Jet Airways to offer full services on all-economy subsidiary JetKonnect
New Delhi: In a bid to take on competition from Tata-SIA Airlines Ltd’s Vistara airline which is yet to start operations, Jet Airways India Ltd on Thursday announced launch of full services even on its all-economy subsidiary JetKonnect from December and plans to consolidate into a single-brand.... read more »
Alibaba in funding talks with Snapdeal
BANGALORE: China’s Alibaba has been in talks with Snapdeal as it looks to enter India’s booming online retail industry, according to two people aware of the development. Alibaba, whose mammoth share sale in the US is underway, is considering investment in Snapdeal as one of its options... read more »
Alibaba could join hands with Snapdeal to scale up presence in India
MUMBAI – Even as Chinese e-commerce giant Alibaba.com goes public this week in New York with plans to raise up to $25 billion, it is working on strengthening its position in the burgeoning Indian e-commerce market. The company, which entered the Indian market with a B2B model in 2010,... read more »
Reliance Power withdraws from Dadri power project in Uttar Pradesh
NEW DELHI: Reliance Power has formally withdrawn from the Dadri power project in Uttar Pradesh after a protracted legal battle over acquisition of land for the plant. The Supreme Court on Tuesday dismissed as infructuous the company’s appeal against a high court order setting aside the... read more »