In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
Phee Teik Yeoh says that the worst is behind them.
The number of Indian passengers has jumped more than 20 per cent in the past year
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
The timeline for disinvestment of Air India and Bharat Petroleum Corporation (BPCL) may be pushed by two to three months due to impact of the second Covid-19 wave. However, the government is confident of wrapping up the sale of the two companies by FY22 and meeting the disinvestment target of Rs 1.75 trillion. This will be achieved by sale of government stake in core and non-core public sector undertakings (PSUs).
The civil aviation ministry had last week suspended all flights between the European country and India from December 23 to December 31 as a mutated variant of the coronavirus was detected there.
Tata's Vistara has a very strong core team to look into daily operations.
Vistara needs to launch more aircraft into service.
TCS still ace in the pack
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
The deal will give India's largest conglomerate indirect stakes in seven airports in India and abroad.
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
DGCA considers this in wake of Malaysian tragedy; no rules to gauge mental state now.
Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
About eight bidders are in the race to pick up stake in major private carrier Air Sahara, which has kept "all options open", including selling equity or strategic partnership, to fund its expansion plans.\n\n
India Inc has few leaders who are likely to grab headlines in 2015.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
Oyo has recently undergone large-scale corporate restructuring, setting up several subsidiaries and bifurcating operations globally.
UP government renews proposal for one at Jewar, 100 km from Delhi
Creating a market for premium coffee is a challenge.
An AirAsia flight from Indonesia to Singapore with 162 people aboard reportedly went missing on Sunday morning after losing contact with air traffic controllers.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
Delhi's ritzy Terminal 3 is on the global top 5 list on social media and the first among Asian airports on social media.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
UB Holdings facing a slew of legal cases over its exposure to the loans of now-grounded Kingfisher Airlines and increasing pressure from a consortium of lenders, may be forced to seriously go ahead with the transaction this time.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Have committed themselves to investing Rs 1,85,000 crore since last year.
Here's a collection of some of the best photos, taken last week, from around the globe.
