Online travel startup BigBreaks said it in talks with various investors to raise about Rs 20 crore to fuel its expansion plans in new geographies.
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."
Budget passenger carrier SpiceJet announced 20 new non-stop domestic flights starting February 11, 2018.
Domestic air travel demand surged nearly 17 per cent in November to 10.48 million passengers over the year-ago period, shows DGCA data.
Fares for flights from Delhi to Mumbai on Diwali eve start between Rs 2,500 and Rs 3,000.
SpiceJet has now put in place a 'Self Bag Drop' (SBD) system for its domestic passengers at the aerodrome here.
Air India is offering flexibility in free baggage allowance for international passengers.
As part of the new schedule, Jet Airways will launch daily flights between Kolkata-Lucknow and Nagpur-Delhi among others.
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
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