A consortium led by Murari Lal Jalan and Kalrock Capital has set a revival plan, which includes a dedicated freighter service and hubs in small cities beyond Delhi and Mumbai.
The UK-based group, run by brothers Gopichand Hinduja, Ashok Hinduja, plans to submit an expression of interest by 15 January, signaling its intent to make a formal offer.
Boeing's latest forecast is slightly higher than the one it made in December 2018, when it said India would require 2,300 new aircraft for $320 billion over 20 years.
Etihad-Air Arabia discount carrier will take over most of the 100 slot pairs for Abu Dhabi market held by Etihad after ally Jet Airways failed this year.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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