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Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport India's homegrown Paytm Payments Bank Limited (PPBL), today announced that it now enables convenient payments for car parking at the Airport Authority of India (AAI) authorized Patna Airport using FASTag. The bank has partnered with ASN, a parking management service provider, in order to curb congestion and queues at airport parking.   Using FASTag, car owners at Patna Airport will no longer be required to tender cash, empowering them with seamless and hassle-free travel. Paytm...
Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport
Paytm Payments Bank enables FASTag payments at Patna Airport parking; offers hassle-free entry and exit from airport
Source: PR Agency
25/05/2023 9:23:39 AM
Mahendra &Mahendra trades higher on selling entire stake in Mahindra CIE Automotive Mahindra & Mahindra is currently trading at Rs. 1276.60, up by 8.30 points or 0.65% from its previous closing of Rs. 1268.30 on the BSE. The scrip opened at Rs. 1264.95 and has touched a high and low of Rs. 1278.00 and Rs. 1254.65 respectively. So far 20077 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1396.00 on 16-Feb-2023 and a 52 week low of Rs. 914.85 on 26-May-2022. Last one week high and low of the ...
Mahendra &Mahendra trades higher on selling entire stake in Mahindra CIE Automotive
Mahendra &Mahendra trades higher on selling entire stake in Mahindra CIE Automotive
Source: Accord Fintech
24/05/2023 5:09:37 PM
`44 airports in country don't have night landing facility` There are a total of 44 operational airports in the country which do not have night landing facilities for civil operations, the Rajya Sabha was told on Monday. These airports include Shimla, Kushinagar, Darbhanga, Deoghar, Bilaspur and many others. The provision of night landing facility, which is purely based on the demand and operational requirements of the airlines, is a continuous process and is undertaken by Airports Authority of India (AAI) and other airport operators from time t...
`44 airports in country don't have night landing facility`
`44 airports in country don't have night landing facility`
Source: IANS
28/03/2023 9:05:03 AM
AAI gives target to airports to achieve 100% use of Green Energy by 2024  The Airport Authority of India (AAI) has given the target to most of the airports to achieve 100 per cent use of Green Energy by 2024 and Net Zero by 2030. Currently Mumbai, Cochin and 25 other AAI Airports are using 100 per cent Green Energy. Cochin Airport is the first green airport in the world, fully powered by solar energy. The 25 airports include Puducherry, Kanpur (Civil), Hubballi, Belagavi, Mysore, Tezu, Kangra, Shimla, Kullu, Jammu, Srinagar, Leh, Imphal, Pakyong, Pan...
AAI gives target to airports to achieve 100% use of Green Energy by 2024
AAI gives target to airports to achieve 100% use of Green Energy by 2024
Source: IANS
23/03/2023 8:51:34 AM
'Over 1.6 lakh air travellers have taken benefit of Digi Yatra'  More air travellers have started using the Digi Yatra app as over 1.6 lakh passengers have taken advantage of the mobile application for seamless airport entry, an official said on Thursday. Digi Yatra is being implemented across airports in a phased manner. In the first phase, it was launched by Civil Aviation Minister Jyotiraditya Scindia on December 1, 2022 at Delhi, Bengaluru, and Varanasi airports, a statement noted. The implementation of Digi Yatra under phase I is also plan...
'Over 1.6 lakh air travellers have taken benefit of Digi Yatra'
'Over 1.6 lakh air travellers have taken benefit of Digi Yatra'
Source: IANS
24/02/2023 10:56:49 AM
Digi Yatra to be implemented at Kolkata, Pune, Vijayawada and Hyderabad airports by March  Digi Yatra will be implemented at Kolkata, Pune, Vijayawada and Hyderabad airports by March 2023. In the first phase, Digi Yatra was launched on December 1, 2022 at Delhi, Bengaluru and Varanasi airports for providing passengers contactless, paperless check-in and boarding process based on facial biometrics. The Digi Yatra policy is an initiative launched by the Ministry of Civil Aviation for biometric boarding system using the facial recognition technology (FRT). It aims at provi...
