Business

The crisis-ridden airline is in a state of lock-out with its flights grounded.

According to the agreement, the employees will get an average salary hike of Rs 18,000 per month spread over three years.

The aviation sector is facing a sluggish single digit growth for past few months due high airfares.

At 9.04 am local time, the rupee was at 53.72/73 to the dollar against its previous close of 54.30/31.

The fortunes of Kingfisher, saddled with $1.4 billion in debt, hang on its ability to raise funds soon.

Sreedharan cautioned that the cost of the delay in implementing the metro project would be enormous.

Government had permitted FDI, up to 100 per cent, in single brand product retail trading.

The Fed has tied its unconventional bond buying directly to economic conditions, a move that is likely to be controversial among central bank critics.

The Index of Industrial Production growth dipped to 0.1 per cent in July, as compared to 3.7 per cent in the same month last year.

FDTL are guidelines which govern aspects like the maximum daily flight duty period including flying hours limitations.

The TRAI report shows that the overall telecom user base declined by 20.71 million subscribers between June and July.

A Delhi professor's thesis reveals how the Japanese lean production system ends up reducing permanent employment and denying workers a better life.

Indian shares erased all Tuesday's gains in early trade on Wednesday due to weakness in global markets.

The first all-vegetarian outlet by the fast food chain will be opened in Amritsar by middle of next year.

This is the second time that COMPAT has set aside a CCI order against Kingfisher in the same matter.

Indian shares fell 1 per cent on Friday due to slowdown in the growth momentum, political and policy paralysis.