Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies.
'The global situation is not very good.'
Rahul Gandhi said he had helped the party conceptualise its 'Nyay' scheme to help remonetise the economy.
Each of these families will get around Rs 5.5 lakh as aid, a senior official said.
Top 10 trends for 2015 are deepening income inequality; jobless growth; lack of leadership; rising geostrategic competition; weakening of representative democracy; rising pollution in developing world; rising occurrence of severe weather events; intensifying nationalism increasing water stress and growing importance of health in the economy.
A Congress bastion over the years, the tribal dominated Nandurbar district in Maharashtra has been chosen for the launch of Aadhaar, the unique identity (UID) numbers.
Tata Motors now eyes the US, European and African markets.
Even as the Indian IT industry is studying the fine print of the European Union (EU) to expand the scope of value-added-tax (VAT) from January 1, to include services like back-office operations, call centre work and administrative services delivered from non-EU nations (including India), it does not appear to be unduly perturbed.
It is eyeing the proposed Food Security Bill as one of the areas of pro-active involvement, even as the government is not much interested to consult the estranged comrades. The Bill has the potential of being the biggest social sector programme of the second Manmohan Singh government, just as the National Rural Employment Guarantee Act did during the first UPA regime.
Prices of agricultural commodities have risen 23 per cent so far this month.
The World Anti-doping Agency on Sunday expressed its concern over the BCCI's decision to reject a controversial WADA clause which makes it mandatory for Indian cricketers to be available for out of competition testing.
Property developers plan more launches in the sub-Rs 20 lakh category of homes, after Monday's Budget concession.
Officially confirming the change in tack for the first time after months of speculation, Kuldeep Goyal, BSNL's chairman and managing director, told Business Standard, "Foreign partners definitely bring in some expertise that will help the company improve its performance."
Reliance Power Ltd, part of the Reliance Anil Dhirubhai Ambani group, is in talks with five leading global power companies to sell 15 per cent equity stake in the company. Preliminary talks have started with three Chinese power companies, which include China Light and Power Holdings, and French and Canadian companies.
The Foreign Investment Promotion Board has made it clear that Press Notes 2 and 4 issued in February 2009, which changed the way indirect foreign equity would be treated in calculating foreign investment levels in Indian corporations, cannot take effect retrospectively for proposals before the board.
With the monsoon season to begin and hotels hoping for a robust business at leisure destinations, swine flu could play spoilsport for the hotels, said industry players. At leisure destinations, international tourists form around 35 per cent of the clientele, with around 20-25 per cent coming from the US alone. Last year, tourist arrival in the country was 5.37 million, a fifth of whom stayed in five star hotels.
Whether it would help these cash-starved firms to improve their profit margins is yet to be seen, but such a move would send a strong signal that the phase of price correction is over. "Developers want to send signals that they are good. But if they are increasing above 10-15 per cent, it would be irrational," said Sanjay Dutt, chief executive of Jones Lang LaSalle Meghraj, a property consultant.
The first group of securitymen arrived at Lalgarh police station, which had been cut off by the tribals since November last year, with the police saying that it was a 'partial victory'.
The sole exception would be the Rajasthan circle (which can accommodate only two operators). The West Bengal and North-East circles would be able to accommodate only four operators. The numbers are based on the latest note prepared by the DoT. The availability of spectrum is a key element that determines the auction price of spectrum. Higher availability means a lower price.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances