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Stiff competition: 12 airlines close down in 21 yearsWhat are the reasons behind the grounding of so many airlines despite a steady rise in traffic? Indian airlines operate in a cost-hostile environment.… Read MoreTatas, GIC & SSG to buy stake in GMR Airports by investing Rs 8,000 crore“GMR Infrastructure Limited (GIL) Wednesday announced a proposed investment by Tata Group, Singapore’s sovereign wealth fund GIC and SSG Capital Manag… Read MoreMumbai-Delhi remains world's third busiest routeMumbai-Delhi was the third domestic busiest route in 2017 too but that year saw 47,462 flights between the financial and political capitals of India. … Read MoreMicromax co-founder plans to bring e-motorcycleThe first product that the company plans to launch in a few months will be an electric motorcycle — with a range of 150 kms on a full charge, which in… Read MoreUBHL’s plea seeking stay on shares auction rejectedLast week, UBHL moved the court of special PMLA judge MS Azmi and sought an order to stop the auctioning of the shares, valued at around Rs 1,500 cror… Read More
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