Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
According to industry data, for two months, sale of the Zest (7,359 units) were higher than that of Amaze (6,792 units).
There are rumours that Ajay Singh who previously headed SpiceJet may get an investor to bail out the airline of dire consequences.
Ministry sources say investors are looking at pumping in around Rs 1,100 crore
The Forbes magazine had adjudged Maran as the 38th richest man in India, with a net worth of $2.3 billion (as of September).
While fares on the Delhi-Mumbai route have risen 45 per cent, Delhi-Bengaluru and Mumbai-Bengaluru tickets are priced 57 per cent and 42.5 per cent higher, respectively.
In what could be one of the largest launches in the telecom services space, Reliance Jio Infocomm is set to roll out its 4G LTE services in 800 Indian cities between April and June next year.
Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.
The proposed Road Transport & Safety Bill, expected to soon be cleared by the government, has for the first time incorporated clauses to bring companies such as like Uber, termed "aggregators", under the ambit of regulation.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
According to a senior Tata Motors official, the company is taking aggressive steps to correct its product portfolio, with a more 'cleverly defined and targeted strategy'.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
He has drawn fresh strategies to take his businesses to the next level.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
Hyundai's entry-level Santro still packs a punch but, flanked by spunkier siblings, seems worn out.
The number of matches in the tournament will come down by 44 per cent, from 60 to 34, if the tournament is played among six instead of eight teams.
Zest buyers are forced to wait up to six weeks for the automated manual transmission version, available only on this car in the compact sedan segment.
Two in every five Celerios being sold by Maruti are now equipped with the AMT technology.
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