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Tata Sons vs Cyrus Mistry: CJI SA Bobde discloses his son appears for Shapoorji Pallonji Group firm
•However, the lawyers appearing in the case on behalf of both the parties expressed that they had no objection to a CJI-led bench hearing the case
AGR dues: Tata Sons chief meets Communications Minister Ravi Shankar Prasad as DoT prepares to issue notice to Tata Teleservices
•Tata Teleservices has paid Rs 2,197 crore, the entire outstanding it believes to have arisen after the October ruling of the apex court for calculating dues.
Air India sale: Govt's proposed deal to sell national airline sweeter than expected; buyer can recover investment, say analysts
Fp Staff •Given the number of aircraft owned by Air India and its low-cost subsidiary Air India Express, a buyer can recover a major portion of the investment by adopting sale and lease back of airplanes
High average fares, increase in passenger numbers help AirAsia India trim quarterly loss
•In a recent filing to the Malaysian stock exchange, AirAsia Berhad said that AirAsia India recorded a total revenue of Rs 904.74 crore in the latest June quarter.
IndiGo promoter spat: Dragging rift to govt and Sebi doors, Gangwal and Bhatia's fight may land in court
Ajay Awtaney •Given the turbulence in the sector, one would have thought IndiGo would have taken the next steps to fly over its 50 percent market share
TCS is a flying elephant, while Infosys has healed its wounds; Salil Parekh needs to show some magic
Narayanan Madhavan •The numbers show TCS maintaining a clear lead in profit margins and hiring far more people than Infosys—two indicators that show it is bigger AND better.
Low-cost carrier AirAsia India offers 20% discounts on ticket prices across flights for 7 days
•AirAsia's seven day offer commences from 18 February for travel between 25 February and 31 July
From Q1 loss to talks of sale of airline, a timeline of Naresh Goyal-owned Jet Airways' turbulent journey
•Jet Airways Ltd, the biggest full-service carrier in India, has been under dark clouds for the past few months.
Jet Airways buyout: Tata Sons concludes board meeting; says no offer to cash-strapped airline yet, talks only at 'preliminary' stage
Fp Staff •The Tatas, which already run two carriers-the full-service Vistara in a joint venture with Singapore Airlines and AirAsia India in a similar arrangement with Air Asia of Malaysia, have widely speculated to be planning a complete takeover of the Naresh Goyal-run airline with its international partner Singapore Airlines.
Tata's Trent aims to triple revenue to Rs 15,000 crore over ten years; expects to invest Rs 150 crore a year for expansion
Fp Staff •India’s overall retail market is pegged at Rs 47 lakh crore, and modern retail and e-commerce together make up about four percent of that pie.