An official said next week, the Department of Industrial Policy and Promotion was likely to issue clarifications sought by the sector on the government's multi-brand retail policy.
Airlines likely to be allowed to operate with smaller aircraft.
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.
IDBI Bank, SBI, ONGC & PFC show interest in carrier's central Delhi land. Proceeds from the asset sale would be used to clear the government-owned airline's debt.
DEA objects to the company's 29 Indian stores having sub-brands as a rule violation; DIPP doesn't agree.
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
At present, Air India offers eight first class, 35 business class and 195 economy class seats in its Boeing 777 200-LRs.
It has sought the permission of the Foreign Investment Promotion Board to start single-brand retail outlets.
Air India's earnings of one-two per cent of total air cargo business of Rs 900 crore per annum is almost negligible.
FDI policy for multi-brand retail has been a sore point for the retail chain.
IndiGo passengers, according to travel agents, would be given the option of pre-booking the services on the internet, or just walking into the lounge with their boarding passes, to avail of the facility.
Retailers can buy existing facilities if they spend $50 mn to create additional infra.
Significant market size in these countries would help in biz expansion
Officina Farmaceutica Italiana mainly deals in large-scale contract manufacturing for cosmetics and drug majors
Ministry caps number of flights out of Delhi, Mumbai.
US-based CB Richard Ellis released a study yesterday showing office space take-up across key Indian cities had increased 37 per cent in the first quarter of calendar 2013, compared with the same period last year.
The move could be aimed at increasing penetration in emerging markets.
While elaborating on its international business, including the cash-and-carry or wholesale stores in a joint venture (JV) with the Bharti group, Walmart has pointed out that the list does not include the 'franchised' retail stores.
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