Daily Archives: May 3, 2018

CBI register case against Delhi based Aviation firm

The Central Bureau of Investigation (CBI) has registered a case of criminal conspiracy, cheating criminal misconduct against the Chief Security Officer of Delhi based Air One Aviation Pvt. Ltd, Prasun Roy, for misleading government officials to gain access to sensitive areas like airports, along with a case for dubious financial transactions. Apart from the firm,

IndiGo shares plunge to seven month low on dismal earnings

Shares of InterGlobe Aviation Ltd plunged nearly 20 per cent on Thursday to a seven-month low and wiped out Rs 101.13 billion ($1.52 billion) in market capitalisation after the owner of India’s biggest carrier IndiGo reported dismal quarterly earnings. InterGlobe reported a 73 per cent slump in its fourth-quarter profit after market hours on Wednesday,

NHAI to conduct Environmental Impact Assessment for Bengaluru-Chennai Expressway

CHENNAI: With the proposed Bengaluru-Chennai Expressway likely to have largescale ecological impact, across Tamil Nadu, Andhra Pradesh and Karnataka, the Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change has directed National Highways Authority of India (NHAI) to conduct a detailed Environmental Impact Assessment (EIA) study and prepare