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Good news flyers! No cancellation fee if tickets cancelled within 24 hours
Posted on 22nd May 2018
In what can come as a respite as for the flyers, Minister of State for Civil Aviation on Tuesday announced that no cancellation fee will be charged on flight tickets cancelled within 24 hours of booking.

"No cancellation charges will be levied if the tickets are cancelled within 24 hours of booking, provided the ticket is booked 96 hours before flight departure," said Jayant Sinha, Minister of State for Aviation.

"If a flight is cancelled and it is the airlines' fault, then the passenger has to be compensated or ticket has to be refunded. If a flight is delayed, the passenger will be compensated in various ways," he added.

He further said that Aadhaar will be required for the enrollment to use 'Digi Yatra' for identification verification.

"To use Digi Yatra, Aadhaar will be needed only at the time of enrollment. So, that we can identify you. We are working on other digital ID's too," he added.

The Ministry of Civil Aviation in June last year added a digital experience for air travellers through its Digi Yatra platform. This initiative aims to ease the security and boarding procedure by using Aadhaar card or passport number and a digital mode to verify passengers.

'DigiYatra' is an industry-led initiative coordinated by the ministry in line with the Prime Minister Narendra Modi's Digital India's vision to transform the nation into a digitally empowered society.

Passengers can optionally link their Aadhaar to airlines and other ecosystem players at the time of booking for faster airport entry and automated check-ins without requiring any paper-based interventions.


Other Latest News
NASSCOM inks MoU with Dubai Internet to expand Indian SMEs in MENA region
Posted on 1st October 2018
IT industry body NASSCOM has signed an MoU with a leading technology community here to help small and medium-sized Indian enterprises expand their operations in the Middle East and North Africa region.

The MoU between the National Association of Software and Services Companies (NASSCOM) and the Dubai Internet City (DIC) is first of its kind in the Middle East and North Africa (MENA) region.


Coal India to increase tenure of supply pacts with steel industry to 10 yrs
Posted on 19th October 2018
Coal India has decided to increase the tenure of fuel supply pacts to be signed with the steel industry to 10 years with a view to reducing the sector's reliance on imports for the fuel, according to a notice.

The new FSA tenure would be applicable from the fourth tranche of the auction of coking coal linkages for the steel sector to be held shortly, Coal India said in a notice to its subsidiaries.


IT shares trade weak; TCS hits 3-mth low, Infosys, HCL Tech down 4% each
Posted on 19th October 2018
Shares of information technology (IT) companies were trading lower at the bourses with Tata Consultancy Services (TCS), Infosys, Tech Mahindra and HCL Technologies falling up to 4% on the National Stock Exchange (NSE).

Mindtree, Sonata Software, Mphasis, Trigyn Technologies, Larsen & Toubro Infotech, Hexaware Technologies and Mastek were down in the range of 4% to 15%. At 01:41 pm,


Sensex cracks 408 points on global sell-off; Nifty below 10,400
Posted on 19th October 2018
The benchmark BSE Sensex sank over 408 points in early trade on Friday on heavy selling in IT, energy and banking stocks triggered by weak trends in global markets.

The broader NSE NIfty dipped below the 10,400-mark as 32 of its constituents led by Indiabulls Housing Finance dropped. The NSE Nifty index fell 80.85 points, or 0.77 per cent, at 10,372.30.


Former SBI Chairman Arundhati Bhattacharya joins Reliance Industries’ board
Posted on 19th October 2018
Former SBI chairman Arundhati Bhattacharya has joined the Reliance Industries board as an independent additional director, the Mukesh Ambani-led conglomerate said in a regulatory filing. She has been appointed for five years starting October 17, 2018, subject to shareholder approval, the statement further said.

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