Even as passengers suffer from chronic delays and poor service, another new low-cost airline, IndiGo is set to take off. The target date for lift-off: anytime between July 1 and August 5.IndiGo is promoted by integrated travel and airline booking company InterGlobe Enterprises and US-based aviation executive Rakesh Gangwal.

IndiGo made huge headlines last June when the airline ordered 100...

S. Naganath is the President and Chief Investment Officer of DSP Merrill Lynch Fund Managers. He was with DSP Merrill Lynch since its inception in 1996 till October 1999 and then worked for Credit Suisse Asset Management, New York as a portfolio manager for international equities. Naganath, who is from IIM, Ahmedabad (class of 1987), rejoined DSP Merrill Lynch in 2002. He is bullish on Indian...

A warranty for your property is an obvious idea. Why are more builders not offering it? Ask your builder but before your do, here is what you should know

Whether we are buying a toaster, a washing machine or a refrigerator, we get warranties and extended warranties. Even the smallest items of durables such as power saver bulbs now come with manufacturer's warranty. Ironically we don't have...