Jet Airways employees considered taking over airline: NAG

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…

Equity indices to gain as healthy Q4 results buoy sentiments: Experts

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.

Air India can hire Jet's co-pilots, not 'costly Captains': IPG

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…

Tata team meets J&K Governor to explore investment avenues

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,…

Not in violation of US sanctions: Reliance Industries

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.

Jet pilot shoots tough questions at management

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…

Samsung rapped for not passing GST benefits to consumers

New Delhi (IANS) The Directorate General of Anti-Profiteering (DGAP) has served a notice on technology major Samsung India for allegedly not passing on the benefits of GST reduction to its customers and in turn making undue profits, sources said.

Jet issues gag order, fearing impact on stake sale

New Delhi (IANS) The grounded Jet Airways has issued a gag order to its employees advising them to refrain from speaking with external stakeholders.

An internal mail accessed by IANS suggests that talking with external stakeholders…

Jet suspends operation, airways stocks tank 30%

Mumbai (IANS) Jet Airways scrips tanked over 30 per cent on the BSE during the early trade on Thursday, after suspension of operations over refusal of lenders to provide emergency funding.

Jet scrips hit a low of Rs 168.60 apiece from it's…

Key Indian equity market indices open in green

Mumbai (IANS) Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher as the second phase of the Lok Sabha elections began with voting in 95 seats in the morning.

The Sensitive Index (Sensex) of…