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Arindam Majumder

Arindam Majumder

Page 20 - Arindam Majumder

After festive cheer, passenger vehicle sales hit the slow lane in November

Domestic passenger vehicle sales fell 0.84 per cent year-on-year (YoY) to 264,000 units in November, according to the data released by industry body Society of Indian Automobile Manufacturers

After festive cheer, passenger vehicle sales hit the slow lane in November
Updated On : 10 Dec 2019 | 9:56 PM IST

DGCA tells IndiGo to replace unmodified P&W engines in Neo aircraft

People in the know said the move would impact around 110 engines, virtually putting a spanner on the expansion plans of IndiGo - counted among the fastest growing airlines in the world

DGCA tells IndiGo to replace unmodified P&W engines in Neo aircraft
Updated On : 26 Nov 2019 | 1:58 AM IST

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO
Updated On : 20 Nov 2019 | 10:39 PM IST

We take 50 planes a year, but I still think we need more: IndiGo CEO

'Our plans for the A321 XLR are similar to our current single-aisle, all economy', said Ronojoy Dutta

We take 50 planes a year, but I still think we need more: IndiGo CEO
Updated On : 15 Nov 2019 | 1:15 AM IST

Govt's clean diktat to airlines: Promote Swachh Bharat, get flying rights

This is part of Swachh Bharat Pakhwada - a 15-day drive organised by all government ministries to promote cleanliness and sanitation

Govt's clean diktat to airlines: Promote Swachh Bharat, get flying rights
Updated On : 14 Nov 2019 | 2:02 AM IST

SpiceJet reports Rs 462-crore loss in Sep quarter on higher costs

The numbers could havebeen worse, if the Rs 171-crore compensation from aircraft manufacturer Boeing wasn't accounted for - a component that was contested by the airline's auditor

SpiceJet reports Rs 462-crore loss in Sep quarter on higher costs
Updated On : 14 Nov 2019 | 12:49 AM IST

Air India stake sale: EoI for bidders to be issued in first week of January

Significant interest among large companies to acquire the airline

Air India stake sale: EoI for bidders to be issued in first week of January
Updated On : 09 Nov 2019 | 1:56 AM IST

Qatar Air interested in buying stake in IndiGo, not Air India, says CEO

"No! We are not interested in Air India," Akbar Al-Baker, CEO of Qatar Airways, replied to a question on the airline's interest in Air India

Qatar Air interested in buying stake in IndiGo, not Air India, says CEO
Updated On : 07 Nov 2019 | 10:08 PM IST

AirAsia India appoints Titan's Vikas Agarwal as chief financial officer

Mahendra, who was appointed in February 2017 for a two-year period, had extended his term by five months.

AirAsia India appoints Titan's Vikas Agarwal as chief financial officer
Updated On : 07 Nov 2019 | 2:37 AM IST

Boeing starts negotiations with DGCA for return of the grounded 737 Max

DGCA wants additional training for pilots for 737 Max which may dent the cost benefit of the aircraft

Boeing starts negotiations with DGCA for return of the grounded 737 Max
Updated On : 06 Nov 2019 | 10:50 PM IST

Some festive boost for automobile sector, but the cheer is missing

Car sales decline due to increase in retail sales in festive season, Maruti sales rebound to growth

Some festive boost for automobile sector, but the cheer is missing
Updated On : 02 Nov 2019 | 2:20 AM IST

Adani, GMR Infra, Fairfax in race to build international airport in Jewar

GMR has right of first refusal if its bid is equal to or less than 10% of the highest

Adani, GMR Infra, Fairfax in race to build international airport in Jewar
Updated On : 31 Oct 2019 | 9:58 PM IST

Tata consortium to tweak investment in GMR airports, reduce stake by 5%

The Tata Group's effective shareholding will now be 15 per cent in GMR Airports, translating into a shareholding of approximately 10 per cent in DIAL, said sources in the know

Tata consortium to tweak investment in GMR airports, reduce stake by 5%
Updated On : 30 Oct 2019 | 3:05 AM IST

Airbus bags $33-billion IndiGo order for 300 A320neo family aircraft

The Airbus A321 XLR jet will also help IndiGo widen its international footprint.

Airbus bags $33-billion IndiGo order for 300 A320neo family aircraft
Updated On : 30 Oct 2019 | 1:16 AM IST

Indian airlines to slip into loss in Q2 on jet fuel cost, weakening rupee

While fuel cost is the single largest cost head for airlines, a weaker rupee means higher maintenance outgo, increased lease and interest costs on foreign currency loans

Indian airlines to slip into loss in Q2 on jet fuel cost, weakening rupee
Updated On : 24 Oct 2019 | 2:12 AM IST

India's 'go slow' on Turkey, Malaysia ties likely to affect IndiGo, AirAsia

Turkish Airline has a code-share pact with IndiGo, AirAsia owns 49% in AirAsia India

India's 'go slow' on Turkey, Malaysia ties likely to affect IndiGo, AirAsia
Updated On : 22 Oct 2019 | 2:40 AM IST

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt

This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed disinvestment process

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt
Updated On : 15 Oct 2019 | 11:00 PM IST

Car sales continue to slide in Sept despite heavy discounts and offers

Industry executives were optimistic about buyer enquiries, which have picked up, translating into sales as Diwali draws closer

Car sales continue to slide in Sept despite heavy discounts and offers
Updated On : 02 Oct 2019 | 1:25 AM IST

Maruti rides on Rs 3.69 lakh S-Presso to beat slowdown, repeat Alto magic

S-Presso is the company's first launch in the entry level segment after 2010

Maruti rides on Rs 3.69 lakh S-Presso to beat slowdown, repeat Alto magic
Updated On : 01 Oct 2019 | 2:06 AM IST

Strong winds force IndiGo to cut seating capacity on Delhi-Istanbul route

The carrier is blocking 29 out of 185 seats in its A320 planes, and 49 out of 222 seats in the A321 models

Strong winds force IndiGo to cut seating capacity on Delhi-Istanbul route
Updated On : 21 Sep 2019 | 1:01 AM IST