Page 15 - Arindam Majumder

Honda bets big on recovery of rural demand, upcoming festive season

Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times

Delhi's second airport project takes off, phase-1 to be completed by 2024

Zurich airport will invest Rs 4,666 crore in the first phase of the project

Jewar airport is about creating a whole new market: Christoph Schnellmann

Outlining the plan for the new airport, Schnellmann tells Arindam Majumder that he is confident the growth of air traffic in India will soon be back on track

Tatas to give wings to crisis-hit AirAsia India, invest Rs 300 cr via OCDs

To pump money in airline as joint venture partner stops funding

SpiceJet to fly non-stop to London from Delhi, Mumbai from December 4

SpiceJet is starting its long-haul flights at a time when the aviation industry has been hit hard by the coronavirus crisis.

Air ticket refund, international flights in Unlock 5: Key updates to know

Listen to the Podcast to know about Supreme Court's order on refund of tickets, travel bans, options for Indians who want to fly abroad and more

Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

Dubai bans Air India Express for 15 days for carrying Covid positive flyer

In August, Hong Kong had banned Air India for two weeks for a similar lapse

Covid-19 impact: AAI likely to slip into red for first time in FY21

However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21

No easing GST rate, automakers should cut royalty payments: FinMin sources

They say companies should cut royalty payments to parents abroad instead of asking GST cut to tide over Covid crisis

Caught in Covid air pocket, SpiceJet posts Rs 593-crore pre-tax loss in Q1

Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period

Govt planning to absorb large portion of Air India's debt to woo buyers

Airline has Rs 23,286-cr debt; GoM likely to take a decision on the proposal in two weeks

Motherson Sumi upsizes NCD issue to Rs 2,130 cr on overwhelming demand

The issue was the joint widest distributed debt issuance by an Indian private sector corporate in the current fiscal

Auto sales rebound in August after nine months due to pent-up demand

Two-wheeler sales increased by 3 per cent to 1,559,665 units, while passenger cars grew 14 per cent YoY to 124,715 units

Covid-19 impact: IndiGo may shelve approved QIP plan if air travel picks up

QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or any securities, other than warrants that are convertible into equity shares

SC directive is a big relief for stressed firms with cash flow issues

Cash flows of airlines, hotels, SSIs yet to recover

Adani to integrate smaller airports with Mumbai, play hub-and-spoke game

Gautam Adani says the company will bid for upcoming second airports built across cities

Government allows airlines to increase capacity upto 60% of total capacity

Indian airlines resumed their domestic operations from 25 May after being grounded for two months due to the lockdown to contain Covid-19 pandemic

Adani Group acquires 74 per cent stake in Mumbai International Airport

The deal has been finalised even though a consortium of foreign investors which had earlier signed a binding agreement with GVK group for buying the asset has legally challenged it

Govt allows airlines to resume on-board meals using disposable trays

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus