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Delta Air Lines to begin non stop flights between US and Mumbai in 2019

This move allows Delta and its partner airline Jet Airways to expand its traffic on India-US route.....»»

Category: topSource: business-standard16 hr. 26 min. ago

Four years of Modi: Digital India catches up, but cybersecurity a hurdle

The sixth and last part of the series on flagship programmes analyses how internet governance is making a difference......»»

Category: topSource: business-standardMay 23rd, 2018

Tata Steel"s Bhushan buy to raise net leverage over next 2-3 years: Fitch

Tata Steel's acquisition of a controlling stake in debt-laden Bhushan Steel is likely to raise the former's leverage over the next two to three years, Fitch Ratings said today. The move would also offset benefits to Tata Steel's cre.....»»

Category: dealsSource: nytMay 23rd, 2018

What makes UltraTech"s acquisition of Century Textiles a clever move

Century's capacities in Madhya Pradesh, Chhattisgarh and Maharashtra, and its West Bengal grinding unit will help UltraTech emerge the leader in central and east India in a short time.....»»

Category: topSource: business-standardMay 21st, 2018

Statsguru: Total private debt soars in China, remains stable in India

The top three borrowers in the world are the United States, China and Japan.....»»

Category: topSource: business-standardMay 20th, 2018

In a retaliatory move, India mulls tariff hike on 20 US products

The additional duty proposed to be hiked on these items ranges from 5 per cent to 100 per cent.....»»

Category: topSource: business-standardMay 20th, 2018

The 13th Habitat Film Festival in Delhi offers a feast of regional cinema

Vidyun M Singh, director programmes, Habitat World, India Habitat Centre, emphasises that the festival has carved a niche as one solely dedicated to Indian regional cinema.....»»

Category: topSource: business-standardMay 18th, 2018

Bad news for RCom: Settlement with Ericsson over unpaid dues unlikely

With debt totalling 457.33 billion ($6.73 billion) at end-March 2017, RCom is the most-leveraged of all listed telecoms carriers in India.....»»

Category: topSource: business-standardMay 18th, 2018

The debt pile: IMF sounds a warning about growing levels of debt

India's general government debt, at 69 per cent of GDP, according to the IMF, is significantly high for a country at its level of development.....»»

Category: topSource: business-standardMay 17th, 2018

Air India may have to pay $8.8 mn penalty to passengers for flight delay

Flight AI 127 was bound for Chicago on May 9 with a flight time of 16 hours.....»»

Category: topSource: business-standardMay 17th, 2018

US household debt edges up to $13.21T in 1Q: N.Y. Fed

Meanwhile, the U.S. housing sector has continued to its recovery since the global credit crisis a decade ago......»»

Category: topSource: foxnewsMay 17th, 2018

Analysis: Why no one wants India"s national airline

Air India is having trouble finding buyers. Huge amounts of debt and strict caveats by its owner, the Indian government, are deterring potential investors......»»

Category: topSource: cnnMay 17th, 2018

HDFC"s subsidiary HDB to raise $150 mn from IFC in senior debt investment

The proposed IFC debt facility will enable HDB to expand its individual micro & small business loan portfolio in the low-income states (LIS) of India.....»»

Category: topSource: business-standardMay 17th, 2018

We toughened due diligence after scams in India: Paul Rowley of De Beers

We will focus on companies with 70:30 debt equity ratio, says the Executive Vice president of the world's leading rough diamond mining company.....»»

Category: topSource: business-standardMay 17th, 2018

What India can teach a world drowning in debt

IMF's recently released global database shows that the world has a lot to learn from India's thrifty habits.....»»

Category: topSource: business-standardMay 16th, 2018

NCLT relief unlikely for two dozen stressed power projects under IBC

The RBI in February mandated banks to classify even one-day delay in debt servicing as default.....»»

Category: topSource: business-standardMay 15th, 2018

GDP growth to rise to 7.7% y-o-y in Q1 from 7.2%, says Nomura Report

The report further noted that India is expected to witness cyclical recovery led by both investment and consumption.....»»

Category: topSource: business-standardMay 14th, 2018

India"s Iranonomics: Centre wants Tehran to agree on rupee payment

The move has been triggered by Delhi's wariness of Beijing's growing focus on capturing export markets in Iran.....»»

Category: topSource: business-standardMay 13th, 2018

Tim Mullaney: Could withdrawing from the Iran deal bring down Trump?

As President Donald Trump pulls America out of the deal to keep Iran from developing nuclear weapons, it’s worth asking whether this move will be the one that finally ends the second-longest recovery in U.S. history......»»

Category: topSource: marketwatchMay 9th, 2018

Airtel said to plan Africa unit IPO in $4.6 billion debt cut

India's top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019.....»»

Category: topSource: business-standardMay 9th, 2018