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Air India working on slashing fares by 10-12 pct
- IE - 17:11
In a bid to boost the air traffic growth rate, Air India's top brass has started working on slashing the carrier's fares following considerable reduction in jet fuel prices. ...
India realty sector set for correction: Report
- IE - 17:11
India's property market is poised for a correction and residential property rates will have to drop by up to 30 per cent in some geographies for affordability to catch up, a report on said on Monday. ...
Mukesh Ambani richest Indian in Forbes list
- IE - 15:56
Reliance Industries' Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal as the richest Indian in the world, with a net worth of USD 20.8 billion, 'Forbes' said in its annual rich list for the country. ...
At 58, I am still very young to retire: Lakshmi Mittal - IE - 15:13
The richest Indian and steel czar Lakshmi N Mittal may have worked hard to create the world's biggest steel entity, but says he's not tired and is not yet ready to hang his boots. ...
Don't worry, I want to create wealth: Mittal - IE - 15:09
Steel tycoon Lakshmi Mittal on Wednesday asked investors not to be perturbed by the fall in valuation of ArcelorMittal saying he is the largest stakeholder and is interested in creating more wealth for shareholders. ...
Buddha to announce new Singur project - IE - 15:00
With the Tatas withdrawing from Singur, West Bengal government will soon announce a new project to come up at the site, Chief Minister Buddhadeb Bhattacharjee said. ...
Mittal lost $50 bn in ArcelorMittal shares - IE - 14:54
NRI steel tycoon Lakshmi Mittal has suffered a USD 50 billion decline in the value of shares he holds in the ArcelorMittal following the global financial meltdown, a leading economic daily has claimed. ...
Govt announces tax sops for steel, aviation - IE - 14:54
Concerned over the slump and resultant decline in prices of iron and steel, on Friday the government announced major incentives for the industry and also scrapped the customs duty on aviation fuel. ...
Tata cuts Corus steel output - IE - 14:19
Tata-owned steel giant Corus has announced plans to cut production in Europe by up to one million tonnes over the next three months due to slowing demand. ...
Corporate India grapples with succession - IE - 14:09
For over a century, family-run business empires have held sway in India, but acrimonious succession battles are now turning off foreign investors and prompting Indian corporations to adopt post-dynastic strategies. ...
Security guards assaulted at Nano site in Singur - IE - 13:48
Unidentified armed men assaulted two security guards in the paint shop of the Tata Motors small car plant at Singur. ...
Essar to inject $160mn into Canadian ops - IE - 13:28
Essar Steel is pumping in USD 160 million (nearly Rs 740 crore) into its Canadian operations to ramp up production to 3.6 million tonnes per annum to feed demand in North America, set up a captive power plant and clean up the environment. ...


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