NEW DELHI: Budget airline IndiGoNSE -0.26 % and full-service carrier Vistara on Monday announced sale
Category: The Economic Times
Economictimes
IndiGo operations to stabilise from today, no planned cancellations
After three days of disruptions with operations due to shortage of pilots, IndiGoNSE -0.26 % on Monday said that operations will be stabilised from Tuesday and there will be no planned cancellations.
Mallya loan fraud case: Air Deccan founder GR Gopinath under lens
NEW DELHI: GR Gopinath, founder of Deccan Aviation Ltd (DAL), is under the scanner of investigative agencies for his alleged role in the debt default by fugitive economic offender Vijay Mallya-founded Kingfisher Airlines, said people with knowledge of the matter. They are examining Gopinath’s part in signing the “instruments” through which the “diversion” of loans […]
SpiceJet net plunges 77% on higher costs
Low-cost carrier SpiceJet on Monday reported a net profit of Rs 55.1 crore for the third quarter ending December 31, 2018. It is the second airline after IndiGoNSE -0.26 %, which had also reported a profit during the third quarter
5 investors may join Brookfield for East West buy
MUMBAI: A set of marquee asset management companies, family offices, banks and insurers are said to be interested in participating in the Brookfield-led infrastructure investment trust (InvIT) that is buying the lossmaking East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure Ltd, for an enterprise
UAE keen to invest in refining, petrochemical projects, store oil in India
Betting big on rising oil demand in the world’s third largest energy consumer, oil-rich UAE Monday said it is looking at investing more in refining and petrochemical projects as well as stocking
Venezuela oil czar courts India after $20 billion hit from US
Venezuela’s oil minister made a surprise appearance at an energy event in India, as the embattled OPEC producer seeks closer ties with major crude customers in the face of crippling
NTPC issues electricity regulation notice to J&K discoms
NEW DELHI: Country’s largest power generator NTPCNSE 1.30 % will regulate power supply to Jammu & Kashmir for not clearing Rs 1,985 crore dues. The company has asked to state to clear the pending dues or face blackout.
Big energy deals likely during Prince Salman’s visit
India and Saudi Arabia are expected to sign mega deals in energy and infrastructure to put meat in strategic partnership when the Gulf kingdom’s Crown Prince, Mohammed bin Salman
Oil prices fall on rising US rig count, Illinois refinery fire
SINGAPORE- OilNSE -0.47 % prices fell by more than 1 per cent on Monday as US drilling activity picked up and as a refinery fire in the US state of Illinois resulted in the shutdown of a large crude distillation unit.
Crude oil prices on a slippery slope
Last week, the crude oil was stuck in a constricted trading range, with futures ending marginally higher, but suffering a weekly loss of close to 5 per cent.
23 blocks on offer in third round of bidding for Open Acreage Licensing Policy
India has offered 23 hydrocarbon blocks in the third exploration bidding round of the Open Acreage Licensing Policy (OALP).