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Finance

Indian Prime Minister Narendra Modi

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

The maiden NITI Aayog meeting saw discussions between the PM and economists on attracting investment, boosting domestic savings and the condition of agricultural sector and financing infrastructure. Feb 7, 2015
Sahara India Chief Subrato Roy

Sahara India's Troubles Multiply: Enforcement Directorate Files ₹3,600 Cr FEMA Charges over Luxury Hotel Investment

Sahara India suffered another setback, with the Enforcement Directorate issuing a show cause notice to the group, concerning FEMA violations in the purchase of London-based Grosnover House luxury hotel. Feb 7, 2015
Subrato Roy

Sahara: Forged Letter Spoils Efforts to Secure Subrata Roy's Release

Bank of America denied issuing any letter to Mirach Capital Group Feb 6, 2015
Defence Minister Manohar Parrikar

Defence Production Reforms Will be Ready Soon, Says Parrikar

He says 'proper' laws should be framed for defence projects Feb 6, 2015
Finance Minister Arun Jaitley

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

Arun Jaitley told industrialists that the expected infra boom would witness a combination of funding, which would see significant participation from international bodies. Feb 6, 2015
Dornier 228

HAL to Supply 14 Dornier Do-228 Aircraft to IAF in a Deal Worth ₹1,090 Crore

HAL will manufacture 14 Dornier Do-228 aircraft, will be better equipped to build more advanced aircraft when the Indian Air Force decides to place order for new generation multi-role aircraft Feb 6, 2015
Qatar Airways Group Chief Executive Officer Akbar Al Baker

Qatar Airways CEO Al-Baker and Rahul Bhatia of IndiGo Meet, Triggering Stake Sale Rumours

Qatar Airways had evinced interest to pick up 49% stake in IndiGo Feb 6, 2015
Huawei P8 Release Date; Invites Sent Out For April 15; Fingerprint Scanner, OIS Camera In The Books

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees. Feb 6, 2015
Raghuram Rajan

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate Feb 5, 2015
Kamov KA - 52

Russia will Add 200 New Aircraft to Defense Arsenal to Maintain Higher Operational Readiness

With the NATO encroachment reaching Russian borders, the world's largest country has decided to enhance its air superiority by inducting 200 new aircraft, including the Sukhoi Su-35 (Flanker) aircraft and a range of helicopters. Feb 5, 2015
SpiceJet Airlines

SpiceJet Announces Special Offer for Valentine's Day; One-way Ticket Starts at ₹1,599

The scheme is available on all domestic routes and onward flights on SpiceJet network on first-come-first-serve basis. Feb 4, 2015
Finance Minister Arun Jaitley

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

The finance minister is expected to use the amount unspent by government agencies to help cover the budget deficit. Feb 4, 2015
AirAsia India launched a week-long sale offering one-way tickets prices as low as Rs 699 including taxes.

AirAsia India Planning To Launch Red-Eye Flights; Fares May Go Down

AirAsia India is planning to launch red-eye flights. Feb 4, 2015
Indian Prime Minister Narendra Modi

World's Top Sovereign Wealth Funds Listen to Modi's Reform Plans

He was addressing 20 top global investors who manage assets worth about $11 trillion globally Feb 4, 2015
airasia-india-venture-to-break-even-in-december-later-than-they-expected

AirAsia India To Break-Even by May/June: CEO

AirAsia India is expected to break-even by May/June. Feb 3, 2015
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