Last month, Camas announced an investment of Rs 1,000 crore in Jaipur-based AU Small Finance Bank.
On the flipside, the fares will hurt margins for airlines at a time when jet fuel prices are inching up. Airline executives have complained consistently about growing pressure on yields.
The overall scope of partnership is a combination of contract logistics, last-mile distribution and reverse logistics.
Revenue share payable to the goverenment of Andhra Pradesh under the bid is 2.7% of gross revenue for a period of 30 years.
A statement said APSEZ plans to transform Kattupalli into a multi commodity port to handle cargoes like containers, automobiles, break bulk, general cargo, liquid cargo and project cargo.
Jet Airways India Ltd, the country's leading full service carrier, said its new Boeing 737 MAX 8 aircraft will help the airline enhance operational reliability and reduce costs.
Jain’s resignation comes a month after the airline’s CEO Amar Abrol stepped down, even as the airline remains in controversy with a CBI investigation against Tony Fernandes.
Kumar, who has been associated with the no-frills carrier for the last 12 years, has put in his papers to pursue other career interests, IndiGo said in a release.
The departure timings of at least 25 flights were affected as a software malfunction caused delays and disrupted operations of the national carrier.
CBI is probing AirAsia and other officials for allegedly trying to manipulate govt policies through corrupt means to get international licence for AirAsia India.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon