Kolkata (IANS) Hotel Leelaventure on Tuesday said the diversified conglomerate ITC Ltd has filed a petition against it before the Mumbai bench of the National Company Law Tribunal (NCLT) for alleged "oppression and mismanagement".
"This…
New Delhi (IANS) In what suggests a beginning of larger partnership, low-cost carrier SpiceJet has announced to enter into a code-share agreement with Dubai's flag carrier Emirates.
The development assumes significance as grounded Jet Airways'…
Mumbai (IANS) Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding debt of the airline which is more than Rs 11,000 crore, document and sources revealed…
Mumbai (IANS) Indian stock markets fell steeply on Monday over a sharp rise in crude oil prices. The benchmark Brent crude futures rose above the $73 a barrel mark following reports that the US may end sanctions waivers it had granted to some importers…
Chennai (IANS) The Indian Pilots' Guild (IPG), one of Air India pilots' union, on Saturday urged the national carrier's management to hire just Boeing 777 (B-777) rated co-pilots on short-term contracts instead of hiring Captains…
Mumbai (IANS) The Indian equity market is expected to maintain its northward trajectory in the week ahead as healthy fourth quarter (Q4) earning numbers and anticipation of a stable Central government buoy investors' sentiments, analysts said.
…Chennai (IANS) Internal differences of opinion on employees taking over the management of Jet Airways did not permit pursuing the idea, but employees are ready to fully cooperate with any new investor for turning around the financially crippled…
New Delhi (IANS) An old-timer and veteran Jet Airways pilot Sudhir Gaur have blamed the management for keeping 22,000 employees in the dark over the turn of events that led to complete suspension of the airline's operations leaving the staff…
New Delhi (IANS) The Reliance Industries on Saturday said that reports suggesting its involvement in an arrangement that leads to cash payment for Venezuelan state oil company PDVSA via third parties and hence violating US sanctions are false.
…Jammu (IANS) A team of Tata group called on Jammu and Kashmir Governor Satya Pal Malik on Saturday to explore investment avenues in the state.
An official statement here said: "A team of Tata group comprising Girish Krishnamurthy,…