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TELSTRA JOINT VENTURE
Infosys shares jump 2% after Rs 1,300 crore deal to buy Telstra’s Versent stakeInfosys shares: Infosys will acquire a 75% stake in Versent Group, a wholly owned subsidiary of Australia’s Telstra Group, for AUD 233.25 m...
Infosys to acquire 75% stake in Telstra Group unit for $153 millionThe acquisition of Versent Group, a unit of Australian telecommunications and technology firm Telstra Group, will be made through its wholl...
Australia's Telstra seeks to partner with Accenture for AI boostThe proposed joint venture is part of a broader strategy to streamline Telstra's vendor relationships, reducing its data and AI providers f...
Australian shares gain on Telstra, Qantas; NZ at record highThe S&P/ASX 200 index rose 0.4 percent or 26.2 points 6,295.3 at the close of trade.
Let AirAsia, Vistara serve India first: SpiceJet's Ajay Singh to Ratan Tata"Mr Tata should urge airlines in which his group is a shareholder, to serve India willingly before being allowed to fly international," Sin...
AirAsia India starts Bangalore-Kochi flight serviceAirAsia India, the domestic arm of Malaysian airline AirAsia, today added Kochi to its network with the launch of a daily flight from Banga...
New government to review curbs on Indian airlines on flying abroadThe next govt is likely to take a fresh view on the issue of scrapping the 5/20 rule to allow Indian carriers to fly abroad, being pursued ...
Swamy moves EC on issue of licenses to AirAsia, Tata-SIABesides Swamy, FIA has filed two separate petitions challenging the approvals granted to Tata-Airasia and Tata-SIA Airlines deals respectiv...
Vodafone, Telenor experience makes foreign telcos tread cautiously in IndiaForeign telcos want to foray into India but experiences of Vodafone and Telenor have made them cautious, Telstra Global's Martijn Blanken s...
AirAsia aims to start India operations by April: Tony FernandesLow-cost carrier AirAsia, which has set up a joint venture with Tatas, expects to start India operations by April, its chief Tony Fernandes...
- Home Ministry vetting names of top bosses of Tata-Singapore airlines for security clearance
Tata-SIA have applied to the Civil Aviation Ministry for a NOC to start a full-service airline in India.
Would be very happy to look at Air India privatisation: Ratan Tata"As an when it happens, we would be very happy to look at it," Ratan Tata said when asked whether he would be interested if Air India was p...
AirAsia announces it has received NOC from Aviation MinistryThough NOC was issued by the Ministry last week, this was the first formal statement by the AirAsia CEO on microblogging site Twitter.
Arun Bhatia to raise Tata-Singapore Airlines issue at AirAsia board meetThe AirAsia India board is meeting on September 28. Tata Group directors in the domestic airline will be present in the meeting.
All matters on AirAsia's India operations resolved: Ajit Singh"All matters on AirAsia India have been resolved. The proposal has been sent to the Union Home Ministry for security clearance," Singh said.
Singapore based Mittu Chandilya appointed CEO of Air Asia IndiaThe appointment has been a much awaited decision with even the aviation minister saying that clearance will be given as soon the CEO was fi...
AirAsia India files application to launch operationsThe airline had filed its application with the Ministry on April 23. It has plans to launch operations with a few aircraft.
AirAsia's plan hits aviation ministry roadblockThe Ministry is understood to have expressed its reservations in a note to FIPB stating that the new co should have been formed before seek...
- AirAsia wants Ratan Tata to head JV
Price would be airline's biggest differentiator; company to start off with 3-4 A-320s, to focus on domestic operations, says Fernandes.
- Australia scraps $ 871 million broadband contract
Australia's government has cancelled a multi-million dollar deal with telco Optus and rural finance business Elders to build a broadband In...