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Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Infrastructure

24 October, 2013

Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Singapore Airlines has won the Foreign Investment Promotion Board's approval to set up a full-service airline in the country in ......

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Infrastructure

23 October, 2013

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Jet Airways, in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers ......

Etihad gets cabinet clearance for Jet Airways deal

Infrastructure

04 October, 2013

Etihad gets cabinet clearance for Jet Airways deal

The Cabinet Committee on Economic Affairs (CCEA) has given its green signal to Abu Dhabi-based Etihad Airways to buy 24 ......

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Logistics startup Delhivery raises close to $5M in Series B from Nexus Venture Partners

Infrastructure

30 September, 2013

Logistics startup Delhivery raises close to $5M in Series B from Nexus Venture Partners

Gurgaon-based logistics company SSN Logistics Pvt Ltd, which runs the web platform Delhivery.com, has raised its Series B round of ......

Allcargo acquires US-based logistics firm Econocaribe Consolidators

Infrastructure

27 September, 2013

Allcargo acquires US-based logistics firm Econocaribe Consolidators

Allcargo Logistics Ltd, through its step-down wholly-owned subsidiary Ecuhold NV, has acquired US-based logistics firm Econocaribe Consolidators for an undisclosed ......

AirAsia gets green signal from civil aviation ministry

Infrastructure

26 September, 2013

AirAsia gets green signal from civil aviation ministry

Malaysian budget carrier AirAsia, which has formed a joint venture with Tata Group and another local business partner Arun Bhatia, ......

Kingfisher Airlines in talks to rope in foreign investor

Infrastructure

24 September, 2013

Kingfisher Airlines in talks to rope in foreign investor

Kingfisher Airlines Ltd, which was forced to halt its airlines operations a year ago due to debt and defaults on ......

Tata Sons to form JV with Singapore Airlines to launch carrier

Infrastructure

23 September, 2013

Tata Sons to form JV with Singapore Airlines to launch carrier

Tata Sons, the holding arm of the diversified business conglomerate, is forming a joint venture with Singapore Airlines Ltd (SIA) ......

IL&FS Transportation Networks to raise up to $87M through rights issue

Infrastructure

17 September, 2013

IL&FS Transportation Networks to raise up to $87M through rights issue

Mumbai-based IL&FS Transportation Networks Ltd (ITNL), a transportation infrastructure company, is planning to raise up to Rs 550 crore ($87.4 ......

French conglomerate Bollore picks 49% in ABG Container Handling for $7.5M

Infrastructure

10 September, 2013

French conglomerate Bollore picks 49% in ABG Container Handling for $7.5M

Bollore Africa Logistics, an arm of French conglomerate Bollore, has picked 49 per cent stake in ABG Container Handling Pvt ......