Budget airline IndiGoNSE 0.80 % announced on Tuesday that it is partnering with Chimes Aviation Academy (CAA) to select and train “ab-initio” pilots as future junior first officers under the airline’s flagship training programme — Cadet Pilot Programme. The CAA-IndiGo Cadet Pilot Programme will cater to individuals with no previous flying experience, and who would […]
Day: December 26, 2019
Pay dues immediately, allows us to quit without notice period: Air India pilots
NEW DELHI : Flagging concerns over unpaid dues, an Air India pilots’ union has urged the government to allow their members to quit the debt-laden carrier without serving notice period. As the government works out the modalities for the sale of the national carrier, the Indian Commercial Pilots’ Association (ICPA) has also warned that they […]
Despite IBC changes, JSW may go slow on Bhushan Power and Steel buy
NEW DELHI : India’s second-largest private steelmaker, JSW Steel Ltd, may go slow on buying bankrupt Bhushan Power and Steel Ltd, despite the cabinet on Tuesday approving an ordinance to ring fence successful bidders from criminal proceedings for offences committed by previous promoters, three people with knowledge of the matter said, requesting anonymity. The cabinet’s […]
Cabinet approves signing of protocol to allow more airlines to operate between India and Switzerland
NEW DELHI: The Cabinet on Tuesday approved signing of the protocol to amend the air services agreement between India and Switzerland, which will allow more number of airlines to start flight operations between the two countries. “It will provide enabling environment for enhanced and seamless connectivity while providing commercial opportunities to the carriers of both […]
DGCA to inspect PW engines, which have been used for more than 3000 hours, of GoAir’s A320neo planes
NEW DELHI: Aviation regulator DGCA on Tuesday decided to inspect all Pratt and Whitney (PW) engines, which have been used for more than 3000 hours, of GoAir’s A320neo planes, an official said. The decision came after PW engine of a GoAir A320neo plane flying from Guwahati to Kolkata faced a mid-air snag on Monday. As […]
GoAir cancels 19 flights across destinations
MUMBAI: Wadia group-owned GoAir suspended some of its services for the second consecutive day on Tuesday as it cancelled 19 flights across destinations, leaving thousands of passengers stranded, a source said. The Mumbai-based airline had cancelled 21 flights on Monday, owning to non-availability of some of the aircraft and inadequate operating crew. The company had, […]
1.10 cr FASTags issued till date for electronic toll collection on national highways
The pan-India roll out of electronic toll collection on national highways (NHs) has resulted in issuance of 1.10 crore FASTags till date, as per NHAI. The National Highways Authority of India (NHAI) started electronic toll collection through RFID-based FASTags on its 523 toll plazas across the country from December 15 for seamless flow of traffic. […]
Cashless toll mop-up via FASTags nears 50 per cent mark
NEW DELHI: Electronic toll collection across national highways is nearing the 50 per cent mark, as the government steps up efforts towards cashless tolling. In July, the ministry of road transport and highways had directed the National Highways Authority of India (NHAI) to equip all toll lanes barring one across national highways with electronic toll […]
Yamuna Expressway case: CBI books former CEO P.C. Gupta, 20 others in ₹126-crore scam
New Delhi: The Central Bureau of Investigation (CBI) on Wednesday said that it has taken over the probe into the Yamuna Expressway scam for alleged irregularities worth ₹126 crore and named former CEO P.C. Gupta and 20 others in its FIR. A senior CBI official said that the central probe agency has registered the case […]
CPPIB leads race to buy Ashoka Concessions for Rs 5,500 crore
MUMBAI: Canada Pension Plan Investment Board has emerged the front runner to acquire toll roads developer Ashoka Concessions, and is likely to sign a deal at an enterprise value of Rs 5,500 crore, or $770 million, two people aware of the development said. Existing shareholders — a private equity fund jointly managed by Australia’s Macquarie […]
Dilip Buildcon bags Rs 1,362 crore road project in Uttar Pradesh
NEW DELHI: Dilip Buildcon Ltd on Tuesday said it has bagged a Rs 1,362.06 crore road project in Uttar Pradesh. In a regulatory filing the company said that it has executed an engineering, procurement and construction (EPCNSE -2.30 %) agreement on December 20, 2019 with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the […]
GoAir offers flight tickets from ₹899 in flash sale
Budget carrier GoAir is offering flight tickets starting at ₹899 in new sale. “It’s time to enjoy the New Year. Fly to your favourite destination or visit your loved ones. Book your tickets now with Super Saver fares starting at ₹899. Book now!” The airline mentioned on its site. Another airline IndiGo is running a […]