No airline is making money in India because they are selling below cost. The country is seeing a 25 per cent annual growth rate in air passenger traffic, but some slowdown is also expected. These are some of the pains
This means the cable companies engaged in last-mile distribution of TV channels will qualify for the existing 49 per cent FDI limit, while operators of DTH, HITS, IPTV and multi-system operators will be able to bring in up to 74
The Rs 9,500-crore Dharavi makeover may be postponed by a few months as the scheme will have to be amended to increase the size of the flats, to be given to slum-dwellers, from 225 sq ft to 269 sq ft,
A very low rate of savings among mericans is a key reason for the weakening of US dollar, which in turn is hitting the bottomlines of Indian IT firms, feels Azim Premji, the billionaire chief of country's third-largest software exporter
Fresh buying in FMCG, IT and metal stocks helped the index rebound into the positive zone, the index touched a high of 16,563 - up 345 points from day's low (16,218) in the late noon deals. The market breadth was
A core group of ministers on Wednesday held inconclusive deliberations on a proposal to raise fuel prices, necessitated by a spike in global crude prices that threatens to spawn an oil import crisis.
The Indian Oil Corporation on Wednesday said it is restricting petrol and diesel sales to what is domestically available, as it has not money to import fuel.
