Government
Government will continue to support Air India during stake sale process
The government will continue to support Air India during the disinvestment process and honour committed financial obligations till any further direction, union minister Jayant Sinha told the Lok Sabha. In
Changes in food served by Air India will save Rs 20 cr says Govt
Changes in the food provided on board its aircraft will help Air India save Rs 20 crore annually, according to Aviation Ministry. Changes in the food provided onboard its aircraft
Govt plans to attract 40 lakh cruise tourists in 5 years says Nitin Gadkari
The government wants to increase the number of cruise tourists to 40 lakh in five years from last year’s 1.80 lakh, said Union minister Nitin Gadkari. Given the right impetus,
Hyperloop One CEO says that they are yet to receive investment proposals from India
While India has evinced interest in introducing high-speed Hyperloop technology to revolutionise its transportation system, US-based Hyperloop One is yet to receive a solid investment proposal from either the government
GoAir celebrates Raksha Bandhan with CRPF Jawans
Raksha Bandhan is the festival that symbolizes the unconditional vow of brother to protect their sisters. The true bond of love and care that brother and sister shares with each other illustrates
Online travel agents liable to deduct TCS under GST: CBEC
Travel agents providing online ticketing and other services will be liable to deduct 1 per cent tax at source under the GST regime as they have been classified as e-commerce
Government to float RFP for merchant bankers over Air India disinvestment
The government will soon float a request for proposal (RFP) for selection of transaction advisor, legal advisor as well as asset valuer for the proposed disinvestment of national carrier Air
Air India seeks $740 million loan to finance purchase of 6 Boeing planes
Air India is looking for bridge loans worth up to $740 million to finance purchase of six Boeing 787-8 planes, according to a tender document. While the government is working
Cruise market may sail faster on shipping ministry push
If it happens, the government may earn Rs 35,500 crore from direct taxes levied on cruise liners that enter Indian ports. Ministry of Shipping is formulating major plans to boost
Maitree Express: The friendship train between India and Bangladesh
Maitree Express will allow passengers to complete immigration and customs at point of departure. By reinstating two railway routes from the British colonial era, India and Bangladesh are hoping for
