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Sebi wants PSBs as 'public' shareholders in stock exchanges

Last Updated: Wednesday, March 19, 2014, 17:42

Capital markets regulator Sebi has suggested that banks and financial institutions from public sector be considered as 'public shareholders' in stock exchanges, but the view has been rejected by Finance Ministry.

CPSE ETF draws Rs 850 cr bids from anchor investors on 1st day

Last Updated: Tuesday, March 18, 2014, 21:29

Anchor investors put in bids worth about Rs 850 crore in the CPSE Exchange Traded Fund (ETF) that was launched Tuesday to help the government meet its disinvestment target.

Manufacturing may create 3.2 mn jobs during 2012-17: Assocham

Last Updated: Sunday, March 16, 2014, 15:39

Gradual revival of India's manufacturing sector with improved economic performance may help generate about 3.2 million additional jobs during the 12th Plan period, the study said.

FDI in pharma doubled during Apr-Dec

Last Updated: Sunday, March 16, 2014, 15:34

FDI in drugs and pharmaceuticals was USD 589 million in the April-December period of 2012-13, according to the latest data of the Department of Industrial Policy and Promotion.

No decision yet on reinstating sacked cabin crew members: AI

Last Updated: Friday, March 14, 2014, 19:47

Air India is yet to take a decision on reinstating 17 of its cabin crew, whose services were terminated recently for indiscipline and defying flight duty time limitation (FDTL) rules, airline officials said on Friday .

Air India takes back 13 sacked cabin crew members

Last Updated: Thursday, March 13, 2014, 21:04

Air India has "unconditionally" taken back 13 of the 17 cabin crew members it had sacked recently for indiscipline and defying flight duty time limitation, allegedly following pressure from a section of the employee unions, AI sources said Thursday.

India aviation market set to be `number one` globally: KPMG

Last Updated: Thursday, March 13, 2014, 19:31

India`s fast-growing civil aviation sector, already among the top 10 globally, could be number one worldwide by 2030, said a report Thursday by global consultancy KPMG.

Over-taxation restraining high growth in aviation sector

Last Updated: Thursday, March 13, 2014, 16:36

The high growth in Indian aviation market, which would in future be triggered by regional operations, was being restrained by over-taxation and lack of infrastructure in smaller cities, a recent study has shown.

Aviation sector manpower may grow to 1.17 lakh by 2017: Report

Last Updated: Thursday, March 13, 2014, 15:32

Aviation industry is believed to generate indirect and induced employment of nearly six times the direct employment.

Private banks at high risk of losing customers: IBM study

Last Updated: Thursday, March 13, 2014, 13:48

Private sector banks in India are at a greater risk of losing their customers on account of non-satisfactory services as compared to public sector banks, says a study by technology giant IBM.

Airport sector to attract $12.1 bn during 12th plan: Ajit

Last Updated: Wednesday, March 12, 2014, 21:38

The Indian airport sector is expected to attract investments of USD 12.1 billion during the 12th plan period, including USD 9.3 billion from the private sector, Union Civil Aviation Minister Ajit Singh said Wednesday.

Airport sector to attract $12.1 bn during 12th plan: Ajit

Last Updated: Wednesday, March 12, 2014, 21:29

Singh inaugurated the fourth edition of India Aviation show here, which witnessed one of the biggest aircraft deals being signed between budget carrier SpiceJet and Boeing.