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Transportation

DGCA to audit air fares on 20 busy routes

Infrastructure

06 May, 2016

DGCA to audit air fares on 20 busy routes

Taking cognisance of an uproar in Parliament on 2 May by the Opposition over high air fares, the Directorate General ......

IFC Lends $6.5M To Food Supply Chain Snowman Logistics

Infrastructure

28 April, 2016

IFC Lends $6.5M To Food Supply Chain Snowman Logistics

International Finance Corporation (IFC) is lending $6.5 million to help the food supply chain company expand its cold storage facilities ......

Kingfisher Airlines' business model may have been wrong: Jaitley

Infrastructure

16 April, 2016

Kingfisher Airlines' business model may have been wrong: Jaitley

Questioning the "business model" of long-grounded Kingfisher Airlines for Vijay Mallya's mounting woes, Finance Minister Arun Jaitley has said the ......

GoJavas shuffles top deck; ex-ITC exec Amitabh Coomar is CEO

Infrastructure

07 April, 2016

GoJavas shuffles top deck; ex-ITC exec Amitabh Coomar is CEO

E-commerce focused logistics company GoJavas has appointed former ITC executive Amitabh Coomar as CEO.Coomar's appointment comes on the heels of ......

Seaways Shipping files for IPO; IDFC PE to exit

Infrastructure

29 March, 2016

Seaways Shipping files for IPO; IDFC PE to exit

Logistics service and solutions provider Seaways Shipping & Logistics Ltd has filed draft papers with the capital markets regulator Securities ......

GMR Infra to divest 51% stake in road project JV in Karnataka

Infrastructure

28 March, 2016

GMR Infra to divest 51% stake in road project JV in Karnataka

Engineering firm GMR Infrastructure Ltd has agreed to divest 51 per cent equity stake in its 99-km highway project GMR ......

Tatas to raise stake in AirAsia India to 49%

Infrastructure

28 March, 2016

Tatas to raise stake in AirAsia India to 49%

Tata Sons Ltd will increase its stake in AirAsia India in a deal that will lead to the exit of ......

Ambit Pragma PE sells stake in Spear Logistics in debut exit

Infrastructure

21 March, 2016

Ambit Pragma PE sells stake in Spear Logistics in debut exit

Mid-market private equity firm Ambit Pragma Ventures has sold its majority stake in Pune-based Spear Logistics Pvt Ltd to French ......

AirAsia India names Amar Abrol new CEO

Infrastructure

17 March, 2016

AirAsia India names Amar Abrol new CEO

Ending months of speculations, AirAsia India today said Amar Abrol will replace Mittu Chandilya as its CEO with effect from ......

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MRO firm Air Works to raise holdings in Acumen, Argus

Infrastructure

11 March, 2016

MRO firm Air Works to raise holdings in Acumen, Argus

Aviation maintenance, repair and overhaul (MRO) services provider Air Works India Engineering Pvt Ltd is looking to raise its holding ......