In the quarter ending 30 June 2016, traffic at the port increased by 80% to 4.4 million metric tonnes as against 2.4 million tons in the corresponding quarter of the previous year.
Jet Airways, India’s second biggest airline by market share, is in talks with cab aggregator Uber for clubbing its services with flights.
Travelling to and within Europe has become 10%+ cheaper post terror attacks, financial woes coupled with a lean travel season.
In March, the company had forecasted that demand from India would add up to orders for 1,740 planes over 20 years.
Founded in 2006, Yatra competes with the likes of Nasdaq-listed MakeMyTrip. com, Naspers-backed Ibibo Group, Cleartrip.com and online hotel aggregator OYO.
To be sure, India’s domestic air traffic grew at 18.8% in 2015, the fastest clip in the world, according to data from the International Air Transport Association (IATA).
The contract positions Mahindra Aerostructures as the first Indian company to receive a direct manufacturing contract from Airbus Helicopters as a Tier 1 supplier.
One of the persons said the talks are for about 70 A320neo planes. At list prices, the total value of the planes would be $7.5 billion.
Then USL was controlled by the UB Group. In July 2013, Mallya sold a controlling stake to Diageo, which later increased its holding to 55 per cent.
Curfew has been imposed in Srinagar after people took to street over the killing of a terrorist by security forces.
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