The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
Based on the Skytrax ranking for 2018, IndiGo is number two among the best low-cost carriers in Asia, behind rival AirAsia.
Five of these have wound up since, according to records of the Ministry of Corporate Affairs
Landmark judgments follow new CJI's assumption of office.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Even Delhi does not have a full-time registrar of chits.
Unfazed by the absence of leaders of the Left, the Janata Dal-United, the Samajwadi Party and the Bahujan Samaj Party, Congress leader Rahul Gandhi and Trinamool Congress chief Mamata Banerjee along with some regional parties on Tuesday sought to put up a united face raising the pitch against demonetisation by demanding the resignation of Prime Minister Narendra Modi.
A summary of sports events and persons who made news on Thursday.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
The first to take off will be Air Pegasus, promoted by Bengaluru-based ground-handling firm Deccor Aviation.
Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good Times', with the board of a company he nurtured into India's largest liquor maker asking him to quit.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
A day after the Delhi high court stayed the release of Gulaab Gang, the film's producers have moved to a larger bench against the order.
Hard to believe that some of these surreal places do exist.
In a scathing attack on the Opposition for stalling Parliament over demonetisation, Prime Minister Narendra Modi on Thursday alleged they were trying to "rescue the corrupt" like Pakistan gives cover fire to terrorists to cross border and said the note ban will expose the kala dhan (black money) as well as 'kale mann' (ill-intentions) of many.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.
In a wide-ranging overhaul of rules to make India an easier, safer and attractive investment destination, Sebi on Tuesday unveiled a new set of streamlined entry norms for foreign investors, while putting in place checks against any wrongdoings by the company promoters.
Saina Nehwal's wish to be in her home team came true as Hyderabad Hotshots bought the Indian star for USD 120,000 but world number one Lee Chong Wei proved to be the costliest, going to Mumbai Masters for USD 135,000 in the inaugural Indian Badminton League's players auction on Monday.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Inter-ministerial group to meet on Thursday to finalise model concession pact.
Amount more than twice the size of Sahara's; collective investment scheme operator has 3 months to return money and wind up.
Rose Valley is one of the biggest money businesses after Sahara.
'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.
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Aseem Chhabra gives us the top films that enriched his year.
The government has provided a long-term vision.
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