'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
Business of retail, food and beverages at duty-free shops in India was estimated to have a potential of $3.5 billion by 2021.
SpiceJet to add 7 planes; another Rs 500 cr infusion in April.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.
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.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
The defence minister also called the bickering against the deal as "disservice" to the armed forces, asserting that urgent requirement of the Indian Air Force was the main reason for sealing it.
GST impact: Higher lease payouts may hit airlines, cab aggregators.
'... And I don't think it really is that despite a lot going wrong.' 'Naiveté or stupidity or trusting the wrong person, the outcome is the same, which is that the group has gone to trash.' 'I'm not OK with people saying I had a role to play in crooking the system, which is not what I did.'
SGI Commex chairman G S Srivastava, an art connoisseur, said the aircraft, an Airbus A319-133 with registration of CJ VT-VJM, will be converted into an art pilgrimage venture
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.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The government is looking into the complaints about the procedure to determine the winner of the multi-billion dollar combat aircraft deal, Defence Minister A K Antony said on Thursday while admitting that there was no money to sign such a big deal in this fiscal.
The company has dismissed 194 cabin crew and 11 pilots over past year for unauthorised absence and such reasons.
Singapore Airlines has given new brand names to two carriers it controls - SilkAir (short-haul) and Scoot (low-cost, long-haul.
The project is awaiting clearances from the DGCA.
British officials have conveyed this to their Indian counterparts at the Indo-UK Counter Terrorism Joint Working Group meeting held in London on January 15-16.
Sinha, a former finance minister, hogged the limelight and started trending high on social media on Wednesday after he criticised his own government for sinking economy in an article.
The Supreme Court is scheduled to pronounce on Thursday its verdicts on a batch of petitions seeking re-examination of its decision to allow entry of women of all age group in Kerala's Sabarimala Temple and a review of its judgment giving a clean chit to the Modi government in the Rafale fighter jet deal with French firm Dassault Aviation.
The integration of the Rafale jets will allow the IAF to hit targets inside both Pakistan and across the northern and eastern borders while still staying within India's territory.
India's enemies be warned: The Rafale deal will bring a sea change in India's defence preparedness.
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.
Officials said the oil marketing companies had provided data to the Income Tax department.
When Japan's Yokohama Rubber announced the acquisition of Alliance Tire a few days back, it was the end of the long and successful road.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
The Dangal actor alleged, in an Instagram video, that a middle-aged man sitting behind her on the flight tried to molest her.
Vijay Mallya has lost control of his companies.
The government has hiked foreign investment caps.
Ranjita Ganesan visits The Indus Club, which is not just another old boys' club.
The DGCA probe detected serious issues related to safety oversight.
SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
Confident of signing the much delayed USD 10 billion (Rs 62,120 cr) contract for Rafale fighter jets with India "soon", French Defence major Dassault on Thursday said its pricing remains the same from day one and it has not wavered from the request for proposal.
With the Rafale fighter deal stuck over price negotiations, can the prime minister step in and find a way out for both countries?
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire