Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways LtdNSE 6.86 %, a purchase which could transform India’s largest conglomerate from airline fringe player into the country’s dominant, full-service international carrier.
The government’s proposed move to pare Rs 29,000 crore of Air India’s debt is a short-term measure and not an alternative to divestment plans, the national carrier’s Chairman and Managing Director Pradeep Singh Kharola said Wednesday
Hyderabad headquartered regional air carrier Trujet has announced offering opportunity to forty underprivileged children to fly for free from Chennai to Salem on the occasion of Children’s Day under its ‘Wings of Hope’ program
MUMBAI: The Tata group and Naresh Goyal-promoted Jet AirwaysNSE 6.86 % are inching towards a two-step transaction, the first leg of which could see the merger of Jet with Tata SIA Airlines, the joint venture between Tatas and Singapore Airlines that operates Vistara. The second step of the deal could involve the purchase of the…
SINGAPORE: India’s foreign secretary Vijay Gokhale said on Wednesday the country is open to importing more oilNSE 0.17 % and gas from the United States.
Global oil prices fell by about a quarter in 40 days to $65 a barrel on Wednesday, promising to reduce India’s import bill and inflation. It is also likely to cool local fuel prices that crested several peaks and rob the Opposition of a key political plank against the Narendra Modi
Fuel prices continued to witness a slump in the national capital on Thursday, with petrol and diesel now being sold at Rs 77.28 per litre and Rs 72.09
Kalpataru PowerNSE -0.37 % Transmission Ltd (KPTL) Wednesday said it has bagged orders worth Rs 1,322 crore in domestic and overseas markets
NEW DELHI: Tata Power and ICICI BankNSE -0.64 % backed Resurgent Power has acquired 75.01% stake in Jaiprakash AssociatesNSE -0.75 % 1980-mw power plant, becoming the first of the nearly dozen stressed power plants proposed to be resolved
The government is unlikely to relax the terms of a 10 GW solar tender linked with manufacturing of solar equipment and industry sources anticipate that the tender could be cancelled if the response to bid submission due