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Jet and Kingfisher Airlines, the other private full-service carrier in the country, badly require an equity infusion to remain afloat, said an aviation analyst requesting anonymity. Jet is yet to decide on the fund-raising instrument. As reported by ET, the company has sought the government’s permission to sell shares to overseas investors as it may [...]

Overwhelming to see the scintillating celebration to begin, a sea of people set to gather at the West Front of the Capital rocks the heart of a wintry Washington on Jan. 21. The massive mass of people is moving into the nation’s most storied house. Their poise presence is there for the president-elect Barack Obama. [...]

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