Jet Airways has defaulted payment of interest to its debenture holders even as lessors grounded four more aircraft of the airline. On Monday, in a filing on BSE, the debt-strapped airline said that it had interest payment due on March 19 towards the debenture...

The Jammu & Kashmir Governor administration has approved the appointment of ‘Metro Man’ E Sreedharan as the Principal Adviser to two Mass Rapid Transit System (MRTS) projects to be built in Jammu and Srinagar, an official said on Sunday. Sreedharan, a retired IES (IRSE)...

The government will discuss with aviation regulator DGCA on action that needs to be taken regarding Boeing 737 MAX planes being operated in India following the crash of the aircraft in Ethiopia that killed 157 people, a senior official said Monday. This is for...

These are worrying hours for Boeing Co and tragic ones for 157 families. The second crash of a 737 Max jet in five months raises inevitable questions about the safety of the US manufacturers flagship single-aisle aircraft, even though its still not known what...

How many bikes can be loaded atop each truck while transportation has emerged a contentious issue that is splitting the auto makers and vehicle carriers. In a recently held internal meeting of the Road Transport Ministry, companies in the business of carrying two-wheelers have...

Beleaguered Jet Airways’ Chairman Naresh Goyal has agreed to step down as the lenders gear up to acquire majority stake in the airline under a bailout plan, a source said on Thursday. When contacted, Jet Airways Vice-President for Corporate Affairs and Public Relations Ragini...

The closure of Pakistan air space resulted in 12 flights arriving at and departing from Delhi being cancelled on Thursday. The flights affected by the closure of Pakistan air space included the SpiceJet flight from and to Kabul and the Fin Air flight. Pakistan...

Thomas Cook India Group said on Monday it has acquired a 51 per cent stake in Digiphoto Entertainment Imaging (DEI), an imaging solutions and services provider, at an enterprise value of ₹289 crore. “The transaction is subject to regulatory approvals and customary closing conditions,”...

Gautam Adani’s infrastructure conglomerate Adani Group has entered the airports business by emerging the highest bidder for five of the six non-metro airports being privatised by the National Democratic Alliance (NDA) government. Adani Enterprises Ltd bid aggressively to claim the top slot for the...

Budget carrier IndiGo will be looking at starting services to China, Vietnam, Myanmar and Saudi Arabia, among other countries, as the airline embarks on expanding its international network, according to a communication. In a communication to employees on Monday, IndiGo’s CEO Ronojoy Dutta said...