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India Inc Gets Pricing Mojo Back In Road To Recovery After Cash Ban, GST
After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum. Businesses are taking advantage of the solid demand to raise prices, lifting profits, but also fanning inflation at a time of higher oil prices and a currency slump.
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United Reports Solid Profits, Vows Better Customer Treatment
United has vowed to stop the practice of using police to remove passengers and will likely undertake further changes after a full audit of the incident.
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United Airlines Reports Solid Profits, Vows Better Customer Treatment
United Continental reported sharply lower first-quarter earnings Monday but they still bested analyst expectations, and the airline vowed to remake its customer service after its rough treatment of a passenger stoked global outrage.
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United Airlines' 2017 Business Model: Drag A Person Off A Plane, Keep Raking In Record Profits
On the surface the outrage over United Airlines forcibly removing a man from a flight after he refused to "voluntarily" give up his seat for a United employee looks like just another case of airline overbooking gone awry.
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Government Says Air India No Longer Loss-Making
Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed on Tuesday.
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Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings
Liquor baron Vijay Mallya's son Sidhartha has quit as a director from the board of United Breweries (Holdings) Ltd, a firm that holds investments in companies such as United Spirits and United Breweries.
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Failed to Get Hold of Vijay Mallya's Villa Despite Court Order: SBI
The Kingfisher Villa is part of the collateral pledged by United Breweries (Holdings) Ltd and Mr Mallya, guarantors to the Rs 7,000-crore loan that his Kingfisher Airlines had taken from a consortium of banks. SBI has the highest exposure of Rs 1,600 crore to the defunct Kingfisher Airlines.
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United Breweries Holdings Declared Wilful Defaulter, Shares Tank
United Breweries Holdings shares slumped nearly 14 per cent on Tuesday after the Vijay Mallya-controlled company was declared a wilful defaulter by state-run Punjab National Bank.
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US Airlines Surge But Clouds May be Ahead
Major US airlines are facing a boon thanks to lower fuel prices and enjoying record profits, but doubts remain as to whether the industry can reach long-term profitable levels.
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Banks Pile Pressure on Vijay Mallya Over Airline Loans
The airline founded by Mr Mallya failed to make a profit during the eight years from launch to the grounding of its fleet in October 2012 and has been unsuccessful in efforts to find new investors to revive operations.
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United Breweries Holdings Q1 Net Jumps Over Two-Fold to Rs 802 Crore
United Breweries Holdings on Thursday reported an over two-fold jump in net profit at Rs 802.10 crore for the quarter ended June 2014, boosted by 'exceptional items'.
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State Fund Plans to Take Malaysia Airlines Private For Restructuring: Report
A de-listing would pave the way for Khazanah to revive the ailing carrier, possibly by selling off its profitable engineering, airport services or budget airline units, trimming its bloated payroll and installing a new management team.
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Global airline sector profit likely to be at $7.5 billion in 2013: IATA
Global airline sector profit is likely to grow to $7.5 billion this year, with Asia Pacific and Middle East based airlines dominating the international passenger market and leading the way in terms of improved operating margins, according to IATA data.
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AirAsia's India venture may hit rough weather
AirAsias India venture may hit rough weather, aviation sources told NDTV Profit, based on the ministrys interpretation of foreign direct investment (FDI) norms in the sector.
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Sensex falls for second day; SBI leads declines
The BSE Sensex fell on Friday, posting its biggest weekly fall in four weeks, led by falls in State Bank of India, after the country's biggest lender posted its smallest profit increase this year as bad loans constrained earnings growth.
-
India Inc Gets Pricing Mojo Back In Road To Recovery After Cash Ban, GST
After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum. Businesses are taking advantage of the solid demand to raise prices, lifting profits, but also fanning inflation at a time of higher oil prices and a currency slump.
-
United Reports Solid Profits, Vows Better Customer Treatment
United has vowed to stop the practice of using police to remove passengers and will likely undertake further changes after a full audit of the incident.
-
United Airlines Reports Solid Profits, Vows Better Customer Treatment
United Continental reported sharply lower first-quarter earnings Monday but they still bested analyst expectations, and the airline vowed to remake its customer service after its rough treatment of a passenger stoked global outrage.
-
United Airlines' 2017 Business Model: Drag A Person Off A Plane, Keep Raking In Record Profits
On the surface the outrage over United Airlines forcibly removing a man from a flight after he refused to "voluntarily" give up his seat for a United employee looks like just another case of airline overbooking gone awry.
-
Government Says Air India No Longer Loss-Making
Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed on Tuesday.
-
Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings
Liquor baron Vijay Mallya's son Sidhartha has quit as a director from the board of United Breweries (Holdings) Ltd, a firm that holds investments in companies such as United Spirits and United Breweries.
-
Failed to Get Hold of Vijay Mallya's Villa Despite Court Order: SBI
The Kingfisher Villa is part of the collateral pledged by United Breweries (Holdings) Ltd and Mr Mallya, guarantors to the Rs 7,000-crore loan that his Kingfisher Airlines had taken from a consortium of banks. SBI has the highest exposure of Rs 1,600 crore to the defunct Kingfisher Airlines.
-
United Breweries Holdings Declared Wilful Defaulter, Shares Tank
United Breweries Holdings shares slumped nearly 14 per cent on Tuesday after the Vijay Mallya-controlled company was declared a wilful defaulter by state-run Punjab National Bank.
-
US Airlines Surge But Clouds May be Ahead
Major US airlines are facing a boon thanks to lower fuel prices and enjoying record profits, but doubts remain as to whether the industry can reach long-term profitable levels.
-
Banks Pile Pressure on Vijay Mallya Over Airline Loans
The airline founded by Mr Mallya failed to make a profit during the eight years from launch to the grounding of its fleet in October 2012 and has been unsuccessful in efforts to find new investors to revive operations.
-
United Breweries Holdings Q1 Net Jumps Over Two-Fold to Rs 802 Crore
United Breweries Holdings on Thursday reported an over two-fold jump in net profit at Rs 802.10 crore for the quarter ended June 2014, boosted by 'exceptional items'.
-
State Fund Plans to Take Malaysia Airlines Private For Restructuring: Report
A de-listing would pave the way for Khazanah to revive the ailing carrier, possibly by selling off its profitable engineering, airport services or budget airline units, trimming its bloated payroll and installing a new management team.
-
Global airline sector profit likely to be at $7.5 billion in 2013: IATA
Global airline sector profit is likely to grow to $7.5 billion this year, with Asia Pacific and Middle East based airlines dominating the international passenger market and leading the way in terms of improved operating margins, according to IATA data.
-
AirAsia's India venture may hit rough weather
AirAsias India venture may hit rough weather, aviation sources told NDTV Profit, based on the ministrys interpretation of foreign direct investment (FDI) norms in the sector.
-
Sensex falls for second day; SBI leads declines
The BSE Sensex fell on Friday, posting its biggest weekly fall in four weeks, led by falls in State Bank of India, after the country's biggest lender posted its smallest profit increase this year as bad loans constrained earnings growth.
