December 20, 2014 18:48 (IST)
Having suffered a huge 'Nokia' setback in 2014 in terms of thousands of job losses and a significant revenue loss, the country's third largest state in terms of industrial output now faces an uphill task ahead in 2015 amid a politically charged-up environment due to conviction of powerful former Chief Minister J Jayalalithaa.
December 20, 2014 18:18 (IST)
SpiceJet will operate another 106 flights for the rest of the day, Mr Kapoor said.
December 20, 2014 16:34 (IST)
The Boeing Black phone being developed by the Chicago-based aerospace and defense contractor, which is best known for jetliners and fighter planes, can self-destruct if it is tampered with.
December 20, 2014 11:59 (IST)
Tata-Singapore Airlines joint venture airline Vistara on Thursday announced the launch of its operations from January 9 with flight from Delhi to Mumbai and Ahmedabad.
December 19, 2014 22:29 (IST)
The company which is into chemicals, agri-inputs and food, would also focus on FMCG and non-regulated agri sector products as major future growth drivers through both organic and inorganic route, its executive director and CFO, Prashant Kumar Ghose said.
December 19, 2014 22:23 (IST)
Earlier this week, the Civil Aviation Ministry had said it may request Indian banks/financial institutions to extend loans of up to Rs 600 crore to the airline.
December 19, 2014 21:19 (IST)
The Securities and Exchange Board of India (Sebi) found that RDB Rasayans Ltd, a company based in Kolkata, had failed to disclose certain material developments in IPO prospectus and mis-utilising the proceeds from the public issue.
December 19, 2014 20:50 (IST)
The board also cleared another proposal for implementation of minimum monthly pension of Rs 1,000 in perpetuity. As per the notification issued on September 1, the entitlement was available till March 31 and this move will enable beneficiaries of this scheme to get pension even after his fiscal.
December 19, 2014 20:17 (IST)
The company has already supplied 48,000 units successfully against this order, Bajaj Auto Ltd said in a filing to the BSE.
December 19, 2014 20:09 (IST)
Banks can have up to 49 per cent foreign investment without regulatory approval but require approval from RBI and the FIPB if they want to increase the foreign investment limit to 74 per cent.
December 19, 2014 19:31 (IST)
The co-founder of SpiceJet is leading over Rs 1500 crore rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.
December 19, 2014 19:13 (IST)
Sebi however said that further enforcement actions, including commencing or reopening of these proceedings, could be initiated if any representation made by the broker is found to be untrue.
December 19, 2014 16:12 (IST)
City-based drug maker Dr Reddy's Laboratories has acquired Habitrol brand, a nicotine replacement therapy transdermal patch, from Novartis Consumer Health Inc.
December 19, 2014 14:51 (IST)
IDBI Bank will sell its entire 5 per cent stake in National Stock Exchange or NSE in a transaction that may fetch the lender about Rs 1,000 crore.
December 19, 2014 14:28 (IST)
Coal India has asked power firms to contact its supplying companies in case they need to import coal through them for the coming fiscal year.
December 19, 2014 13:18 (IST)
The news of fresh investment in to SpiceJet might have enthused traders, but most analysts believe that SpiceJet will go the Kingfisher way.
December 19, 2014 12:34 (IST)
The listing is a decisive step and the logical progression of a company with deep expertise, Intellectual Property and a global customer base, the company said.
December 19, 2014 12:26 (IST)
IVRCL holds 75 per cent stake in the company while rest is with a technical partner from Spain.
December 19, 2014 11:04 (IST)
In a major relief to government-run Oil and Natural Gas Corporation, the Gujarat High Court on Thursday upheld its plea in a dispute with the state which had demanded value added tax (VAT) dues of around Rs 1,000 crore.
Reported By: Kashish | December 19, 2014 00:28 (IST)
When Kalanithi Maran bought 58.4 per cent stake in Spicejet in 2010, it was the most profitable airline in the Indian skies. But a series of bad decisions including replacing professionals with family and friends to run the airline have put the carrier in deep trouble.