IndiGo, the country's largest airline, is in talks with Airbus to finalise a deal to acquire up to five A321 converted freighters amid a burgeoning air cargo market
Tata Sons now only firm in the fray for distressed national carrier
Amit Shah said the process of granting Indian citizenship to refugees under the CAA, will begin once the process of Covid-19 vaccination has ended. Read top stories with Business Standard
The move, even by his standards, seems bold. Especially, when his companies - Jessop & Co, Dunlop - that earned him the moniker "turnaround tycoon", are facing liquidation
Once known as a 'turnaround tycoon', Ruia was knocked off that pedestal after the firms he acquired went into liquidation
From New Budget rules on holding firms queering the pitch for sovereign, pension funds to Pawan Ruia's EoI for Air India, Business Standard brings you the top headlines at this hour
Ruia had moved the petition seeking quashing of FIR and criminal proceedings against him by the state CID
A state police team recently arrested the Ruia group chairman in connection with a complaint of theft lodged by the railways last month
Railways min had lodged a complaint after alleged theft of goods from a factory of Jessop and Company
Pawan Ruia, known as the turnaround tycoon till recently, bought sick companies with plans to turn these into profitable ventures, but failed in his attempt
After the Jessop factory caught fire for the fourth time, a state's minister suspected foul play and recommended investigation into the matter
Govt passed a bill to take over closed factories of Jessop, Dunlop in West Bengal which was then under Ruia Group