Air Cargo Express, with its dedicated fleet of ATRs, is also supposed to start operations this year. Reliance Retail is also considering starting a cargo airline for its supply chain.
The high profitability of India's corporate sector should buffer the costs of rupee appreciation.
More and more domestic companies are setting up business process outsourcing units in district headquarters, tier-III cities and non-IT clusters to save on real estate costs and stem attrition rates.
Even if no statistical jugglery is afoot, only to warn that the 'noise' in the numbers should be eliminated in order to hear the underlying music, without distortion, warns T N Ninan.
Nashik district, an Agri Export Zone (AEZ) for onion, grapes, keshar mango, pomegranates and flowers, is fast becoming the source of agri goods for retail companies such as Subhiksha and Reliance Retail.
Come 2015, two out of every seven people in the world will have a personal computer, with India, China, Russia and Brazil emerging among the fastest growing markets.
Tabloidisation seems to be working for Hindi news channels, fetching them viewers and advertisers.
Today, an engineer from an average college can easily land an IT job. What about the biotech graduate, asks Rashmi Bansal?
A move by the Kerala state government to set up a Smart City at Kochi has triggered off a fresh rally in real estate prices in the central districts of Kerala, especially in and around Kochi.
The delivery channel of India Post is being utilised primarily for small towns and cities.
The turnover of commodity exchanges in 2006-07 financial year is likely to touch a whopping Rs 37 lakh crore (Rs 37 trillion), according to the data from Forward Markets Commission.
American Sam Querry became the latest Wimbledon giant slayer on Saturday as he beat defending champion Novak Djokovic 7-6(6) 6-1 3-6 7-6(5) in the third round. The defeat ended Djokovic's run of winning 30 consecutive grand slam matches. The world number one had arrived at the All England Club as the reigning champion at all four grand slam tournaments.
He will be remembered for mustering the courage to take on former chief ministers and the state's political heavyweights M Karunanidhi and J Jayalalithaa in the political arena on his own terms and also hold his own against them.
This enterprising duo sell tea from the boot of an Audi.
India's HS Prannoy showed nerves of steel, advancing to his third successive quarterfinals at the World Championships.
IT software and services sector firms continue to be on a roll and very much on track to meet the $60 billion exports target by 2010.
Even as India Inc lines up billions of dollars to invest in the country's retail sector, murmurs have arisen of fuzzy revenue models and a possible capacity glut.
India's apparel exports may hit the $10 bn mark, courtesy quotas on China.
Self-indulgence is the new motto of the uber rich as more foreign luxury brands announce their presence in India.
Sleep has been a casualty for Vijay Shekhar Sharma, whose wallet company Paytm has a user base of close to 150 million and is working 20 hours a day.
'On the set, Ranveer and I got along really well. Ten days after the release, Ranveer messaged me and said, you have killed the scene! For someone like him to message me just says how supportive person he is of newcomers.'
Lyon surprised virtually everyone in the ground when he hobbled out to bat at number 11
Pay healthy advance tax, but can't make up for large companies' volumes.
Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.
As the last three months of a year form the peak season for travel and leisure holidays, the country will also witness room rates rising by 10 per cent and airlines doubling fares on popular routes.
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 lakh crore milestone.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
IMAGES from the Australian Open Men's semi-finals played on Friday.