CBI files chargesheet against Paramount Airways, founder M ThiagarajanThe CBI had filed a case on May 6 2016 with the same allegations. Searches were conducted at several locations in Chennai/Madurai, the regi...
08 Jun, 2018, 07.39 AM IST
Serious Fraud initiates prosecution with Economic Offences Court against M ThiagarajanSources in the know said the Serious Fraud office had filed a petition with the Economic Offences Court in Chennai on Wednesday morning alo...
03 Nov, 2016, 06.13 PM IST
CBI lodges case against Paramount Airways, raids at 7 placesImmediately after registering a case, CBI sleuths swooped on seven locations and carried out searches at Chennai and Madurai.
05 May, 2016, 06.31 PM IST
- CBI raids Paramount Group office, residence of airline MD
CBI officials said the raids were conducted in connection with non-repayment of a large amount of bank loans, but refused to give details.
18 Jul, 2011, 02.12 PM IST
- Paramount to resume services next month
After being grounded for over three months, the Chennai-based business class airline Paramount will resume operations on its entire 19-stat...
11 Nov, 2010, 02.50 AM IST
- GoAir denies talks with Paramount
Wadia-group promoted budget air-carrier, GoAir, on Saturday refuted reports that the airline was in discussions with Tamil Nadu-based Param...
03 Oct, 2009, 09.02 PM IST
- Paramount signs $1.5 bn deal with Airbus
Paramount Airways has signed $ 1.5 Billion deal with Airbus to buy A321 aircrafts. Under the MoU, Paramount has agreed to buy 10 aircrafts ...
20 Jun, 2009, 04.40 AM IST
Paramount set to recruit 80 foreign pilots in a yearParamount decided to hire 80 foreign pilots over the next one year.
05 May, 2009, 03.07 AM IST
- Paramount to spend $1.3 bn on fleet
Madurai-based ‘allbusiness class’ airline Paramount Airways plans to pump $1.3 billion in fleet expansion over the next three to five years.
28 Apr, 2009, 11.28 AM IST
- Paramount Airways to buy back 5%
Coimbatore-based business-class airline, Paramount Airways, is in advanced stages of discussion to buy back a 5% stake held in the company.
26 Feb, 2009, 02.38 AM IST
- Paramount to enter North by year-end
Chennai-based Paramount Airways plans to become a national player by the end of 2009 by foraying into the northern region, says MD M Thiaga...
06 Jan, 2009, 02.13 AM IST
- Paramount connects Chennai, Ahmedabad
Paramount Airways, India’s first premium airline, launched its West India operations on Wednesday with daily flights between Chennai and Ah...
25 Sep, 2008, 12.44 AM IST
- No merger with any other airline, says Paramount
Paramount Airways on Thursday ruled out its merger with any other airline in India, saying they were a profit making organisation and were ...
13 Mar, 2008, 02.43 PM IST
- No merger with any other airline: Paramount
Paramount Airways ruled out its merger with any other airline in India, saying they were a profit making organisation and were looking at a...
13 Mar, 2008, 02.28 PM IST
- Paramount in acquisition mood post deal
After it's deal with Brazil's Embraer, Paramount wants to acquire another airline to boost its network.
06 Jun, 2007, 01.31 PM IST
- Paramount, Embraer plan MRO facility
Close on the heels of ordering 40 Embraer aircraft for a list price of $2 billion, Chennai-based Paramount Airways is now looking at settin...
06 Jun, 2007, 12.56 AM IST
- Paramount eyeing for stakes in other airlines
Paramount Airways aims at acquiring stakes in other airlines as part of its plans for a pan-India presence by 2011, according to its top of...
15 May, 2007, 11.10 AM IST