Rising raw material costs and lower offtake from auto and realty sectors hit steel companies hard in 2011, making them…
Domestic airlines will continue to seek life support from the government as heavy debt, soaring losses, rising fuel prices and…
Air India could get R2,000 crore from the sale and leaseback of seven Boeing 787 it intends to purchase in…
India’s largest passenger carrier by revenue, Jet Airways?saddled with a debt of R14,100 crore until September? is cutting corners to…
Full-service carriers like Jet Airways and Kingfisher Airlines will have to scale down operations, focus on select routes and compete…
Three loss making full service airlines are applying every trick in their books to grab even a wafer-thin margin in…
Weakening steel demand from construction companies has forced world’s seventh largest steel maker Tata Steel to shut down its Llanwern…
Indian steel makers, faced with acute fall in demand, exacerbated by construction slowdown, are looking to sell special products for…
Indian steel makers may have to slash production by 20% from the next fiscal as demand continues to taper off…
Fewer passengers have chosen to fly across India in the peak winter holiday season between November and January 2012, as…
The Reserve Bank of India has approved the loan restructuring plan for debt-ridden national carrier Air India.
Purchase of low-cost, loss-making passenger carrier Air Deccan, lack of independent management to run both full-service and low- cost carriers…
Whenever pilots threaten strike, debt-ridden national carrier Air India cedes its market share to rivals, as passengers refrain from travel…
Many low-cost passenger carriers shy away from flying long-distance routes in favour of lucrative short-distance destinations even as they complete…
Even as the Indian government is keen to allow foreign passenger carriers own 26% stake in Indian carriers, many foreign…
Japanese steel maker JFE Steel is keen to pick up a stake in an integrated steel plant planned by JSW…
Civil aviation ministry has asked the debt-ridden state-owned carrier Air India to fly to new long distance routes if the…
Travel and tour operator Thomas Cook India has begun talks with British foreign exchange and financial services company Travelex to…
