The Delhi High Court agreed to hear a plea by Federation of Indian Airlines (FIA) challenging the grant of flying licence to AirAsia India by aviation regulator DGCA.

Continuing his tirade against proposed carriers AirAsia India and Tata-SIA Airlines, BJP leader Subramanian Swamy has urged Election Commission to restrain DGCA from giving flying licenses to them till a new government takes over.

DGCA had on  Sunday grounded a business jet owned by Reliance Industries after a surprise inspection at the Delhi airport for carrying expired safety equipment on board and suspended its pilot for flying without a licence.

It is also not only flowers and chocolates that have been selling well in the run-up to Valentine's Day. Retailers and consumer services companies have come up with many interesting and innovative offers for customers.  

Tata SIA Airlines was incorporated on November 5 with a total paid up capital of Rs 5 lakh and has been registered in New Delhi.

The Congressional lobbying records show that Tata America International Corporation and TCS have spent more than Rs 2 crore on their lobbying activities so far in 2013.

A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong on Friday met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.

With the FIPB giving approval to the Tata-Singapore Airlines joint venture to start a full-service carrier, Tata Group Chairman Emeritus Ratan Tata on Friday met Commerce and Industry Minister Anand Sharma.

Government gave green signal to Singapore Airlines' proposal to start an aviation venture with Tata Sons entailing an initial foreign investment of $49 million. Mayaram said no riders have been set for the joint venture.

Tatas' proposed aviation venture with Singapore Airlines has got Corporate Affairs Ministry's approval to use the name 'Tata SIA Airlines Limited', which plans to offer full-service passenger services on domestic and international routes.

Among the other FDI proposals, eight are related to pharma sector. These include, Castleton Investment Ltd, Mauritius - GlaxoSmithKline Pte Ltd, Dastag UK, Perrigo API India Pvt Ltd and Intas Pharmaceuticals.

Airbus announced its first jet order from Japan Airlines, worth $9.5 billion, breaking open the last major aviation market dominated by rival Boeing Co after delays and a grounding of its 787 Dreamliner cast a shadow over its reliability as a supplier.

Clearing the air with regard to the Tatas signing MoU with Singapore Airlines, AirAsia Group CEO Tony Fernandes also said there was no issue between him, Singapore Airlines and Tatas.

Making a strong case for approval of their proposed airline JV, Tatas and Singapore Airlines also said that the venture would boost the country's image as an international investment destination.

The Tata Group and Singapore Airlines (SIA) have assured the government that the foreign carrier would not raise any loan in India to capitalise the joint venture (JV) and further funding beyond its $ 49- million initial investment will come in as per business requirements.

Tata Group said it had kept its budget carrier partner AirAsia in the loop on its forging a 51:49 joint venture with Singapore Airlines for a full service airline.

Starring: Baba Kalyani, Thomas J. Pritzker, Sarbajit Banerjee, Rahul Munjal, Tara Singh Vachani, Ratan Tata and Kenichiro Mori

Tata Sons and Singapore Airlines come together again after a decade and a half. Analysts say the new airlines will increase competition for the existing players.

The application for registration of this name has been filed with the Registrar of Companies through submission of form '1A', which is the first step towards incorporation of a new company.

A weak rupee and volatile capital markets offer little hope of a turnaround any time soon. The asset sales will release the funds as well as management bandwidth for corporate houses to focus on their main businesses.