SpiceJet to strengthen management team as Shilpa Bhatia set to rejoin
Bhatia has been with SpiceJet as its chief of sales and revenue for few years before moving to IndiGo as its chief sales and revenue officer last year. She quit the firm this month. "We are expecting her to join in February" a person aware of the matter who did not wished to be named said, "There are likely to be some other shuffle too including reporting changes."
Stocks in the news: Coffee Day, UltraTech Cement, Sterling & Wilson, JSW Steel and SpiceJet
Punjab National Bank (PNB) has scrapped its plan to sell shares in its mortgage lending subsidiary PNB Housing Finance.
Sensex rises 100 points, Nifty stays above 12,100 level
OPENING BELL: Sensex rises 100 points, Nifty stays above 12,100 level; SpiceJet gains 3%, ITI drops 5%Sensex rises 100 points, Nifty stays a...
DGCA picks five consortiums to take its drone plan airborne
The move is part of DGCA's beyond visual line of sight (BVLOS) drone experiments.
Jet Airways, IndiGo, Spicejet slip as air passenger traffic growth tumbles in 2019
Domestic air passenger traffic in December 2019 increased by 2.56 per cent YoY to 1.30 cr.
Banking sector set for more pain, deratings likely: Hemang Jani, Sharekhan
In terms of the NPL cycle and loan growth, there is a huge disconnect between what is being reported by banks and what is generally being expected and that continues to be a major worry. Also, there is over-ownership across private banks as the weightage is still very high and most of the investors are hiding in very few banks.
Domestic air passenger traffic grows by just 3.74% in 2019 compared to 18.6% in 2018: DGCA
Commenting on the 2019 data, a senior official of the Directorate General of Civil Aviation said, "A bit disappointing. In 2019, we faced headwinds on account of Jet Airways but 2020 is going to be different and the double digit growth should be back sooner rather than later."
SpiceJet starts four new flights on its domestic network
Aurangabad, which SpiceJet added as its 53rd domestic destination last year, will be connected with Ahmedabad with a daily flight. The fight is effective from 15th February 2020. The airline will add an additional frequency on the Mumbai-Mangalore-Mumbai sector.
Share market update: Aviation stocks fly; Jet Airways climbs 5%
The 30 shares BSE Sensex was up 77.38 points at 41937.07.
Share market update: Aviation stocks fly; Jet Airways soars 5%
The 30 shares BSE Sensex was up 199.61 points at 41799.33.
Share market update: Aviation stocks takes off; SpiceJet soars 7%
The 30-share BSE Sensex was up 467.71 points at 41285.45.
Spice production has jumped in India, says PM Narendra Modi
PM Modi also said that South India has a large share in the production of pulses, oil and coarse grains. “Seed hubs have been built to promote pulses production in India, of which more than 30 centers are located in Karnataka, Andhra, Kerala, Tamil Nadu and Telangana itself,” he said.
View: How India can keep its airlines afloat
Kingfisher and Jet are symptomatic of a larger industry trend that is highly turbulent and uncertain.
Boeing executives called DGCA 'fools', 'stupid' during 737 Max plane's approval process in 2017: Documents
Boeing staffers used terms like "fools" & "stupid" for DGCA during Max's approval process, documents show.
Chinese phone companies may spice up premium space in 2020
Premium smartphones those priced over Rs 30,000 are expected to grow by 48% in 2020, according to Counterpoint Technology Market Research. With Oppo, Vivo and Realme entering the premium segment, consumers are set to have an abundance of choice, which will help expand the market at a faster pace than before, analysts said.
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