing Kingfisher Airlines' plan to resume operations and insisted on "better commitments" from the carrier. The meeting between lenders and the KFA management in Bangalore remained inconclusive as the bankers were "not impressed" with the revival plan, sources said. ...
10:25 PM, Jan 04, 2013
Financially stretched Kingfisher Airlines on Monday submitted its revival plans to the aviation regulator which had cancelled its flying licence over safety concerns. "They (Kingfisher Airlines) submitted their revival plans to the director general of civil aviation (DGCA) in a meeting held today (Monday)," a civil aviation ministry source said. ...
04:08 PM, Dec 24, 2012
New Delhi: Prime Minister Manmohan Singh, speaking out on the road to economic revival in an exclusive interview to Hindustan Times, said that there are five key challenges in the year ahead which needs to be addressed to achieve inclusive growth for Indians and a fair playing field for foreign investors. Singh whose government had to backdown on major business reforms in the past said, "political consensus is needed for...
09:25 PM, Jul 05, 2012
Among the many who watched in disbelief as Chelsea defied all odds and all logic to produce an incredulous victory over Barcelona, there would have been one man in particular who would have been considerably baffled, and most certainly aggrieved. It was a performance of immense character, discipline, desire and resilience from the English side, qualities that had been starkly absent, however, in the same players not too long ago...
01:51 AM, Apr 28, 2012
Beijing: Chinese movie stars gathered Wednesday to launch a blockbuster movie celebrating the 90th anniversary of the Chinese Communist Party. The Beginning of the Great Revival traces developments between the 1911 revolution that overthrew imperial rule and the establishment of the Chinese Communist Party on July 31, 1921. It is part of a series of events in China marking the anniversary. It features many of the Chinese film industry's biggest...
08:10 PM, Jun 08, 2011
The self-proclaimed doctor was arrested after his plea for anticipatory bail was rejected by the Supreme Court. ...
06:46 PM, May 12, 2010
The new Govt is busy preparing a 100-day economy revival plan. ...
09:52 PM, May 23, 2009
Finally, a break in the dry spell , the monsoon revival has brought cheer all around. ...
04:16 PM, Aug 08, 2008
Nagpur: The Event Technical Committee of the ICC on Sunday allowed the West Indies team management to replace injured Carlton Baugh and Adrian Barath with Kirk Edwards and Devon Thomas respectively in their World Cup squad. "The confirmation was conveyed to the West Indies Cricket Board on behalf of the committee," ICC said in a release. Any injury-based replacement requires a written submission to the event technical committee along with...
01:26 PM, Dec 19, 2007
Centre wants states to chip in 15 per cent of the revival package. ...
11:59 PM, Jul 16, 2007
The Allotment of 2010 World Cup to India would give a big boost to revive Indian hockey, expert Bob Davidzon says. ...
01:08 AM, Apr 25, 2007
The first session of the AP Legislative Council will conclude on April 10 after adopting the motion of thanks. ...
02:55 PM, Apr 02, 2007
The Government is planning to come out with a Rs 4,000-crore tea rejuvenation package to revive the industry. ...
12:52 PM, Oct 03, 2006
