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Didn’t ask pvt carriers to offer privileges to MPs

Didn’t ask pvt carriers to offer privileges to MPs

After reports private airlines were asked to extend certain privileges to members of Parliament (MPs) drew flak, the government on Wednesday went into damage control. The civil aviation ministry issued…

Renault-Nissan alliance sells record vehicles in 2013

Renault-Nissan alliance sells record vehicles in 2013

The alliance between Nissan and Renault sold a record 8.3 million vehicles last year, giving it fourth spot among global automakers, new data showed on Wednesday, as the pair reportedly…

New technologies to transform banking business: Infosys

New technologies to transform banking business: Infosys

As Indian firms turn towards disruptive technologies to optimise operations, banks too are joining the social media and mobility bandwagon to offer personalised services to customers this year, IT services…

Samsung ends patent row with Ericsson

Samsung ends patent row with Ericsson

South Korean electronics giant Samsung will pay telecom equipment maker Ericsson about 4.2 billion Swedish Kronas (over USD 650 million) to settle patent-related disputes, including royalties. Ericsson and Samsung have…

Aviation Ministry allows operation of Airbus A-380s

Aviation Ministry allows operation of Airbus A-380s

After demands by some major foreign carriers for several years, Civil Aviation Ministry approved the operations of Airbus A-380s in India at four airports currently equipped to handle these super…

AirAsia promises low fares in India

AirAsia promises low fares in India

Hopeful of launching flights in India in next 2-3 months, Air Asia chief Tony Fernandes says that the airline would introduce ‘dramatically’ low fares in the country, which would be…

Half of Indian CEOs ‘very confident’ of rev growth

Half of Indian CEOs ‘very confident’ of rev growth

Nearly half of the Indian CEOs surveyed are “very confident” about revenue gains for their companies in the next 12 months, even as they cited availability of skilled talent and…

Cadila gets USFDA nod for anti-depressant drug

Cadila gets USFDA nod for anti-depressant drug

Drug major Zydus Cadila has received approval from the US health regulator to market Bupropion Hydrochloride extended-release tablets, an anti-depressant medicine, in the American market. Zydus Cadila has received the…

Air India doles out free air tickets to its employees

Air India doles out free air tickets to its employees

Air India is doling out free air tickets to its 24,000 employees, even as it expects to incur a loss of Rs 3,900 crore this financial year and has a…

Google buys ‘smart’ thermostat maker Nest for USD 3.2 bn

Google buys ‘smart’ thermostat maker Nest for USD 3.2 bn

Google has announced that it is buying smart thermostat start-up Nest in a deal valued at USD 3.2 billion. “They’re already delivering amazing products you can buy right now —…