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Air India passenger plane, air india pilot

Air India pilot hits out at aviation minister for "lagging in commitment" remark

Ashok Gajapathi Raju had said that there was something "lagging" in the commitment shown by Air India pilots compared to pilots of private airlines. Dec 29, 2016
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EXCLUSIVE: India holds plenty of opportunities, says Joseph Phua, CEO of dating app Paktor

Paktor CEO Joseph Phua speaks to International Business Times, India about the dating app, its users and plans of entering the South Asian country. Dec 29, 2016
January car sales, car sales preview, maruti suzuki january sales, tata motors, renault jan sales, msil share price, note ban, siam data, currency crunch car sales

Domestic car, two wheeler sales in December likely to be weak, say analysts

PM Modi's demonetisation hit domestic car, two wheeler volume growth in December, according to Motilal Oswal and Nomura. Dec 29, 2016
India pharma sector, pharmaceutical companies, pharma, pharma companies

Govt approves sale of India's first pharma company and 3 others

The proposal of selling the four pharma companies was made to meet the outstanding liabilities of the firms. Dec 29, 2016
NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

NSE IPO: Exchange files papers to raise Rs 10,000 crore in mega public offering

Existing shareholders may offload as much as 20-25 percent shares in the IPO that could value NSE at worth Rs 50,000 crore-Rs 55,000 crore. Dec 28, 2016
india, cement sector, cement update, modi, demonetisation, economy, gdp india

India business: Cement sector to face multiple headwinds in FY2018, says Nirmal Bang

Demonetisation, RERA, GST and rising crude oil prices are likely to hit cement companies by impacting pricing pressure and demand. Dec 28, 2016
kotak mahindra bank kotak mf uday kotak schemes debt equity investors lti facility branch atm

Kotak Mahindra Bank manager arrested by ED in money laundering case

Kotak Mahindra Bank has suspended the services of Ashish Kumar, who was posted as a branch manager in New Delhi. Dec 28, 2016
india, pharma companies, sun, divi, cipla, cadilla, us fda, warning to indian companies, share price

Indian pharma companies improved credibility in 2016: Nomura

Import and warning letters issued by the US FDA dropped in 2016 when compared to 2015; Sun Pharma, Cadila, Aurobindo, Divi, Lupin, Cipla, Alkem are top Indian drugmakers. Dec 28, 2016
tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Tata Sons issues legal notice to Cyrus Mistry for leaking 'confidential' documents

The legal notice by holding company Tata Sons is the latest in the bitter corporate battle between the Tata Group and Cyrus Mistry. Dec 27, 2016
sundar pichai google ceo, startup india, digital india

Google CEO Sundar Pichai to announce new initiatives for small Indian businesses

Pichai is currently in India and travelling with his family. Dec 27, 2016
Korean Airlines, cabin crew

Korean Air crew allowed to use stun guns to manage violent passengers

The airline plans to recruit more male crew and intends to ban passengers with a history of unruly behavior. Dec 27, 2016
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Realty stocks slide over possible crackdown on illegal properties

Prestige, Unitech, Indiabulls Real Estate, DLF, Oberoi Realty were trading with losses though Sensex was up 100 points. Dec 27, 2016
L&T

L&T Construction bags orders worth Rs 3,039 crore

The major work includes construction of a navigational lock structure, comprising about 250 metres long and 18 metres deep retaining walls. Dec 26, 2016
airasia india cyrus mistry fraud tony chandilya mittu ceo fraud tata group ratan tata controversy rs 22 crore civil aviation business stake malaysia delhi high court low cost

AirAsia India finance head questioned by ED in forex violation case

AirAsia India has come under a cloud after Tata Sons ex-chairman Cyrus Mistry raised issues of questionable practices at the airline. Dec 26, 2016
Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Aramco stake sale: Saudi newspaper retracts its report

Saudi Arabian newspaper al-Eqtisadiah reported on Sunday that Aramco was planning to sell 49 percent of its shares over the next decade. Dec 26, 2016
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