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Nigeria suspends Indian-owned Dana Air operations

Nigeria suspends Indian-owned Dana Air operations

Nigerian civil aviation authorities today suspended operations of Dana Air, an Indian-owned commercial passenger carrier, after the country’s parliament complained of its shoddy manner of paying compensations to victims of…

Ratan Tata for enhancing India, China cooperation

Ratan Tata for enhancing India, China cooperation

India and China can gain from each other, especially in the business arena, and forge a powerful economic block but the two nations are not as close as they “should…

RCom confirms talks with Batelco to sell stake

RCom confirms talks with Batelco to sell stake

Reliance CommunicationsBSE -2.35 % today said it is in talks with Bahrain Telecommunication Company (Batelco) for stake sale in its unit Reliance Globalcom, the company’s global communications services business unit.…

Air India’s Dreamliner likely to resume flights by April-end

Air India’s Dreamliner likely to resume flights by April-end

Air India’s fleet of Dreamliner aircraft, grounded on the directions of US aviation regulator since January following battery-fire problem, is likely to resume operations by April-end. “The US Federal Aviation…

AI loses over Rs 48 cr due to delay of flights in last 3 yrs

AI loses over Rs 48 cr due to delay of flights in last 3 yrs

National carrier Air India has lost over Rs 48 crore due to delay of its flights in last three years and its services on only 14 routes out of 202…

Apple’s Phil Schiller blasts Android, Samsung on Galaxy S4 launch

Apple’s Phil Schiller blasts Android, Samsung on Galaxy S4 launch

Apple Inc marketing chief Phil Schiller attacked Google Inc’s “fragmented” Android software and its biggest adopter, Samsung Electronics, a day before the Korean firm takes the wraps off its latest…

JSW Steel plans to raise $600 mn from overseas markets

JSW Steel plans to raise $600 mn from overseas markets

Private steelmaker JSW Steel plans to raise USD 600 million through overseas borrowings by March next year to prepay part of its rupee loan. “We are planning to prepay Rs…

AI lures travellers with 60-day advance fare offer

AI lures travellers with 60-day advance fare offer

With summer holiday season approaching, Air India has launched a 60-day advance ticket purchase scheme for vacation travellers with prices close to air-conditioned train fares. The advance purchase fare (Apex)…

BlackBerry shares rally on AT&T launch, takeover hopes

BlackBerry shares rally on AT&T launch, takeover hopes

BlackBerry shares rose 14 percent , fuelled by takeover speculation and news that AT&T Inc will start selling the new BlackBerry Z10 touchscreen smartphone in the United States on March…

Govt finalises CSR guidelines for public sector units

Govt finalises CSR guidelines for public sector units

The government today said it has finalised the CSR guidelines for public sector units, under which they will have to earmark a portion of their profit for social activities. In…