Global aerospace major Airbus Group plans to procure components and sub-systems worth $2 billion cumulatively for a period of five years till 2020 for its civil and defence projects -- up from $500 million in 2015, the French consortium said on Monday. ...
In a setback to industrialist Vijay Mallya, the Debt Recovery Tribunal (DRT) on Monday ordered British liquor major Diageo plc not to pay him the $75 million (Rs.504 crore) agreed as a severance package to quit its Indian arm United Spirits Ltd till the case against him before it is decided....
In a damage control exercise, beleaguered industrialist Vijay Mallya on Sunday blamed media for spoiling his reputation and sought to clarify why his dream airline Kingfisher failed....
h 5 As trading drew to a close on Friday, there were reasons to cheer as two key Indian equity indices logged their steepest weekly gain in four years, despite the jittery start on Monday as the initial market assessment of the national budget was positive. ...
The Karnataka High Court on Friday issued notice to industrialist Vijay Mallya and others on a plea by the State Bank of India (SBI) seeking his arrest and ...
Prime Minister Narendra Modi on Friday launched 'Setu Bharatam' -- an ambitious programme with an investment of Rs.50,000 crore to build bridges for safe and seamless travel on the national highways across the country....
With the strike by the Indian gems and jewellery industry continuing for the third day, the government on Friday asserted that the sector should be taxed and, ...
Reiterating the government's determination to deal with the high level of over Rs.8 lakh crore of non-performing assets (NPAs), or bad debts, of state-run banks, Minister of State for Finance Jayant Sinha on Friday said it has a good understanding of the problem and will continue to provide funds to strengthen the banks....
Much on expected lines, though this year's budget does not unveil any big bang measures to give a giant push to the beleaguered real estate. Yet, it aims to revitalise the economy, triggering investments through a series of reform measures. It also seeks to spur infrastructure and boost affordable housing, to provide a sigh of relief to the...
The government has given approval to set up four new special economic zones including that of Infosys Ltd and Cognizant Technologies Services in the IT sector. ...
