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Air India chief defends giving Russia millions as overflight charges

AIR INDIA chief Campbell Wilson has defended paying Kremlin millions as overflight charges to keep flying over Russia, the Telegraph reported. He added that the airline was...

Issa brothers hatch £8bn plan to takeover Subway

British Indian billionaire Issa brothers are eyeing to takeover fast food chain Subway for around £8 billion, according to reports. The Asda owners and EG...

Ajay Banga likely to become new head of World Bank

On Wednesday (29), Janet Yellen, the US Treasury Secretary, stated that she anticipates Ajay Banga, the former CEO of Mastercard, to be elected as...

Russian oil supplies to India set to increase as Rosneft announces new deal

On Wednesday (29), Russian energy corporation Rosneft declared a new agreement to increase oil sales to India, as the country seeks alternative buyers amidst...

Adani entities exposed to contagion risks, says Fitch report

Rating agency Fitch said two Adani Group subsidiaries are exposed to “heightened contagion risks”, possibly affecting their financial flexibility, due to governance weakness at...

Ivan Menezes transformed Diageo into a leading premium drinks company

Sir Ivan Menezes, who on Tuesday (28) announced his retirement as Diageo CEO, has been credited for transforming the company into the world’s leading...

Russia in talks with India to develop Northern Sea shipping route

Russia and India are looking at expanding the use of the Northern Sea shipping route that passes through the Artic and which could include...
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