As the strike by Air India pilots entered the 12th day, Government today promised to sort out problems of pilots within three months and appealed to them to join work. Source: Moneycontrol Business News
Union Civil Aviation Minister Ajit Singh today said strike by Air India pilots is illegal and they should come back to work in larger interest of the passengers. Source: Moneycontrol Business News
Ajay Piramal, chairman, Piramal Group speaks to CNBC-TV18 on closing the USD 635-million deal to buy Decision Resources Group and calls the lack of firm decision-making in government and bureaucracy to be the real challenge that India faces. Source: Moneycontrol Business News
Non-ferrous metals producer Hindalco Industries plans to start its 1.5 million tonnes per annum (mtpa) alumina refinery in Orissa by January 2013, a senior company executive said on Saturday. Source: Moneycontrol Business News
Adopting a ‘carrot and stick’ approach towards the 11-day Air India pilots’ stir, government on Friday indicated it could take back all those sacked, barring the Indian Pilots Guild (IPG) office-bearers Source: Moneycontrol Business News
Air India is likely to appoint a real estate consultant very soon to prepare a roadmap for monetising its assets in India and abroad worth Rs 5,000 crore over the next decade, official sources said on Friday. Source: Moneycontrol Business News
Air India (AI) has lost its marketshare in April, helping the low-cost airline SpiceJet to become the third largest airline in the month with a market share of 17.7% Source: Moneycontrol Business News
Oil marketing companies (OMCs) incur losses due to depreciation of rupee against dollar, minister of state for finance Namo Narain Meena said in a written reply in the Lok Sabha Source: Moneycontrol Business News
Diversified Aditya Birla Group will buy a 27.5% stake in unlisted media group Living Media India Ltd, which publishes the popular India Today magazine, for an undisclosed sum. Source: Moneycontrol Business News
Suzlon Energy is seeking up to 45 more days from bondholders to repay foreign currency bonds maturing in June while it works on raising as much as USD 300 million in loans, the wind turbine maker said on Friday Source: Moneycontrol Business News