Faced with heavy losses, budget carrier JetLite has shelved plans to fly abroad. It will also stop 20 of its 131 daily flights within the country and ground three of its 18-strong fleet of Boeing 737s.
Bhatia is planning to launch his new social networking website, Apnacircle.com, soon.
Ranbaxy Laboratories Limited said on Wednesday it had entered into an in-licensing agreement with Netherlands-based Eurodrug Laboratories for introducing the asthma product Doxophylline in India.
Samsung, the consumer electronics giant, is adopting new product innovation and retail strategies to reach deeper and wider into the Indian market.
This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
As global tensions put pressure on the cost of crude oil, sending petrol prices above 1 a litre across the UK, This is Money investment writer Philip Scott investigates how investors can profit from rising oil prices.
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Silver declined by Rs 200 to Rs 38,550 per kg.
The 189-million tonne domestic cement industry is gearing up to tackle attrition in the industry.
The move follows anticipation of lower sales in the US market in the wake of the termination of generalised system of preferences, the US incentive that helped domestic jewellers boost exports to that country.
It is no surprise why Left parties have chosen to impose him on the UPA as the consensual candidate.
Ceramic tile manufacturer H&R Johnson is in talks with the UK-based Johnson Ceramics International for a strategic global alliance
The Iraq war marked the onset of high and higher oil prices. There was a steady rise in the prices of most commodities in the global markets including metals and food in the last three years for various reasons including substantially increased consumption in new markets such as China, Russia, India and West Asia. However, till recently, most economies were able to manage such price escalations through classic macro-economic management tools.
The comprehensive average of all the international offers, including those from the US, Europe, Asia Pacific and West Asia stood at $1,44,812. According to ISB's report, the international averages of the US stood at $1,38,614, Europe at $1,56,658, Asia Pacific at $1,45,607 and West Asia at $1,25,389. The number of international companies visiting the ISB has doubled this year with 41 new foreign firms visiting the campus for the first time.
It's easy to say investors should focus on fundamentals but this risk can have a significant and lasting impact
The Salman-starrer rakes in Rs 26.4 crore on opening day; more expected on day of Eid
2016 has been the most important one for Renault in India, backed by strategic measures in all key biz dimensions.
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
According to analysts, the first two quarters are usually dull for the company historically, hence growth will be higher in the subsequent two quarters. If Wipro Infotech achieves the $1 billion mark, it would make Wipro the first Indian company to touch the figure through its largely domestic market-focussed arm. It derives about 90 per cent of its revenue from India.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
"Iran is our longtime ally and about 40 lakh Indians are residing in West Asia. Prior to taking any step, the programme's objective should be ascertained," he told media persons in Gwalior.
Infotech Enterprises, a geospatial, design engineering and software services and solutions company, has picked up 74 per cent stake in Hyderabad-based Geospatial Integrated Solution Private (Geospace Integra) for Rs 2.96 crore (Rs 29.6 million).
Achuthanandan will be done away within 24 hours, an anonymous caller informed a constable on duty at 0410 hours on Monday over phone, Police Commissioner Balramkumar Upadhaya said.
The airline is not convinced that it will have a sizeable passenger traffic to make wide body operations profitable
Sitharaman, who is in Russia on a three-day visit, also met her Chinese counterpart Wei Fenghe on the sidelines of the international security conference.
Company says integration of various businesses will reap fruit.
India will become the third-biggest economy in the world by 2030, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said.
According to sources, the company will invest $350-400 million in the proposed plant. This will be the first foray by an Indian company for manufacturing cement in West Asia which was so far viewed as an export market.
Passengers flying to West Asia can soon see fares going down by 10 to 30 per cent as Indian domestic operators such as Jet, its low-cost carrier (LCC) Jet Lite and Air Deccan are all set to fly to this market.
The Indian Institute of Mangement-Ahmedabad will collaborate with Duke Corporate Education to develop and deliver custom corporate education programmes in India and West Asia.
Vijay Mallya-promoted Kingfisher Airlines's international service, which is expected to start by January 2008, will be staffed entirely by foreign cabin crew.
In the same year, medical tourism was a $333-million strong market and the ministry said given its growth rate of 25 per cent it will emerge as $2billion market in 2012.
Several industry verticals such as food and beverage, education, fashion and tourism are leveraging their growth by franchising their products under various formats.
Monsoon tourism, as it is known, has performed beyond the expectations of tour operators, garnering a 50 per cent increase in both in-bound and out-bound traffic.
During his three-day visit, the first by an Indian Naval Chief, Admiral Mehta met top brass of the UAE armed forces and discussed "collaborative cooperation and energy security", officials said on Thursday.
For the first time in its history, Cirque du Soleil is premiering a new show, Bazzar, outside Canada -- first in Mumbai and then Delhi.
'It is not difficult for a Pakistan army chief assisted by the deep state to manipulate a situation.' 'Pulwama, Uri and Pathankot, all come to mind,' cautions Lieutenant General Syed Ata Hasnain (retd).
The grotesque irony is that while Hussein was hanged for killing 148 people, the leaders of the US and its allies won't be tried for killing half-a-million Iraqi children through the post-1991 sanctions, nor for the death of 655,000 Iraqi civilians.
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