Jet fuel supplies to SpiceJet resumed after the airline paid cash for the purchases, but the oil companies denied having stopped fuel supplies to the troubled carrier

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A government reprieve this week hasn?t helped SpiceJet much, as the carrier?s operations have been grounded from this morning because oil companies refuse to sell jet fuel to the cash-strapped airline…

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SpiceJet, owned by Kalanaithi Maran’s Chennai-based Sun group, has been given a week by the government to submit a financial plan clearly stating how it plans to stay afloat

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The acquisition will make Olam one of the world?s top three cocoa producers with a combined annual capacity of around 700,000 tonnes

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The Indian Space Research Organisation (Isro) today successfully carried out a rehearsal of the maiden launch of its heaviest launch vehicle GSLV Mk III, which would carry out the ‘Crew module Atmo…

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Terra Firma Capital Partners is planning to sell Autobahn Tank & Rast Holding GmbH in a deal that could value the German highway rest-stop chain at more than ?2 billion ($2.5 billion), Bloomber…

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A consortium of private equity firms Carlyle Group and Warburg Pincus are in advanced talks to buy credit rating agency DBRS Ltd for more than $500 million, Reuters yesterday reported citing people…

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The cumulative net profit estimate of airlines in 2014 has been raised to $19.9 billion from $18 billion in June, and is forecast to rise another 26 per cent to $25 billion in 2015

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Delta Air Lines has requested the travelling public to not confuse the bespoke airfares available on their airplanes as anything like what the carrier’s rivals had to offer, Bloomberg reported.

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Pictures of Mount Sharp, which stands about 5 km tall, indicate that its lower flanks exposing hundreds of rock layers alternated between lake, river and wind deposits – signs of a Martian lake much l…

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