Bloomberg Indian Prime Minister Narendra Modi is actively considering a proposal to privatize state-run Air India Ltd., possibly asking the buyer to absorb loans of about 200 billion rupees ($3.1 billion) linked to aircraft purchases, a person with direct knowledge of the matter said. The deliberations follow recommendations by a government panel for the sale of the money-losing carrier that ...

Emirates Business SriLankan Airlines, the National Carrier of Sri Lanka and a member of the prestigious oneworld alliance, will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29 this year. Australia is home to one of the largest Sri Lankan expatriate communities, many of whom reside in and around Melbourne, the capital of Australia’s ...

Fujairah / Emirates Business City Centre Fujairah, owned and operated by Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has added four big-brand stores. Adidas and Toys ‘R’ Us are among the latest shops to have opened. Womenswear chains Monsoon and Annabelle have also launched branches in the mall. ...