Page 50 - Deepak Patel

Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter

Singh and his family own 46.95 per cent stake in the airline as on March 31, 2023

Confused over UV definition, car companies await govt notification on cess

Some UVs which to date are paying 20% compensation cess under the old definition, will pay 22% once notification comes. But it isn't clear which UVs will be impacted

Auto component makers stepping up investments in green mobility business

In FY23, e-two-wheeler (E2W) penetration jumped to 4.5 per cent from 1.9 per cent in FY22, data released by the Federation of Automobile Dealers Associations shows

Glida plans to set up 3,000 EV charging points pan-India by March 2025

Firm currently has 450 charging points in 15 states, most of which are in Delhi NCR and Hyderabad; 1,000 charging points to come up by end of FY24

DGCA puts SpiceJet under 'enhanced surveillance' starting June 22

Enhanced surveillance generally includes an increased number of spot checks, especially during the night, the officials mentioned

Over Rs 19K crore capex lined up for adding airport capacity in FY24

The country has more than 140 airports

20 flights cancelled, 120 delayed at Delhi airport amid heavy rains

Torrential rains pounded several parts of north India on Sunday with 15 people killed in landslides and other rain-related incidents, while most rivers, including the Yamuna in Delhi, were in spate

Indian airlines' IT spend to be much higher than global average: SITA Asia

Between 2014 and 2023, the number of airports in India have increased from 74 to 148, as per the Union civil aviation ministry. This number is expected to go up to 220 by 2025

375 A321neo, 125 A320neo: Airbus reveals IndiGo's 500-plane order

The A320neo has a range of 6,300 kilometers, whereas the A321neo aircraft type has a range of up to 8,700 kilometers

CCI's queries on Vistara merger 'normal': Air India CEO Campbell Wilson

In February, Air India had placed the world's second largest single-tranche order for 470 planes - 250 with Airbus and 220 with Boeing

Delhi airport's 4th runway, elevated taxiway to be operational from July 13

The new facilities will reduce the time flights take to taxi, help in reducing emissions

Bajaj-Triumph, Hero-Harley entry shifts premium bike race into top gear

Royal Enfield is also the undisputed leader in the 250cc-350cc segment, virtually owning the market at a whopping 94 per cent share

Maruti Suzuki expects to double its revenues by FY31: CEO Takeuchi

Maruti had a consolidated turnover of Rs 90,074 crore in FY22.

SAMIL to acquire 81% stake in Honda Motor arm for Rs 1,059 crore

The Noida-based automotive (auto) parts maker said it expected this deal to close by the first quarter of 2024-25

Expect to grow at double speed of passenger vehicle industry in 2023: Kia

The South Korean carmaker on Tuesday unveiled the Seltos facelift. Seltos, an SUV, currently contributes 55 per cent to the company's overall domestic sales

Hero MotoCorp rides in with 'most affordable' Harley at Rs 2.3 lakh

Pawan Munjal, Executive Chairman, Hero MotoCorp, told reporters, "Right now, focus clearly is on Harley-Davidson X440 for Indian consumer and for the Indian market. We are going one step at a time"

Air India reports steepest on-time performance fall in June, shows data

Air India's OTP nosedived especially during June 11-15 when its average daily OTP fell below 50 per cent

All airlines post above 90% load factor for 2nd straight month: Govt data

Go First's suspension of flights from May 3 turns boon for other Indian carriers

Domestic PV sales see lukewarm growth of 1.9% due to strong base effect

Noting that the semiconductor chip supply was not up to the mark in the first quarter of 2023-24, Maruti Suzuki's official said that its availability is expected to be better in the second quarter

Need liberalised services agreement between UK and India: British Airways

British Airways currently operate 54 flights per week connecting Mumbai and Delhi with London