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Our network will be 35% bigger by December end , says Akasa Air CEO - Airlines/Aviation News

Our network will be 35% bigger by December end , says Akasa Air CEO - Airlines/Aviation News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Adani keen on increasing its Mumbai Airport stake

The Chhatrapati Shivaji Maharaj International Airport (CSMIA), controlled by MIAL, is the country’s second-largest airport (in terms of passengers served), behind Delhi’s Indira Gandhi International Airport.

India Inc pushes up planned capex on govt spending, buoyancy in demand

Indian hotels to charge foreigners in US dollars

MUMBAI, India – Hotel chains in India are planning to switch to charging their foreign customers in dollars, on account of a depreciating rupee. MUMBAI, India – Hotel chains in India are planning to switch to charging their foreign customers in dollars, on account of a depreciating rupee. The rupee has fallen around 13 percent against the US dollar since May, the worst such slide in Asia. Hotels, however, are not looking at revising room rates immediately. “We are not following a dollar tariff, so there is no windfall gain with the rupee depreciating. Given that concerns about the rupee remain, hotel chains are considering switching back to dollar tariff,” said a senior official from the Leela Kempinski hotels, as per a report by Kalpana Pathak and Swaraj Baggonkar in Business Standard. Leela had already gone in for a dollar tariff for charter operations at its leisure properties.

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