Air India showing signs of revival

In November 2012, Air India made a positive Ebitda (earnings before interest, taxes, depreciation and amortisation) of Rs 20 crore (Rs 200 million), for the first time since its merger with Indian......

New aviation wing may monitor finances

The civil aviation ministry is considering a proposal to set up a separate unit to monitor and analyse the financial position of airlines. That would take the function of monitoring airlines'......

Air India's last chance for a take-off

Promises of a turnaround have been made before to little effect, so it's natural to feel a flood of scepticism at such proclamations.Air India has long been synonymous with waste, inefficiency and......

Govt spending on projects hits all-time high

In what belies the popular notion of a depressed investment environment in the country, the government's spending on central sector projects commissioned in the first half of the previous financial......