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The Adani Group on Tuesday took over the reins of Mumbai Airport, checking in with a majority 74% stake in Mumbai International Airport Limited (MIAL). The Adani Group is now India’s biggest airport operator with eight airports in its fold.

The national capital will have 12 flights weekly to and from the UK when connectivity partially resumes between the two countries, followed by Mumbai at 11, Bengaluru at 4 and Hyderabad at 3. ​​Air India, Vistara, British Airways and Virgin Atlantic have been allowed to operate 30 weekly flights between the UK and these 4 … Continue reading India-UK flights to resume from Jan 6: Full schedule

You could soon be boarding a seaplane from the Yamuna riverfront to Ayodhya or from Mumbai to Shirdi for a pilgrimage, if the government has its way. The shipping and waterways ministry has issued an expression of interest (EoI) for the Sagarmala Seaplane Service (SSPS) to connect several places. The ministry has sought response from … Continue reading Govt plans seaplane service on Yamuna riverfront

Flights between India and the United Kingdom (UK) will resume from January 8, civil aviation minister Hardeep Singh Puri said on Friday. However, to ensure the stringent following of all protocols, India and UK carriers will be each operating 15 flights per week — that is, 30 flights weekly — to and from four metros … Continue reading India-UK flights to resume partially from Jan 8

Mumbai buys most health covers in FY21

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Mumbaikars seem to be beating Delhiites when it comes to buying health insurance amid the Covid pandemic. “States such as Maharashtra, Delhi and Gujarat have always been financially aware and among the top purchasers of health insurance. But Mumbai now is our fastest growing metro in retail health insurance sales. Its growth is far higher … Continue reading Mumbai buys most health covers in FY21

Gutsy winds and heavy rains on Wednesday resulted in the signage atop the headquarters of leading stock exchange BSE getting damaged and dangling from the iconic building’s facade. Asia’s oldest bourse is housed in the 29-storey Phiroze Jeejeebhoy Towers. The ‘BSE’ signage atop the towers broke-off and was dangling from the facade of the building, … Continue reading Signage atop BSE HQ damaged in Mumbai rains

Domestic passenger flights resumed in India after a gap of two months. The Delhi airport saw its first departure at 4.45 am to Pune while Mumbai airport’s first departure was at 6.45 am to Patna, the officials said. Scheduled commercial passenger flights were suspended on March 25, when the Centre imposed a nationwide lockdown to … Continue reading Covid: Domestic flights resume after 2 months

Since the national lockdown was announced in late March, a team of more than 200 personnel from the Reserve Bank of India and services providers are holed up in four locations to ensure that the financial markets across the country work uninterrupted. A team of officers and technical experts was moved into a hotel in … Continue reading How RBI crack teams in isolation keeping financial system working

Air India will operate special domestic flights from different cities between May 19 and June 2 to help passengers stranded across the country reach home. Passengers must pay for the seats for which bookings were yet to begin. A majority of the flights are from Delhi, Mumbai, Hyderabad and Bengaluru.

Air India has opened bookings to fly out of India to the US, UK and Singapore on the special flights it will operate in the first week of the massive repatriation exercise to bring back Indians stranded abroad. In all, 17 flights are scheduled to operate from Delhi and Mumbai to New York, San Francisco, … Continue reading AI starts bookings for special flights to US, UK, Singapore

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Ride-sharing app Uber on Tuesday opened its cabs for essential travel for the public to visit pharmacies and hospitals, only in five cities, namely Bengaluru, Gurgaon, Mumbai, Nashik and Hyderabad. The company said that is looking to mandate masks, hand sanitizer and gloves for its driver to ensure hygiene. Resumption of full services expected when … Continue reading Uber opens app in 5 cities for essential travel

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Even as police authorities moved across top metros like Delhi, Mumbai and Bengaluru to issue “curfew passes” to delivery agents of e-commerce services, the companies are still facing issues in taking new orders and fulfilling existing backlog. A large number of the migrant delivery workforce is afraid of venturing out or has fled to their … Continue reading Hostile cops hit food, pharma delivery business

The Covid-19 is yet another black swan moment in India’s residential real estate market which will lead to further dip in sales and postponement of launches, ICICI Securities said. The prospect of falling sales in ongoing projects and deferment of upcoming launches threatens to become the next Black Swan for an already weak residential market,” … Continue reading Mumbai, Delhi property purchases see huge drop

Reliance Industries on Monday said it will pay contract and temporary workers wages even in case of no work due to coronavirus outbreak, set up India’s first dedicated Covid-19 hospital in Mumbai, ramp up face-mask production capacity and provide free meals and fuel to deal with the crisis.

After GoAir, Vistara has also temporarily suspended all its international flights from Friday (March 20) till March 31. Vistara’s Dreamliner will begin commercial flights from March 19 between Delhi and Mumbai. The airline has also temporarily adjusted domestic capacity for the months of March and April 2020 in view of reduced demand.

Crisis-hit Yes Bank’s founder Rana Kapoor was brought to the Enforcement Directorate’s (ED) office in Mumbai for questioning in connection with a money-laundering case against him. The ED is probing Kapoor’s role in connection with the disbursal of a loan to a corporate entity and the subsequent alleged kickbacks reportedly received in his wife’s accounts.

Almost 90 unmodified and snag-prone PW engines on IndiGo and GoAir need to be changed by May-end as the DGCA (Directorate General of Civil Aviation) has mandated Neos with only modified engines will be allowed to fly after that. AIESL will service these PW1100G-JM engines at its facility in Mumbai.