Aviation
Air India no longer making losses
04 May 2016
National flag carrier Air India is slowly coming out of the red through operating efficiencies and cost-cutting, and is no more a loss-making enterprise
Govt defers decision on FDI approval for Agusta-Tata JV
03 May 2016
Indian Rotorcraft Ltd, set up in Hyderabad Aviation SEZ for assembling AW-199Kx helicopters, had sought an increase in its approved FDI of Rs17.6 crore to Rs19.64 crore and a change in the foreign investor from AugustaWestland SpA to Finmeccanica SpA
In ‘forced exile’, Mallya has ‘no plans’ to return to India
30 Apr 2016
In a long interview with a London newspaper, liquor baron Vijay Mallya claimed he was the victim of an inflamed media and government agencies, and he had no idea where the figure of Rs9,000 crore owed to banks had come from
SC directs Vijay Mallya to disclose all overseas assets to banks
26 Apr 2016
Mally’s counsel CA Vaidyanathan told the Supreme Court that the assets held by Kingfisher founder Vijay Mallya and his estranged wife and children were not covered under the personal guarantee given to the banks
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