The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
Jet Airways is imposing $50 surcharge on economy class fare on its Gulf flights.
Known for its flamboyant and trendy image, Virgin Atlantic is a minnow among airlines due to a small fleet and limited network.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
Infighting among pilots might impact Air India's 787 flights
The 4G service may use Reliance Retail, with a surging customer base, as the launch pad
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
Growing trade and commerce in the region could support passenger demand
Move is aimed at bringing private operators to run airports.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
It reported a loss of Rs 36 crore (Rs 360 million), the first such negative result in 10 years.
On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
Since January 2011, a third of firms making such offers failed to meet new floor; current penalties would have been hefty.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Realty plans hit roadblock; delay could hit modernisation
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
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