Realty plans hit roadblock; delay could hit modernisation
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
Application deadline may be extended but no leeway on priority-sector targets.
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.
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.
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.
RBI Governor D Subbarao says banks' response to RBI's monetary intervention is asymmetric.
Etihad plans 75 per cent travel beyond Abu Dhabi; airports cry foul.
Street expects RBI to keep CRR unchanged, opt for open-market operations to ease liquidity
Four days ahead of RBI's monetary policy review, SBI Chairman Pratip Chaudhuri says a cut of one percentage point in CRR will allow the bank to lower lending rates 20 basis points.
Will be the first choice if Naresh Goyal decides to sell stake in future.
Most major corporate houses, such as the Tata group, Birla group and Reliance Industries, besides non-banking financial companies like L&T Finance, M&M Financial Services and the Shriram group, are said to be interested in setting up new banks.
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
AirAsia runs a joint venture portal with Expedia and it is an exclusive online distribution channel for the airline.
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