You are here » Home » Multimedia » Photo Gallery » photogallery individual » September 28: Pictures for the day

September 28: Pictures for the day

  • September 28: Pictures for the day

    September 28: Pictures for the day

  • <p>Stewardesses serve passengers inside a Kingfisher Airlines aircraft in the skies over New Delhi</p><p><b>Kingfisher Airlines plans to exit its low cost business and focus on the premium model, Chairman Vijay Mallya said, in what will be a marked shift in an industry where most carriers are betting on the low-cost space.</b></p><p>Kingfisher, run by the flamboyant Mallya who also heads the UB group, operates the low cost arm under Kingfisher Red.</p><p>"We are doing away with Kingfisher Red because we do not wish to compete in the low cost segment," Mallya told reporters on the sidelines of Kingfisher&#39;s annual general meeting.</p>

    Stewardesses serve passengers inside a Kingfisher Airlines aircraft in the skies over New Delhi

    Kingfisher Airlines plans to exit its low cost business and focus on the premium model, Chairman Vijay Mallya said, in what will be a marked shift in an industry where most carriers are betting on the low-cost space.

    Kingfisher, run by the flamboyant Mallya who also heads the UB group, operates the low cost arm under Kingfisher Red.

    "We are doing away with Kingfisher Red because we do not wish to compete in the low cost segment," Mallya told reporters on the sidelines of Kingfisher's annual general meeting.

  • <p>A mannequin is on display beside a window as people shop in a clothes shop in New Delhi</p><p><b>India is moving quickly on a plan to open its $450 billion retail sector to global players such as Wal-Mart, the country&#39;s industry secretary said on Wednesday, in a sign the government may be pressing ahead with a key reform.</b></p><p>It is not the first time the government has vowed to speedily allow direct foreign investment in the Asian giant&#39;s modern supermarkets. But concerns about job losses and wrangling over infrastructure investment have sparked worries the reform is on the backburner.</p><p>Foreign retailers such as Wal-Mart, Carrefour SA, Tesco Plc and Metro AG see India&#39;s 1.2 billion population as one of the world&#39;s last largely untapped markets.</p>

    A mannequin is on display beside a window as people shop in a clothes shop in New Delhi

    India is moving quickly on a plan to open its $450 billion retail sector to global players such as Wal-Mart, the country's industry secretary said on Wednesday, in a sign the government may be pressing ahead with a key reform.

    It is not the first time the government has vowed to speedily allow direct foreign investment in the Asian giant's modern supermarkets. But concerns about job losses and wrangling over infrastructure investment have sparked worries the reform is on the backburner.

    Foreign retailers such as Wal-Mart, Carrefour SA, Tesco Plc and Metro AG see India's 1.2 billion population as one of the world's last largely untapped markets.

  • <p>Euro banknotes and small coins are pictured in open cash register in a shop in Olching</p><p><B>Bankers are bracing for a second round of losses on Greek debt if an earlier promise to write off 37 billion euros ($50 billion) is insufficient to help the struggling country stave off default.</B></p><p>German Chancellor Angela Merkel suggested this week that the details of a second international Greek bailout, hammered out in July with support from banks who agreed to share the 109 billion euros burden with taxpayers, may have to be renegotiated.</p>

    Euro banknotes and small coins are pictured in open cash register in a shop in Olching

    Bankers are bracing for a second round of losses on Greek debt if an earlier promise to write off 37 billion euros ($50 billion) is insufficient to help the struggling country stave off default.

    German Chancellor Angela Merkel suggested this week that the details of a second international Greek bailout, hammered out in July with support from banks who agreed to share the 109 billion euros burden with taxpayers, may have to be renegotiated.

LATEST GALLERIES