Bigger airliners are losing passengers to smaller players after soaring aviation fuel costs forced carriers across board to hike fares over the past year. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 10:16 am
The Sri Lankan government has announced a mammoth 90 percent hike in train fares, media reports here said . The hike comes a week after increase in petrol and diesel prices in the country. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 10:15 am
India's HDFC Bank has tied up with Qatar National Bank (QNB) to offer a range of products and services to expatriate Indians in Qatar. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 9:46 am
Vijay Mallya's UB Group, has initiated talks with France-based EADS Socata, a leading aircraft manufacturer, to invest some $200 million to co-develop business jets. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 9:41 am
The CBSE in collaboration with tertiary care hospitals like Fortis, Apollo and Wockhardt, is introducing a new course in schools for those interested in a career as paramedics. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 9:40 am
Bigger airliners are losing passengers to smaller players after soaring aviation fuel costs forced carriers across board to hike fares over the past year. Source: IndiaeNews.com: Business News | 1 Jun 2008 | 9:31 am
A bank in Kerala has allied with the rural poor to free them from the grip of moneylenders, heralding a unique era in Indian banking. Source: IndiaeNews.com: Business News | 1 Jun 2008 | 9:03 am
DUBAI (Reuters) - State-controlled Dubai Aerospace Enterprise (DAE) said it was in talks to buy 50 aircraft worth a total of about $2.5 billion to expand its leasing business.
When it comes to upgrading IT infrastructure, the banking and financial services industry tops the list with an outlay of Rs 87.50 crore per company in 2007-08. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 8:36 am
Country's under penetrated rural market holds tremendous growth opportunities for life insurance companies with revenues expected to grow as much as four times. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 8:36 am
India's oil subsidy may shoot up three times to 2.2 per cent of the GDP this year even as the government dithers on raising fuel prices in step with the rise in input (crude oil) cost. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 8:35 am
With 700 billion dollars to be invested by corporate in the next three years, ICICI Bank expects its lending to the sector to grow faster than the industry at 35 per cent. Source: Daily News & Analysis: Money News | 1 Jun 2008 | 8:34 am
MUMBAI (Reuters) - Indian media company Bennett, Coleman & Co has bought Virgin Radio for 4.5 billion rupees ($106 million), local newspapers reported on Sunday, citing a statement from the Indian company.
MEXICO CITY (Reuters) - Copper miner Grupo Mexico will do "absolutely everything" in its power to block the sale of its bankrupt subsidiary Asarco to India's Sterlite Industries, including a court fight.
NEW DELHI/MUMBAI (Reuters) - India's Sterlite Industries agreed on Saturday to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.
AREQUIPA, Peru (Reuters) - Trade ministers from the 21-member Asia-Pacific Economic Cooperation forum drafted a manifesto on Saturday urging nations to take immediate steps to prop up the limping Doha round of global trade talks.
Indian women work more but earn less than men, says an eminent agricultural economist. In his latest book he shows how women continue to get a raw deal despite putting in longer hours and work that is critically more important for the farm sector and the family. Source: IndiaeNews.com: Business News | 1 Jun 2008 | 3:00 am
After almost a month of hard negotiations, Bharti Airtel ended talks on a possible merger with South Africa's MTN because of disagreement over the holding structure. Bharti said the structure proposed by MTN would not capture the synergies of ... Source: Business Line - Home Page | 1 Jun 2008 | 12:00 am
New Delhi, May 31 The public sector oil marketing companies (OMCs) that are suffering revenue loss due to spurt in international crude oil prices may have to wait till next week for a bail out package. The package is expected to include a ... Source: Business Line - Home Page | 1 Jun 2008 | 12:00 am
New Delhi, May 31 Domestic air travel could become more expensive from June 3 following the decision of oil companies to increase the sale price of aviation turbine fuel. Immediately after oil companies announced an increase of Rs 10.83 ... Source: Business Line - Home Page | 1 Jun 2008 | 12:00 am
Airfares are all set to move up again this month as the aviation turbine fuel (ATF) prices touched a new high on Saturday. Source: Daily News & Analysis: Money News | 31 May 2008 | 8:51 pm
CNBCs Becky Quick, in her special show, Warren Buffett: The Billionaire Next Door All Access, CNBC spoke exclusively to Warren Buffett and took an \"exclusive\" look inside the Buffett\'s annual meeting with Berkshire Hathaway Shareholders; getting an unprecedented access into the world of one of the worlds most successful investors. Source: Moneycontrol Top Headlines | 31 May 2008 | 7:08 pm
With China linking Tibet's capital of Lhasa with a railway line, Himachal Pradesh Saturday urged President Pratibha Patil to ask the central government to execute a railway link through this hill state up to Leh in the mountainous region of Jammu and Kashmir. Source: IndiaeNews.com: Business News | 31 May 2008 | 5:00 pm
NEW YORK (Reuters) - JPMorgan Chase & Co said on Saturday it completed its $1.4 billion Bear Stearns Cos takeover, capping the demise of a Wall Street firm that survived the Depression and numerous slumps in its 85 years but could not navigate the mortgage crisis.
