Jet Airways said on Monday that its non-executive and non-independent director Nasim Zaidi has quit the board stating personal reasons and time limitations. Nasim was
Code-sharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence.
The limitations prevailing in the Indian aviation industry due to the grounding of Jet Airways should prove temporary as carriers are looking to add about
Both the airlines stopped international operations and went all-domestic before suspending operations, though in Jet’s case that happened for less than a week, while Kingfisher flew within the country for some months.
It had last week announced the induction of 16 Boeing 737-800 NG aircraft on dry lease.
Jet needs an urgent cash infusion to survive. Its CEO Vinay Dube appealed to banks during the weekend for additional loans of Rs 1,000 crore.
The company already connects Mumbai with a non-stop flight to Dubai and recently announced a new daily direct flight to Bangkok.
According to the conditions in the bidding document, an investor needs to have a net worth of Rs 1,000 crore and allotted funds of Rs 1,000 crore more to invest in Jet.
Jet Airways’ Employees, Ground Staff Gather At Headquarters To Enquire On Unpaid Salary, Job Security
The members have been asked to gather at 1:30 p.m by the All India Jet Airways Officers & Staff Association
Lenders have initiated the bidding process as Jet was unable to honour its debt obligations.
The pledging of Goyal’s remaining shares are critical to the plan by the banks to sell a controlling stake in the airline to a new investor.
As per the guidelines, government entities and sovereign wealth funds will be able to place a bid straightaway and are exempt from the expression of interest stage.
Acute financial crunch has forced the airline to ground aircraft, cancel flights and delay payment of salaries, including to pilots.
Oyo is currently doing a pilot of its first cloud kitchen under the Adrak brand.
Ola, owned by ANI Technologies Pvt, raised $300 million from Hyundai Motor Group in March, giving the ride-hailing startup a valuation of about $6 billion.
Skullcandy, Inc., the original lifestyle audio brand, introduces the latest addition to their truly wireless line up, Indy, earbuds for consumers who want to experience
Redmi 7A includes a 4,000mAh battery with 10W charging support, P2i splash resistant coating, 3.5mm audio jack, and a Micro-USB port.
Beyond the elections, the focus shifts to fundamental issues such as consumption slowdown, unemployment, the liquidity crisis and the country’s fiscal position.
The finance ministry and other departments have already prepared measures aimed at stimulating the economy that need to be taken by the new government.
The slide came after the U.S. Energy Information Administration reported that crude inventories had unexpectedly risen by 4.74 million barrels last week, compared with the forecasted 600,000 barrel decline.
The domestic fuel prices vary from state to state, and are determined broadly by the global crude oil and rupee-dollar forex rates.
The Congress- JD(S) coalition saw a defeat in the national elections, putting the newly formed alliance in exit mode in the state. The two barely
Mr Sarma, 50, was for years a top aide of former Assam chief minister Tarun Gogoi of the Congress.
The 2019 campaign had been one of the most bitter ones fought by the four-time CM, with the BJP accusing him of being insecure and inefficient, and of personal corruption.
According to a report, the actor was threatened by Naxalites.
The NCP, along with other opposition parties, had repeatedly raised concerns over the possibility of EVM tampering.
In the 2014 Lok Sabha elections, Rahul Gandhi of INC won in this seat by defeating the BJP candidate by a margin of 1,07,903.
Oppo claims that the K3 has been certified by Germany’s TUV Rheinland for eye protection.