Filing of recent case pertains to Rs 6,400 crore that the Vijay Mallya backed Kingfisher Airlines had raised as loan from banks
Has the government examined the history of the successful bidders before awarding them routes, some of which could be unviable even after the viability gap funding?
Mallya senior was everything his son is not: How a rash Vijay Mallya jettisoned his father's principles
Had the Indian government allowed airlines to fly overseas without restrictions (the 5/20 rule for example), perhaps the downfall of Kingfisher Airlines may not have been so steep
This policy will replace the current route dispersal gudelines which mandate that airlines deploy 10 percent of their capacity in remote areas.<br />
A Kolkata-based finance firm is the grounded carrier's only lender to walk away with a smile
GR Gopinath, who pioneered low-cost air travel in India, quit the Aam Aadmi Party (AAP) on Saturday citing growing differences within the party leadership and criticised Arvind Kejriwal for "shoot and scoot" politics.
We track all the live updates after AAP's Shazia Ilmi announces decision to quit from the party.
It's a tough day for the Aam Aadmi Party as key leader and founding member Shazia Ilmi resigned from party, blaming 'cronyism' in AAP. Shazia Ilmi said that her decision had nothing to do with her being forced to contest from Ghaziabad.
The reality is that India’s youngest political party is an amorphous project. The party, a big tent, has many heads and speaks in different voices. For now, it is a three-faced party.
Delhi Chief Minister Arvind Kejriwal faced more flak from political parties today for continuing with his street protests even as a prominent member of his AAP said he must govern from his office and that only his cadres must be involved in the stir.
Aam Aadmi Party (AAP) today downplayed Air Deccan founder Captain Gopinath's comments against its government's decision to reject FDI in retail in<br /><br /> Delhi, saying members can have different opinions.
Without a thoughtful intervention, the party is at the risk of an implosion that will yet again show the world that mass movements are inherently prone to decline or decay after their romantic rise.
Captain Gopinath had earlier contested and lost as an independent candidate from the Bangalore South constituency in 2009. <br /><br />
According to Captain Gopinath, the founder of erstwhile Air Deccan, the increased competition will lead to low air fares, besides bringing about improvement in the passenger amenities.
Aviation minister Ajit Singh's response to the new airline JV definitely go against the spirit of the FDI policy announced by the government.
But the ministry's proposal to enhance regional connectivity comes on the back of a failed regional airline connectivity policy which is six years old and has never really taken off
There are more than one interesting stories in Indian aviation, after the government opened up the sector for investment from foreign airlines. One of them is Captain Gopinath floating a new airline soon.