An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact
The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
The facts remain cloaked in mystery, but the legend goes that Talpade had created a flying machine powered by mercury and solar energy, and based on ideas outlined in Vedic texts.
She said the Centre is allowing demonetised notes in various sectors like railways, aviation, petroleum, etc but not for state government sectors.
Indian roads are far more unsafe than its railways. A sense of urgency is required to tackle India's embarrassing record on road safety.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
High taxes on the jet fuel, which goes up as high as 40 per cent in some states, coupled with higher airport charges in the form of user development and airport development fee, which have cascading effect on the air fares, have had a negative impact on the domestic passenger demand in India.
Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.
IndiGo's ascent is not without its risks, however.
Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
Having invested close to $15 billion in Indonesia, Indian firms have lined up further $15-16 billion investments.
The armed forces are quite happy with the attention paid to their concerns, reports R S Chauhan.
The Central Bureau of Investigation on Wednesday registered eight more preliminary enquiries in connection with issues related to intercepted phone calls of lobbyist Niira Radia against former Jharkhand Chief Minister Madhu Koda, Reliance Industries Limited and others in separate cases.
Taking on the Congress over the Rafale deal, the defence minister asserted that 'there is something different between defence deal and deal in defence.'
With the Rafale fighter deal stuck over price negotiations, can the prime minister step in and find a way out for both countries?
NSA Doval, defence top brass brief Union ministers on the deal to help them counter Opposition charges.
The two leaders enjoyed the sunshine with a walk in the grounds of Schloss Meseberg, an 18th century Baroque castle in the Brandenburg district of Germany.
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
'Lending to Mr Mallya was the bankers' season ticket to corridors of power and glamour. Borrowing from them was like a favour Mallya did to them,' says Shekhar Gupta.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
IRCTC has four Rail Neer plants.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
Sensex ended strong, Tata Steel, HUL climb higher.
A ministry spokesperson said he wasn't aware of the development.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
The events of September 24 have not only earned the country a whole lot of interest but also showed the world how a lot more can be accomplished with a shoestring budget.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
Downplaying the allegations made by the Congress and former French President Francois Hollande's statement that the Indian government played a role in finalising Reliance Defence as Dassault Aviation's offset partner, Finance Minister Arun Jaitley on Sunday said that some statements are made to create controversy and these do not have credibility. In an exclusive interview to ANI, Jaitley added that circumstances and fact prove these statements wrong.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Many of the industrialists profiled in the book are no longer riding the wave of success.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
E-auaction cannot totally end corruption in the system.
The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
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