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Posted: January 24th, 2012, 6:27pm EST
The Reserve Bank of India has ruled out statutory liquidity ratio status for loans to Air India, crippling efforts to revive the debt-laden national carrier.
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Posted: January 24th, 2012, 9:46am EST
CIC has issued a show cause notice to Alliance Air for not disclosing information about a flight which was pulled out of its scheduled departure to ferry an IPL cricket team.
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Posted: January 24th, 2012, 8:51am EST
Bank chiefs conveyed this to the RBI governor, D Subbaroa, during the quarterly monetary policy meeting held in Mumbai today.
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Posted: January 24th, 2012, 7:47am EST
GMR Infrastructure has withdrawn its bid to modernise and expand an airport in Croatia, but is preparing to bid on similar projects in Brazil, a company official said.
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Posted: January 24th, 2012, 12:16am EST
Indi-Go, which currently operates and has on order the single aisle Airbus A-320, is considering induction of the twin aisle Airbus A-330 into its fleet.