Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Competition next door, Delhi airport planning salary hike, bonus for staff
Business Standard
|March 17, 2025
Delhi International Airport Limited (DIAL), which runs India's busiest airport, is planning salary hikes and bonuses to retain its workforce as it braces for fierce competition from Noida airport's operator, Yamuna International Airport Private Limited (YIAPL).
Delhi International Airport Limited (DIAL), which runs India's busiest airport, is planning salary hikes and bonuses to retain its workforce as it braces for fierce competition from Noida airport's operator, Yamuna International Airport Private Limited (YIAPL). DIAL admitted that these pay raises will have a "considerable" impact on its total manpower costs.
GMR Group-led DIAL has urged the Airports Economic Regulatory Authority (AERA) to approve higher aeronautical tariffs from airlines and passengers, citing financial pressures from the Noida airport, which is coming up about 70 km away. Beyond rising employee costs, it expects a surge in advertising expenses and a potential squeeze on cargo and air traffic revenues as competition hots up.
YIAPL, a subsidiary of Zurich Airport International, is currently constructing Noida Airport in Jewar, Uttar Pradesh.
The airport was initially scheduled to begin commercial flight operations in September last year. However, its deadline has been postponed twice. It is now expected to start operations later this year.
Dit verhaal komt uit de March 17, 2025-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
US factory activity shrinks by the most in four months
US factory activity shrank in November by the most in four months as orders weakened, indicating manufacturers are struggling to break free from an extended period of malaise.
1 min
December 02, 2025
Business Standard
Amazon Now aims to open 300 dark stores by year-end
Amazon Now, the quick commerce arm of ecommerce giant Amazon, on Monday said it is accelerating its instant delivery service, targeting to open two new dark stores every day.
1 min
December 02, 2025
Business Standard
DreamFolks to acquire 60% in Dubai's Easy to Travel
DreamFolks Services, Gurugram-based travel and lifestyle experiences firm, said on Monday that it will acquire a 60.24 per cent stake in Dubai-based Easy to Travel (ETT), an airport services distribution platform.
1 min
December 02, 2025
Business Standard
Temasek-backed Atomberg may plan $200 mn India IPO
Temasek Holdings Pte-backed Atomberg Technologies Pvt is weighing an initial public offering in Mumbai that may raise around $200 million, according to people familiar with the matter.
1 min
December 02, 2025
Business Standard
Car wholesales rose 21% in Nov, fuelled by GST cuts
Domestic wholesales of passenger vehicles (PVs) stood at around 425,000 units in November — a year-on-year (Yo-Y) surge of around 20.7 per cent — owing to reduced prices after the recent goods and services tax (GST) rationalisation.
2 mins
December 02, 2025
Business Standard
8 states, 40 suppliers: Apple’s India web spreads from Kerala to Haryana
Apple Inc is consciously widening its manufacturing footprint in India—an expansion that began with two iPhone plants, one each in Karnataka and Tamil Nadu, and has now stretched across eight states and more than 40 suppliers, many of them micro, small and medium enterprises (MSMES).
1 mins
December 02, 2025
Business Standard
Centre working on gig-worker welfare blueprint
The Union labour ministry is drafting a national framework under the recently notified Labour Codes to set uniform social security standards and prevent conflicting state rules for millions of platform-based gig workers, according to official sources.
2 mins
December 02, 2025
Business Standard
Controversy over SIR in TN baseless, driven by political motives: ECI to SC
The Election Commission (EC) on Monday told the Supreme Court that the controversy over the special intensive revision (SIR) of electoral rolls in Tamil Nadu was baseless and driven by political motives.
1 min
December 02, 2025
Business Standard
Consensus seems to be pause by MPC: CS Setty
State Bank of India (SBI) is witnessing robust credit growth, including healthy corporate loan demand, which is expected to see a double-digit increase this financial year. In an interview with Manojit Saha and Abhijit Lele in Mumbai, CS Setty, chairman of India’s largest bank, says effective liability management will help the bank to protect its margin above 3 per cent. Edited excerpts:
5 mins
December 02, 2025
Business Standard
Media & entertainment set to be ‘hugely disrupted’ by AI: I&B secy
As India is set to see artificial intelligence (Al)-powered films on the silver screens next year, with some streaming platforms already releasing Al-generated series, Ministry of Information and Broadcasting (I&B ministry) Secretary Sanjay Jaju on Monday said that the media & entertainment (M&E) segment is going to be “hugely disrupted” in the coming years, in terms of content, production, scale, and talent & skill.
2 mins
December 02, 2025
Listen
Translate
Change font size