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Draft civil aviation policy likely by September

Infrastructure

19 August, 2015

Draft civil aviation policy likely by September

The government expects to finalise the revised draft civil aviation policy by the first week of September, a senior official ......

Govt puts off plans to privatise four airports

Infrastructure

21 August, 2015

Govt puts off plans to privatise four airports

Reversing its earlier plan, the government has decided to scrap the proposal to privatise Chennai, Kolkata, Jaipur and Ahmedabad airports.Now, ......

IndiGo seals record 250 aircraft order worth over $25B with Airbus

Infrastructure

17 August, 2015

IndiGo seals record 250 aircraft order worth over $25B with Airbus

In the largest aircraft acquisition, Indian carrier IndiGo today firmed up an order to purchase 250 narrow-body A320 Neo (new ......

Tata Sons raises stake in AirAsia India

Infrastructure

14 August, 2015

Tata Sons raises stake in AirAsia India

Tata Sons, the holding firm of the diversified business conglomerate Tata Group, has increase its equity stake in the low-fare ......

Jet Airways back in profit in Q1 helped by low fuel cost, revenues up 11%

Infrastructure

14 August, 2015

Jet Airways back in profit in Q1 helped by low fuel cost, revenues up 11%

Jet Airways today reported a consolidated net profit of Rs 226.4 crore for the first quarter ended June 30, helped ......

Last mile logistics startup LetsTransport raises $1.3M from Rebright Partners, others

Infrastructure

04 August, 2015

Last mile logistics startup LetsTransport raises $1.3M from Rebright Partners, others

LetsTransport.in, a marketplace that connects users with last-mile logistics service providers for intra-city deliveries, has raised $1.3 million in a ......

IL&FS Transportation to seek nod to raise up to $160M

Infrastructure

04 August, 2015

IL&FS Transportation to seek nod to raise up to $160M

IL&FS Transportation Networks Ltd today said it plans to raise up to Rs 1,000 crore to augment its long-term resources ......

Onida co-promoter invests $500K in logistics solutions startup Wow Express

Infrastructure

28 July, 2015

Onida co-promoter invests $500K in logistics solutions startup Wow Express

Tamarind Family Private Trust, the family owned investment trust of the Mansukhani Family, which is a co-promoter of consumer electronics ......

E-commerce firms boost postal department revenues

Infrastructure

29 July, 2015

E-commerce firms boost postal department revenues

With e-commerce platforms increasingly turning to the Indian Posts to deliver their orders to customers, the fast flourishing e-retail business ......

SpiceJet logs another profitable quarter

Infrastructure

28 July, 2015

SpiceJet logs another profitable quarter

SpiceJet today posted its second straight quarterly profit at Rs 71.8 crore in the three months ended June, helped by ......