Kingfisher Airlines loses license to fly: Bad times have befallen the King of Good Times. The Directorate General of Civil Aviation (DGCA) suspended Kingfisher Airlines' licence. The move came after the airline failed to come out with a viable operational and financial revival plan, for which it had been given an October 20 deadline.
The amount is more than double when compared with the entire previous calendar year
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
QIP is an alternative mode of resource raising available for listed companies to raise funds from domestic market
Wholesale inflation fell to 2.60% in September as prices of food articles, led by vegetables, softened
They liken the move to the barring of 331 suspected shell firms, without following principles of natural justice
Relax fiscal consolidation, boost public capex and reduce cost of finance, industry demands
Experts blame hurried processes with lack of clarity about the kind of leader one wants to have
Indian companies have set the most aggressive cost reduction targets in the APAC region
However, 17 firms witnessed a decline of Rs 35,000 crore in their net worth after the transition
TCS saw the ratio between top-paid executive pay & median employee remuneration rise to 515 times
The financial position of India Inc is deteriorating
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The RDB route has become a popular source of fund raising
Pranab Mukherjee on Tuesday said the lack of investment was 'unfortunate'
The interest coverage ratio has improved to 5.4 times in FY17 from 4.9 times a year ago
85 firms had interest obligations higher than their operating profits in FY17, up from 67 in FY16
With Mr Modi's parliamentary majority, India Inc, turned up the praise to full throttle
Debt instruments of 42 companies were rated in the default category in January-May
Premiumisation, improving demand aid realisation growth at most large firms