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RJD leader Saket Singh Guddu, son of Pasraha Panchayat head Sushila Sampat, was shot dead by criminals in Khagaria, Bihar. A laborer has also been injured | BLiTZ
Go Air (Wikimeda Commons) The Wadia Group-controlled Go First, previously known as Go Air, has filed for an initial public offering (IPO) to raise Rs 3,600 crore. The airline has revealed in its draft red herring prospectus (DRHP) document that it also plans to attain Rs 1,500 crore via a preferential placement of shares ahead of the IPO. Morgan Stanley, Citi and ICICI Securities will be managing the sale of shares, the net proceeds of which will be primarily put into use to repay debt. Go First is looking at the IPO to counter the setback that the civil aviation industry has had to deal with...
Announcement on aircraft leasing a game changer February 01, 2021 India to import 850 aircraft in few years The latest Budget announcement of a tax holiday for capital gains for aircraft leasing companies along with tax exemptions for aircraft lease rentals paid to foreign lessors operating out of the International Financial Services Centre in GIFT City could be a game changer, aviation analysts feel. Remi Maillard Chair, Civil Aviation Committee of FICCI and President and MD, Airbus India & South Asia, feels that the government has made some forward-leaning announcements for the aviation sec...
Many small towns still wait to take off December 13, 2020 All in: Affordable regional air connectivity is critical for India’s 30-crore-strong middle class - MA SRIRAM All in: Affordable regional air connectivity is critical for India’s 30-crore-strong middle class - MA SRIRAM× A scheme to make air travel affordable to Indians in every corner of the country has not spread its wings fully yet. Why? Three and a half years after the government’s much-hyped regional air connectivity scheme (RCS) connecting tier II and tier III cities took to the skies, aviation experts are still ...