The spectacular fall of Vijay Mallya and Captain Gopinath

Capt Gopinath-promoted carrier had defaulted on loan repayment. State Bank of India (SBI) will auction the properties pledged by Deccan Cargo & Express Logistics (DCEL), founded by Capt G R Gopinath, to recover part of the money the company owes it. As on ...

Gopinath said, "Dubai has become an aviation hub, but a similar policy initiative is lacking in India."

India's biggest lender, the State Bank of India is in a unique position this month. It is pulling the plug on two amazing entrepreneurs. Both extremely passionate businessmen launched startups that aimed for the sky. Sadly, both failed rather ...

Gujarat Chief Minister Narendra Modi will attend his first meeting of 's (BJP's) Parliamentary Board here on Tuesday.Modi was re-inducted after a gap of six years into the BJPs highest decision making body - - in March.The board will review the ...

"The exhilaration lies in building and creating. I am embarking all over again on another great journey... there is great adventure in store for the future." These are great lines with which Gorur Ramaswamy Gopinath concludes his autobiography, Simply Fly. The writer had launched India's first low-cost airline, Air Deccan, in 2003, and the "great journey" he was referring to was the taking-off of his next venture, Deccan 360, India's first dedicated cargo airline, and Deccan Cargo and Express ...

The hub and spoke model of the Gujarat government failed to lift the business enough to make it viable for the aviation company Mumbai Within just eight months of launching chartered flights in Gujarat, Deccan Shuttles has suspended its operations ...

Related to : Reliance Industries Ltd Reliance Industries Ltd BSE 10 May 13 | 02:41 PM 813.30 -4.8 (-0.59%) NSE 10 May 13 | 02:30 PM 813.05 -5.05 (-0.62%) Reliance Industries has lent a massive Rs 17,300 crore to one of its subsidiary Reliance ...

The relationship between a parent and a child cannot be explained in words. It is much more than that. A parent is a child's first friend, teacher, guide and motivator. At times, we think that the upbringing of children of rich and successful people ...

Kingfisher Airlines was set up in 2003 but hasn't seen a single year of profit since it got listed in 2006. Let's take a look at how the airline put the liquor baron Vijay Mallya on the rocks. May 9, 2005: Kingfisher Airlines' maiden flight takes ...