No Cancellation Fee For Flights Cancelled Within 24 Hours; Draft Plan Says

No Cancellation Fee For Flights Cancelled Within 24 Hours

Gold Silver Reports (GSR) – No Cancellation Fee For Flights Cancelled Within 24 Hours; Draft Plan Says  — Cancellation charges should not be more than basic fare and fuel surcharge, Minister of State for Civil Aviation Jayant Sinha told reporters earlier. “If a flight is cancelled and it is the airline’s fault, then the passenger has to be compensated or ticket has to be refunded,” he said. “If a flight is delayed, the passenger will be compensated in various ways.”     

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Flipkart to Burn Through $2 Billion Cash in 18 Months, in Battle with Amazon

Gold Silver Reports (GSR) – Flipkart to Burn Through $2 Billion Cash in 18 Months, in Battle with Amazon — Flipkart Ltd is likely to burn through as much as $2 billion in cash over the next 18 months—an affirmation that sales growth, rather than cutting losses, remains the top priority for India’s largest online retailer after its takeover by Walmart Inc.           

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PNB Scam: Former CEO Of Bank Was Aware Of Fraud, Says CBI

PNB Q3 Results

Gold Silver Reports (GSR) – PNB Scam: Former CEO Of Bank Was Aware Of Fraud, Says CBI — Former Managing Director and Chief Executive Officer of Punjab National Bank Usha Ananthasubramanian and some other senior bank officials were aware of the “fraudulent” dealings with diamond merchant Nirav Modi but kept “misleading” the RBI, the CBI has alleged in its charge sheet.

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Jet Airways Planning follow-on Deal for Boeing 737 Max

Jet Airways Share Tips Update

Gold Silver Reports (GSR) – Jet Airways Planning follow-on Deal for Boeing 737 Max — Jet Airways India Ltd. is closing in on a new order for Boeing Co.’s 737 Max single-aisle plane that could take its commitments for the model above 200 aircraft.        

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