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SpiceJet to raise Rs 335 cr, stake sale possible

Low-cost air carrier SpiceJet is looking at ways to raise around $75 million (Rs 335 crore). The airline has given the mandate to IDFC-SSKI for raising funds through preferential allotment of......

Low-cost carriers fly high on capacity

Low-cost air carriers GoAir, IndiGo and SpiceJet are adding aircraft and capacity this financial year, whereas their full-service peers would be holding back on expansion. Kingfisher Red and......

Indian firms' Q4 sales, profit show robust growth

Cement, technology, telecom, IT pull down the rest; surge in auto, pharma, metals, construction and media sectors. An extensive analysis of the available results of companies for the just-concluded......

What Indian aviation needs to take off

After being in trouble for more than a year and losing Rs 10,000 crore (Rs 100 billion), the Indian aviation industry is looking up. It should continue doing so if airlines refrain from adding......

Surge in passengers to help airlines cut losses

Airlines in the country are expected to cut down their losses in the third quarter of this financial year, thanks to a consistent increase in passenger numbers and the consequent surge in yields.......

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