The FT stock took a beating, losing 80 per cent in two sessions before recovering. Though in an exchange announcement following the government's missive on July 12, FT identified NSEL as a material subsidiary, rumour mills contemplated two possible transactions: a sale between May 30 and June 30 which had led to the subsidiary becoming an associate and another transaction between June 30 and July 15 when the associate again became a subsidiary.
National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
The US-based auto maker told the government an internal probe had revealed the company had violated testing targets
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
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The ministry would access data on all the tickets sold by different carriers under various price brackets and then analyse the data to give an indication of exactly how many tickets were sold under each price slab.
Udayan Mukherjee, who stepped down earlier this week, was the first full-fledged market commentator Indian business television knew of.
Chief executive Giorgio de Roni explains to Business Standard the merit of GoAir's cautious approach.
Growing trade and commerce in the region could support passenger demand
The temples committee has already posted a request to devotees on its website to contribute towards the rebuilding.
Defending its decision to raise the number of seats under the India-United Arab Emirates (UAE) air services pact, the Civil Aviation Ministry, in a note to the Cabinet Secretariat and key ministries, has said no additional points of call have been allowed to the Gulf country.
Move is aimed at bringing private operators to run airports.
UAE's promise of $50-bn investment in Indian infra won't be included.
On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
A key road connection between Srinagar, the last major town on the banks of the Alaknanda, and Rudraprayag, the junction where the roads to Badrinath and Kedarnath diverge, was broken on Monday night, following heavy downpour and landslides.
Just outside the Sashastra Seema Bal Academy campus, an entire colony, Shakti Vihar, which locals say had 100-150 houses, lies buried under the sand. Srinagar is counting its losses after the raging Alaknanda river destroyed much of what was located on its banks on the night of June 16.
In the India-US sector, for instance, Air India operates 15 stopover flights between Mumbai and Chicago, and Mumbai and New York
Two major hydel projects being built by construction majors GVK and L&T have suffered severe damages in the floods which hit Uttarakhand last week.
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