Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
DLF has launched a mega discount sale of its properties.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Practo is an online health service platform which assists patients to meet the best doctors and keeps digital records.
The market breadth in BSE remains healthy with 1,829 shares advancing and 721 shares declining
Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
In August, RBI allowed 11 business houses to start a payments bank.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
King Salman and Narendra Modi will find common ground to intensify cooperation against jihadi terrorism, says Tarun Vijay, MP.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Ajit Balakrishnan on mapping the Business Serengeti.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
Drivezy is helping people share their vehicles.
A number of countries allow you to become citizens by investing in government-approved projects or real estate or by buying bonds.
Before you take the leap, get your financial house in order
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
The KYC parameters now include declaration of the gross annual income or net worth.
Indian property markets are not in the pink of health.
'I found my motivation in the fast emerging mobile market.' 'Nokia's biggest mistake lay in its stubbornness to change.' 'It's important to understand the pulse of the people It has been a long journey for Md Gyasuddin, Hitech Mobiles MD.
A large number of companies, either based out of this eastern state or having a significant presence there, are being probed for running illicit 'collective investment schemes', while penal action has already been initiated by Sebi against over 20 other entities from the region.
Few top honchos of India Inc did very well in 2014.
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Renewable energy is mistakenly restricted to electricity.
Depending on your liquidity requirement, invest in the right debt instruments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
Japan has the capital and needs to pull out of China, which has been its major destination. India, on the other hand, desperately needs capital especially for infrastructure, argues Rajeev Srinivasan.
