The aviation ministry said on Tuesday that banks and financial institutions will be requested to lend up to Rs. 600 crore to SpiceJet, backed by a personal guarantee from its promoter, media tycoon Kalanithi Maran.
The Delhi High Court on Tuesday permitted Chinese cellphone maker Xiaomi and e-commerce website Flipkart to sell Xiaomi’s handsets running on technology claimed to be patented by Ericsson till February 5, as a temporary measure.
The Centre on Tuesday told the Supreme Court (SC) that it would scrap the power projects in Uttarakhand if it found any flaw with them.
Petrol and diesel prices were on Monday cut by Rs. 2 per litre each as international oil prices slumped to five-year low.