The Travel Agents Association of India (TAAI) says its 2,400 active, allied and associate members may agree to waive the commission charged on Air India tickets booked by agents if the loss-making airline asks for this. The move could save A-I around Rs 300 crore annually.

Plans to rake in Rs 900 crore from marketing engineering, cargo & training services.

Chennai: The Karnataka government is planning to develop a 300-km ‘steel corridor’, which they hope will attract investment worth Rs 20,000 crore from the steel majors. As part of the development, the idea is for a nuclear power plant, a port and …

Berger Paints India will be investing Rs 100 crore from internal accruals in a 100,000 tonnes per annum (tpa) water-based paints plant in South India, that will also have a captive emulsions manufacturing unit.

City-based cement major India Cements has received approval for raising around $100 million (Rs 500 crore). The company informed the BSE that the members at the 63rd AGM held today approved the issuance of equity/equity-linked securities in Indian/foreign markets, qualified institutional placement for an amount not exceeding $100 million including premium.