The airline dropped fares to gain customer load, but failed to cover the cost of its flights
'At least three top bureaucrats have been declared guilty in recent years in connection with scams where they had no pecuniary benefit.' 'But in the telecom case, a money trail is declared irrelevant because no scam has been proved in the first place.' 'Fair enough; so we must punish illegality without criminality, but ignore possible criminality as suggestive of illegality,' points out T N Ninan.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
ONGC was the top performer while private banking major ICICI Bank extended gains
The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
Even within China, economic slowdown and stiffer competition may hit growth.
'In India, most funds have one or at most two platforms, but we are the only one which has four -- growth equity practice, real estate practice, a special situation and credit platform, and infrastructure.'
LG, Panasonic: Making in and for India LG and Panasonic are looking to revive their fortunes in India by building local insights into their new products.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
A loyalty programme, same-day delivery and repeatability are driving EkStop's business but scaling up and addressing competition are vital.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Sensex ends belowe 26,800 on domestic concerns.
Dr Manjiri Bakre's OncoStem is revolutionising breast cancer treatment. And has raised $6 million to do more!
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Airtel rolls out fourth-generation (4G) data service across 296 cities.
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
AND, W, Biba step up their game worldwide. While global brands go all out to woo India customers.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Financials were the top losers after sharp gains in the previous session along with ITC
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
If India has more billionaires than before, it is because the Indian economy began to look more attractive to FIIs, notes T N Ninan.
Since the beginning of its sales in India, French MPV Renault Lodgy has always faced stiff competition from Toyota Innova as the ultimate people's mover.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. It is finally set to hit the India roads but the challenge of creating a new category in the competitive automobile market has only just begun.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Sensex ends in green, bluechips in spotlight.
'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
Audi sold 10,851 units last year, higher than Mercedes-Benz, which sold 10,201 units.
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
The broader markets, however, outperformed their larger peers.
