Inox Wind today said National Company Law Appellate Tribunal (NCLAT) has released the company from the rigour of law and allowed it to function independently through its board of directors with immediate effect. NCLAT has also directed National Company Law Tribunal (NCLT) to close the Corporate Insolvency Resolution Process (CIRP) initiated against the company, it […]
Day: July 31, 2017
Regional connectivity scheme to open new routes: Boeing
The regional connectivity scheme is going to allow new routes to be opened up in India, Boeing said today. “We expect RCS to allow new routes to be opened up, which will create a market of our Boeing 737, as airlines upgrade the aircraft on routes that opens up with regional connectivity,” said Dinesh Keskar, […]
Shell plans 400 job cuts at Dutch projects and technology department
Royal Dutch Shell Plc plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, as the oil giant shifts its business model in response to lower oil prices, according to an internal document seen by Reuters. The world’s second-largest oil company by market capitalisation said in […]
Boeing expects India to order up to 2,100 aircraft over 20 years
Boeing Co said on Monday it expects Indian airlines to order up to 2,100 new aircraft worth $290 billion over the next 20 years, calling it the highest-ever forecast for Asia’s third-largest economy. India is one of the world’s fastest-growing aviation markets with domestic passenger traffic growing at more than 20 percent a year over […]
Kishangarh Airport to be commissioned by August, says AAI
In yet another achievement for the Airports Authority of India (AAI), the Kishangarh airport in Rajasthan is likely to be operational by next month. AAI officials believe the new airport will cater to tourists who visit Ajmer on regular basis. Sudhir Raheja, Member (Planning) of the AAI, said, “Hostile to smile was the motto we […]