Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimitris Stratoulis also voted against the package.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
Desperate times need desperate actions, and the BJP's only option is to enforce legislation to build a Ram mandir, says Sunil Sethi.
JetLite is the new brand name of Lucknow-based airline Air Sahara after Jet Airways acquired it for Rs 1,450 crore in April this year.
What will a split in the AIADMK mean for Tamil Nadu?
Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Mukesh Ambani-controlled Reliance Retail is planning a second-hand car market venture on the lines of Maruti's True Value and Mahindra's Automart.
DaimlerChrysler India on Friday announced the launch of the latest edition of its S-Class diesel, the S 320CDi L, and the premium Mercedes-Benz CL-Class, for the Indian market at the Brand Showcase in Mumbai.
Instead of announcing new schemes, focus will be on those already announced and key sectors.
After a nationwide 'lifestyle survey' on sale of expensive home theatres, plasma TVs, modular kitchen, watches and pens, the income tax department has started sending 'polite' letters to buyers, asking them to file returns of their income.
Morbi has evolved from scratch to the second largest tile manufacturing cluster in the world in just 18 years.
Air Sahara is believed to be in the process of signing a deal with Boeing for acquiring new aircraft, even as negotiations are on by mediators to resolve the Jet-Sahara dispute
Real estate will prosper, small developers won't.
While India allows 100 per cent FDI in a large number of the sectors, there is a ceiling on foreign investment in sensitive segments like multi-brand retail, insurance, defence and telecom.
Suzuki Motor Corporation, Japan, on Thursday said it has filed suits in the Delhi High Court against ten companies for using the brand 'Suzuki' as trademark or part of their corporate names.
The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax
The company shut its factory on June 3, which ironically was also World Bicycle Day. It laid off its 431 remaining employees, but the company insists they continue to be on its rolls and will be paid "lay-off wages" upon marking attendance daily.
Though reward points should not be a primary concern while opting a credit card they do hold some monetary value. Be sure to redeem your points on time and make the best use of your card.
Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
Baba Ramdev may be controversy's child, yet he has a fan following not just in India, but almost all over the world. Sanjeev Nayyar recounts why he is fida about Patanjali products.
With Pakyong now usable by AN-32s, the Indian Army can quickly move soldiers, weapons and supplies to this highly sensitive sector, which includes flashpoints like Doklam, Nathu La and the Siliguri Corridor.
The combined sales of the branded versions of the products in the US is about $3.5 billion.
The parties have jointly applied to the Delhi high court, requesting that it accept their agreed terms of settlement, subject to such further orders as the court sees fit, it said.
Ever since the deal was announced of Walmart spending over $16 bn for a 77 per cent stake in Flipkart, the road to the takeover of India's biggest online marketplace has been quite bumpy
Starting from a team of part-time workers to an employee base that exceeds over 3,000, Wildcraft has come a long way
The dollar bond market has been a favourite for Indian firms in 2014.
Cybersecurity is a great opportunity for you to start your career.
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
