Logistics

Indian aviation to report record losses of ₹20000 cr in FY22: CRISIL

Indian aviation to report record losses of ₹20000 cr in FY22: CRISIL

CRISIL report says the loss would be 44 per cent more than it had reported in FY21. 

DCI Chairman Rao “abstains” from voting on AGM resolution for appointing MD & CEO

DCI Chairman Rao “abstains” from voting on AGM resolution for appointing MD & CEO

Rama Mohana Rao is the chairman of the board that “unanimously” approved the appointment of Victor as MD and CEO from 01 March 2021.

Fresh Covid wave may slow down logistics activity pickup

Fresh Covid wave may slow down logistics activity pickup

December clocked uptick aided by consumer spending, exports

RailTel seeks business partners for data centres in rural, semi-urban areas

Involves investment opportunity of over ₹500 crore in PPP model

Deendayal Port achieves new milestone in cargo handling in FY22

Deendayal Port becomes the first government port to handle 100 million tonnes cargo

Boeing airliner sales jump but deliveries lag rival Airbus

Boeing said Tuesday that it delivered 340 commercial planes in 2021

Amid pandemic disruptions, Maersk tapped rail to move containers over land

For Indian import and export combined, the rail movement of cargo containers grew by 23 per cent, the Danish company said

Air passenger traffic dip by a lakh in 10 days of 2022

Around 500 flights were off the airs

Automotive Korean EV maker to drive SsangYong out of M&M

A consortium led by Edison Motors agrees to buy debt-ridden firm for $254.65 million

Domestic air passenger traffic up 6% in December: ICRA

The airlines’ capacity deployment for December 2021 at 86,465 departures was 35 per cent more than that in in December 2020 64,002 departures.

Omciron-led curbs across States pose serious threat to domestic air passenger recovery: ICRA

Few States like West Bengal have already announced curbs on flights to and from Delhi and Mumbai

Pristine Logistics front runner to buy Sical Logistics under IBC

Only sectoral player to submit resolution plan

Virgin Australia to cut capacity by 25% as Covid-19 cases rise

Airline cites reduced travel demand and staff being required to isolate as Covid infections spike

Water metro Kochi becomes first city with water metro project

The project envisages an integrated water transport system with 15 identified routes

Bengaluru airport to commission 3 MW rooftop solar plant

In a few days, the Bengaluru airport will have a shimmering new asset to show off — a 3.35-MW rooftop solar plant.

‘Hyperloops are cheaper than high-speed trains’

Their size brings down construction cost markedly: Virgin Hyperloop co-founder

Bio fuels is the future of aviation industry, says Ajay Singh

SpiceJet's Chairman and Managing Director, Ajay Singh, today made a strong pitch for more use of bio fuels to fly planes, calling the plant-derived fu

Air fares will go up, says SpiceJet chief

Air fares in India will go up soon, Chairman and Managing Director of SpiceJet, Ajay Singh, said today.

SpiceJet to receive first Boeing Max plane in a few days

SpiceJet will receive the first of the 205 Boeing Max planes that it had ordered last year, in a few days, the Chairman and Managing Director of the a

Battery-powered trucks can save ₹15/km in fuel costs: Infraprime Logistics

Gurugram-based Infraprime Logistics Technologies, which expects to put 50 battery-powered, 55-tonne heavy duty trucks in the market soon, has said tha

Hyperloop is cheaper than high-speed rail, says IIT-M research

‘Avishkar project’ team hopeful of setting up a 400-metre loop in upcoming campus of the IIT

STMicroelectronics, Aligarh University tie up to develop wireless chargers for EVs

Partners to bring home-grown tech to project, which is part of Imprint-2 initiative

Ashok Leyland, Hindustan Zinc team up with IIT-M to develop Zinc air battery

A worldwide search is under way for a good alternative to Lithium-ion battery

Covid-19: IndiGo expects 20% reduction in current operations

This is due to the reduced demand caused by rising Omicron cases

Only pax with two vax doses will be allowed to travel in Chennai suburban trains from Jan 10

Southern Railway has appealed to passengers to be fully aware of the restrictions imposed by the TN government

Competition spikes in road bids

The “ultra-competition” in the roads sector has triggered concerns of a re-run of the situation witnessed about a decade ago

125 passengers on flight from Italy test Covid-positive

Chartered flight to Amritsar had a total of 179 passengers

US court allows Devas shareholders to register arbitration award

Antrix says consulting with counsels and evaluating options of instituting an appeal against the order

IndiGo reinstates direct flights between Delhi and Port Blair

Effective January 9, the airlines would operate on Tuesdays, Wednesdays, Thursdays and Sundays.

Cochin International Airport posts robust growth in 2021

Number of passengers handled increases by a million

SpiceJet challenges Madras HC order on liquidation

Airline argues that the order is ‘erroneous and against the weight of evidence’

Jet Airways interim CEO Sudhir Gaur steps down

Capt. Priyapal Singh appointed as the interim manager

IPO-bound Delhivery makes an investment in Falcon Autotech

Strengthens its ability to drive greater speed, precision, and efficiency across business lines

Devas saga AAI challenges Canada court’s order

Assets worth $30 million have already been seized, including air navigation and aerodrome charges collected by the IATA

Omicron threat D G Shipping halts cruise ship operations in Indian waters after passengers test positive for Covid

“Temporarily” withdraws the standard operating procedures (SOP) issued in September last year

2022 breakthrough year for budget smartphones in India: Flipkart

Popularity of 5G smartphones to rise

Shriram Transport Finance upsizes GMTN programme by $500 million

The GMTN programme is for issuance of bonds/notes in international markets

ICRA hikes road logistics growth forecast to 16% from 9% in FY22

Expects industry volumes to remain stable in FY23, with expectation of steady biz activities and formalisation of the sector

PM Modi inaugurates integrated air terminal at Agartala

Built at a cost of ₹450 crore, the new integrated terminal is capable of handling 4C type aircraft