Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
E-commerce companies typically stick to the gross merchandise value run rate to calculate sales.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
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.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
The airline dropped fares to gain customer load, but failed to cover the cost of its flights
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.
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.
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.
So far as entitlements and privileges of a PM's wife are concerned, the rules, though, are not as clear.
India ranks 83, among 166 countries, in spending on mobile rates
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.
2,500 kg of sandalwood to Pashupatinath temple cost India Rs 1.9 crore, reports Nivedita Mookerji
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
Helping UK outlets get wearable devices, robotics; apps to identify empty kitchen jars and auto-order likely soon
This was good enough for Fernandes to hire Chandilya to lead his India business.
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
A source said the competition watchdog would by next month suggest 'structural remedies' that included selling key drug segments as conditions for clearing the country's largest pharmaceutical industry merger.
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