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.
Shoppers Stop plans to open five or six department stores and 10-12 beauty stores this year
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).
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.
At least 50,000 units of new residential property are set to come up over the next three years
In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
This will be the largest claim in the aviation sector for Indian insurers in the last three years
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.
Chinese companies who were actively pursuing business opportunities in India have adopted a wait and watch approach following the Chinese government clampdown.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
IndiGo and other airlines have said they are improving their staff training, looking at better ways of communication and customer awareness on operational matters.
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances