The power ministry is considering asking Reliance Energy to match the price offered by the Lanco Infratech-Globeleq consortium for power from the Sasan ultra mega power project.
The US-based home delivery and logistics company Specialised Transportation Inc is entering into Indian market by entering into a strategic alliance with Patel Retail, a subsidiary of Patel Integrated Logistics.
Domestic airlines may soon be able to hedge their risk of jet fuel prices. The government is considering a proposal to allow Indian carriers to hedge the price risk of aviation turbine fuel purchased from oil marketing companies in the country.
The congestion at Australia's Newcastle Port is bringing cheers to Indian shipping companies.
Air India CMD Vasudevan Thulasidas said the combined entity will have a change management consultant which will enable employees to be IT-savvy.
Lockheed Martin is in talks with Infosys Technologies, Wipro, Reliance Industries, the Tata group, Larsen & Toubro and Hindustan Aeronautics to source software services, components and systems.
In the 42 months since Air Deccan became a credible and stable challenger to the erstwhile ruling triumvirate of Jet Airways, Indian Airlines and Sahara, the new entrants have garnered about 44 per cent of share of the market.
According to the figures for January, budget carriers alone -- such as SpiceJet, GoAir, IndiGo, apart from Deccan -- have 34 per cent share of the market. A year ago, the figure was only 20.8 per cent.
Public and private sector insurance companies are forming alliances to bid for state-run carrier Air-India's aviation cover worth $3.5 billion.
you plan your holiday in advance, you may get a free air ticket
After the biggest aviation extravaganza in Bangalore, it's time now for the biggest boat show in the financial capital of the country.
Industry analysts said Air India would have to scout for multiple avenues for sourcing pilots as the capacity of the state-run Indira Gandhi Rashtriya Uran Akademi has reached saturation.
Armed with a counter offer, country's largest wind energy company Suzlon Energy is confident to acquire the German firm REpower but will refrain from getting into a bidding war if that hurts the interest of its shareholders.
The Mumbai-based Arch Pharma has raised $27 million from private equity funding in the last four years
Suzlon's Rs 6,000 crore (Rs 60 billion) bid to acquire Germany's third largest wind turbine maker REpower could well turn into a bidding war
The New York-based Citigroup Property Investors will invest up to $120 million in Bangalore-based Nitesh Estates' luxury hotels.
He said the ministry was considering bidding out the airstrips in blocks for development as it might not be feasible to do it individually.
If you are a frequent traveller and use the services of a travel agent, your bill is likely to see a rise this summer, provided travel agents have their way.
Follow Anil Ambani group and Lanco for asset valuation.
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