Samsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartph...

This supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...

HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the f...

Indian equities are showing signs of a potential rebound, with attractive valuations and improved currency stability, according to Deepak G...

Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a y...

West Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swap...

AirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...

Chief of Naval Staff Admiral Dinesh K Tripathi highlighted that India's security is increasingly impacted by global events, with maritime s...

Air India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...

Air India has been suffering losses of Rs 5,552.44 cr in 2009-10, Rs 6,865.17 cr in 2010-11 and Rs 7,853 cr in 2011-12.

The first of the twenty-seven Boeing 787 Dreamliners ordered by Air India would be inducted in late May, as over 30 pilots are set to begin...

The move follows the government allowing AI to borrow up to $1 billion annually through the external commercial borrowing (ECB) route.

The Cabinet’s decision to bail out Air India yet again is proof, if any were needed, that the government is singularly knowledge-proof.

Air India's debt restructuring will impose a burden of Rs 2,000 crore on the consortium of 14 lenders, said a senior finance ministry offic...

Ailing Air India's turnaround plan, including restructuring of its massive debt, would come up before a GoM for approval in few weeks.