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The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India sale hits air pocket

The condition is that if the buyer is into aviation business, it will keep Air India's operations at arm's length.

9 April 2018 12:01 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to invest Rs 80 billion in hydropower project of Nepal

The Nepal Investment Board will soon issue the license for the construction of the project.

9 April 2018 8:51 AM IST

'Expect RBI to hike rate by 2018-end'

The MPC has revised down its inflation forecast for the second half of FY19 to 4.4 per cent.

9 April 2018 12:30 AM IST

Shobana Kamineni (Photo: Sondeep Shankar)

CII president urges India Inc to invest

Recently, 14,000 reforms have been done by all the states combined to ensure procedures are streamlined, said Mr...

9 April 2018 12:30 AM IST

AirAsia India has expanded its fleet size to 18 planes with the induction of a new Airbus A320, which will help it add new routes and enhance the frequency between Kolkata and Bagdogra.

AirAsia India adds 18th plane, to expand services from Kolkata

It will help it add new routes and enhance the frequency between Kolkata and Bagdogra.

8 April 2018 5:32 PM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Amazon and Flipkart likely to face close scrutiny on competition...

The combined entity will be a dominant player in the fast growing Indian e-commerce market.

8 April 2018 12:12 PM IST

India began its search for new planes for the Indian air force in 2003 to replace its Soviet-era MiG fighters. (Photo: PTI)

India opens contest to supply more than 100 fighter jets

Aircraft must be built largely in India as part of Prime Minister Narendra Modi's drive to build a domestic industrial...

7 April 2018 12:35 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd, Samsung tie up to facilitate 'tap and pay' credit system

Samsung Pay gives freedom to customers to leave their physical credit and debit cards at home and make payments almost...

7 April 2018 12:04 PM IST

Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the worlds 100 most powerful women compiled by Forbes. (Photo: PTI)

Lookout notice for ICICI's Chanda Kochhar, husband and Videocon's...

A Lookout circular ensures that the person concerned cannot leave an airport without informing the authorities first.

7 April 2018 11:17 AM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

Walmart completes due diligence

A deal is far from finalised, however, and talks between the two parties and investors in Flipkart are ongoing, said a...

7 April 2018 6:11 AM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Rinfra moves HC seeking attachment of DMRC accounts

Delhi Metro Rail Corporation has only deposited Rs 306 crore.

6 April 2018 7:37 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

On-the-block Air India looks to renew flying permit

The DGCA has already renewed the SOP of Air India Express.

6 April 2018 7:01 PM IST