'Passengers of the Jet Airways flight will be entitled for compensation for discomfort and trauma, but it may not be Rs 2 million in this incident.'
Under the fare policy announced, domestic passengers opting for lowest fares will not be served complimentary meals
The artificial intelligence-based system aims to authorise cashless claims within 60-90 seconds and bring the turnaround time for investigations down to a one day, or even a few hours.
Analysts expect holiday fares to inch up further closer to the travel dates, but airlines may still not be able to fully recover higher costs as fuel costs remain elevated
The original list had named 349 drugs, but 15 drugs, approved prior to 1988, have been kept outside the purview of the ban
A senior executive of NIA confirmed the development and said that the insurance company is assessing damage to the airport's assets
Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy; state-wide registration is not required.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself
With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.
Some of the popular brands that would be impacted include Phensedyl (Abbott), Tixylix (Abbott), Gluconorm PG (Lupin), Ascoril D (Glenmark), Solvin Cold (Ipca), D Cold Total (Paras Pharma).
Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.