The finance ministry is having a relook at the entire financial sector regulations and legislations to determine how they compare with the global standards.
T S Vijayan has completed a year as chairman of insurance behemoth Life Insurance Corporation of India. In an interview with Business Standard, he speaks about the targets set by LIC, its plans to beat competition and overseas and future plans.
Jet is believed to be in talks with leading private equity players.
The estimated value of these two firms is around Rs 200 crore.
JetLite is the new brand name of Lucknow-based airline Air Sahara after Jet Airways acquired it for Rs 1,450 crore in April this year.
The general insurers have sought well-crafted strategies from interested consultants to withstand competition from the private sector which is more customer-oriented in terms of both services and products.
International oil and gas giant Royal Dutch Shell is all set to foray into distribution of Aviation Turbine Fuel, fuel for airplanes.
Thiagarajan, who had primarily restricted his aviation activities to south India, is now locating stars of fortune in western and central India for possible acquisitions
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
The potential entrants include the Essar Group, Punj Lloyd, Larsen & Toubro, real estate developer Atlanta, Hyderabad-based Nagarjuna Construction and Delhi-based DS Constructions.
The Cochin International Airport (CIAL), the first international airport in the country outside the ambit of the union government, is planning to launch a dedicated international cargo airline service.
Sources close to the development said the group will shortly take a decision on the business, which has seen interest from large houses like the Tatas and the Ambanis.
Govt to buy simulators; Kingfisher may place large orders for aircraft.
National carrier Air India, which will soon be merged with Indian Airlines, may partner Cochin International Airport for setting up an airframe maintenance, repair and overhaul facility near the Kochi airport, Kerala.
Almost all global engineering consulting companies are heading to India as the country is firming up high profile logistics projects in the midst of a dearth of engineering talent.
Only 9% of passengers on such airlines are first-timers: CAPA survey.
International no-frills budget carriers making a beeline for India.
Mumbai-based Temptation Foods has acquired the marine foods business of FMCG major Hindustan Unilever for an undisclosed sum.
The Air India and Indian Airlines combine, wearing the new Air India brand and livery, is set to give a snazzy new look for its cabin crew.
As soon as general insurers are freed from the shackles of standard products, they could offer a motor insurance policy that provides for settlement of full claims amount without any deductions for depreciation as per the current practice.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances