Bringing ATF under GST beneficial both to government as well as airlines: Jyotiraditya Scindia“Longer term it is much more efficient both from a taxation point of view and from an industry point of view to have ATF under GST because ...
Europe remains biggest importers of Russian energyIndia's daily requirement of crude oil is about five million barrels or about 1800 million barrels a year, ET has learnt. And it is a well ...
Akasa Air’s Vinay Dube on airline’s take-off plans"We are looking to get our first aircraft in the second half of April, and it won't be put into commercial service immediately. The first a...
We are not an ultra low-cost carrier: Akasa CEO Vinay DubeVinay Dube, Founder, Managing Director and CEO and the main mind behind Akasa, talks about its business model, future plans, market potenti...
IndiGo CEO Ronojoy Dutta worries about low cost space getting crowded in IndiaMany of the features of the low cost space such as having the maximum number of seats on airplanes are already being done by most carriers....
Former IndiGo boss Aditya Ghosh joins hands with Rakesh Jhunjhunwala; set to be Akasa co-founderThe airline venture, being planned as an ultra-low-cost carrier (ULCC), like Irish carrier Ryanair, is Ghosh's return to the aviation indus...
GoAir rebrands as Go First after 15 years of flyingThe Go First as ULCC (ultra-low-cost carrier) would operate single aircraft type across its fleet, which currently has both Airbus A320 and...
GoAir bets big on ultra-low-cost carrier model to consolidate market position"While the sector is facing temporary headwinds, we at GoAir believe that the airline is uniquely placed with its inherent ultra-low-cost s...
GoAir will emerge as very strong 2nd player to IndiGo: Ben Baldanza, vice-chairman, GoAirThe recent appointment of Ben Baldanza as vice-chairman of GoAir and the Wadia family, the promoters of the company, opting out from the da...
Jeh Wadia steps down as MD; Ben Baldanza appointed vice chairman amidst IPO buzzThe appointment of Ben Baldanza is a part of GoAir's long-term plans as it looks into the next phase of growth, the airline said in a relea...
How this Kerala cooperative in the infrastructure sector has become a role modelThe ULCCS employs over 12,000 people, saw revenue of Rs 1,100 cr in 18-19, and projects worth Rs 2,700 cr.
Co-operative society-run IT company to foray into US, EuropeKerala-based ULCCS is all set to export IT solutions to US and Europe eyeing a turnover of Rs 500 crore in five years.
Kerala's co-op society's IT park to be opened in DecemberA daily labourers' co-operative society founded by a social reformer of north Kerala nine decades ago is all set to turn a new chapter with...
Abhilash Kumar Y appointed CEO of Uralungal Labour Contract Co-operative Society groupAbhilash joined in Infosys in 1997 and has played important role in different areas including facilities management, infrastructure develop...
Airlines scoff at AirAsia's 35% low-fare profit claimThe new low-cost carrier's (LCC) claim of offering 35% lower fares — and still be profitable — has led to disbelief among existing players.
India will be a centre of frugal engineering in year 2012Low-cost, high-value engineering Bharat-style coupled with maturing R&D bases of multinational corporations will provide many answers to an...
- A labour co-op society in Kerala dreams up cyber park
2,000 member-strong society ULCCS now feels it is time to take a plunge into - what else in these times - developing a cyber park.