Aug 21, 2014 at 10:29 | Source: CNBC-TV18
Experts feel the corporate governance in PSU banks is not as strong as private banks and there is lot of involvement and interfering by government officials.
Aug 19, 2014 at 13:35 | Source: CNBC-TV18
Ajay Singh, Former Director, SpiceJet says getting the right business model for an airline is of utmost importance now as it is getting difficult to run an airline successfully.
Aug 19, 2014 at 12:12 | Source: CNBC-TV18
United Bank is part of the consortium of lenders to Bhushan Steel but is not a part of any additional lending to the company, said Deepak Narang, ED, United Bank of India.
Aug 18, 2014 at 11:35 | Source: Moneycontrol.com
Vistara, the full-service airline jointly promoted by Tata group and Singapore Airlines, is expected to start operations in a month amid much skepticism over how another carrier -- and not a low-cost one at that -- will survive or thrive in a market that has been extremely brutal for its participants.
Aug 14, 2014 at 11:05 | Source: Moneycontrol.com
According to a report in DNA, which quoted the finance ministry, the Rs 336 crore loan sanctioned by Union Bank of India (UBI) was withdrawn and deposited in another account with a private bank by Kingfisher, which is not allowed.
Aug 14, 2014 at 09:04 | Source: Reuters
The competition in the full-service sector is heating up with no guarantees there will be enough passengers willing to pay higher prices to sustain three carriers in a market where low-fares dominate and where airlines struggle to make a profit.
Aug 13, 2014 at 09:21 | Source: Moneycontrol.com
Once a company is declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company. Besides, it would not be allowed to raise fresh funds from banks and set up new ventures for five years.
Aug 13, 2014 at 08:41 | Source: CNBC-TV18
Tata Steel | ONGC | BHEL | Sun Pharma | BEML | Essar Oil | REC | NMDC | Coal India | Bhushan Steel | STC | Parsvnath | SCI | Opto Circuits | Hathway Cable | TD Power Systems | Orbit Corporation | Engineers India | Natco Pharma | Jaiprakash Associates | Punjab & Sind Bank | IVRCL | Unitech and Dishman Pharma are stocks, which are in the news today.
Aug 12, 2014 at 13:14 | Source: Moneycontrol.com
The state-run bank was under CBI scanner for disbursing loans to debt-laden Kingfisher Airlines, when the Vijay Mallya-led company had a negative net worth and negative credit rating.
Aug 11, 2014 at 16:27 | Source: Moneycontrol.com
In an industry beset with losses and debt, the smallest of Indias five major airline companies, GoAir, has declared that it managed to post a profit of about Rs 100 crore each in both FY2013 and FY2014 -- showing how prudence and common sense can go a long way in helping carriers survive in an industry known for making its participants bleed.