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Sindhu Bhattacharya

Feb 8, 2016

Why are private consortia of Delhi and Mumbai airports averse to CAG audit?

Operators of both airports also argue that the Airports Authority of India, which is seeking an audit by the CAG,has not made known any doubts nor sought any clarifications from the board of directors of either airport #AAI #Airports Authority of India #CAG #Comptroller & Auditor General #DIAL #GMR #GVK #MIAL

Feb 4, 2016

Tatas eyeing a majority stake in AirAsia India but rivals may spoil the party

In case the buyout happens, the Tatas may have to face some queries by the Competition Commission of India (CCI) since it will then be majority owner in two airlines #AirAsia #Arun Bhatia #CCI #Mittu Chandilya #Tatas #telestra #Tony Fernandes #Vistara

Feb 3, 2016

Why Modi’s comment on corporate sops is a misplaced reaction to Rahul jibes

If tweaking is the need, then the government should look at subsidies, not corporate incentives, which are prone to misuse and where massive leakages are a norm rather than the exception #corporate tax #Direct Benefit Transfer scheme #Finance Minister Arun Jaitley #Prime Minister Narendra Modi #Rahul Gandhi #Subsidies

Dec 30, 2015

Aviation ministry on backfoot after Opposition questions Changi contract

The Congress and the Left parties have created an uproar over an initial MoU between India and Singapore which allows that country to nominate an agency for taking the O&M contract for the two Indian airports for a fee. #Ahmedabad airport #Airports Authority of India #Aviation #Changi airport #Jaipur airport #Ministry of Civil Aviation #Narendra Modi #PolicyWatch #RN Choubey #Singapore

Dec 28, 2015

Conventional options not enough: Kelkar panel bats for PPP in airports

The proposed O&M process is now mired in a controversy since this is being done without a global tender. #Airports Authority of India #Aviation #Business #PPP #ThisisNext #V Kelkar

Dec 9, 2015

Govt avoids concession route, Changi to manage Jaipur, Ahmedabad airports for a fee

In August this year, it had become clear that the government was scrapping earlier plans to invite private developers to pick up equity stakes in the two airport projects of Chennai and Kolkata. #AAI #Airports Authority of India #Business #Changi airport #India #Narendra Modi #NewsTracker #Privatisation of airports #RK Srivastava #Singapore

Dec 9, 2015

Govt has pumped in Rs 22,280 cr of taxpayer money into Air India, but where is the plan to disinvest?

Of the Rs 30,000 crore planned to be spend on Air India's turnaround plan over a 10-year period, over 70% of the promised support been given in first three-and-a-half years itself #AI #air india #Civil Aviation Minister A Gajapathi Raju #fleet expansion #MoS Civil Aviation Mahesh Sharma #Rajya Sabha #SBI Caps #TAP #Turnaround Plan

Dec 5, 2015

Set standard rate below 18%, scrap 1% additional levy: Here’s what CEA’s GST report said

The panel has noted that the implementation of GST represents a historic opportunity to do away with "Exemptions Raj". #Arvind Subramanian #Economy #GST #NewsTracker #revenue neutral rate

Dec 1, 2015

Regional air connectivity to suffer unless proposal to burden airlines twice is tweaked

Route Dispersal Guidelines mandates that certain specified capacity of each airline must be used to serve areas like the North East and J&K where air connectivity is poor. #CAPA #civil aviation policy #Domestic flying credits #Ministry of Civil Aviation #PolicyWatch #Regional Connectivity Scheme #RN Choubey #Route dispersal guidelines #Scheduled Commuter Airlines

Nov 30, 2015

Any move to compensate states directly, waive 1% GST levy welcome: Taxation experts

It is another matter that the increased burden on the exchequer may eventually increase then burden on you and me in some form or the other, if the government decides to compensate states directly. #Economy #GST #HowThisWorks #Jayant Sinha #Manufacturing states