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News Flash
Deccan Aviation gets DGCA permission to fly abroad
Idea, BSNL agree to interconnect RCom's GSM service
Flight cancelled due to workers strike
Cancel 11 flights to & from Kolkata on 20 Aug
To launch Mumbai services on Wednesday
Deccan Aviation gets permission to fly to UK
RBI relief bonds can be used as collateral for bk loan
July Producer Price Index at 27-year high; up 1.2%
U.S. Housing Starts down 11% in July, lowest in 17 years
Board okays buy back at price not exceeding Rs.350/share
Cannot say if interest rates have peaked: NW
RBI steps, inflation to determine interest rates : NW
BSE Power up 0.26% , Bankex up 0.10%
BSE Teck down 1.38% , Consumer Durables down 1.17%
CNX MidCap down 0.29% , BSE Small Cap down 0.34%
Sensex down 0.70% at 14,543.73
Nifty down 0.56% at 4,368.25
Expectations of U.K having 2 qtrs of -ve GDP growth
See further concerns emerging in U.S economy
Govt could be lender of last resort to Fannie and Freddie
EMs have seen $20bn fund outflows in last 10 weeks
Deccan Aviation granted traffic rights on India-UK sector
Revenues seen flowing in from Q4'09: Sources
Initial order size at $20-$25mn: Sources
Contracts to be signed within 3 months: Sources
Astrazeneca, Merck visited Dishman's facilities: Sources
Dishman to get orders from Merck & Astrazeneca: Srcs
India may import 3-3.5 MT of diesel this year : Oil Secy
To raise tractor prices this month : Escorts
Aluminium, Copper prices to remain weak in H2 FY'09
Updated:
20/08/08 | 12:11 AM IST
Aviation
Jet Airways announces 14-Day Apex fares on key domestic routes
Jetlite, a wholly-owned subsidiary of Jet Airways on Tuesday announced a 14-day Advance Purchase (APEX) fares scheme on several key domestic sectors, claiming that passengers would get substantial savings over regular fares.
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Consumer court pulls up Kingfisher Airlines
The national consumer redressal body has pulled up Kingfisher Airlines for adopting an unfair trade practice by misinforming passengers about the airline they were flying by.
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User fee guidelines for airports announced
The Ministry of Civil Aviation has announced the draft guidelines for user development fees at airports, a charge that authorities levy on passengers on international flights.
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Budget airlines may cut fares to spur travel
High fares but fewer passengers is not a recipe that’s working for budget airlines. With crude prices coming off 22 per cent from their peak to around $115 a barrel, some airlines are now ready for fare cuts.
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Costly air fares boosting rail travel
We've all heard of how the aviation sector has been hit by the rising fuel prices but now rising airfares are also having a direct impact on the Indian middle class as many of whom are now migrating back from flying to other modes of transport.
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Air India curtails freebies as cost-cutting regime
Air India staff will hereafter not be allowed go on foreign tours unless it is "absolutely essential" and that too only with the permission of its Chairman and Managing Director.
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Trial run at Delhi airport's new runway from Aug 21
Delhi airport's third airstrip – Asia's longest at 4,430 metres – will undergo a trial run from Aug 21, a top airport official said on Monday.
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Singapore Airlines to introduce measures to shed weight
Next time you take to the sky on board a Singapore Airlines flight, you may not get an in-flight magazine or you may find a 'lighter' newspaper with fewer pages.
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WL Ross to invest $100 mn in SpiceJet
Low cost carrier SpiceJet on Monday said US-based private equity company WL Ross & Co LLC will invest $100 million (over Rs 420 crore) in the company for business requirements.
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Air Arabia offers choice of seat service
The United Arab Emirates' low-cost carrier Air Arabia has introduced a new system that would allow a passenger to choose his or her seat while making a flight reservation.
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Special
Wholesale prices in the US rising at fastest pace since 1981
The US Labor Department said its Producer Price Index rose by 1.2 per cent in July, pushed higher by rising costs for energy and motor vehicles. Food prices rose by 0.3 per cent.
