Tag archive for ‘India’
By Loknath Das On Thursday, January 18th, 2018
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Probing windshield cracks on Air India Dreamliners, says Boeing

Aerospace manufacturer Boeing is examining the issue of windshield cracks on its 787 Dreamliners after Air India witnessed three such incidents in the recent past. Earlier this month, a Delhi-Kolkata plane was More...

By Loknath Das On Wednesday, January 17th, 2018
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Air India Joins Hands With 3 Banks For Loans For Three Boeing 777 Planes

Air India ties up with 3 banks for raising loans, says civil aviations minister Jayant Sinha New Delhi: State-owned Air India has tied up with UAE-based First Abu Dhabi Bank as well as Standard Chartered Bank More...

By Loknath Das On Tuesday, December 26th, 2017
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A Look at the Ever-Changing Car Industry in India

In the old days, owning a car was considered a status symbol but now it is a convenience that everyone has easy access to. Whether you are driving to office or dropping of your children at the school, cars have More...

By Loknath Das On Friday, November 24th, 2017
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Insurer Aviva India Turns To PSU Banks On Recapitalisation Plan Boost

Aviva Plc’s India life insurance joint venture is raising its exposure to the country’s state-run banks as it bets the government’s $32 billion plan to rescue lenders burdened with record bad More...

By Loknath Das On Friday, November 24th, 2017
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India passing through fast formalisation of economy, says Arun Jaitley

Finance minister Arun Jaitley on Friday said India is at present passing through a stage that will in future be recognised as a phase of fast formalisation of the economy. Speaking at a State Bank of India (SBI) More...

By Loknath Das On Friday, November 3rd, 2017
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State Bank of India reduces lending rates on home and vehicle loans

India’s largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans by five basis points (bps). In a statement issued in Mumbai, the bank said it has More...

By Loknath Das On Wednesday, September 13th, 2017
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As India Inc Struggles To Cut Down Debt, Economy Suffers

Mumbai: Cash crunch and confusion over the introduction of GST (Goods and Services Tax) were initially blamed for pulling economic growth down to its weakest pace in more than three years. But that is masking a More...

By Loknath Das On Tuesday, August 22nd, 2017
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India Ahead Of China On Retail Development Index In First Half Of 2017

New Delhi: India has surpassed China in the global Retail Development Index in 2017, indicating growing prominence of the country as a preferred retail destination for global brands, says a report by real estate More...

By Loknath Das On Tuesday, August 22nd, 2017
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‘India May Become First Nation Using LED For All Lights By 2019’

New Delhi: Power Minister Piyush Goyal today said India will probably be the first country in the world to use LEDs for all lighting needs by 2019, which would help the nation save over Rs. 40,000 crore a year. State-run More...

By Loknath Das On Saturday, August 5th, 2017
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Hyundai may abandon hybrid vehicle plans for India

South Korean auto major Hyundai may cancel plans to introduce hybrid vehicles in India due to lack of government support, according to a top official of the company’s subsidiary here. Hyundai Motors India Ltd More...