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SOEC
Thermax inks pact with Ceres Power to provide green hydrogen solutionsThermax has partnered with Ceres Power to manufacture large-scale Solid Oxide Electrolysis Cells (SOEC) for green hydrogen production. This...- Akasa gets nod for Saudi, Kuwait & Qatar routes, will have to wait for DubaiAkasa must apply to be designated as an official Indian airline and seek approval from the respective countries before applying for airport...
- DPIIT notifies decision to permit NRIs to own up to 100% stake in Air IndiaIn its press note, the DPIIT said: "Foreign investments in Air India including that of foreign airlines shall not exceed 49 per cent either...
- Government working on proposal to allow 100 pc FDI in Air IndiaCurrently, FDI in Air India is capped at 49 per cent through the government approval route while 100 per cent FDI is permitted in scheduled...
- Air India sale: Entities can bid based on affiliates' financial strengthAs per the PIM, a bidder may also "qualify on the basis of net worth of its affiliate, provided such IB (Interested Bidder) itself has a po...
- Bids invited again for Air India sale, govt aims to seal deal by March-endThe government invited bids for a 100% stake in Air India, aiming to finalise a sale of the loss making national carrier by the end of Marc...
- Foreign carriers won’t get Air India’s pilot seatA relaxation would have meant that a foreign airline, along with an investment authority from its country of origin, could buy 100% in the ...
- Give ownership undertaking to fly abroad, govt to AirAsia IndiaUnder the SOEC clause, an airline must have its operational base in India and twothirds of its board members need to be Indian along with t...
- Centre open to 100% stake sale in Air IndiaThe government recently restarted the process to sell Air India after putting it on hold last year due to poor response.
- Budget 2019: FDI relaxation may help to find buyers for Air India, Jet AirwaysFM announced today that the govt may relax FDI norms for sectors like Aviation, Media and Single-brand retail.
- Qatar looking for codeshare with IndiGo, GoAirWhile GoAir has not partnered with any full service international airline yet, IndiGo has recently got into a codeshare partnership with Tu...
- Jet Airways' Goyal ‘taps’ NRI tycoon for investmentGoyal is also in talks with Abu Dhabi’s Etihad to get the latter to raise its stake in Jet from 24% to anywhere up to 49%.
- Cabinet approves 49% foreign investment in Air India under approval routeThe earlier FDI policy allowed foreign carriers to own 49 per cent in Indian carriers but had kept Air India out of it, which has been amen...
- Indian mindset for ownership of Air India; in theory all open: Ashok Gajapathi RajuThe current FDI policy does not permit foreign airlines to invest in Air India whereas they are allowed up to 49 per cent stake in domestic...
- Allowing 100 per cent FDI in airlines can issue threat to national security: FIABy India permitting 100 per cent FDI in scheduled airlines, the Indian government will have no visibility on where control lies, said FIA.
- Qatar Airways yet to approach govt on its India airline plansQatar Airways, which had announced its plans to set up an airline in India along with the Gulf nation's sovereign wealth fund over two mont...
- Air operator permit policy to be amended for new FDI normsAOP or flying licence is granted to a company only if its chairman and two-third Directors are Indian citizens and its substantial ownershi...
- Spicejet critical of proposed changes in cancellation chargesCMD Ajay Singh said that any increase in fuel prices, airport fee or levying of transaction charges only enhances an airline's cost.
- Air operator permit policy to be amended for new FDI normsUnder the current norms, AOP is granted to a company only if its chairman and two-third Directors are Indian citizens and its substantial o...
- Does 5/20 norm have any scientific meaning, wonders Civil Aviation Minister Ashok Gajapathi RajuAshok Gajapathi Raju's remarks also come at a time when his Ministry is in advanced stages of finalising the new civil aviation policy.
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