Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Kingfisher has faced lawsuits from GMR and GVK-group run airports and also faced cases of cheque bouncing.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
Union says move to privatise four more airports violates Tripartite Panel recommendations that govt accepted long back
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Analysts attribute this outperformance to the government's proactive economic reform measures
A ministry spokesperson said he wasn't aware of the development.
It is likely the airports - Chennai, Kolkata, Kochi, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati - will be bid out for 30 years and the tariffs will be fixed upfront.
The project cost was pegged at Rs 4,766 crore (Rs 47.66 billion).
Conglomerate has become the first corporate house in India's history to adopt a historical monument, in a Rs 250 mn contract spanning five years.
Seven students were made international offers.
DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
Govt has allowed transfer of clearances granted to the previous allottees to new owners.
So far this year, there have been 76 private equity investments in India
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
Telugu Desam Party president N Chandrababu Naidu was sworn in as the first chief minister of new Andhra Pradesh at a function at Nagarjuna Nagar, 18 kms from Vijaywada on Sunday.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
Oil and Natural Gas Corporation, Hindalco Industries, Tata Steel and Vedanta were down up to 70 per cent below their one-year highs.
Senior Board of Control for Cricket in India vice-president and top DDCA official CK Khanna has been kept out of the two primary committees that will look into the organisation of the International Cricket Council World T20 matches at the Feroz Shah Kotla stadium.
The Bollywood actress and businesswoman co-owns the Indian Premier League (IPL) side Kings XI Punjab and has now expanded her cricket empire to include the Stellenbosch Kings in South Africa's newly-launched T20 Global League.
Tata Group's Chairman Emeritus Ratan Tata said corporates who are eager to please the shareholders need also to focus on social issues such as these.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Assets that are on the block include loans, proprietary bond and equity investments.
President Xi Jinping has appealed to Chinese tourists not to leave a bad reputation behind, and eat fewer cups of instant noodles while travelling abroad. "Do not litter water bottles everywhere. Do not damage coral reefs. Eat less instant noodles and more local seafood," the China News Service quoted Xi as saying in Maldives this week.
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
With Indian infrastructure companies burdened with debt, global PE funds and developers sense an opportunity to buy the airports cheap
These include Great Eastern Energy Corporation and Shemaroo Entertainment.
Union ministry of home affairs changed its mind and gave bid clearance for Hiranandani Developers and its consortium partner, Zurich Airport
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
For debt-laden companies, asset sales is an obvious solution.
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