Business

The recent 'unbundling' of some services such as seat preferences or meals on board might be helping airlines to earn a lot of ancillary revenue, but the government is considering whether it could limit the number of 'preferred seats' on sale on each flight.

Stock markets may witness some consolidation this week after key indices closed at fresh multi-year highs and corporate earnings from SBI, Tata Steel and Larsen & Toubro will decide the course, experts said.

Indian-American tech tycoon Vivek Ranadive has become the majority stakeholder in the NBA’s Sacramento Kings and will keep the team in the California capital.

Stock markets may witness some consolidation this week after key indices closed at fresh multi-year highs and corporate earnings from SBI, Tata Steel and Larsen & Toubro will decide the course, experts said.

MG George Muthoot, chairman, The Muthoot Group, has more than 55 years of industry experience and is the 3rd generation head of the group. Muthoot shares his best and worst leadership decisions and talks about other leadership issues with HT.

Indian-American tech tycoon Vivek Ranadive has become the majority stakeholder in the NBA’s Sacramento Kings and will keep the team in the California capital.

Tata Motors today said it has raised 350 million Singapore dollars (about Rs. 1,525 crore) through issue of securities in Singapore, mainly for redemption of preference shares.

India remains opposed to the European Union’s emission norms for airlines even as European Commission said it may fine Air India and Jet Airways for not sharing emission data. A senior aviation ministry official said that the matter will be taken-up with the commission.