Government
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
Making India a Preferred MICE Destination
India is relatively a new entrant in the Global Convention business. Most of the Convention business in India is generated from the domestic market and as per the International Congress
Book tatkal train tickets on IRCTC website now and pay later
People can now pay later for tickets booked under the tatkal quota on the Indian Railway Catering and Tourism Corp (IRCTC) website, it was announced yesterday. Till now, this service
U.S. to ban travel to North Korea from September 1
The United States has issued a ban prohibiting its citizens traveling to North Korea, a move triggered by the death of a US student imprisoned by Pyongyang during a tourist
Air India’s current business ‘not sustainable': Government tells Parliamentary panel
Air India’s current business is “not sustainable” as it is neither able to generate enough cash flow nor start repaying even the principal amount on its debt, the government has
Boeing expects India to order up to 2,100 Aircraft over 20 years
India is one of the world’s fastest-growing aviation markets with domestic passenger traffic growing at more than 20 percent a year over the last few years. Airplane maker Boeing said
E-visas from November for tourists on cruise ships
Beginning November, international passengers travelling to India on cruise ships will be able secure e-visas as the central government looks to improving passenger experience. A number of other measures are
