
GVK Power & Infra net loss Rs.281 crore
Diversified infrastructure projects company GVK Power & Infrastructure Ltd. closed the first quarter of 2014-15 with a net loss of about Rs.281 crore, up by around Rs.250 crore over corresponding period last year. In a filing with the Bombay Stock Exchange (BSE), the company said it had... read more »

NDA govt will not entertain FDI in multi-brand retail : Nirmala Sitharaman
Clearing government stand on FDI in multi-brand retailing, Commerce and Industry Minister Nirmala Sitharaman today said the NDA government will not “entertain” foreign direct investment (FDI) in multi-brand retail. She said during Question Hour in Rajya Sabha that BJP got a massive... read more »

AirAsia India lowers fares, offers 20% discount
MUMBAI: AirAsia India, the latest entrant in domestic air space, has lowered its fares by 20 per cent for a limited period on all its flights. The discounted ticket scheme was launched on Tuesday for a six-day period (till August 17) and offers customers 20 per cent discount on tickets across... read more »

Ecuador quake triggers deadly landslides
Quito: A shallow 5.1-magnitude earthquake struck the Ecuadoran capital Quito Tuesday, triggering landslides that killed at least two people and violently shaking buildings and homes. Another eight people were injured and three others trapped in the landslides at quarries on the outskirts of Quito,... read more »