Refunds were on account of flights cancelled during Covid-19 pandemic; AI among six airlines that collectively forked out $600 mn in refunds and $7.25 mn in penalties
The firm has also committed to spend more than Rs 1,300 crore in business solutions through its 'vGrow' platform
Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal
The cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 ($8,984) this month according to data from the Land Transport Authority
The Punjab transport department on Monday said its revenue in the first six months of this fiscal is 45 per cent more than that of the corresponding period of the last financial year. In a statement issued here, Transport Minister Laljit Singh Bhullar said the three wings of the department -- State Transport Commissioner, Pepsu Road Transport Corporation and Punjab Roadways -- earned Rs 1,957.64 crore from April to September in this fiscal. This is 45.07 per cent higher than the same period of the previous financial year, he said. Revenue of Rs 1,349.43 crore was collected in the corresponding period of the last fiscal. He said the increase in revenue was witnessed because of the concerted efforts of the Bhagwant Mann government to crackdown against tax evaders and operators plying buses without permits.
Open to sourcing chips from India if suppliers are ready
INSTC is a 7,200 km-long transportation network offering the shortest connectivity route to its member states. It was established on September 12, 2000, by Iran, Russia and India
It is noteworthy that the government's vision of 'ropeways as transportation solutions' covers congested urban areas and river-crossings too
According to a MoRTH estimate, 25 state transport undertakings own 32,062 buses that are over 10 years old
With fuel prices being hiked multiple times over the last two weeks, the rate of petrol in Parbhani district in Maharashtra reached Rs 122.67 a litre on Tuesday
Welspun Corp Ltd on Monday announced joining a global industry project to develop the "world's first guideline" for transportation of hydrogen gas in existing and new offshore pipelines
If you are planning to move to a different state and happen to own a vehicle, you need not fret about paperwork. Now there is the BH-series vehicle registration. Let's understand how it works
With trailblazer transportation system like metro, Delhi has potential to be world-class city like London, New York, said Hardeep Puri
Old established production arrangements have broken down, there are new opportunities
The Indian government, while encouraging the private players to play a good part in the space sector with policy reforms, will continue to focus on research and development (R&D) on green fuel, robotic space exploration and reusable rockets, states the draft National Space Transportation Policy.
The Railways is likely to restore its train services to pre-COVID levels over the next two months, provided the state governments give their nod and the coronavirus pandemic is under control
The government on Tuesday said it has extended the exemption from permit requirement for transport vehicles carrying oxygen till September 30, 2021 in view of the Covid-19 pandemic
A 56 per cent stock uptick since December caps upside
It pegged the daily loss to the businesses at about Rs 3,000 crore, which would mount if the situation is not addressed