'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
A new generation is being groomed to take over some of the top companies in India. They are savvy, well-educated, and their induction reflects the new complexities of business.
While the quantum of investment could not be ascertained immediately, RIL said that a wholly-owned subsidiary would provide 'growth capital' for the new cargo airline.
Seeking a high-level probe either by the CBI or a parliamentary panel into the toll collection policy, AIMTC alleged that 'arbitrary' revision in toll rates in 2008 has resulted in truckers paying a hefty Rs 5,000 crore (Rs 50 billion) a day as toll tax.
"The temple is almost in the finishing stages in 5 cents of land I own at Samireddipalli near Gudiyatham (Vellore district) at a cost of about Rs 2 lakh", District panchayat Councellor G R Krishnamoorthy, the man behind it, said.
The resort, Barefoot, in which Gopinath owns close to 35 per cent, is spread over seven acres 'in exotic locale' and has 18 villas.
At least 25 passengers are feared dead in a tragic road accident in the hilly Kishtwar district of Jammu region, according to a senior state government officer.
Four jawans of the Central Industrial Force were killed and two others injured when their jeep was blown up in a landmine blast triggered by the Naxalites in Chhattisgarh's Dantewada district, the police said.
An ecstatic Abhimanyu Mithun on Thursday described his national selection as reward for his hard work, while former players Anil Kumble and GR Viswanath hailed the fiery pacer's inclusion in the Indian team for the first Test against South Africa next month.
They were speaking at a function to mark the release of 'Defying the Paradigm,' a coffee table book on Srinivasan's 50-year journey with India Cements.
All the operations of All India Motor Transport Congress will be shut and trucks will go off the road from April 5, AIMTC President G R Shanmugappa said in New Delhi.
Kingfisher Airlines on Thursday said its vice-chairman G R Gopinath has reduced his stake in the air carrier to 1.75 per cent after selling shares worth Rs 4.03 crore (Rs 40.3 million).
Two years after selling his budget carrier, Air Deccan to Vijay Mallya-owned Kingfisher Airlines, its former chairman Captain G R Gopinath, still harbours a dream to return to the low-cost airline segment, which he pioneered in the country.
The company plans to offer end-to-end logistics solutions where it has custodial charge of the cargo. Till the back-end warehouse infrastructure is ready at the airline's national hub in Nagpur, Gopinath's freighters will fly the Dubai-Mumbai-Delhi-Hong Kong route, offering dedicated cargo space to freight forwarders and serve anyone who wants to move international freight to these cities for time-definite delivery.
Indian fashion industry's latest 'it' girl Lisa Haydon curated a show for Myntra Fashion Weekend and it was g-r-e-a-t!
Deccan is planning to travel international routes from August from three destinations in India.
UB Holdings, which operates Kingfisher Airline, last year picked up a 26 per cent stake in Deccan Aviation for Rs 550 crore (Rs 5.5 billion). Subsequently, they made an open offer for acquiring another 20 per cent taking its holding to 46 per cent. The merger between Kingfisher Airlines and Air Deccan of Deccan Aviation, is now awaiting Karnataka High Court approval.
Justice D G R Patnaik passed the order while hearing a criminal miscellaneous petition filed by Swaraj Thackeray alias Raj Thackeray for quashing the complaint petition filed by Sudhir Kumar Pappu, an advocate at Jamshedpur.
Bangalore's new airport will be ready on March 7 to receive the first commercial test flights. It plans to start commercial operations on March 28 or 30, soon after Hyderabad's new airport does so on 16 March.
After declaring that it would do whatever it takes to cut flab, Kingfisher Airlines has now said it will not retrench cabin staff.
Rising aviation turbine fuel cost, poor infrastructure, regulatory controls and reluctance of consumers to take to air travel are some of the issues hurting aviation industry in the country, Deccan Aviation executive chairman Captain G R Gopinath said.
Success in sports stems mostly from teamwork. Now and then there comes a captain, on whose singular strength an entire squad makes huge strides. One such titan, now departed for the Elysian Fields, was The Hindu's Sports Editor Srinivasaraghavan Krishnan.
Curator Daljit Singh has retired a happy man after 22 years of service to Indian cricket. The groundstaff are no longer seen as gardeners and are getting due respect, a change that pleases him the most.
Unhealthy and yummy: these 'dude foods' will make your mouth water
Several states are identifying greenfield or unutilised projects for low-cost airport.
Kingfisher and Deccan had appointed Accenture to study the structure of the merger of the two airlines including operational synergies, network rationalisation and management structure.
He came to do one job but finds himself doing another. He came to work with a certain set of people and finds himself working with quite another. That's the piquant situation in which Ramki Sundaram, the 38-year-old officiating chief executive officer of SimpliFly Deccan finds himself today.
Deccan Aviation, which operates the country's largest budget carrier Air Deccan, will make a preferential allotment to investors to raise $75-100 million for its expansion plans.
Low cost carrier Air Deccan will launch flights to seven new destinations soon.
Former India Test batsman G R Viswanath urged the ICC to look into the allegation levelled by umpire Steve Bucknor that television production crews are doctoring images.
Captain Gopinath's dream of making every Indian fly will now remain just that. But this will rise to another: Mallya's dream of making Kingfisher one of the world's top airlines.
PGR Scindia, a veteran who had spent over 10 years in the JD-S follows senior leader MP Prakash and quits the party.
Although industry analysts are welcoming Kingfisher Airlines' stake acquisition in Air Deccan as the right move towards consolidation
Moves are being made by senior leaders of Janata Dal (Secular) for his expulsion from the party.
It took her six months to create the fibreglass mural.
The bypoll was necessitated following the death of DMK minister P G R Palanivelrajan.
Fifty-nine 'karsevaks' were killed in the Godhra train burning incident of February 27, 2002, triggering the worst communal riots in the history of Gujarat.
The booking will open on January 14, at 8 am, it said in a statement.
With this extra buck in it kitty, will Air Deccan be able to expand its fleet and revamp its services?
The transaction, which values Air Deccan at Rs 155 a share, would be through allotment of non-preferential shares to UB
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