Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.
Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.
Market analysts are divided over the benefits of the revisited clauses of acquisition on Jet Airways.
While full service carriers (such as Jet Airways, Kingfisher Airlines and Air Sahara) offer food onboard and personal attention, low-cost carriers (such as Air Deccan, SpiceJet and GoAir) do not offer many of these services.
Rival airlines expect Jet Airways to restore some "sanity" in the pricing of tickets after the acquisition of Air Sahara.
Selling garments is a boring job, says Heinz Krogner, Esprit Global Group CEO.
Acquiring Air Sahara will give Jet Airways the scale required to dominate the lucrative routes to West Asia and the United Kingdom.
Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.
Sources said the acquisition might be one of the biggest deals till date in the domestic shipbuilding industry. A comparable new shipyard would have cost Rs 200-250 crore.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter
India's ace deal-maker explains what allowed him to represent both Dhirubhai Ambani and Nusli Wadia while being on Essar Shipping's board.
Indus Air, a regional airline, has suspended operations from last week, just three months after its commercial launch.
Sources said the DGCA is reviewing tests by the US-based Federal Aviation Administration (FAA) and European Air Safety Agency (EASA) on mobile phone usage on board aircraft.
The existing company is expected to continue as the holding arm of its huge real estate assets.
Road ministry proposes an amendment to Motor Vehicles Act.
Limited capacity addition this year despite burgeoning growth in international travel, easier visa norms for Europe and the US and huge cancellation charges have all led to an unprecedented seat shortage and an increase in ticket prices.
Major shareholders to buy workers' shares in northern gardens.
Slower fleet expansion, fewer new flights could end cheap travel option.
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