amar abrol


AirAsia India to fly Delhi-Imphal sector from April

Mar 13 2018

Budget passenger carrier AirAsia India announced induction of its 17th aircraft and introduction of new routes connecting New Delhi and Imphal.

AirAsia India to expand domestically before int'l operations: CEO

Mar 08 2018

We will first commence flight ops to new domestic destinations and increase frequencies. In all we are looking at starting flights to 4-5 new cities in this year."

AirAsia India to begin overseas operations by Jan 2019: MD & CEO

Mar 04 2018

According to Abrol, the airliner has planned to commence overseas operation by Jan 2019 once it has 20 or more planes.

AirAsia India on course to breakeven;to treble headcount by'20

Jan 17 2018

AirAsia India plans to triple its head count to over 4,800 by 2020 from 1,612 in 2017 as it seeks to spread wings to intl skies besides expanding domestic operations.

No emergency evacuation after bird hit: AirAsia India

Jul 16 2017

An AirAsia India flight aborted its take off here in Jharkhand after a bird hit but there was no emergency evacuation.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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