All Indian airlines are suffering from loss. The sudden rise in the fuel prices is the major factor responsible for their loss. Jet airways announced its maximum loss in last three years.

Cairn India began the construction of the country's first heated oil pipeline to take the "waxy" crude from its fields in Barmer (Rajasthan) across a distance of 600 km to Salaya (Gujarat).

Apparel maker S Kumar’s Nationwide (SKNL) announced that the PE investment arm of the Government of Singapore Investment Corp (GIC), will invest Rs9 billion ($209 million) to take a 25.4% equity st

Scottish media group's shareholders have finally approved the sale of London’s Virgin Radio at its extraordinary general meeting.

New York headquartered ITT Corporation has announced that its Energy Absorption business has received a US$10,00,000 order for KONI(TM) branded dampers and shock absorbers from Indian Railways.