Search Results for: foreign investors

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Not focused on market shares, priority to keep fares low: AirAsia India as 1st flight set to take of

Bangalore, June 12 (ANI): As the first flight of the AirAsia India, the first airline with foreign investment in India, is set to start flights on Thursday, CEO Mittu Chandilya said that they are not focused on market shares but the priority is to keep the fares low. Chandilya said that the AirAsia chose only certain cities for operation going by their belief on the cities. Further, he also said that unlike other low-cost airlines, AirAsia is not using old aircrafts and have given good attention to the food on-board. Jun 12, 2014
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Sushma Swaraj flags off Kailash Mansarovar Yatra

New Delhi, June 11 (ANI): Foreign minister, Sushma Swaraj, on Wednesday flagged off the annual Hindu pilgrimage, Kailash Mansarovar Yatra, to the holy Lake Mansarovar in Tibet, the water of which is believed to cleanse all sins according to Hindus. Mansarovar Lake and the flanking Mount Kailash, which is the highest mountain in Tibet at 22,022 feet, are revered by Hindus as the abode of their god Shiva. Annually, pilgrims come from all over the subcontinent to take ceremonial baths in the lake water. The pilgrimage-route is considered prone to earthquakes and landslides. Jun 11, 2014
An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Falls Flat due to Forthcoming CPI and IIP Release

Rupee declined at early trade on Wednesday at 59.32 per dollar against previous day's closing value of 59.29 a dollar. The fall can be attributed to increased demand for American currency at Interbank Foreign Exchange market and absence of major inflows. Jun 11, 2014
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Police from footballing countries arrive in Brazil

Police officers from the 31 foreign countries participating in the 2014 World Cup are helping to boost security in Brazil ahead of the tournament. On Monday they inaugurated the Police International Cooperation Centre in Brasilia. Duration: 00:34 Jun 10, 2014
Narendra Modi met with Chinese foreign minister Wang Yi on Monday

Positive Takeaways from Modi-Wang Meet

Reciprocating Prime Minister Narendra Modi's gesture of inviting Chinese premier Li Keqiang to India, China's foreign minister Wang Yi extended the Chinese government's invitation to Modi to visit the country, which the latter graciously accepted. Jun 10, 2014
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China Foreign Minister meets Pranab, calls for greater cooperation

New Delhi, June 10 (ANI): Chinese Foreign Minister Wang Yi met President Pranab Mukherjee on Monday the last day of his visit urging for greater cooperation and making a new beginning with the newly formed Modi government of the world’s largest democracy. Wang also addressed a news conference in New Delhi to deliberate on the issues discussed in the meetings. During his address, Wang expressed China’s interest for investing in India especially in infrastructure and manufacturing sector. Prior to his meeting with Mukherjee, he also called upon Prime Minister Narendra Modi on the same day. The delegations of two countries, led by Wang and Modi, held diplomatic talks to discuss ways to make Indo-China bilateral relations stronger. Speaking on the trade issues, Wang regarded the meeting as a prelude to a bilateral free trade agreement which would help boost economic ties between the two Asian giants. Jun 10, 2014
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