Thomas Cook shares crashed 75 per cent on Tuesday as Europe's second biggest travel firm said it was renegotiating terms with banks after a sharp drop in business, forcing a delay to its annual result

The government has kept non-AC second-class train and metro travel and pre-school and recognised education institutions out of service tax in the revised draft of ‘taxation of service based on negativ

A new weekly train 'Vivek Express' covering the country's longest rail route from Dibrugarh in Assam to Kannyakumari in Tamil Nadu will be operating from tomorrow.

The train will be flagged off from

The civil aviation ministry on Thursday said it has proposed a cap of 24 per cent on foreign direct investment (FDI) by international airlines in domestic carriers, but the final decision lies with th

As private carriers in India continue to suffer from bad business weather, Indonesia's Lion Air has scored what's being touted as Boeing's biggest-ever commercial order, ever.

Indonesia's Lion Air h

Hundreds of Indian-origin passengers with valid tickets on the Birmingham-Amritsar flight operated by an Austrian airline have been stranded in the two cities after the company ran into financial diff

Nineteen people, 17 of them children, were killed in a head-on collision between an overloaded school bus and a truck in northwestern China on Wednesday, local authorities and state media said.

The n

Angry passengers travelling by a private airline from Amritsar to Birmingham via Vienna, most of them of Indian-origin were forced to cough up 20,000 pounds over the weekend when the airline could not

While on one hand we have former president Dr Abdul Kalam being frisked by American security personnel in an US airport, here in India, we have many claiming VIP status to avoid security checks.

The

State-owned oil companies today hiked jet fuel prices for the second time this month, raising rates by a steep two per cent with effect from midnight tonight.

"The price of aviation turbine fuel (AT