Budget carrier Air Deccan, which has the largest network in India covering 60 airports and operating more than 300 flights a day, may hive off its highly profitable ATR Turboprop aircraft operations into a separate company.
At least 20 trucking companies are negotiating a consortium to operate rail containers, a business that was opened to private participation last month, and retain their dominant share of the container transport market.
Six weeks after Lanco Infratech and Globeleq won the Rs 16,000-crore (Rs 160 billion) Sasan ultra mega power project, the Hyderabad-based company is planning to buy out its 70 per cent foreign partner.
What could a mall in Ahmedabad, an office complex in Hyderabad and a residential township in Baroda have in common?
Get ready for a different rail travel experience. A special rail coach with a living room, two bathrooms, two toilets and a private kitchen. The catch: You will be allowed to take your own chefs on the trip.
National flag carrier Air India has raised $500 million (nearly Rs 2,250 crore) from ABN AMRO-led banking consortium to make pre-delivery payment to US-based aircraft manufacturer Boeing Company.
Now, banks stop giving in-principle loan sanctions on central bank directive.
Jet Airways is talking to several leading private equity firms to raise $400 million through qualified institutional placements for its aircraft acquisition plan.
Poaching engineers in the domestic airline industry will no more be easy.
The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol
For the second time in a year, Air Deccan overtook state-owned Indian (formerly Indian Airlines) in 2006, making it country's second-largest domestic carrier.
According to highly placed sources, the anomalies in taxes on the cruise operator, coupled with a 50 per cent load factor, have led to a loss of over Rs 75 crore.
The Indian express industry is set for sizzling growth, despite rising usage of facilities like short messaging services or multimedia message services.
Pune, Dehradun, Goa and Kerala are fast emerging as preferred destinations for the retired and would-be retirees.
In a bid to enter India's booming petroleum sector, the Hinduja group has entered into a joint venture agreement with Oil and Natural Gas Corporation
India's east coast is emerging as one of the hydrocarbon hotspots in the world with 100 trillion cubic feet of gas and two billion barrels of oil in place.
The JV will plough the funds into its property development biz in India.
Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
Afcons, a Shapoorji Pallonji group company, is planning to raise around Rs 300 crore (Rs 3 billion) through an initial public offering.
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