Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
To sell five Boeing 777s, replacing these with cheaper aircraft
In 2011, RB and TTK had dragged each other to court over TTK-LIG, the joint venture set up for manufacturing condoms.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
Tata-SIA will kick off with full-service domestic operations.
AirAsia says deal not violative of shareholder agreement.
The national carrier has drawn a blueprint to cut the number of recognised unions in the airline from 15 to two -- one for pilots and another for the rest of the employees.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
State-owned Air India has approached the ministry of finance for a sovereign guarantee to raise Rs 2,500 crore (Rs 25 billion) from banks, due to the government's inability to infuse all the required funds into the debt-laden carrier, given the current economic conditions.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
The move is likely to impact Jet's operations out of Belgium and India.
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.
Etihad to have 2 directors even if it dilutes stake to 15%
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
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