Amidst the political heat over the Sabarimala issue, another tussle is brewing between the left and the right of the political spectrum with the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government testing the disdain of the Communist Party of India (Marxist) towards...

Markets watchdog SEBI on Thursday said it has not received any reference on relaxation in rules regarding Jet Airways. The regulator’s statement comes amid reports that relaxations have been sought by Gulf carrier Etihad for infusing additional funds into crisis-hit Jet Airways, which is...

Ronojoy Dutta, popularly known as Rono Dutta, returns to the Indian aviation scene after a gap of over a decade to take over as IndiGo’s Chief Executive Officer. IndiGo also appointed M Damodaran as an Independent Non-Executive Director of the airline on Thursday. Dutta...

State-run warship builder, Mazagon Dock Shipbuilders Ltd, will lease the workshop land and Clarke Basin area at the adjacent Mumbai Port Trust, on a long-term lease of 29 years to expand capacity. The deal will fetch the cash-strapped Mumbai Port Trust ₹937.36 crore as...

Maharashtra government is keen on buying the iconic Air India building in south Mumbai, a senior official said on Wednesday. The 23-storey tower on Marine Drive in Nariman Point area was the national carrier’s headquarters till 2013 when it was vacated as part of...

Jet Airways on Wednesday said that it is discussing a comprehensive resolution plan with its lenders in a bid to put the ailing airlines back on track. “The said resolution plan, inter alia, contemplates various options on the debt-equity mix, proportion of equity infusion...

ICRA rating agency expects the toll collections to witness a high single-digit growth in FY19, followed by a double-digit growth in FY20, due to the strong growth in sales of medium and heavy commercial vehicles and the increase in Wholesale Price Index (WPI). In...

The government is spending more than Rs 20,000 crore to rectify accident prone black spots on roads across the country in order to reduce fatalities in such incidents, Union Minister Nitin Gadkari said on Friday. Speaking here at the launch of a research report...

Commerce and Industry Minister Suresh Prabhu on Friday pitched for developing special lanes for cyclists in cities, saying use of bicycles has multiple benefits for environment and health. “In city planning, there is a need to focus on cyclists. We must have special lanes...

As a part of its ongoing expansion project, GMR-led Rajiv Gandhi International Airport here has commissioned 26 new parking stands. These have come up towards the east of the passenger terminal building. With the addition of these stands, the airport now has 83 parking...