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Market Watch
Graphs
Stocks
BSE
14,543.73
- 101.93
NSE
4,368.25
- 24.80
Sensex
Nifty
Value
Change
%Change
ACC
560.05
-34.35
-5.78
BHEL
1,677.90
-18.00
-1.06
BHARTI AIRTEL
791.60
-16.60
-2.05
DLF
500.40
-0.35
-0.07
GRASIM
1,957.05
-6.45
-0.33
HDFC BANK
1,207.45
7.05
0.59
HINDALCO
132.35
2.70
2.08
HIND UNILEVER
243.45
1.70
0.70
HDFC
2,283.25
-76.50
-3.24
ICICI BANK
678.35
13.35
2.01
INFOSYS
1,693.55
-8.85
-0.52
ITC
183.75
-3.85
-2.05
JP ASSOC
169.25
0.15
0.09
L&T
2,674.45
-20.50
-0.76
M&M
561.20
-6.90
-1.21
MARUTI
616.20
-25.00
-3.90
NTPC
181.40
0.90
0.50
ONGC
1,062.60
-11.60
-1.08
RANBAXY
492.30
-1.10
-0.22
RCOM
399.80
-12.60
-3.06
RELIANCE
2,221.35
-3.60
-0.16
REL INFRA
994.30
21.95
2.26
SATYAM
405.65
-13.45
-3.21
SBI
1,443.80
-13.95
-0.96
STERLITE IND
601.50
-9.85
-1.61
TCS
840.10
-1.70
-0.20
TATA MOTORS
423.35
-1.95
-0.46
TATA POWER
1,018.35
-1.65
-0.16
TATA STEEL
599.10
-3.90
-0.65
WIPRO
431.25
-0.65
-0.15
ABB
866.10
5.90
0.69
ACC
560.35
-34.05
-5.73
AMBUJA CEM
80.15
0.10
0.12
BHEL
1,677.95
-15.90
-0.94
BPCL
314.05
5.50
1.78
BHARTI AIRTEL
791.90
-17.20
-2.13
CAIRN INDIA
239.15
-1.75
-0.73
CIPLA
234.50
0.15
0.06
DLF
500.85
0.70
0.14
DR REDDYS
602.65
-1.15
-0.19
GAIL
394.45
0.55
0.14
GRASIM
1,958.65
-1.90
-0.10
HCL TECH
225.45
-3.45
-1.51
HDFC BANK
1,206.85
3.30
0.27
HERO HONDA
789.30
-2.85
-0.36
HINDALCO
132.55
3.00
2.32
HIND UNILEVER
243.40
1.90
0.79
HDFC
2,284.65
-79.05
-3.34
ICICI BANK
677.70
12.70
1.91
IDEA CELLULAR
81.85
-4.35
-5.05
INFOSYS
1,692.75
-11.60
-0.68
ITC
183.50
-3.95
-2.11
L&T
2,675.10
-19.95
-0.74
M&M
561.35
-6.50
-1.14
MARUTI
616.50
-23.60
-3.69
NALCO
400.40
8.10
2.06
NTPC
181.75
1.40
0.78
ONGC
1,063.15
-11.25
-1.05
POWER GRID
92.35
-1.75
-1.86
PNB
458.40
-10.70
-2.28
RANBAXY
492.60
-0.55
-0.11
RCOM
399.80
-12.70
-3.08
RELIANCE
2,219.60
-5.20
-0.23
REL INFRA
993.15
20.75
2.13
REL PETRO
159.45
3.00
1.92
SATYAM
404.30
-14.45
-3.45
SIEMENS
551.85
8.80
1.62
SBI
1,442.45
-12.60
-0.87
SAIL
140.30
0.65
0.47
STERLITE IND
600.15
-9.30
-1.53
SUN PHARMA
1,469.75
4.55
0.31
SUZLON ENERGY
238.20
4.45
1.90
TATA COMM
431.15
4.05
0.95
TCS
841.25
-0.30
-0.04
TATA MOTORS
421.90
-3.40
-0.80
TATA POWER
1,016.70
-2.15
-0.21
TATA STEEL
598.00
-4.85
-0.80
UNITECH LTD
165.10
-3.30
-1.96
WIPRO
432.45
0.45
0.10
ZEE ENT
209.25
-3.40
-1.60
Sensex
Nifty
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Ashu Kakkar
ICICI BANK LTD
2.01%
Current: Rs 678.35
Hemen Kapadia
LUPIN LTD
-0.59%
Current: Rs 735.4
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SUBEX SYSTEMS LTD
I advice the investors to hold the stock
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