Anirban Chowdhury

  • Airbus signs contract with Bengaluru startup

    Airbus signs contract with Bengaluru startup

    Traxof’s cloud-based, automated desktop and mobile-based solution provides real-time visibility and monitoring of recruitment processes to support the planned ramp up of IM resources, especially in India for Airbus’ digitalisation.

    Fraport makes fresh attempt to exit Delhi Airport consortium

    Fraport makes fresh attempt to exit Delhi Airport consortium

    Fraport has also approached the state-run National Investment and Infrastructure Fund (NIIF) to buy its stake. NIIF, along with Gulf sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Canada’s PSP Investments last year signed a pact with GMR’s rival GVK Group to invest Rs 7,614 crore in the latter’s airport business.

    Air India assures travel agents it isn't shutting down

    Air India assures travel agents it isn't shutting down

    The reactions follow a visit by aviation minister Hardeep Singh Puri to the national carrier’s employee unions wherein he made a case for urgent privatisation as the only way forward as fears of a shutdown loom large.“...these rumours and baseless and without an iota of truth,” Meenakshi Mallik, director commercial at the state-run carrier wrote in the letter to agents.

    Synergy Group submits fresh EOI for Jet Airways

    Synergy Group submits fresh EOI for Jet Airways

    The conglomerate submitted the EOI after several extensions of the deadline to submit one. The conglomerate had last time submitted an expression of interest in August after the August 10 deadline set by the resolution professional running the bid process. The group hasn’t, according to people in the know, submitted a binding bid for the airline.

    Crisil upgrades MRO company Air Works to Stable

    Crisil upgrades MRO company Air Works to Stable

    The upgrade reflects Crisil’s “expectation of a significant improvement in the credit risk profile of the Company over the medium term” a statement said. These improvements are the result of a change in the company’s strategy that now increasingly centres around India and South Asia, said the company.

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