Business

The airline was supposed to have filed the dues latest by March 6.

The Commerce Ministry had imposed a ban on cotton exports earlier last week in an apparent bid to increase the domestic supply.

This is the second time this year that Air India pilots are showing signs of unrest over delays in salary payments.

According to the report, the decision is likely to affect private sector participation in regulated capital intensive projects in India.

Tata Steel and ONGC have made it to Fortune's list of the world's most admired companies, which is topped by Apple.

The industry expects the Budget, to be announced on March 16, to relax norms for FDI and ECBs.

India's services sector lost momentum in February and firms shed workers for the first time in three months.

According to the Service Tax Department, cash-strapped Kingfisher Airlines owes Rs 40 crore in tax arrears.

The Railway Minister said that private sector can be roped in for development of tracks, rolling stocks and signals.

J C Sharma of Sobha Developers believes that the Budget 2012 will decide how the demand situation will pan out.

Etisalat of UAE and Bahrain Telecom have already announced their exit plans following SC cancelling 122 licenses.

SBI Chairman Pratip Chaudhari said equity is important and not the name and the origin or the business of the investor.

The EGoM, according to sources, has decided to fix a floor price for ONGC stake sale at Rs 290 per share of face value of Rs 5.

The study further pegged the average CEO compensation at "larger, more complex organisations" at more than Rs 7 crore.

Currently the real estate sector contributes to more than 5 per cent of global carbon emissions.

However, Kingfisher flight cancellations continued in Mumbai and Delhi.