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  • DOMESTIC FUNDS NET BUY RS.399.25 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • FOREIGN FUNDS NET SELL RS.525.27 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • MUTUAL FUNDS NET BUY RS.37.1 CR IN EQUITIES ON FEBRUARY 8
  • MCNALLY BHARAT BAGS ORDERS WORTH RS.56.64 CR FROM HINDALCO
  • FOREIGN FUNDS NET SELL RS.806.5 CR ($172.3 MN) IN EQUITIES ON FEB 8
  • Q1'10 REVENUE GUIDANCE UP 3.4% AT $935 MN (QOQ)
  • REVENUES UP 6% AT $902.7 MN, NET INCOME UP 5.4% AT $144 MN (QOQ)
  • TO IMPORT 1.2 MT/YR OF LNG FOR CAPTIVE USE AT THE POWER PLANT
  • DELHI HC REJECTS BAYER'S APPEAL AGAINST CIPLA'S SORANIB DRUG: NW
  • TO SOON FINALISE PLANS FOR THE PROPOSED 1,200 MW DAHEJ POWER PLANT
  • BANKS CAN ALLOW COS TO TWEAK ECB DRAWDOWN, REPAYMENT SCHEDULE: NW
  • CNX MIDCAP INDEX UP 0.88%, BSE SMALLCAP INDEX UP 0.44%
  • SENSEX CLOSES UP 106 POINTS, NIFTY UP 32 POINTS AT CLOSE
  • REVENUES FROM INDIA INCREASED TO 8% VS 2% NEARLY 2 YEARS AGO
  • RIL HAS NOT STOPPED PETROL EXPORTS TO TEHRAN: NW
  • CUTS ALUMINIUM PRODUCT PRICES BY RS.8000/TONNE
  • BANKS' LOAN GROWTH RATE SEEN AT 16-18% THIS FISCAL YEAR
  • CRR HIKE TO HAVE SOME IMPACT ON LIQUIDITY, NOT TO IMPACT LOAN RATES
  • TO REACH $1 BN REVENUE MARK THROUGH INORGANIC AND ORGANIC GROWTH
  • IPO PLANS HAVE BEEN REVIVED; LOOKING AT AN IPO SOON
  • OSE CONSORTIUM WINS 99 KM KARNATAKA HIGHWAY PROJECT WORTH RS.1700 CR
  • WILL ACHIEVE $500 MN IN REVENUES BY 2013
  • SOME STIMULUS MEASURES WILL BE ROLLED BACK BY APRIL
  • FY'10 EXPORTS LIKELY TO BE AROUND $165 BN-$170 BN
  • TO DIVEST 10% STAKE IN THE COMPANY VIA IPO: NW
  • MULLING TO RESERVE 1% OF SHARES IN IPO FOR STAFF: NW
  • MAHARASHTRA FACING A SHORTFALL OF 5,000 MEGAWATTS
  • EXPECT STABLE MARGINS IN THE AFFORDABLE HOUSING SEGMENT
  • EXPECT DOUBLE DIGIT GROWTH IN PROFITS NEXT YEAR
  • CONFIDENT THAT INDIA WOULD CONTINUE TO SEE INCREASING INFLOWS GOING AHEAD
Updated: 03/02/10 | 09:54 PM IST
Aviation
The government is likely to approve an additional equity infusion of Rs 800 crore into the cash-strapped Air India next week, but wants the airline to take ‘extraordinary’ measures for financial turnaround.
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National air carrier Air India on Tuesday said that it plans to hive off its cargo business into a autonomous unit by April 1.
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A Parliamentary Committee has said that the decision to merge national carriers Air India and Indian Airlines was taken in haste, without required consultation and home work.
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Paramount Airways is all set to enter the big aviation league. An airline that has been operating what it calls an all-executive-class fleet, is now in final stages of talks with Bombardier and ATR. In a freewheeling exclusive chat with NDTV, the CEO of the airline Thiagarajan outlined the company's near term growth plans.
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A section of Air India employees owing allegiance to ACEU has threatened to strike work from December 22 to protest the management's proposed move to withdraw some facilities now available to them from January 1.
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Country's largest private carrier Jet Airways on Tuesday denied media reports that the company is talking to Mukesh Ambani-led Reliance Industries for selling stake in the airline.
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Air Canada on Tuesday announced it would axe 2,000 jobs this year to meet the rising fuel costs.
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An Air India flight from Bangaluru to Singapore would mark the starting of the operations of the new Bangaluru international airport past midnight on Saturday.
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Special
Asia sails smoothly through debt waters
While rising government debt is a growing concern in Europe and the US, Asia’s economies remain remarkably resilient, underscoring how economic might is shifting from West to East.

 
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