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AAI profit rose 36% to Rs 1,959 cr in 2014-15

The Airports Authority of India (AAI) posted an increase of 36% in its net profit to Rs 1,959 crore for FY15, reports Sunny Sen in New Delhi.

air ticket price

Centre wants to tap central bank surplus to cover outgo

Given the likely additional expenditure of R50,000-70,000 crore on salaries and pensions in FY17, the finance ministry wants the Reserve Bank of India...

RBI

Post-IPO trades a mixed bag, infra stocks come off worst

Of the 15 companies that have tapped primary markets this year, shares of seven companies trade below their issue price while two stocks have yielded nil returns.

Market outlook, sensex

Indian Railways’ capex on the slow track

While the overall railways-controlled capex is flat year-on-year, there are signs of re-allocation towards focus areas such as doubling and electrification; however, doubling remains well below the bu

Visa Steel in debt-equity swap, gets feelers from Brazilian firm

Lenders to Kolkata-based Visa Steel have decided to convert a large portion of their loans into equity using the Reserve Bank of India’s (RBI) strategic debt restructuring (SDR) scheme...

Crisil lowers BHEL outlook on power sector overhangs

Crisil on Monday revised downwards the rating outlook on the long-term bank facilities of Bharat Heavy Electricals (BHEL) to ‘negative’ from ‘stable’.

Public spend pick-up to boost economy

Projects awarded up 43%, tendering 67%

infrastructure development in kerala

Bharti Airtel moves prepaid users to per-second plan

Even as the consultative process initiated by the Telecom Regulatory Authority of India mandating mobile operators to monetarily compensate their subscribers for call drops...

SN Subrahmanyan’s elevation signals L&T succession plan

Larsen & Toubro on Monday set in motion the process that may later culminate in a much-awaited succession plan at the country’s largest heavy engineering and infrastructure firm.

Motherson Sumi slides on Volkswagen woes

Volkswagen accounts for 44% of Motherson Sumi’s consolidated revenue, Bloomberg data showed.

century plyboards shares

Amtek Auto delays bond repayments

With a clutch of lenders reportedly not having finalised a line of credit to Amtek Auto, the auto components player is understood to have delayed repayments to its bondholders...

Motherson Sumi

DoD casts net wide to avoid dud sales

Even as big-ticket PSU stake sales may be on hold till markets stabilise, the department of disinvestment (DoD) is hard-selling these issues with long-term foreign investors...

In real distress, developers join forces to get projects off ground

With the distress in the real estate sector showing few signs of easing and more cash being burnt by the day...

real estate market

Price regulator acts tough, firms hit by impasse in new drug approvals

While the Indian industry’s growth stuttered in recent years, the pharmaceutical sector seemed to hold its head high with a double-digit growth...

Aurobindo Pharma

Fe Exclusive: Coastal Projects on SDR bandwagon

Lenders have 18 months to look for new buyer

Subhiksha founder R Subramanian held for cheating

The Economic Offences Wing (EOW) of the Tamil Nadu police on Saturday arrested R Subramanian, founder of the now-defunct Subhiksha retail store chain, once hailed as the mini-desi model of global reta

Little private threat to PSU fuel retailers

Despite deregulation, pvt sector slow to expand retail operations

Safety of sportspersons becomes serious business

From special helmets to masks, host of new equipment out in the field

Govt gets set for some heavy lifting, to revamp HMT, HEC

The domestic capital goods industry, highly fragmented and under-performing, could receive a boost with the Modi government reading a comprehensive national policy for the sector with a plan to enforc

Bad bank a bad idea for India, says Raghuram Rajan

Reserve Bank of India (RBI) governor Raghuram Rajan said on Friday the concept of a good bank and bad bank may not be relevant for India since much of the assets backing the banks’ loans are viable

rbi raghuram rajan

FM Arun Jaitley: Major tax rows to be resolved soon

Retrospective cases may be referred to Shah panel, said Arun Jaitley.

Call drop issue to get resolved in a month’s time, says Prasad

Even as the government and the mobile operators slug out over the real cause of call drops and who’s to blame for them, communications and IT minister Ravi Shankar Prasad...

payments bank

RBI’s big move: Conditional clearance to 10 small banks

Most winners are microfinance institutions with rural rooting

India Inc’s overseas forays to get Exim Bank boost

Adding a new dimension to the policy support being given to project exporters by way of buyer’s credit, the Cabinet on Wednesday approved a scheme...

exim bank

In fare war, DGCA found it’s all fair

The civil aviation ministry has once again started the exercise of talking with the airline firms to find a mechanism that the latter do not charge excessively during peak season thus inconveniencing

dgca

Emerging markets catch Yellen fever

Federal Reserve rate hike fears see FII exit in droves

asian stock market
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