Tata Power, ICICI Venture team up, eye power assets

While ICICI will be responsible for organising equity and debt financing, Tata Power will manage operations of the coal-fired and hydro power plants. Read more »

Air India tries to poach surge-pricing hit railway passengers with clever advertising

The ad, featuring the Maharaja, offered cheaper AI spot fares than Rajdhani flexi fares, taking potshot at Prabhu's pricing move panned by train travellers. Read more »

Proxy advisory companies against Cairn-Vedanta merger

Glass Lewis is against the proposal because it is not satisfied with the information relating to the process by which the boards decided on the merger. Read more »

Mandatory safety features to make cars costly from next year

All new models will have "vehicle reverse gear sensor system", which helps the driver detect any object behind the car as well as "manual override" feature. Read more »

Delhi Metro: Maximum fare may rise to Rs 50

Delhi Metro: The present minimum fare is Rs 8 while the maximum fare is Rs 30. The rates are different for Airport Express line. Read more »

Hospitality sector sees boom in occupancy on rising tourist arrivals

Though hundreds of new hotel rooms are coming up across the country, demand is expected to grow faster than supply at more than 10% a year. Read more »

IndiGo, Jet Airways, Air India recruiting more as they expand fleet and fly to more destinations

Based on their expansion plans, Tata Sons' two ventures, AirAsia India and Vistara, are expected to recruit at least 300 crew members between them over next 12 months. Read more »

Big Fish Ventures to invest Rs 250 crore on restaurant business

On the company's agenda next is the launch of a new restaurant concept, “Local” - spread across 14,000 sq. ft. in Connaught Place in Delhi... Read more »

Increased smart grids adoption multiplies hack risks says Technavio

Smart grids offer grid operators greater control of the functions of the power network for improving its reliability allowing enhanced monitoring and efficiency through information exchange. Read more »

Vedanta shareholders approve sweetened deal to merge Cairn

Further, secured creditors and unsecured creditors of the Company, at their respective meetings, have also approved the Scheme with requisite majority. Read more »