Second runway commences operations at international airport in Bengaluru
The Bengaluru international airport is the first Greenfield airport in India to be built as a private-public partnership. Private promoters hold 74% (Fairfax 54% and Siemens Projects Ventures 20%) stake in BIAL, while the govt holds the remaining 26% (Karnataka State Industrial & Infrastructure Development Corporation Limited – 13%, Airports Authority of India – 13%).
2 Russians charged in international malware scheme
The Justice Department unsealed charges Thursday against two Russian men in what authoriti...
Several countries agree J&K internal matter of India: MEA in Lok Sabha
The Ministry of External Affairs has informed the Lok Sabha that sever...
Pakistan's ailing economy gets USD 1.3 billion infusion from ADB
The ADB's quick dispersing special policy-based loan is part of a multi-donor economic reform programme led by the IMF to stabilise Pakistan's economy after a major deterioration in its fiscal position in 2018, according to a statement by the Manila-based regional lender.
IndiGo plane suffers high engine vibrations mid-air; returns to Mumbai
The aircraft, flying from Mumbai to Bengaluru, was involved in an air turnback due to high vibrations in one of its engines. The plane has been grounded at Mumbai.
NRI entrepreneur converts old Scotland Yard HQ into luxury UK hotel
The hotel, where room tariffs start at 430 pound a night had its official launch this week with a formal ribbon cutting by UK secretary of state for digital, culture, media and sport Nicky Morgan and the Indian high commissioner to the UK, Ruchi Ghanashyam, among others.
Film maker wins copyright infringement case against Google, YouTube
Suneel Darshan, the proprietor of film production company Shree Krishna International, had filed a suit for permanent injunction against Google India and YouTube, and their US parent, in 2011, in the district court of Gurgaon for infringement of his copyright.
Advent International, Temasek arms sell 8.2% in CG Consumer
Multiple financial institutions bought 5.12 crore shares collectively, the BSE data showed.
OPEC and allies prepare to deepen oil output cuts
The Organization of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna and with Russia and others, a grouping known as OPEC+, on Friday.
India's air passenger traffic grows 3.6 per cent in Oct; pace slower than seen in 2018: IATA
The International Air Transport Association (IATA), a grouping of more than 280 airlines worldwide, on Thursday said growth in India lags the robust 2018 outcomes. Globally, Revenue Passenger Kilometre (RPK) rose to 3.4 per cent in October compared to the year-ago period. RPK is a measure of demand.
Investors expect international stocks to outperform US in 2020
The move into overseas stocks comes as economic fundamentals appear to be improving in parts of Europe and Asia while US growth looks to be slowing, drawing money away from a market that had been an outperfomer.
Budweiser wants to go beyond ISS, says they now wish to brew beer far away, in microgravity
The experiment will be one of the 250 facilitated by the Elon Musk-owned aerospace company.
CarDekho raises $70 million to expand operations
Sequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho has now raised more than $250 million.
RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again
The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.
ICC announces extension of its partnership with OPPO till September 2023
ICC announced the extension of its partnership with smartphone makers OPPO for another four years till Sep 2023. OPPO will continue to remain the official mobile handset and headset partner of ICC and all associated ICC events including the ICC U-19 World Cup 2020 in South Africa and both men's and women's T20 World Cups in Australia next year.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service