Sheikh Ahmed Bin Saeed AlMaktoum, the US-educated 50-year-old Chairman of the Emirates Group, which operates the Dubai-based international carrier Emirates, believes that the airline is “one of the vehicles on whose virtue Dubai has reached where it has today”.

The third quarter results confirmed the worst fears that the slowdown has hit companies hard. And the next quarter is likely to be worse.

We start our weekend breaks package in the North of India, in the nation’s favourite destination state, Rajasthan. The Amanbagh Resort is only five hours from Delhi, and it provides a luxury experience like no other. What’s more, it’s offering a 40 per cent discount to Indian nationals. Sanjiv Bhattacharya experiences the magic.

Few Indian promoters could conjure up a fraud of the magnitude that Ramalinga Raju has. Like Raju, however, a clutch of Indian promoters face a real danger of losing control over their companies, courtesy their pledging gambit. Virendra Verma & Rachna Monga report. 'There is some connivance in Satyam fraud' Satyam fraud shameful: Prem Chand Gupta  The great Satyam robberyHow funds are siphonedThe maze that is MaytasOn the trail of fraudConfessions of auditorsAudit: Elusive independence'With XBRL, you can’t hide'When your boss does you inStruck by scams, stuck with stockFooling the shareholdersRipple effect

Air Asia’s Tony Fernandes has blanketed much of Asia with his low-cost airline. Policy environment willing, he could shake-up the aviation industry in India, too.

Healthy cash reserves and compelling valuations encourage India Inc. to scout for acquisitions abroad.

Low ATF prices and a possible shift in FDI policy for aviation hold out prospects of a speedier turnaround for Kingfisher Airlines.

Silly season is upon us, and the awards are being handed out left and right—to entrepreneurs, enterprises, politicians, just about anybody in the public eye. So, we thought we’d join in with a few nominations of our own.

Swati Piramal, 52, Director, Piramal Healthcare, will be the first woman at the helm of any apex chamber in India when she takes over as President, Assocham, in 2009.

BT asks the who’s who of India’s corporate world—as well as some professionals and leaders from other fields for good measure—to jog their memory and recall the best advice they ever got. What the advice was, who gave it to them and when, and how it helped them.

The year gone by witnessed unprecedented highs as well as new lows in the world of business. A few snapshots of 2008 in numbers.

Oil prices fell as sharply as they had risen in ’08, making it the best news of the year-end. But supply and cost considerations point to an upturn in 2009.

The Mumbai terror attacks punctured business sentiment already deflated by a spreading slowdown. The economic stimulus now needed is not just of liquidity but of foolproof security and targeted expenditure.

Price reduction on Friday, rate reduction on Saturday and tax cuts on Sunday. The first weekend of December saw the government announcing a slew of both fiscal and monetary measures. But a flagging economy needs more.

The fortnight’s burning question. Do you think the cut in petroleum prices is a wise decision and can be sustained?

Barack Obama has announced his core team. Here’s a look at who’s who.

With the terror attacks making travellers even more reluctant to fly, this is the time to rationalise the high state taxes on jet fuel to bring them back.

Can the ‘King of Good Times’ survive the turbulence in the current aviation downturn? In an exclusive interview that started well past midnight and continued for over two hours at his residence on Delhi’s tony Sardar Patel Marg, Mallya shed light on what has been dragging Kingfisher down and how he will get the airline flying high again.

Vijay Mallya’s aviation business has landed in a sea of red. Mallya has a survival plan, but he may need to look at drastic options to stay afloat. K. R. Balasubramanyam and Kushan Mitra go into the details.

Woes Pakistan’s economy has fallen in and out of crisis quickly in the past. But, with its friends refusing to help, how will it pull itself out of the latest mess?