India will soon have a dedicated global facility to convert passenger airplanes to cargo planes, with state-run aerospace major Hindustan Aeronautics Limited planning a full fledged conversion centre for Boeing aircraft
For the first time in the Indian aviation history, an airline company is going to cover its losses occurred due to foggy conditions during the upcoming winter season.
The government has extended the tenure of Vasudevan Thulasidas as chairman and managing director of Air-India. The tenure of Thulasidas, a 1972 batch IAS officer from Manipur-Tripura cadre, was coming to an end on Thursday.
The Telecom Regulatory Authority of India may look at excluding SMSs while formulating a policy on unsolicited commercial calls.
CNN-IBN, the 24-hour English news channel, is planning to tap the capital market with its Rs 105 crore (Rs 1.05 billion) initial public offering. The maiden float is expected to hit the markets early next year.
The soap operas of Ekta Kapoor and Ravi Chopra are likely to be axed to make way for Kaun Banega Crorepati-III because Star Plus intends to reserve the one-hour primetime slot for the show that will be anchored by Shahrukh Khan.
Avani or SpiceJet: which is the love of his life? For Ajay Singh, that's a tough one to answer.
Domestic airlines are keen to bring China into their network as the latter is set to become the country's top trade partner in the coming years.
IT major Tata Consultancy Services has bagged the contract to implement end-to-end solutions for national flag carrier Shipping Corporation of India.
At the moment Concor, a public sector company controlled by the railways, has a monopoly in running container trains across the country. It offers ferrying rates to carry containers that are one-third of that on roads.
The Indian IT industry's ambitions of becoming the primary destination for legal process outsourcing may fall short as myriad issues ranging from dearth of professionals to lack of cost arbitrage would clamp it down.
Independent Mobile Infrastructure Mauritius Ltd, a telecom infrastructure provider, has sought the Foreign Investment Promotion Board's approval for investing up to Rs 3,000 crore ($674 million) in India.
"The new aircraft have anti-fog devices, but installing these in older planes is costly," the Airports Authority of India sources said.
Domestic companies are also not far behind and are in an expansion mode through the inorganic route.
The government has mandated that all telecommunication companies in the country move over to 5-digit SMS
India will have its tenth domestic passenger airline operating feeder routes from December 14.
Budget carriers say no to full cost airlines' proposal to up rates.
Cut-throat competition in the India-UK route has taken its toll on the UK's second largest full service scheduled airline bmi (British Midland).
Videocon Industries Chairman and Managing Director Venugopal Dhoot told Business Standard the company had already started production of PCs -- 3,000 a month -- at its Taratola facility in Kolkata.
Sources close to the development said the Tata group had registered revenues of around Rs 1,100 crore from the defence sector in 2006.
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