Digi Yatra to be implemented at Kolkata, Pune, Vijayawada and Hyderabad airports by March
Digi Yatra to be implemented at Kolkata, Pune, Vijayawada and Hyderabad airports by March
Source: IANS
3/02/2023 11:28:08 AM
Birsa Munda Airport, Ranchi gets Instrument Landing System The Airports Authority of India has commissioned Facility Performance Category-I Instrument Landing System (ILS) for Runway-31 at its Birsa Munda airport at Ranchi in Jharkhand. According to officials, the new ILS replaced the existing facility that had completed its recommended life span. The airport has been witnessing a steady increase in passenger movement. With a project cost of approximately Rs 5.67 crore, the new ILS has been commissioned with effect from January 9, for operation...
Birsa Munda Airport, Ranchi gets Instrument Landing System
Birsa Munda Airport, Ranchi gets Instrument Landing System
Source: IANS
16/01/2023 1:41:14 PM
Greenfield Airport in Rajkot to be operational by 2023 end To cater to the growing population of the fourth largest city of Gujarat and the increasing flow of air traffic in the region, the Airports Authority of India has undertaken the work for constructing a new Greenfield Airport in Rajkot scheduled to be operational by the end of this year. With a project cost of Rs 1,405 crore, the new airport is envisioned to be a transportation hub for people traveling abroad from the state. Spread over 1,025 hectares, the airport will be developed with ...
Greenfield Airport in Rajkot to be operational by 2023 end
Greenfield Airport in Rajkot to be operational by 2023 end
Source: IANS
4/01/2023 1:46:48 PM
India needs 1,000+ pilots annually, but training infra in short supply Given the growth in the aviation sector it is expected that India is likely to require over 1,000 pilots per annum over the next five years. However, experts have said that the country lacks the adequate pilot training infrastructure to produce trained pilots. They also said that the number of commercial pilot licenses issued during the last few years is hardly enough to meet the rising demand. As per the Ministry of civil aviation, a total 744 commercial pilot licenses (CPL) were issue...
India needs 1,000+ pilots annually, but training infra in short supply
India needs 1,000+ pilots annually, but training infra in short supply
Source: IANS
27/11/2022 9:19:41 AM
AAI reorients policy for granting license for commercial facilities at airports With gradual pick up in air passenger movements which is now almost touching to pre-pandemic levels, Airports Authority of India (AAI), the largest airport operator in the country, has redeemed its focus on exploitation of commercial opportunities at its airports to enhance non-aeronautical revenue as well as passenger experience. Officials said that AAI has recently reoriented its policy for granting licence to operate commercial facilities like retails, advertisement rights, duty free sh...
AAI reorients policy for granting license for commercial facilities at airports
AAI reorients policy for granting license for commercial facilities at airports
Source: IANS
10/11/2022 10:56:54 AM
India's SpiceJet hits over 2-month high on report promoter eyeing partial stake sale Shares of India's SpiceJet Ltd surged nearly 18% on Wednesday to hit a more than two-month high, after a report said its promoter Ajay Singh was exploring a possibility of a partial stake sale in the budget carrier. SpiceJet is in talks with a Middle Eastern carrier for the possible stake sale and talks are ongoing with a large Indian conglomerate, Indian news channel CNBC-TV-18 reported, citing sources. Singh holds about 60% stake in the airline, it added. (https://bit.ly/3zlo07u) ...
India's SpiceJet hits over 2-month high on report promoter eyeing partial stake sale
India's SpiceJet hits over 2-month high on report promoter eyeing partial stake sale
Source: Reuters
3/08/2022 10:28:41 AM
SpiceJet flies high on inking full and final settlement with AAI SpiceJet is currently trading at Rs. 41.60, up by 1.30 points or 3.23% from its previous closing of Rs. 40.30 on the BSE. The scrip opened at Rs. 40.90 and has touched a high and low of Rs. 42.00 and Rs. 40.65 respectively. So far 348072 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 87.25 on 24-Nov-2021 and a 52 week low of Rs. 34.60 on 28-Jul-2022. Last one week high and low of the scrip stood at Rs. 42.50 a...