Domestic airfares are likely to shoot up again as the state-run oil companies decided to hike air turbine fuel (ATF) prices by around 19 percent from Saturday midnight. Source: IndiaeNews.com: Business News | 31 May 2008 | 4:32 pm
The world is faced with unprecedented food and ecological crises and governments need the help of the corporate sector to tackle them, Commerce and Industry Minister Kamal Nath said here Saturday. Source: IndiaeNews.com: Business News | 31 May 2008 | 4:32 pm
The government is considering a ban on iron ore exports as demanded by the steel makers, steel secretary R.S. Pandey has said. Source: IndiaeNews.com: Business News | 31 May 2008 | 4:32 pm
Indian industry leaders agreed to forge partnership with educational institutions to upgrade engineering education and research in the country to counter talent crunch. Source: IndiaeNews.com: Business News | 31 May 2008 | 3:01 pm
Turkey is the latest base for Mahindra and Mahindras globalisation plans. The company may set up a manufacturing base in turkey for its domestic and other European markets. And this move was after the company launched the Scorpio and its Pikup in Turkey. Source: Moneycontrol Top Headlines | 31 May 2008 | 2:13 pm
Cochin Shipyard Ltd (CSL), one of the leading shipbuilding yards in the country, will launch five platform supply vessels (PSVs) Monday. Source: IndiaeNews.com: Business News | 31 May 2008 | 2:03 pm
The Madhya Pradesh government claimed Saturday that it has taken several steps to address the grievances of the power consumers in the state and redressed 1,688 complaints they lodged with the electricity authorities. Source: IndiaeNews.com: Business News | 31 May 2008 | 2:01 pm
The government has said that it consider taking steps to control exports of iron ore, reports Newswire 18. The export duty on steel products is only a \'temporary measure\'. Although the steel prices are easing the overseas trend looks firm, said the report. Source: Moneycontrol Top Headlines | 31 May 2008 | 1:51 pm
Sterlite Ind will buy US based ASARCO\'s operating assets for USD 2.6 billion, reports CNBC18. Source: Moneycontrol Top Headlines | 31 May 2008 | 1:28 pm
The Bangalore airport is just a few days old and traveling there is worrying IT giants that are located over 60 kms from the Greenfield airport. It\'s a long drive to the airport for Bangalore\'s IT employees. The BIAL or the Bengaluru International Airport, which is around 35 kms from city center, is over 60 km from the IT cluster. Source: Moneycontrol Top Headlines | 31 May 2008 | 1:02 pm
From Sunday, India`s commercial aircraft will not have foreign co-pilots on board. This will open fresh opportunities for thousands of aspiring pilots in the airline industry, said a government official. Source: Zee News : Business | 31 May 2008 | 12:18 pm
NEW DELHI (Reuters) - India allowed service sector firms on Saturday to agree overseas borrowings of up to $100 million in another attempt to shore up the rupee.
MUSCAT (Reuters) - Flag carrier Oman Air said on Saturday that it will start flights to India's Kozhikode from June 5 and expand its routes to four other countries this year.