NEWS ON SERVICES
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May 20, 2022, Friday
Jet Airways gets certificate to resume commercial flight operations
The airline intends to recommence commercial operations in July-September quarter.
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May 20, 2022, Friday
SpiceJet flights stopped by Delhi ATC for non-payment of airport user fees
AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues
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May 18, 2022, Wednesday
Pieter Elbers: KLM veteran is the new pilot in IndiGo's management cockpit
Elbers' relatively young age and expertise in developing international hubs are some of the reasons why he was selected as CEO
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May 18, 2022, Wednesday
Top headlines: Elbers appointed as IndiGo CEO; GST hike likely on casinos
Business Standard brings you top news of the evening
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May 18, 2022, Wednesday
KLM veteran Pieter Elbers to replace Ronojoy Dutta as IndiGo CEO from Oct 1
Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines
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May 18, 2022, Wednesday
Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?
Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an ...
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May 18, 2022, Wednesday
Here's why Vinay Rajani suggests buying Chalet Hotels, UTI AMC
According to technical analyst from HDFC Securities, Chalet Hotels is trying to find support at 50 days EMA, whereas, UTI AMC has formed a ...
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May 17, 2022, Tuesday
Down nearly 8% at closing bell, LIC adds to poor listing scorecard of PSUs
Most large floats by the government have failed to create long-term wealth for investors
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May 17, 2022, Tuesday
After a surprise profit in Q3, IndiGo may report net loss in Q4: Analysts
IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs
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May 16, 2022, Monday
DGCA says IndiGo staff handled child boarding incident inappropriately
DGCA said it has issued a showcause notice to IndiGo after a fact-finding committee found the airline staff prima facie violated regulations in ...
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May 13, 2022, Friday
Jet Airways' proving flights scheduled to take place on May 15 and May 17
Proving flights are similar to commercial flights but with officials of the Directorate General of Civil Aviation (DGCA), executives and flight ...
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May 11, 2022, Wednesday
Chalet Hotels consolidated net loss narrows to Rs 11.45 crore in Q4
The company had posted a consolidated net loss of Rs 5.98 crore in the same quarter of the preceding fiscal
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May 09, 2022, Monday
IndiGo case raises issue of India's lack of law for cognitive disabilities
Experts say that while regulations are more pronounced on how to handle physical disabilities, they are silent on mental or cognitive ones
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May 08, 2022, Sunday
Home ministry grants clearance to Jet Airways after successful test flight
A letter sent by the civil aviation ministry to the airline on May 6 informed it about the grant of the security clearance by the Union home ...
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May 07, 2022, Saturday
Indian Hotels Company eyeing 18-20 openings this year, says CEO Chhatwal
Of the 18 launches that IHCL is eyeing, 7-10 would be under the Ginger brand
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May 07, 2022, Saturday
'Guest-first policy': For Prithvi Raj Singh 'Biki' Oberoi, quality tops
Biki has been the chief architect, designer and planner in every one of his hotels
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May 07, 2022, Saturday
'Maintain laser-like focus' to get certificate: Jet Airways CEO to staff
Jet Airways has not operated since April 17, 2019
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May 06, 2022, Friday
IndiGo to make behavioural test must for upgrade and promotion of pilots
Inclusion of BEI as part of upgrade and promotion comes in the backdrop of pilot unrest due to delay in restoration of pay cuts which were ...
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May 05, 2022, Thursday
Jet conducts test flight as consortium revives airline after 3 years
Following the insolvency resolution process under India's bankruptcy code, a consortium of UAE- based businessman Murari Lal Jalan and UK-based ...
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May 05, 2022, Thursday
SpiceJet hits 18-month low; stock down 23% thus far in 2022
The stock was quoting lower for the sixth straight day, down 6 per cent during this period.
