Manufacturers of electric vehicles (EVs) have been lukewarm to the ad hoc subsidy scheme announced by the Centre for them. Sector majors have not been enthused by the lower level of incentives in the scheme, which has replaced the flagship Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles-II. Moreover, increased stringency in claiming subsidies and delays in disbursement have been cited by several original equipment manufacturers (OEMs).
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
The airline dropped fares to gain customer load, but failed to cover the cost of its flights
India ranks 83, among 166 countries, in spending on mobile rates
This was good enough for Fernandes to hire Chandilya to lead his India business.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
Govt moves to bring in more clarity on definition of 'control'.
Tata said that their exposure in the airline was merely a "financial investment", does not represent a major re-entry into the airlines business.
The draft report of the Public Accounts Committee (PAC) of Parliament is understood to have asked the UPA government to quantify the loss to the exchequer from the 2G scam and recover it from companies that benefited from this.
Both Long Term Evolution Time Division Duplex and Worldwide Interoperability for Microwave Access are broadband wireless access technologies.
DIPP's proposal is believed to have the support of the ministry of consumer affairs, food and public distribution and was originally mooted by the Forward Markets Commission.
National Aviation Company Ltd, which runs Air India, has reshuffled its executive directors and created a new designation of ED (marketing).
The ministry of corporate affairs has begun prosecuting directors of Kolkata-based Balrampur Chini Mills, India's second-largest sugar company, for not complying with accounting standards and Schedule V1 (Section 211) of the Companies Act. The prosecution has been initiated after inspection under the Companies Act.
An attempt to unravel the method in Anil Ambani's madness as he hopes to build leadership in entertainment.
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