With an additional 64,000 passengers expected to be hit by the ongoing SAS pilots’ strike on Sunday, the Scandinavian airline has said it will reject all traveller compensation claims. Read More

Even as Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in the IL&FS audit process, it appears that the Ministry of Corporate Affairs may invoke section 140 (5) of the Companies Act to debar the firm in Indi… Read More

SBI is looking to appoint a consultant to suggest strategies for balance sheet optimization, maximising return on asset and pre-provisioning operating profit.SBI posted a net profit of Rs3,954.81 crore, the highest ever in seven years in the December quarter … Read More

ONGC, India’s biggest oil and gas producer, last year completed acquisition of Hindustan Petroleum Corp Ltd for Rs 36,915 crore. Read More

Dish TV has been active in the DTH field lately after the implementation of the new tariff regime by the Telecom Regulatory Authority of India (Trai). Notably, Dish TV remains of the most favoured DTH service provider in the industry […] Read More