Etihad Airways to get right of first refusal

Will be the first choice if Naresh Goyal decides to sell stake in future The deal between Etihad Airways and Jet Airways has a ‘right of first refusal’ clause, which gives the Abu......

Lenders want Naresh Goyal, Etihad to salvage Jet Airways

The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to ma­ke repayments of up to Rs 1,700 crore by the end of Ma­rch. IMAGE: Naresh......

Markets close flat after a range bound trading

Key benchmark indices closed on a flat note as investors treaded cautiously on account of February month derivative expiry and the Union Budget 2013-14.The S&P BSE Sensex closed up 15 points at......

Reliance puts Rs 1,500 cr on TCS IPO

The Reliance group has emerged as the largest single investor in the recent initial public offering of Tata Consultancy Services. The group has put in nearly Rs 1,500 crore (Rs 15 billion). Cyrus......

Jeev, Chowrasia make cut in Abu Dhabi

Struggling Indian golfer SSP Chowrasia (72) sank a birdie on his closing hole of the second round to make the midway cut at the Abu Dhabi HSBC Championships. Chowrasia finished the second round......

Sports Shorts: Shubhankar makes cut in Abu Dhabi

A summary of sports events and sports persons, who made news on Friday. IMAGE: India golfer Shubhankar Sharma in action. Photograph: Ross Kinnaird/Getty Images Shubhankar Sharma assured himself of......

Qataris refuse to pay Woods $3 million appearance fee

Tiger Woods may guarantee packed galleries but even the oil-rich Qataris cannot afford the former World No 1's appearance fee for the only European Tour event in the Gulf state. The American's......

Rory McIlroy sizzles in Dubai Desert Classic

Rory McIlroy hit a sizzling nine-under 63 in the opening round of the $2.5 million Dubai Desert Classic on Thursday, bolstering his hopes of claiming a first European tour win since 2012. Playing......

McIlroy reckons Nike deal will improve his game

World No 1 golfer Rory McIlroy praised the clubs of his new sponsor Nike on Monday saying he was hitting the ball further than ever after agreeing a multi-year sponsorship deal with the U.S.......