Lenders to Jet Airways (India) Ltd may tap its frequent-flyer programme to partly rescue the airline from its financial distress. Despite a sharp reduction in Jet Airways’ fleet and the pessimism stemming from its inability to repay loans and service plane lease …
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One week after a New York state airport became the second major travel hub this year to ban Chick-fil-A from opening a franchise, the authority that owns and operates that airport is reportedly not thrilled that it was blamed for a decision it did not make.
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For months, telecom companies across the world have been struggling with what to do with Huawei. The US has effectively locked the company out of American telecom networks, citing national security concerns — but as the rest of the world faces the same …
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Two Chinese men who were attending college in Oregon allegedly used thousands of counterfeit iPhones to scam a company that probably should have known better: Apple. Under the alleged scheme, a collaborator in China would regularly ship packets of …
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Baring Private Equity Asia (BPEA) has agreed to buy a 30% stake in software services company NIIT Technologies Ltd for about ₹2,627 crore ($381 million). Funds affiliated with BPEA have signed definitive agreements to purchase the stake totalling 18.85 …
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