Taxman orders special audit of Jet Airways
The central agency has also gathered details of the offshore entities with which Jet and its group companies entered into lease and maintenance and general sales agreements, on the basis of information shared by the Egmont Group.
Asian stocks arrest slide but investors on edge over China virus
MSCI's broadest index of Asia-Pacific shares outside Japan spent the morning...
Iran confirms two missiles fired at Ukraine airliner
"Investigators... discovered that two Tor-M1 missiles... were fired at the aircraft," it...
Market Movers: Damani boost to Spencer's, RJ cuts stake in Escorts; airline stocks slip
The broader market performed better, as smallcaps ended flat.
Nikkei slumps on China virus fears; airlines slide, mask makers rally
The broader Topix lost 0.53 per cent to 1,734.97.
Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: Sources
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, people with knowledge of the matter said.
Wall Street rally pauses amid China virus outbreak, growth fears
The S&P index recorded 66 new 52-week highs and no new lows, while the Nasdaq recorded 86 new highs and 15 new lows.
Coronavirus: Thermal screening of passengers flying in from China at 7 airports
The Civil Aviation Ministry has directed seven airports including Delhi, Mumbai, Chennai and Kolkata to make arrangements for screening of passengers arriving from China in the wake of outbreak of an infection caused by a new strain of virus there.
Sanjay Kumar joins IndiGo as Chief Strategy and Revenue Officer
AirAsia India's former Chief Operating Officer Sanjay Kumar has joined IndiGo as its Chief Strategy and Revenue Officer, a source said on Tuesday.
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.
Proposed cut in duty-free liquor, cigarettes to cause Rs 650 cr/year loss to airports: Industry body
Indian airports are likely to incur a revenue loss of Rs 650 crore per annum if the reported recommendations of the Commerce Ministry on duty-free sales are put in place, private airports operators body APAO said on Tuesday.
Australia shares halt 5-session winning run as investors lock in gains
The S&P/ASX 200 index finished about 0.2 per cent lower at 7,066.30.
Domestic passengers hit record 144 million in 2019; grow in single digit
Jet Airways was the second largest domestic carrier till its grounding in April 2019 and other airlines brought in capacity to fill in for flights and slots vacated by the Mumbai-based carrier.
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."
Sensex drops 200 points, Nifty below 12,200 as IMF cuts India's growth forecast
The IMF on Monday lowered India's economic growth estimates for the current fiscal to 4.8%.
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