NCLT orders insolvency process at low-cost carrier Air Costa
Air Costa is the second Indian airline, after Jet Airways, to undergo court-monitored debt resolution process under the Insolvency and Bankruptcy Code. Aviation regulator Director General of Civil Aviation had in June 2017 suspended the flying licence of the airline, making it officially wind up operations.
The intangible costs that Delhi's dirty air carries for a slowing economy
India’s losses from air pollution increased more than four times to...
Tata Steel unveils cost-cutting plans for Europe business, including job cuts
The Indian steel major said the changes were needed to ensure t...
Tata Steel unveils cost-cutting plans for Europe business, including 3,000 job cuts
A top Tata Steel official had earlier said that the steel major was looking to make European business stronger for which it would continue to explore various business options. The comments had come after its plans to merge European business with German steel giant Thyssenkrupp had fallen through. The company is now planning job cuts in Europe amid challenging market conditions.
Mobile call, data to cost more as Vodafone-Idea, Airtel to hike rates from December
Airtel & Voda Idea decided to hike tariffs from Dec 1 after they posted historic losses on account of AGR dues.
AIIB says projects, cost overruns biggest negatives of India
AIIB has $3 billion exposure to India which has a lot of appetite for credit and will continue to be the largest borrower in the near future. It was established in 2016 to fund developmental projects as part-time of which it takes both equity and debt interests in projects. Among the close to 60 member countries, India is the second-largest shareholder after China.
How dud stock becomes long-term investment in our portfolios
Our investment behaviour is driven by our notion of loss and gain, not by logic. Past cost should not matter in rational decisions. But when our investment lets us down, we hope that the price gets back to the original level so that we have no loss.
View: India needs a modern Parliament, but not at cost of its majestic past
In the 72 years as an independent nation, the importance and sacredness of Parliament has never been in any doubt. No doubt the institution itself has contributed to this veneration. Yet, in a country where moorti puja is widespread, it would not be wrong to suggest that the sheer splendour of Parliament House has been an important factor.
IndiGo's rising costs are indication for growth; expect a smooth landing by 2022: CEO Rono Dutta
IndiGo airline's CEO Rono Dutta clears the air on the issue and talks about IndiGo's south-east Asia strategy. Owing to seasonal disruptions, the profitability faltered however they had to start the China and Vietnam flights by October 31 though regulatory approvals there were required and so were the slots.
Greater private sector innovation, digital tools key to quality healthcare services in India at low cost: Bill Gates
Bill Gates, who is currently on a three-day visit to India, said: "Our biggest work has been broadly in the health area helping to get new vaccines introduced, helping to look at innovations in some of the disease-specific areas, like tuberculosis or visceral leishmaniasis (VL) or lymphatic filariasis (LF)."
How to survive in stockbroking industry amid tech disruptions, zero-cost offerings
Time was when brokers ruled and clients grovelled in front of them!
India voices concern over compromise in peacekeeping operational issues to reduce costs
Speaking at the General Assembly debate in the Fourth Committee on 'Comprehensive Review of the Whole Question of Peacekeeping Operations in all their Aspects', Military Adviser in India's Permanent Mission to the UN Colonel Sandeep Kapoor voiced India's serious concern over instances of compromise in peacekeeping operational issues to reduce costs.
Not insuring your car keys can cost you heavily now
If you have a car with remote-key/keyless FOB, taking insurance cover for your car keys becomes important. A car key insurance add-on in your policy covers the cost of replacing complete key lockset in a situation where you have lost your car keys.
Commodity companies seek tax rebate to cut costs
A tax of 0.01% is levied on exchange-traded commodity derivatives apart from other taxes.
Global Potential for tidal power is 1,000 GW, but costs dampen the prospects
However, the upfront construction costs of the tidal barrage, in addition to associated environmental impacts, remain major obstacles to further development of this energy source, said GlobalData in a recent study.
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