In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There are more of them now and the total value of such companies--out of reach for small retail players--may surprise you. Shares topping the five-figure price mark were rare ten years ago. A look at March-end figures across the listed universe in 2011 shows only one such share. There were two by 2013.
The I-T Department has moved the SC against the ruling by a quasi-judicial body, which held that foreign firms are not liable to pay tax on assignment amount charged from their Indian subsidiaries if contracts are signed outside India.
Given the rising levels of pollution, air purifiers have now become a necessity. Manavi Kapur and Veer Arjun Singh check out some of the options in the market.
The IAF is down to 34 squadrons. This will dip to 30 squadrons by the end of this decade, as nine squadrons of MiG-21 and MiG-27s retire.
US-based global tech giants, including IBM, Amazon, Google and Microsoft, have partnered with the White House to "unleash the power of American supercomputing resources" for combating the novel coronavirus, President Donald Trump has said. From volunteering to manufacturing masks and ventilators to ramping up production of essential medical supplies and general items, the country's private sector have joined America's war against coronavirus in a big way, Trump said on Sunday, while launching a new public-private consortium organised by the White House, the department of energy and tech company IBM.
There is more concern among US businesses now about investing in India than was a few years ago
The report said that out of them, six are generation companies, 11 distribution firms and one transmission entity. The process of privatisation is being handled by Nigeria's Bureau of Public Enterprises (BPE).
The US is working with India for developing three smart cities --Visakhapatnam, Ajmer and Allahabad
A quaint Indian idea called face value is putting high-performing companies out of the reach of retail investors, observes Debashis Basu.
Finance Minister Pranab Mukherjee is leading a high-powered team of policymakers, including Commerce Minister Anand Sharma and Planning Commission Deputy Chairman Montek Singh Ahluwalia at the India-US CEOs Forum.
British Prime Minister David Cameron's recent comments in Bangalore on the "export of terror" by Pakistan have enormously pleased the Indian strategic establishment, but the fact is that India is already gearing up for the November visit of US President Barack Obama and is keenly aware that there is nothing like a defence deal to sweeten the mood.
Bijoy Thangaraj, 23, a software engineer working for the Honeywell Technology Solutions in Bangalore, won the award for his three minute video titled 'My Culture + Your Culture = World of Wonder', the State Department announced on Tuesday. Held by the state department's Bureau of Educational and Cultural Affairs, the contest was co-sponsored by the Adobe Youth Voices initiative of the Adobe Foundation.
Among the areas of cooperation would be education, science and technology. The meeting would be co-chaired by Tata Sons chairman, Ratan Tata and David Cote, chairman of fortune 500 Honeywell. Tata heads the 12-member Indian delegation to the CEO Forum while Cote leads the US side.
Sophisticated security-related electronics are expected to flood the domestic market after the Mumbai terror attacks.
The C919 - a twin-engine, narrow-body aircraft seating up to 174 people - is similar in size to the Airbus 320.
'This is a huge step in promoting the 'Make in India' mission as this bio-fuel would be produced from Tree Borne Oils sourced from tribal areas and farmers.'
Major IT firms such as Tata Consultancy Services, HCL Technologies, Infosys, Cyient, and L&T Technology Services have direct exposure to Boeing or its suppliers' ecosystem, which comprises engine manufacturers, body suppliers, and avionics providers. These firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme.
The average Rs 6,20,000 per annum salary was significant, considering the 30-40 per cent annual incrase in the talent pool of the top 50 companies, a nation wide survey by IDC India for Cybermedia's flagship publication Dataquest said.
The acoustic pingers on the missing Malaysia Airlines plane's two black boxes were due for overhauls and battery replacements in 2012 but were never returned to their manufacturer, according to a media report.
'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
The four-day event, which will conclude on March 11, saw many foreign aircraft companies display their flying machines. Rediff.com's Venkata Sathish gives a preview.
According to a White House pool report, Trump referred to Nooyi as one of the "most powerful" women in the world.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
The list was topped by Oracle's Larry Ellison last year.
While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Big data analytics is an expertise that offers actionable insights and is a confluence of a host of specialisations, including mathematics, science and social sciences.
HAL's HTT-40 aircraft have outperformed both Swiss Pilatus planes and the IAF's performance criteria. Why then does the IAF prefer the Pilatus to the HTT-40?
Top firms get GST notices on credit claims on Friday; replies sought within hours.
The secretary defence production wants to make India (currently the largest importer of weaponry) one of the world's top five defence manufacturers and a global leader in artificial intelligence and cyberspace.
