With major predictions of a deceleration in domestic air traffic, airlines are lowering seat capacity by reducing the number of flights or dropping fares in order to fill up their seats. They have also begun the process of reducing the number of aircraft that they were planning to to induct in their fleet as part of their expansion plans. Management consultancy firm Ernst & Young recently estimated that domestic traffic would grow by 24.16 per cent this year
The report, which took into consideration 57 parameters before arriving at the conclusion, said between Delhi and Greater Mumbai, the national capital takes the lead on city prosperity index due to its lower population and higher per capita income.
Italy beat Portugal 3-1 on a night of friendly matches between Euro 2008 rivals that left tournament co-hosts Switzerland and Austria among the losers.
Three second-half goals helped Spain reach the European Championship final for the first time in 24 years, setting up a meeting with Germany in Sunday's decider.
Top financial professionals of India Inc are keen on converging to global accounting norms and want the present ones to be aligned with either the International Financial Reporting Standards or the US GAAP.
The study was commissioned by the Forum of Indian Regulators -- a body which is open to all regulators but currently dominated by power regulators.
Private equity investors are in talks with the Wadias for acquiring minority stake in GoAir.
Indian bourses saw over $8 billion worth of initial public offers in 2007, but this is just a shade higher than the world's single-largest IPO that was brought by a Russian company.
India has been rated as the second most largest foreign investor in the UK by consultancy firm Ernst and Young, acknowledging India Inc's growing competitiveness and willingness to take up global challenges.
The Corus Dutch Central Works Council (CWC), an advisory body established to promote the interest of Corus Nederland and its workforce, has appointed Ernst & Young to examine the future financial implications of Tata Steel's acquisition of Corus.
The funeral will be held at temple Emanu-El in New York City, it has been revealed.
The suit alleges that Acosta and CNN's First and Fifth Amendment rights are being violated by the ban.
Trump said it is 'very, very important' to have offensive capability, as well as defensive capability that's within the schools.
Iran-Pakistan-India gas pipeline project has been found technically possible but its economic viability will depend on the price at which Tehran sells the fuel, said Minister of State for Petroleum and Natural Gas Dinsha Patel.
The over $7 billion Iran- Pakistan-India gas pipeline project has been found to be technically feasible but its economic viability will depend on the price at which Tehran sells the fuel, the Centre said on Tuesday.
Sources close to the development said the chairmen of both banks would meet shortly, after which the matter would be taken up by the respective boards and employees would be consulted.
Indian start-ups are likely to experience a fillip as around 40 US venture capitalists and private equity holders have already lined up $400 million to invest in the country.
Here's a glimpse of all that happened around the world last month, in 14 images.
The Trump administration has called Maduro a "dictator" and issued sanctions against him and more than two dozen other former and current officials, accusing Maduro's government of violating human rights and undermining the country's democracy.
The carrier, which is owned and promoted by Jeh Wadia, has been valued at $314-400 million by private equity investors. At 28 per cent, the value of the proposed investment is expected to be $88-112 million.
Sipika Singh switched careers from being a senior consultant with Ernst and Young to a regional marketing role in the pharma major, Novartis in Singapore.
Of the respondents, 61 per cent avoided investing in companies which lack a risk programme, while 48 per cent actually de-invested from firms where risk management was insufficient.
Amalgamated Plantations, the company to which the Tatas will transfer its NIPO business, covers the company's 20 plantations in Assam and five in Dooars (West Bengal) covering 24,000 hectares.
"I don't believe in apocalyptic -- until the apocalypse comes. I think nothing is the end of the world until the end of the world," said the US President.
Obama said these young scientists and engineers teach something beyond the specific topics that they're exploring.
Global professional services firm Ernst and Young said on Tuesday it will induct Suzlon Energy Chairman Tulsi Tanti in its World Entrepreneur of the year Academy on June 3 in Monte Carlo, Monaco.
50 PE players rate the Indian real estate sector as an 'attractive' destination and 79 per cent of them feel that India is a 'very good' or an 'excellent' investment destination compared to other Asian countries.
Factbox on Jose Mourinho, who was named manager of Tottenham Hotspur on Wednesday
The pace of privatisation of the Indian healthcare segment is expected to be the fastest in the coming years.
The recommendation from E&Y has been made even as its own role in clearing the original bid has come in for censure.
No matter how supportive your organization might be, coming out to your colleagues is not always an easy process.
With global investors buying into the India growth story, the size of private equity deals in the country has doubled in the last two years.
Global IPOs raise a record $246 billion in 2006.
Ruias have rights to tag along with Hutch in any sale.
He said Clinton takes 'all those days off' and then 'she can't even make it to her car'.
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