While the Navi Mumbai airport project has been cleared for take off, two other big-ticket projects in Maharashtra - a cargo hub in Nagpur and an international airport at Rajgurunagar near Pune - are grounded because of delays in land acquisition.
The move will require modifications in Companies Act.
Air India (AI) plans to raise Rs 5,500 crore (Rs 55 billion) by issuing bonds to a consortium led by the country's largest private sector lender, ICICI Bank, as part of its financial restructuring exercise.
Olympus Capital, UTI's PE arm to fund Rs 400 crore.
The months of April and May are favourable for airlines, a good time to recover their losses.
Kingfisher Airlines has increased the salary of a section of its pilots, fearing an exodus to rival carriers. Airlines including SpiceJet and IndiGo are in an expansion mode and will be adding 29 planes this financial year, opening new job avenues for pilots.
Though all the regulatory and ministerial approvals are yet to come in, two working groups with specific mandates have been set up.
If the Ministry of Human Resource Development (MHRD) has its way, individuals and corporations donating to educational institutions may soon be eligible for tax exemptions.
Move will help AI Express reduce costs and increase fleet utilisation.
The state-run company may soon buy nearly 20 per cent stake in two shale gas acreages - Eagle Ford shale and Barnett shale - in the US.
Lack of students prompts the university to re-look at its strategy
The All India Council for Technical Education (AICTE) has decided to pull the plug on part-time management courses in business schools across the country.
The government's decision not to extend the tax holiday on exploration of oil blocks being offered in the ninth round of bidding under the New Exploration and Licensing Policy (Nelp) may impact the current bidding process, of Nelp-IX.
This implies that the 30-odd institutions in Maharashtra will be free to select candidates through any of five national level entrance tests.
BP has valued Reliance Industries' (RIL) new exploration and production (E&P) business at around $25 billion (Rs 1,12,500 crore), according to Goldman Sachs.
With Reliance Industries openly expressing displeasure about the merger between its joint venture gas partner, Atlas Energy, with Chevron, all eyes are now on Atlas' special shareholder meeting on February 16, called to approve the proposed merger.
Several management institutes across the country plan legal action to seek a reprieve from recent guidelines issued by the All-India Council for Technical Education
To get the best talent, they put stiff riders for recruitment.
The Indian School of Business (ISB), Hyderabad, has so far seen the highest domestic job offer on its campus at Rs 39 lakh from a private equity firm, according to two recruiters familiar with the development.
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