SpiceJet flies high on inking full and final settlement with AAI
SpiceJet flies high on inking full and final settlement with AAI
Source: Reuters
2/08/2022 8:48:12 AM
Car parking at Chennai International Airport to have EV charging stations, multiplexes The multi-level car parking that will soon be operational at the Chennai International Airport will have five charging stations for electric vehicles (EV) apart from multiplex, food courts, retail outlets. According to the Airports Authority of India (AAI), the 2.5 lakh sq.ft. multi-level car parking with a capacity to accommodate over 2,000 cars will come into operation next month. The car parking will also offer commercial options including retail facilities, food courts and five mult...
Car parking at Chennai International Airport to have EV charging stations, multiplexes
Car parking at Chennai International Airport to have EV charging stations, multiplexes
Source: IANS
9/07/2022 2:29:52 PM
International flights linking Bangkok, Bangladesh cities to start from Agartala's MBB airport  The international flights from the Maharaja Bir Bikram (MBB) airport in Agartala would soon start operations connecting Bangkok via Guwahati airport and Chittagong and Dhaka in Bangladesh, Airport Authority of India (AAI) officials said on Saturday. According to the AAI officials, the MBB airport, located 20 km north of the Tripura capital city, in terms of handling of aircraft and passengers is the second busiest airport in northeastern India after Lokpriya Gopinath Bordoloi Interna...
International flights linking Bangkok, Bangladesh cities to start from Agartala's MBB airport
International flights linking Bangkok, Bangladesh cities to start from Agartala's MBB airport
Source: IANS
15/01/2022 6:01:56 PM
Key News - Reliance Industries Ltd, Bajaj Auto Ltd, Airport Authority of India, Shriram City Union Finance Ltd, Edelweiss Financial Services Ltd By ARETE Securities Key News Reliance becomes promoter in SWREL, holds over 40% stake Sterling and Wilson Renewable Energy Ltd (SWREL) on Monday said that Reliance New Energy Solar Ltd (RNESL) has become its promoter post payment of balance Rs 1,583 crore for acquisition of 25.90 per cent equity in it. With this transaction, RNESL and other group firms together hold over 40 per cent stake in SWREL. Earlier RNESL (acquirer), Reliance Industries Ltd (RIL) and Reliance Ventures Ltd (RVL) had made initial pay...
Key News - Reliance Industries Ltd, Bajaj Auto Ltd, Airport Authority of India, Shriram City Union Finance Ltd, Edelweiss Financial Services Ltd By ARETE Securities
Key News - Reliance Industries Ltd, Bajaj Auto Ltd, Airport Authority of India, Shriram City Union Finance Ltd, Edelweiss Financial Services Ltd By ARETE Securities
Source: ARETE Securities Ltd
4/01/2022 9:30:54 AM
India to allow international flights operations from Dec 15 India will allow resumption of scheduled commercial international passenger services from December 15, it was announced on Friday. However, the government said there will be a calibrated resumption of operations from the countries recognised as "at risk" by the Health Ministry.There are over 10 countries in the "at risk" list including countries in Europe, South Africa, Brazil, Bangladesh, Botswana and China amongst others. Passenger air services were suspended in la...
India to allow international flights operations from Dec 15
India to allow international flights operations from Dec 15
Source: IANS
27/11/2021 9:47:16 AM
Air India flight makes emergency landing in Silchar A Kolkata-bound Air India flight with 144 passengers on board had to make an emergency landing soon after its take-off from Assam's Silchar airport on Wednesday, officials said. Airport Authority of India (AAI) officials said that the flight from Kolkata landed at Silchar Airport at around 7 a.m. on Wednesday morning, took off on its return flight after 51 minutes. "Immediately after taking off, the pilot of the flight detected a technical snag and returned to Silchar Airport a...
Air India flight makes emergency landing in Silchar
Air India flight makes emergency landing in Silchar
Source: IANS
10/11/2021 5:13:06 PM
Finally, starting midnight Adani Group to takeover Thiruvananthapuram airport Almost a year after the State government suffered a big setback when the Kerala High Court dismissed their plea against Centre's move to lease out Thiruvananthapuram international airport to Adani Group, starting midnight Thursday, the running of the airport here will be handed over to the Adani Group by the Airports Authority of India (AAI). This airport, which was declared as the fifth international airport in the country in 1991, will now be run by the Adani Group for the next five ...
Finally, starting midnight Adani Group to takeover Thiruvananthapuram airport
Finally, starting midnight Adani Group to takeover Thiruvananthapuram airport
Source: IANS
13/10/2021 9:48:37 AM
Jammu & Kashmir transfers land to AAI for Jammu airport expansion The Jammu and Kashmir government has transferred land to Airport Authority of India (AAI) for expansion of Jammu airport. The land to the tune of 974 kanal has been transferred in village Rakh Raipur, tehsil Jammu South free of cost to AAI under the National Civil Aviation Policy 2016. The state departments namely animal husbandry, irrigation, PWD will be provided budgetary support or compensated with equal land value elsewhere, the government said. Earlier, Indian Air Force which co...
Jammu & Kashmir transfers land to AAI for Jammu airport expansion
Jammu & Kashmir transfers land to AAI for Jammu airport expansion
Source: IANS
9/10/2021 1:40:51 PM
Key News - KEC International Ltd, Torrent Power, Tata Motors, Airports Authority of India, Maruti Suzuki By ARETE Securities Key News KEC International bags orders worth Rs 1,157 cr across various businesses Engineering, procurement and construction major KEC International Ltd on Tuesday said it has bagged orders worth Rs 1,157 crore across its various businesses. In the transmission and distribution segment, the RPG Group company bagged orders worth Rs 663 crore for projects in the Middle East, Africa, and the Americas, KEC International said in a filing to the BSE. In the railways segment, it has orders of ...
Key News - KEC International Ltd, Torrent Power, Tata Motors, Airports Authority of India, Maruti Suzuki By ARETE Securities
Key News - KEC International Ltd, Torrent Power, Tata Motors, Airports Authority of India, Maruti Suzuki By ARETE Securities
Source: ARETE Securities Ltd
22/09/2021 9:41:38 AM
AAI to spend around Rs 25,000 crore in next 4-5 years to meet expected growth in aviation sector: Vijay Kumar Singh Minister of State in the Ministry of Civil Aviation, Vijay Kumar Singh has said that Airports Authority of India (AAI) has taken up development programme to spend around Rs 25,000 crore in next 4-5 years for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks, etc. to meet the expected growth in the aviation sector. The government has taken several measur...
AAI to spend around Rs 25,000 crore in next 4-5 years to meet expected growth in aviation sector: Vijay Kumar Singh
AAI to spend around Rs 25,000 crore in next 4-5 years to meet expected growth in aviation sector: Vijay Kumar Singh
Source: Accord Fintech
5/08/2021 1:52:29 PM
Air connectivity in northeastern India expands further To further expand air connectivity in the northeastern region under the Regional Connectivity Scheme-Ude Desh ka Aam Naagrik (RCS-UDAN) scheme of the central government, a new private airliner on Monday started flight operations between Assam's Guwahati and Arunachal Pradesh's Pasighat. Airport Authority of India (AAI) officials said that a flight of the private airliner Flybig on Monday started the direct flight services from Guwahati to Pasighat. A water cannon salute was acco...
Air connectivity in northeastern India expands further
Air connectivity in northeastern India expands further
Source: IANS
25/05/2021 9:14:23 AM