Even though the two state-owned airlines, Indian Airlines and Air India, have announced a merger, the country is on its way to once again have two scheduled airlines controlled by the government.
GMR evinces interest in the project.
Real estate major DLF announced a price band of Rs 500-550 a share for its upcoming initial public offering.
The causes are symptomatic with the UPA's failure to get going on the infrastructure front -- a key bottleneck as well as its inability to push agriculture growth, which slowed down from 6 per cent in 2005-06 to 2.7 per cent the year after.
To address the agrarian crisis in the Indian economy, a new package for agriculture with a central investment corpus of around Rs 30,000 crore will be announced by Prime Minister Manmohan Singh in about 10 days.
Citigroup's private equity arm Citigroup Venture Capital International has acquired 85 per cent stake in retail brokerage Sharekhan for about Rs 470-480 crore (Rs 4.7 to Rs 4.8 billion).
The Cabinet Committee on Economic Affairs will discuss the proposal to lift the ban on state-owned companies from investing in mutual funds in its weekly meeting on Thursday.
The government is formulating a standard concession agreement for roads, ports and airports, expected to be ready by later this year.
The Securities & Exchange Board of India said on Tuesday it was in favour of compulsory listing of privately-placed debt issues, which are corporate bonds issued to no more than 50 investors, as a means to bring in more transparency.
The telecom industry is divided over the policies of former Communications Minister Dayanadhi Maran, who resigned on Sunday.
Your credit card bill could rise if you do not have a good credit history. The interest rates on credit cards, which were hovering around three per cent, are set to cross the three per cent mark across the industry.
The first of the gigantic petroleum, chemicals and petrochemical investment regions - each of which is projected to attract investment of Rs 70,000 crore
The government on Thursday cleared the proposed Bill for setting up the Airport Economic Regulatory Authority.
Private equity fund Texas Pacific Group and global financial services major Citigroup have put in their bids to acquire nearly 40 per cent stake held by the promoters in Sharekhan
All classes of tax payers will henceforth file their annual returns for assessment year 2007-08 using eight new return forms classified as the ITR series 1 to 8.
Dubai-based carrier, Emirates is adding a host of in-flight services, like the facility of using mobile phones onboard, toys for children and nutritious meals for them to attract more passengers.
When asked whether the Reserve Bank of India had sent any further comments, Dua replied in the negative.
Banks are expecting a 25-basis-point increase in the repo rate (7.75 per cent at present) -- the central bank's short-term lending rate against government securities -- when the Reserve Bank of India announces its monetary policy on April 24.
Union Finance Minister P Chidambaram has asked public sector banks to go slow on disbursals of home and other consumption loans to help fight inflation.
Succumbing to pressures from the Left parties, the committee on infrastructure, set up under the chairmanship of Prime Minister Manmohan Singh
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