Manufacturers of electric vehicles (EVs) have been lukewarm to the ad hoc subsidy scheme announced by the Centre for them. Sector majors have not been enthused by the lower level of incentives in the scheme, which has replaced the flagship Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles-II. Moreover, increased stringency in claiming subsidies and delays in disbursement have been cited by several original equipment manufacturers (OEMs).
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
It took the Danish beer maker eight years to move among the top three.
Jumbo King is profitable from the beginning and is growing upwards of 35 per cent annually.
The growth rate could continue for another seven years.
It's puzzling why Indian cos keep their acquired brands out of play.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
Come and check us, we're always open and law-abiding, says co-founder of US-based entity selling in India, after Delhi Police asks govt to track some e-commerce sites.
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Four websites, including Flipkart, may be blocked if the govt feels they're maintaining objectionable content.
@015 may be a good year for FMCG firms.
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SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
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Amul will now export dairy products to Russia.
Vistara will have to face stiff competition from Jet Airways, AirAsia
Foreign carriers to pick up staff from cash-strapped SpiceJet.
The airline dropped fares to gain customer load, but failed to cover the cost of its flights
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