Known for its flamboyant and trendy image, Virgin Atlantic is a minnow among airlines due to a small fleet and limited network.
A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
Infighting among pilots might impact Air India's 787 flights
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
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.
Commercial papers, certificates of deposit also dry up
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Growing trade and commerce in the region could support passenger demand
Entities reluctant to get into new segment till settlement and margin issues are addressed
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.
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
Public general insurance companies to collaborate for speedy settlement of claims
Globally, the company intends to cut expenses by $7.8 billion by 2014.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Realty plans hit roadblock; delay could hit modernisation