Business

More flight cancellations are expected in coming days as Kingfisher negotiates with the I-T, IATA and oil companies.

Sunil Mittal pointed out that telecom industry is a very powerful tool for social transformation.

The crude oil prices surged recently following tensions between Iran and the West over Tehran's controversial nuclear programme.

There was still no clarity on what the 13-banks consortium has decided regarding fresh fund infusion into Kingfisher Airlines.

The DGCA examined its operational details to consider whether to take any punitive action against it for flouting norms.

Aon Hewitt's survey shows India to be well ahead of competitors China and Philippines, the highest in the Asia-Pacific region.

In January last year, Kingfisher had allotted over 7 crore optionally convertible debentures (OCDs).

At present the Government has fixed an optimistic target for the fiscal deficit at 4.6 per cent of the GDP.

The airline was operating only about 160-180 flights out of its already curtailed winter schedule of 240.

L Capital recently bought an 8 per cent stake in unlisted Indian ethnic wear chain Fabindia.

The Indian market has closed in green for seventh consecutive week making it one of the best market rally in recent times.

Telenor is now scouting around for a new partner in India after the Supreme Court's order on 2G licences.

Investors flocked to the counters of these companies, which are engaged in the manufacture and retail of gift items.

The government may scrap STT as they are finding difficult to meet their fiscal deficit targets with revenues drying and subsidies cut down.

Sources say the RBI is planning to regulate interest rates and penalties on gold loans.

Bharti profit fell 22 per cent from a year earlier to 10.11 billion rupees despite a 17 per cent rise in revenue.