For AirAsia's Tony Fernandes, Indian sky is out of bounds

With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013. Arindam Majumdar reports. Last September, Tony Fernandes, owner......

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago......

'Always have a Plan B, Plan C and a Plan D'

Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall. Illustration: Dominic Xavier/Rediff.com Walk into Patanjali 'Patu' Keswani's house in Delhi's Vasant Vihar and you'll be......

Tata Steel to cut up to 3,000 jobs in European plants

It plans to lower employment costs with the estimated reduction in employee numbers, about two-thirds of which are expected to be office-based white-collar roles - a majority expected at its......

Sports Shorts: Sindhu, Saina make winning start at Indonesia Masters

IMAGE: Saina will next face another Indonesian Fitriani Fitriani. Photograph: Kind courtesy, Saina Nehwal/Twitter The Indian trio of P V Sindhu, Saina Nehwal and Kidambi Srikanth dished out superb......

ISL expanded to 10 teams, Bengaluru FC one of them

IMAGE: Bengaluru FC players celebrate. Photograph: PTI. The Indian Super League will be expanded to 10 teams this season with the organisers on Monday announcing two more franchises after a......