Jet Airways is imposing $50 surcharge on economy class fare on its Gulf flights.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
Known for its flamboyant and trendy image, Virgin Atlantic is a minnow among airlines due to a small fleet and limited network.
Infighting among pilots might impact Air India's 787 flights
A healthy track record and 17 years of experience in financial services would be the key strengths of Edelweiss Financial Services in setting up a bank, says chairman and chief executive officer Rashesh Shah, in an interview with Business Standard.
Rajan will be closely working with the RBI governor and the four deputy governors to gain familiarity with the central bank's stance on various issues.
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
Ananthasubramanian, 55, started her career in 1982 at Bank of Baroda as a specialist officer in the planning stream.
Arundhati Bhattacharya is a strong contender for chairperson post, after Pratip Chaudhuri retires in September.
Growing trade and commerce in the region could support passenger demand
Move is aimed at bringing private operators to run airports.
Govt gave 36,000 seats per week more than inter-ministerial group's recommendations.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
It reported a loss of Rs 36 crore (Rs 360 million), the first such negative result in 10 years.
In a letter addressed to Gogia's mother, Madhu Kapur, who holds a 12 per cent stake in YES Bank, the private lender said its board of directors, after extensive deliberations, had unanimously agreed not to accept her recommendation to appoint her daughter on the board.
On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
Reserve Bank of India (RBI) Governor D Subbarao, often criticised for being "behind the curve", took market players and his critics by surprise.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
India's top private banks might soon exit from the gold coin business.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
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