For international travel, frequent flyers look at network and Air India's global network is weak.
Rush to offload bad loans indicates a revival in asset-sale market
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
AirAsia is facing a legal challenge from Bharatiya Janata Party MP Subramanian Swamy, whose petition comes up for hearing at the Delhi HIgh Court on Wednesday.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
There is enough room for growth in smaller Indian towns as per US and European aircraft manufacturers
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Regulator believes Jet Airways deal triggers open offer
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
DGCA asks those likely to be affected by a scheduled air operator's permit to the airline to give suggestions, objections within 30 days.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
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