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New civil aviation policy in advanced stage: Minister

Last Updated: Monday, September 14, 2015, 18:43

The proposed new civil aviation policy was under advanced stage of preparation and the draft would be placed in the public domain for eliciting opinions, Civil Aviation Minister Ashok Gajapathi Raju Pusapati said Monday.

Competition norms compliance can prevent bad days for cos: CCI

Last Updated: Sunday, September 6, 2015, 18:08

In a stern message to enterprises, anti-trust regulator CCI has said they need to put in place competition law compliance programme so as to avoid "bad days" in terms of penalty and loss of reputation.

IOC raises oil import from Latin America to cut costs

Last Updated: Thursday, August 27, 2015, 17:17

IOC, the nation's biggest oil firm, spent Rs 1.65 lakh crore on import of 43.9 million tons of crude oil in 2014-15.

Capping of airfares violates competition norms: CCI

Last Updated: Sunday, August 16, 2015, 22:31

Capping of airfares will violate competition norms as it stifles the movement of market forces, fair trade watchdog CCI's chief Ashok Chawla has said amid rising calls to curb exorbitant pricing of air tickets.

Fines are just means to an end, CCI warns cos on unfair practices

Last Updated: Wednesday, August 12, 2015, 18:18

In a stern warning to companies indulging in anti-competitive practices, fair trade watchdog CCI has said the enterprises must understand it is keeping an active vigil and any penalty is not "an end in itself".

Construction work for Ennore LNG terminal begins: IOC

Last Updated: Monday, August 10, 2015, 19:49

The company had inked a memorandum of understanding with the Tamil Nadu government for the project.

Crude oil rates likely to remain in current range: IOC chief

Last Updated: Monday, August 10, 2015, 19:24

"Looking at the current trend and global developments, we certainly believe that the crude prices are likely to remain in the current range," he told reporters here.

A K Balyan to head Reliance Group's Oil & Gas Business

Last Updated: Saturday, July 25, 2015, 15:26

Ashok Kumar Balyan, former chief executive of Petronet LNG Ltd, has joined Anil Ambani-led Reliance Group as CEO of its Oil & Gas Business.

Air India facing tremendous financial stress: Ashok Gajapathi Raju

Last Updated: Thursday, July 23, 2015, 20:37

National carrier Air India is under "tremendous" financial stress and needs to ensure that its team works in a more "cohesive" manner, Civil Aviation Minister Ashok Gajapathi Raju said Thursday.

Govt extended 'light hand-holding' to SpiceJet: Aviation Minister

Last Updated: Thursday, July 23, 2015, 19:39

The government had extended "light hand-holding" to SpiceJet when it went through turbulent times, according to Civil Aviation Minister Ashok Gajapathi Raju.

Domestic carriers should utilise bilateral agreements: Ashok Gajapathi Raju

Last Updated: Thursday, July 23, 2015, 15:46

Sending out a strong message, he said domestic airlines, both public and private ones, need to "pull up their socks" with regard to utilisation of bilaterals.

Ashok Leyland's 'Dost' crosses 1 lakh sales milestone

Last Updated: Friday, June 26, 2015, 12:33

In less than three years since Ashok Leyland and Nissan formed a joint venture to manufacture LCVs, the company has rolled out the 1,00,000th unit of Dost, Chennai-based Ashok Leyland said in a statement.