The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Vistara reported a passenger load factor of 45.4 per cent.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
No reason was cited for rescheduling of the meeting.
Vistara will have to face stiff competition from Jet Airways, AirAsia
Air Deccan boss Gopinath is considered the father of low cost air travel in India.
Phee Teik Yeoh says that the worst is behind them.
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
Former Air India executive director Jitender Bhargava comes out with a book detailing what went wrong with the national carrier. According to him, India does not have a civil aviation policy, and that's just the beginning.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
'There are smaller cities, which are very attractive to fly'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Air-India and Indian Airlines are to submit another aircraft acquisition proposal for long haul jets and replacement of wide-bodied planes, respectively.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and sought clarity on control and ownership.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
Creating a market for premium coffee is a challenge.
Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
No Indian auto brand (including Tata or Mahindra) is well-known globally.
'I believe that to be a successful leader, you need to develop fly vision.'
A glance back at some of the important ups and down Indian Inc faced in 2018.
India Inc is ready to diversify into unchartered areas.
Congress Vice President Rahul Gandhi on Monday raked up the issue of terrorism to attack Bharatiya Janata Party, saying nearly 22,000 people died due to the menace during the NDA regime, while there were only 800 such deaths in the UPA's last five-year tenure.
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
Boeing expects the IAF to soon place an inquiry for twin-engine fighter jets to bridge a 200-aircraft gap in its armoury. And the Super Hornet is ready to fly in.
India Inc has few leaders who are likely to grab headlines in 2015.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
