Monthly Archives: January 2014

DGCA old rules threaten to delay launch of AirAsia India

    Eyebrows are being raised over the manner in which the Directorate General of Civil Aviation (DGCA) has for the first time invoked the archaic Aircraft Rules, 1937, to delay the launch of the AirAsia-Tata Group joint venture (JV) AirAsia … Continue reading

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BSE Sensex extends losses, down over 200 points after Fed’s decision

  The benchmark BSE Sensex extended losses for the fifth straight session and fell by over 200 points in morning trade on Thursday following sustained selling by funds after the US Federal Reserve decided to further taper its monetary stimulus programme . At 10.57 … Continue reading

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Vodafone eyes Tata Tele; will beat Airtel to become largest telco by subscribers if it succeeds

Vodafone is in early talks with the Tata Group to buy its controlling stake inTata Teleservices to create India’s largest telco by subscribers. “Discussions are at an early stage. It is difficult at this stage to say what the outcome of … Continue reading

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