SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
This is an exceptional case of extension beyond the 330-day limit under the insolvency and bankruptcy code.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Tata's Vistara has a very strong core team to look into daily operations.
About 2,000 Indians are living in Iran, a country that has witnessed increasing numbers of coronavirus cases in the last few days. According to latest reports, 237 people have died of the coronavirus infection in Iran while the number of positive cases stands at around 7,000.
'Everyone says never waste a crisis.' 'When we went into Covid and we were in total lockdown, we were at work.' 'The planes were not flying and we wondered what to do.' 'We looked at each of our performance metrics -- what are customers complaining about, how do employees feel, how do investors feel?'
Vistara needs to launch more aircraft into service.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.
The DGCA is conducting special audit of all airlines and airports which are in monsoon-affected areas in the wake of multiple landing incidents across the country.
After some initial take off turbulence, Gopinath is now actively steering the air cargo business steadily with equity infusion from Reliance Industries.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The number of Indian passengers has jumped more than 20 per cent in the past year
Jet Airways is keen to improve its market share
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
The group, comprising on 147 women and 20 men, were airlifted by an Air Asia chartered flight from Kochi to the Biju Patnaik International Airport in Bhubaneswar.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
The air carrier, which currently operates 47 flights a week, is also planning to tie up with a credit card service provider to integrate the Miles and More programme.
Prithviraj Chavan will inaugurate the elevated road linking the western express highway to T2 on Wednesday morning.
'Ex-servicemen engineers and technicians are true professionals worthy of being 'Make in India' agents. They can be trusted to bring long term dividends -- it is in their character to be long term loyalists!' says Air Marshal P V Athawale (Retd).
They also inked a pact for cultural exchanges through 2018-2020.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
After a meeting of the Group of Ministers on coronavirus, the government has proposed a set of social distancing measures to be in force till March 31, the officials told reporters.
On Thursday, four members of the Hindu Sena, a fringe right-wing group, ransacked the fifth floor office of Pakistan International Airlines in New Delhi.
Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
Incumbent airlines oppose the proposal.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
SpiceJet announced discounted fares on domestic sector.
Vistara will have to face stiff competition from Jet Airways, AirAsia
TCS still ace in the pack
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
