Civil Aviation Minister Ajit Singh said the AI unions have to look at the health of their organisation and understand that this is an era of competition.

5/20/2012 6:11:31 PM

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.

5/19/2012 12:06:19 PM

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.

5/19/2012 11:06:02 AM

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.

5/19/2012 10:58:59 AM

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.

5/19/2012 10:42:02 AM

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

5/18/2012 5:30:27 PM

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.

5/18/2012 5:30:12 PM

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%

5/18/2012 5:12:58 PM

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

5/18/2012 5:02:00 PM

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.

5/18/2012 4:30:02 PM

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

5/18/2012 3:16:02 PM

State-run Union Bank of India today slashed interest on home loans to its base rate in select case. The new rates, which will be applicable to both existing borrowers on floating rates as well as new ones, will be able to avail of credit at the bank's base rate of 10.50%, the city-based lender said in a statement here.

5/18/2012 3:06:40 PM

Nearly 300 investors and industrialists from the districts of Ernakulam, Alappuzha and Thrissur districts attended at an investors meet on Friday.

5/18/2012 3:06:18 PM

Wind turbine maker Suzlon Energy on Friday said it is in advanced stages to raise up to USD 300 million from new facilities to meet its FCCB (foreign currency convertible bonds) obligations in June.

5/18/2012 12:52:07 PM

Pharma major, Dr Reddy's Laboratories announced today that it has launched Clopidogrel tablets, USP, a bioequivalent generic version of Plavix in the US market.

5/18/2012 12:06:44 PM