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Chandrayaan success propels Ramesh Kunhikannan to billionaire status

The founder and CEO of Kaynes Technology, based in Mysore, India, has made his debut on the Forbes billionaire list this week. Ramesh Kunhikannan’s ascent...

Pakistan seeks bids for majority stake in airline

PAKISTAN is putting on the block a stake ranging from 51 per cent to 100 per cent of lossmaking national carrier Pakistan International Airlines...

Asda posts flat growth, market share shrinks

Supermarket chain Asda has slipped in terms of profitability and market share during the last three months, amid intense price wars in this segment. Promoted...

British billionaire Joe Lewis avoids jail in insider trading case, fined £4 million

British billionaire Joe Lewis was fined $5 million (£4m) by a US judge for insider trading. The judge also ordered him to serve three...

India’s central bank holds interest rates

India’s central bank kept interest rates unchanged for the seventh time in a row on Friday, as it sees both lingering inflation risks and...

Air India revamps loyalty programme

Air India has launched a revamped loyalty programme that the airline claims has customer-friendly features and a simplified new structure. The Tata-owned airline has said...

Virgin Atlantic announces fifth direct flight to India

WITNESSING “infinite demand” in the strong Indian aviation market, British carrier Virgin Atlantic said it will start an additional daily flight connecting Mumbai and...
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