Business

Business

AirAsia India to start third daily Bengaluru-Delhi flight

NO-FRILLS carrier AirAsia India on Wednesday (January 27) announced it was enhancing the frequency on the Bengaluru-Delhi route with a third daily flight, a...

Cairn halts buybacks over Indian tax dispute

BRITISH oil and gas explorer Cairn Energy has suspended share buy-backs until an Indian tax dispute is resolved, it said on Tuesday (March 18),...

Barclays India wealth arm sees 25 per cent annual growth

THE INDIAN wealth management unit of Britain's Barclays expects its business to expand 25 per cent annually for at least three to five years...

India’s Maruti shows record fall in monthly sales

LEADING Indian car maker Maruti Suzuki on Monday (August 1) reported its sharpest-ever fall in monthly sales due to higher borrowing costs and disruptions...

Peugeot to ‘open plant in Gujarat’

FRENCH auto giant PSA Peugeot Citroen is to invest nearly $890m (£546.97m) to set up a factory in Gujarat for its re-entry into the...

Indian born Anshu Jain is front-runner for Deutsche Bank’s CEO position

ANSHU Jain has emerged as front-runner to succeed Josef Ackermann as Deutsche Bank's CEO. It looks increasingly likely that he will be nominated shortly...

RBI hikes MSS cap to handle liquidity

    The Indian government in consultation with the Reserve Bank of India (RBI) on Friday (Dec 2) sharply raised the Market Stabilisation Scheme (MSS) ceiling...

Unilever pricing row breaks out in UK

Some of the UK's most famous household brands may be off the shelves of some supermarkets as a pricing row has broken out between Unilever and...

GST refund to foreign tourists at airports on the cards

Foreign tourists may soon get to claim Goods and Services Tax (GST) refunds at airports at the time of exit as the revenue department...

VW revs up India focus

GERMAN automobile giant Volkswagen AG, seeking to tap into India's fast-growing vehicle market, said yesterday it hopes to sell 100,000 cars by 2014 in...