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The notice also said service tax amounting to Rs 28.08 crore (Rs 280.8 million), in addition to education cess of Rs 56 lakh and secondary and higher education cess of Rs 28 lakh (Rs 2.8 million) for the period between October 2007 and September 2012, should be recovered from Amity under the provision to sub-section 1 of section 73 of the Finance Act.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Realty plans hit roadblock; delay could hit modernisation
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
Reliance Industries Limited (RIL) is set to carry out a major restructuring exercise. Nine of its retail units would be merged with Reliance Retail and Reliance Fresh.
The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.
The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.
Ravindra Dholakia joins the board along with Gurcharan Das, former chief executive officer of Procter & Gamb#8804 Prem Vrat, vice-chancellor of ITM University of Gurgaon; Air Marshal K K Nohwar; and Renuka Ramnath, managing Director and CEO of private equity firm Multiples Alternate Asset Management.
A large part of this investment, about Rs 5,000 crore (Rs 50 billion), would go to the Paradip refinery
Thomas Cook, which is looking to shift its offices to one of the places such as Lower Parel, Dadar, Bandra Kurla Complex or Andheri, is likely to take a decision in the next three to four months.
Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.
Jet Airways would have four directors on the board; there would be seven independent directors as well.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
Mittu Chandilya wants to bring a new meaning to flying for Indians.
There are six lounges at the international terminal in Mumbai; four are run by airlines exclusively for their passengers.
Etihad plans 75 per cent travel beyond Abu Dhabi; airports cry foul.
Will be the first choice if Naresh Goyal decides to sell stake in future.
AirAsia runs a joint venture portal with Expedia and it is an exclusive online distribution channel for the airline.
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