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Indigo plans ipo to raise $400 million

India’s biggest airline by market share, IndiGo, is preparing to file a draft prospectus by May for a stock listing to raise $300 million to $400 million, two people with knowledge of the plans said,

India fails to mitigate graft risk

The top five risks that impact Indian business environment include ‘corruption, bribery and corporate frauds’, ‘information and cyber insecurity’, ‘terrorism and insurgency’, ‘business espionage’ and

Organised retail to hit $18 billion mark

(Representational image)

With more aspirational middle class growing and new international players entering the country, the organised apparel retail is expected to grow stro-ngly in the next few years.

Vedanta slaps Notice of Claims on Government

vedanta - AP_0_0_0.jpg

London: After Cairn Energy of UK, London-listed Vedanta Group has slapped a Notice of Claims against the Indian government challenging the Rs 20,497-crore tax imposed on its subsidiar

Government to set up biogas, coal-bed methane filling plants soon


New Delhi: The Commerce and Industry Ministry has given permission to set up 16 bio gas-based and three coal-bed methane-based natural gas filling plants to encourage use of alternat

SEBI restrains ERIL Mutual Benefit from raising funds


SEBI has also asked the firm and its directors not to divert any funds raised from public kept in its bank accounts

PM Modi motivates well-off to give up LPG subsidy

Union Power Minister Piyush Goyal. (Photo: PTI)

Prime Minister Narendra Modi on Friday appealed to well-to-do sections of Indian society to voluntarily give up LPG subsidy, so that its benefit could be shared with the poor.

High spectrum prices to pressure telcos: GSMA

High spectrum prices in the just concluded auctions are likely to put financial pressure on the Indian telecom operators who will eventually pass on the impact in form of rise in tariffs to consumers,

Upbeat job market to push attrition levels at India Inc

India Inc is likely to witness attrition rates of up to 25 per cent in 2015, thanks to an upbeat job market and improved economy.

Market Wrap

Secure cards offer 80 per cent credit of stake

I work in a private company and my CTC Rs is 1.44 lakh and take home is Rs 1,11,396. Am I eligible for a HDFC credit card?

The controversy surrounding the banning of Leslee Udwin’s film India’s Daughter somehow glossed over the question as to how the permission to film the documentary was given, notwithstanding the well-e

In the early hours of January 11 this year, Priya Parameswaran Pillai, an Indian citizen, was all set to board an Air India flight to London from Delhi.