The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.

Ride-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, Thursday said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service.

Airlines around the world do not have to pay taxes on oil and therefore are emerging stronger

Jayant Sinha compared the per kilometer cost of air tickets with the average fares of auto-rickshaws in cities.

The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York. Following the incident, junior Aviation Minister Jayant Sinha had directed Air India to follow up the matter immediately and report back to the Ministry and aviation regulator DGCA.

The airline is staying afloat on a bailout package extended by the previous UPA regime in 2012. The national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017.

On July 26, Minister of State for Civil Aviation Jayant Sinha told the Lok Sabha that there was a short delay in the payment of salaries for May and that the same was paid subsequently.

Apart from the banks, San Francisco-based Wells Fargo Trust Services and the United Arab Emirates' state-run Dubai Aerospace Enterprise have also sent notice to the national carrier.

Last year, IndiGo faced massive technical glitches in its Pratt & Whitney engines. In the 2017 June quarter, IndiGo had grounded nine A320 neo planes due to engine issues. The grounding had also resulted in IndiGo cancelling 84 flights on that particular day.

The Federal Aviation Administration of the USA conducted the audit between July 16 and July 20 in areas covering aircraft operations, airworthiness and licensing of pilots and technical staff.

Govt to withdraw FRDI Bill in current Parliament session; Air India disinvestment is not possible due to high oil prices and forex conditions, says Jayant Sinha and global cyrptocurrency valuation went up by over $20 billion as the world's most popular crypto Bitcoin saw its price surge from $6900 to $8000 within 30 minutes. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

So far, 30 state governments/Union Territories have signed MoUs with the Civil Aviation Ministry for participating in UDAN and providing various concessions to the airline operators. 

Amid fund crunch, Air India borrowed Rs 6,250 crore from various banks between September last year and January this year for working capital requirements and other needs.

The proposal has got in-principle approval from Prime Minister Narendra Modi and a committee comprising Secretaries from the Civil Aviation and Shipping ministries has been set up to decide on the valuation of the building.

The government on Wednesday shelved a plan to sell a 76 per cent stake in the debt-laden carrier due to lack of interest from bidders.

The revamped products and services is likely to be unveiled on June 22, which would also come on an eventful week when the government decided to put the breaks, for now, on the disinvestment plans for the loss-making carrier.

Trump administration intent on revoking H-4 rule for spouses of H-1B visa holdersThe Trump administration has reconfirmed its intent to rescind H-4 rule regarding employment authorisation to certain spouses of H-1B visas, popular among Indian IT professionals. The move will have a major impact on Indian-American women as they are the major beneficiary of the Obama-era rule. \"Removing H-4 Dependent Spouses From the Class of Aliens Eligible for Employment Authorization,\" said the ...

The government is committed to provide appropriate liquidity and financial resources to Air India, Union Minister Jayant Sinha said today amid delay in payment of salaries at the airline and uncertainty over its divestment plans.

The big buzz on Sunday was that Vistara, the joint venture between Tata Sons Limited and Singapore Airlines, was poised to order six Boeing 787s - the most expensive model of the Dreamliner - passing over the A330neo.