Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
The latest cash-and-carry or wholesale outlet, for selling products from grocery to apparel and consumer electronics to businesses, offices and organisations, is coming up in Agra by the middle of 2015, it is learnt.
Flipkart has started working on it big day sale around six months ago.
Ministry sources say investors are looking at pumping in around Rs 1,100 crore
The airline not to be put on cash and carry mode
Pranab Mukherjee's book The Dramatic Decade: The Indira Gandhi Years takes the readers through the economic and social unrest of the period leading up to the emergency, rise and fall of leaders, many splits within the Congress, while promising to offer more in the next two volumes of the trilogy, says Nivedita Mookerji.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
At that time, co-founders Sachin Bansal and Binny Bansal had made a public announcement at a Bengaluru hotel, about a $1-billion fund raising, largest so far in the Indian e-commerce sector. A day later, Amazon issued a statement that it was investing $2 billion in India.
Concerned about the deteriorating financial and operational performance of the Kalanithi Maran-promoted airline, the DGCA had on Friday withdrawn 186 flight slots of SpiceJet and directed it not to take bookings for flights beyond a month.
The panel will be asked to give report by March-April next year.
Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
So far as entitlements and privileges of a PM's wife are concerned, the rules, though, are not as clear.
Today, Suzuki depends on Maruti for its place in the world
The Narendra Modi-led National Democratic Alliance government, like its United Progressive Alliance predecessor, seems to be failing on suo motu disclosures under the Right to Information Act.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
The airports were refurbished at the cost of Rs 2,325 cr and Rs 2,015 cr respectively but there have been various complaints.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
2,500 kg of sandalwood to Pashupatinath temple cost India Rs 1.9 crore, reports Nivedita Mookerji
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