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May 05, 2022, Thursday
EIH Chairman PRS Oberoi steps down, nephew Arjun Singh Oberoi takes over
The veteran hotelier is credited with making Oberoi a brand to reckon with steps down owing to ill health
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May 04, 2022, Wednesday
SpiceJet Boeing 737 Max returns to Chennai after mid-air emergency
A three-year-old 737 Max aircraft of SpiceJet en route to Durgapur from Chennai had to turn around after the crew shut down one engine after a ...
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May 04, 2022, Wednesday
IndiGo appoints Venkataramani Sumantran as the chairman of the Board
Sumantran currently serves as the chairman and managing director of Celeris Technologies, a strategic advisory firm
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April 29, 2022, Friday
Business segment recovery to drive growth for Indian Hotels Company
While growth metrics should improve as the leisure segment and business travel picks up, the company's March quarter performance was weaker than ...
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April 28, 2022, Thursday
IndiGo pilots under scanner for using expletives on radio during flight
The Indigo pilots were expressing unhappiness over the airline's delay in restoring the pre-Covid salaries and vented ire on 121.5 MHz
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April 28, 2022, Thursday
Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook
The management said business outlook is positive with April and May trending ahead of 2019.
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April 27, 2022, Wednesday
Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year
Firm reports consolidated revenue of Rs 872.08 crore during the quarter as against Rs 615.02 crore in the year-ago period
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April 26, 2022, Tuesday
Zee Learn stock tumbles over 18% after Yes Bank seeks insolvency
Private sector lender Yes Bank has moved NCLT seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing
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April 21, 2022, Thursday
Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa
Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday
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April 20, 2022, Wednesday
IndiGo ramps up hiring across roles in growth push, starts culture training
Inducts trainee pilots after gap of two years
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April 14, 2022, Thursday
Kalrock-Jalan consortium gets 2 months more to meet Jet revival plan terms
The National Company Law Tribunal gave more time to ensure the revival of the grounded airline.
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April 13, 2022, Wednesday
Simulator fault: DGCA asks SpiceJet to retrain 90 737 Max first officers
During a routine check, the DGCA surveillance team found that the stick shaker of the simulator was non-functional
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April 05, 2022, Tuesday
Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days
The management asserts that strong demand uptick will bolster the travel industry.
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April 04, 2022, Monday
IndiGo suspends 5 pilots for protesting pay cuts, may act against 15 more
A group of IndiGo pilots are trying to report sick on Tuesday protesting, delay of restoration of salary cuts
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April 01, 2022, Friday
Jet Airways revival: Banks back Kalrock-Jalan consortium's extension plea
NCLT to hear matter on Monday; consortium had said extension was necessary to stop company from sliding into liquidation
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March 31, 2022, Thursday
IndiGo partially restores salaries of pilots
In a letter to pilots, Ashim Mitra, senior vice president of operations announced an upward revision of 8 per cent in salaries of all pilots ...
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March 30, 2022, Wednesday
Tata Motors, Tata Elxsi, Tata Consumer: Strategies for Tata group stocks
Among the pack, Tata Motors seems to be a slow mover, as the stock may see an upside of 8 per cent on crossing the major hurdles.
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March 29, 2022, Tuesday
IndiGo names Gaurav Negi new CFO, expands role of strategy head
Negi takes over from Jiten Chopra who is leaving to pursue other interests; new incumbent is the third CFO at the airline in as many years
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March 25, 2022, Friday
Indian Hotels nears record high ahead of fixing of QIP price band
In the past three months, the stock has outperformed the market by surging nearly 30 per cent, as compared to 0.61 per cent rise in the S&P BSE ...
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March 24, 2022, Thursday
Analysts see more pain ahead for FMCG stocks amid rising input costs
Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude ...
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March 23, 2022, Wednesday
Tata group companies cut debt by selling shares, some biz portfolios
Group's net debt fell to Rs 2.04 trn in FY21 from Rs 2.6 trn a year ago; Debt of unlisted Tata Sons, the holding company, will go up this fiscal ...
