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Defence Acquisition Council, headed by minister Nirmala Sitharaman, cleared purchases of advanced torpedo decoy systems, light machine guns, assault rifles and sniper rifles, including from the private sector → Read More
Defence ministry said that the demand that the government disclose the details and value of the contract for the Rafale aircraft contracted in 2016 is unrealistic → Read More
The government expects Air India to become a thriving major airline in the private sector and it would then use the new value created to offset some debt, said Sinha → Read More
Billionaire Richard Branson says his Virgin Atlantic won’t buy a stake in Air India after the Indian government allowed foreign airlines to invest in the state-owned carrier → Read More
The Union Budget 2018 focuses on the basic amenities needed for decent living, something that analysts have welcomed → Read More
Budget 2018 levies Rs8 per litre road and infrastructure cess to raise funds, state-owned firms to tap equity and bond markets for more resources → Read More
Govt proposes to spend Rs4,469.50 crore to buy two new Boeing 777-300 ER jets for VIP operations, including flying the Prime Minister on international state visits → Read More
Rajagopalan Raghavan as IndiGo’s senior vice-president for human resources will report to president Aditya Ghosh → Read More
IndiGo has already shown interest in Air India privatization, while the Tata group, which runs Vistara, has said it too would like to see the terms of the stake sale → Read More
New IndiGo COO Wolfgang Prock-Schauer, who brings 36 years of experience to InterGlobe Aviation, will be responsible for operational aspects of the airline → Read More
Aviation minister Ashok Gajapathi Raju says Air India is a debt trap → Read More
100 flights took off every hour in 2017, compared with 67 in 2011, shows aviation regulator DGCA’s data → Read More
Hiring the cheapest manpower and running the cheapest airline won’t ensure quality, says Rajiv Nayan Choubey, adding airline staffers should be trained to offer a high level of service → Read More
Under the so-called Make II category of the Defence Procurement Procedure, Indian companies, including start-ups, can now make suo motu proposals to the armed forces → Read More
Bureau of Civil Aviation Security to look into the possibility of sabotage in the Pawan Hans helicopter crash as there were reports of loss of control and an explosion in the chopper → Read More
Air India and Air India Express will be sold as one unit while its regional aviation arm, ground handling and engineering operations will be hived off separately → Read More
Substantial ownership, effective control of Air India will stay with Indian nationals → Read More
AirAsia India will appoint a banker and look at floating an IPO soon, says promoter Tony Fernandes → Read More
The move is intended to demonstrate that the Centre is going ahead with the privatization of Air India despite a parliamentary panel suggesting a five-year pause → Read More
Vistara’s CEO Leslie Thng says Tata Group and Singapore Airlines are open to evaluate bids for Air India and keep an open mind → Read More