Shedding its image of a brick-and-mortar organisation, the Life Insurance Corporation of India (LIC) is all set venture into the digital era.
Electronics major has tied up with Reliance Comm and Tata Tele.
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 Hong Kong-based Hutchison Telecommunications International would record a profit of around HK$70 billion, once the sale of 67 per cent stake in Hutch-Essar is completed.
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 an industry analyst, the telecom infrastructure sector needs over $20 billion, while the passive infrastructure segment needs an investment of over $12 billion.
VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.
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.
Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance
The steel-to-telecom conglomerate Essar group has roped in London-based creative and consultancy firm, Start Creative, to create a new brand identity.
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
The group intends to emerge as a consumer-oriented group, shedding its existing heavy industries tag.
Oriental Insurance Company has bagged the domestic aviation industry's first-ever contract to cover losses owing to fog for national flag carrier Air-India.
The domestic telecommunications sector is likely to get an additional $40 billion in investments by end of 2010, of which $15 billion would come in by the end of 2007.
Reliance Communications is in discussions with American billionaire and financier George Soros to raise funds for the Hutch-Essar acquisition.
Gammon India and L&T were the only bidders left in the fray for the project
Indian is planning to start hedging its international fuel purchase in the wake of spiralling aviation turbine fuel cost that is eating into its profits
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
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