AirAsia set to become most connected non-local airline in India
With the launching of three new flights to Kochi, Kolkata and Trivandrum, Malaysia-based low cost carrier AirAsia is set to become the most connected non-local airline in India.

Shell in talks to buy 10% of Essar Oil: Report
Royal Dutch Shell is in talks to buy 10 percent of Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, a financial daily reported on Saturday, citing people with knowledge of the plans.

AI pilots defer strike by six days
Air India pilots, protesting management`s moves to cut their salaries and allowances, on Friday deferred their strike threat from November 24 by six days, even as the conciliation talks remained inconclusive.

Tata Steel completes USD 546-mn exchange offer for CARS
Steel major, Tata Steel, has successfully sold USD 546.9-million of new 2014 convertible bonds to cut its funding cost for overseas acquisition, a company statement said.

Air India offers 20% discount to senior citizens
In a bid to woo customers to its first and executive classes on international routes, national air-carrier, Air India, has offered a 20 per cent discount to senior citizens.

ICICI Bank, HUL among world`s best companies for leaders
Indian private sector lender ICICI Bank and global consumer goods giant Unilever`s India-based subsidiary have been named in a list of world`s 10 best companies for leaders.

HAL to invest Rs 25K cr in next 10 years
Hindustan Aeronautics Ltd plans to invest more than Rs 25,000 crore in the next 10 years on the back of a strong order pipeline and big ticket projects on the horizon.

SAIL again delays its Rs 70,000-cr mega expansion plan
The global recession and the resultant demand slump has delayed Steel Authority of India`s ambitious Rs 70,000-crore expansion plan for the second time in as many months, as it would now be completed by 2012-13 only.

Rolls Royce`s `Ghost` ready to haunt Indian roads
After `Phantom`, Rolls Royce is ready to drive its most technologically advanced car `Ghost` into India and hoped that at least 45 people with crores in disposable income would be charmed by the vehicle`s simplistic design.

Nikon hopes to widen distributor network
Digital imaging equipment maker Nikon has undertaken a major exercise to penetrate smaller cities and towns, increasing distribution channels, to double its overall sales and market share.