The city will be the 10th destination for Vistara.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
A 51-year-old Uber cab driver was murdered allegedly by two juvenile passengers who dumped his body at an open field in west Delhi's Mundka area, the police said on Friday.
Nova's new owner has decided not to pursue this project.
South Africa missed a penalty and conceded an own goal as top-ranked Algeria came from behind to win 3-1 in their African Nations Cup Group C game on Monday.
Pakistan reached 142 for four wickets before play was abandoned due to rain after tea on day one of the second Test against Australia in Melbourne on Monday.
Vistara has a three-class configuration with business, premium economy and economy cabins.
Mukesh Ambani, chairman of Reliance Industries, and Subroto Roy, chairman of Sahara Group, are reportedly bidding for a 51 per cent stake in Liverpool football club -- one of the most successful clubs in the history of English football.
Liverpool is presently owned by American duo George Gillett and Tom Hicks, who acquired the club in February 2007.
A 51-year-old woman died of swine flu at a private hospital in Delhi, doctors said on Friday.
A Reliance Industries spokesman denied reports that its chairman Mukesh Ambani is bidding for a 51 per cent stake in Liverpool football club.
Key shareholders of low-cost airline SpiceJet have rejected an offer by the Reliance ADA Group to pick up a 51 per cent stake in the airline for Rs 40-45 per share. The offer was made last week.
A pathetic India could not salvage their lost pride and sunk to a 12-run defeat against South Africa to end their miserable Twenty20 World Cup campaign on a losing note at Nottingham on Tuesday night.
SpiceJet on Wednesday said none of its stakeholders were interested in selling stake in the leading no-frills carrier now.
Karthik's gem of a cameo got him 29 off 8 balls with two boundaries and three sixes -- the last of them which will be forever be etched in the memory.
The deal size could be in excess of Rs 2,000 crore, though this could not be verified. Sivasankaran had invested close to Rs 1,800 crore in 2007 to take a 41 per cent stake in Aamby Valley. The Sahara Group is the majority investor, with a 51 per cent stake.
Already with a presence in Kenya's telecom sector through a brand called 'Yu', Essar is looking to strengthening its foothold in the rapidly growing African market.
American Tower bulks up in India with $1.2 billion Viom stake buy
Uttar Pradesh Chief Secretary Atul Kumar Gupta has tendered a 'sincere and unqualified apology' to the Supreme Court for allegedly going ahead with the construction of the Rs 2,600-crore memorials and statues of Dalit icons, including Chief Minister Mayawati, in Lucknow. In a 51-page affidavit, Gupta, while strongly denying any defiance of the SC's directions, said he has the highest respect for the apex court and was 'duty bound to comply' with its orders.
Satyam on Thursday closed registrations for potential bidders as it began a process to sell 51 per cent stake in the company, which is caught in the country's biggest corporate scandal. The board will make the financial and legal data available to those shortlisted companies who will qualify in the EoI criteria.
Nishriin Parikh, a 51-year-old fitness enthusiast, wants to inspire youngsters into taking their health and fitness seriously.
"That plant has a high cost of production and it is not feasible to operate it when aluminium prices have dropped significantly," said a company executive. It has started reducing output and full closure is expected soon. Aluminium prices fell to $1,251 a tonne on the London Metal Exchange from last July's all-time high of $3,271, as the global credit crunch and economic slowdown curbed demand for the base metal. On Wednesday, the metal's LME price was $1,421 a tonne.
Saina Nehwal made a disappointing return to the court, crashing to a first round defeat in the Japan Open Super Series badminton tournament in Tokyo on Wednesday. However, P Kashyap kept Indian hopes alive by advancing to the pre-quarter-finals.
Four personnel were also injured in the Naxal attack and two of them were stated to be critical.
What does India need to do to realise the full potential that information technology and outsourced business services?
The government is understood to be in favour of selling a 51 per cent stake in the beleaguered Satyam Computer Services, so that the ailing firm can raise sufficient funds to meet its working capital expenses and liabilities from the class-action suits.
Housing Development and Infrastructure, country's third largest listed realty developer, has forayed into entertainment, power, oil & gas and broadcasting, among others, either directly or by acquiring stake. The company recently acquired a 51 per cent stake in Broadcast Initiatives, promoted by Sri Adhikari Brothers. Sarang Wadhawan talks about his company's plans and projects in an interview with Business Standard.
The government-appointed board of Satyam Computer Services will meet on Friday to scrutinise the bids for a 51 per cent stake in the company and decide a schedule for completing the selection process.
IT-BPO exports grew at a compound annual rate of 31.6 per cent in the boom years 2004-08. But the rate fell to 16 per cent last year (2008-09) and is likely to be in single digit in the current year.
Full-service airline Tata-SIA, submitted its application for the grant of Air Operator's Permit (AOP or flying license) in April.
iGate had in a statement on Friday evening said that it had dropped its bid for Satyam on 'further analysis'. Clarfying his stand last week that iGate would be keen to bid for Satyam at an offer price of below 90 cents a share, Murthy said, "Had we decided to pursue the bid, the share price would have had no bearing on our offer price as we would have bid at a price we thought was a fair valuation."
The JV was expected to open 56 exclusive high-end stores for the four focus brands, Miss Sixty, Energie, Killah & Murphy&Nye, in the top 10 cities in the first three years. As per the original plans, Darshan Mehta president and chief executive of Reliance Brands, was to spearhead the JV with separate business heads for each of the four brands.
Slowly but surely Andy Murray is scratching his name alongside the all-time grasscourt greats on Wimbledon's hallowed lawns.
Satyam Computer Services Limited has commenced a competitive bidding process, which contemplates the selection of an investor to acquire a 51 per cent equity interest in the troubled IT services company.
In the case of Satyam Computer Services, L&T had acquired 8 per cent stake after the company's founder B Ramalinga Raju admitted to fraud, and had demanded representation on the company's board. The plea, however, did not find support. The promoters of Maytas had pledged shares with the two institutions and Sicom to raise funds.
Defending champion Saina Nehwal inched closer to retaining her women's singles title, while other top Indian shuttlers, including P V Sindhu, also made it to the semi-finals of the $120,000 Syed Modi International Badminton tournament.
To his die-hard cricket fans, Sachin Tendulkar is 'God', something a tribal village in West Bengal swears by after the Rajya Sabha MP intervened to fund the reconstruction of a 51-year-old neglected school.
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As per the FIPB agenda, the proposal will be taken up on October 18.
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