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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…

China to raise N-power capacity by 20 percent this year

China to raise N-power capacity by 20 percent this year

China on Tuesday announced plans to raise its installed nuclear power generation capacity by 20 percent this year, shaking off concerns over atomic safety in the wake of Japan’s Fukushima…

Spectrum auction: Sistema Shyam Teleservices bids for 8 circles

Spectrum auction: Sistema Shyam Teleservices bids for 8 circles

Lone bidder Sistema Shyam Teleservices (SSTL) on Monday bid for eight circles in the 2G spectrum auction for CDMA services. The second round of auction is underway and it is…

Domestic car sales down 25.71%, bikes sale dip

Domestic car sales down 25.71%, bikes sale dip

Domestic passenger car sales declined by 25.71 per cent to 1,58,513 units in February this year compared to 2,13,362 units in the same month of 2012. According to the data…

Cabinet may consider Vodafone tax issue next week

Cabinet may consider Vodafone tax issue next week

The government is likely to take a view on the Rs 11,200-crore Vodafone tax case next week, a top Finance Ministry official has said. “The issue (Vodafone tax dispute) may…