Fierce competition among airline firms has long limited price increases despite crippling operating costs
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Officials in India's civil aviation ministry are now expected to meet SpiceJet stakeholders within a couple of days to discuss the revival plan
Sahara, which already has a more than $900 million loan from Bank of China on the three hotels, including the Plaza in New York, had sought the court's permission to take over the loan and refinance it from another creditor and raise a fresh loan of $650 million.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
It has been a difficult year for Singh, whose fate from the start has been closely tied to that of the Gandhi family.
Roy and his associates were jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog over the company's failure to repay billions of dollars to investors who were sold outlawed bonds.
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The award of more than 200 coal blocks to steel, cement and power companies has been at the centre of the so-called "Coalgate" scandal.
Weak monsoon rains could have a negative impact on India's automobile sector which is seeing early signs of improvement with the sale of passenger cars and utility vehicles rising in May.
The Federation of Indian Airlines had challenged the aviation regulator's decision this week to issue an operating permit to AirAsia India.
The court on Tuesday ordered BSES -- part of billionaire Anil Ambani's Reliance Infrastructure Ltd to pay state-run NTPC the Rs 700 crore (Rs 7 billion) it is owed by May 31.
The biggest private sector lender, are swarming the market with discounts and special offers
It was put on hold in 2008 after the global financial crisis.
DLF, which builds homes, offices and shopping malls, has lost about 61 per cent of its value since listing on the stock exchange in 2007, underperforming the wider market.
Now, it cannot offer 3G services in pact with other telcos.
A panel of judges at the Delhi High Court set aside on Thursday the court's earlier order that had halted the execution of a government ban on top mobile phone carrier Bharti Airtel's 3G service pacts with rival carriers.
The police had filed charges in December against Bharti Airtel and Vodafone's India unit.
To bring down promoter stake to comply with minimum public shareholding rules.
Wants to jointly develop the office space at Bandra-Kulra Complex.
Lafarge is in a drive to shed non-core assets to cut its debt to below 10 billion euros from 12.2 billion euros.
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