[ad_1] Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,397.20, while Sensex ended at 73,828.91. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,880.15 points below its record high of 26,277.35. […]
SpiceJet CMD Ajay Singh sells stake worth ₹52 crore via block deal on Thursday – CNBC TV18
[ad_1] Ajay Singh, Chairman and Managing Director of aviation carrier SpiceJet Ltd. sold some stake in the airline via block deals on Thursday, according to official data available on the Bombay Stock Exchange. Singh sold 1.15 crore shares or 0.89% of the total equity through these blocks, data indicated. The 1.15 crore shares were sold […]
EaseMyTrip’s Nishant Pitti makes a second push for bankrupt GoFirst, challenges liquidation of airline – CNBC TV18
[ad_1] EaseMyTrip’s co-founder Nishant Pitti may be selling a stake in the travel aggregator, but he clearly is keen on buying the bankrupt GoFirst. Pitti-backed Busy Bee Airways has made a renewed push in the National Company Law Appellate Tribunal (NCLAT), pitching for a revised resolution plan for GoFirst. Busy Bee has challenged the liquidation […]
SpiceJet creditor takes airline shares at 78% premium as part of settlement – CNBC TV18
[ad_1] SpiceJet has reached a settlement with lessor Genesis to resolve a $16 million dispute, the airline said in a statement on December 19. Under the agreement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity at a price of ₹100 per share, which is 78% higher than the […]
Airlines have paid ₹50 crore in compensation to passengers from January to October this year – CNBC TV18
[ad_1] Airlines in India have paid a total compensation of ₹50 crore to passengers over delays, cancellations, and denied boarding in the first 10 months of 2024, reflecting a 47% rise compared to the same period in 2023. Company Value Change %Change Out of the ₹50 crore, the compensation was distributed as follows: ₹12.7 […]
Foreign airlines ramp up India operations as international traffic soars – CNBC TV18
[ad_1] India’s aviation market is booming, with daily passenger traffic reaching a record high of five lakh. A significant portion of these passengers are heading to international destinations, signalling strong growth in outbound travel. Company Value Change %Change Between April and June 2024, over 1.76 crore international passengers travelled to and from India, a 13% […]
Hoax bomb threats: At least 50 flights and hotels in Tirupati, Lucknow receive warnings – CNBC TV18
[ad_1] Airlines in India have faced an alarming wave of bomb threats, with more than 350 flights receiving hoax threats over the last two weeks. On Sunday, October 27, 2024, alone, at least 50 flights operated by Indian carriers received bomb threats, two of which were diverted as a precautionary measure. The rising number of […]
Bomb Hoax Crisis| Aviation Secutity Regulator in huddle with Airlines – CNBC TV18
[ad_1] As bomb threats countinue to pour in, disrupting flight schedules, inconvenienceing passengers, and adding to already escalating operating costs for airlines, aviation security regulator Bureau of Civil Aviation Security (BCAS) held a high-level meeting on Saturday with top executives from major airlines on Saturday, October 19, 2024. The meeting, which was attended by Air […]
The reputational damage to airlines and passenger disruption from bomb hoaxes – CNBC TV18
[ad_1] A flurry of hoax bomb threats continues to disrupt Indian airlines. at least 22 hoax bomb threats in four days have hampered both international and domestic flights. Today, two Mumbai-bound flights from Frankfurt and Istanbul received threats on social media after they had taken off. Both flights have landed safely in Mumbai. The Mumbai […]
Flight Bomb Hoaxes | Mumbai police question minor over threats to airlines – CNBC TV18
[ad_1] Mumbai police on Wednesday said they are questioning a minor for allegedly sending hoax bomb threat messages to IndiGo and Air India on October 14. Both airlines received these threats via X (formerly Twitter) concerning three international flights. IndiGo received threats for its flights from Mumbai to Jeddah and Mumbai to Muscat, while Air […]