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LYONDELLBASELL UNDER CHAPTER 11 BANKRUPTCY PROTECTION SINCE JAN-2009
LYONDELLBASELL IS ONE OF THE WORLD'S LARGEST PETROCHEMICALS COMPANY
RIL MAKES NON-BINDING CASH OFFER TO BUY CONTROL IN LYONDELLBASELL
OFFER APART FROM EQUITY FINANCING PROPOSED BY RIL FOR LYONDELLBASELL
OFFER UPON EMERGENCE OF LB FROM CHAPTER-11
OFFER SUBJECT TO DUE DILIGENCE & SUFFICIENT CREDITOR SUPPORT
LYONDELLBASELL: RIL OFFER POTENTIAL ALTERNATIVE TO REORGANIZATION PLAN
LYONDELLBASELL: TO TRY TO MAXIMIZE VALUE FOR ALL CREDITORS
LYONDELLBASELL PRIVATELY OWNED BY PROCHEMIE GMBH
RIL: NO ASSURANCE THAT OPPORTUNITIES WILL RESULT IN A TRANSACTION
RIL: REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH IN CORE BIZ
SUBMITTED TO LYONDELLBASELL NON BIDDING OFFER TO ACQUIRE FOR CASH
CASH OFFER FOR A CONTROLLING STAKE UPON EMERGENCE FROM CHAPTER 11
OFFER PURSUANT TO ITS PLAN OF REORGANISATION
OFFER IS PRELIMINARY AND SUBJECT TO CUSTOMARY CONDITIONS
RIL REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH
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DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY

Updated: 20/11/09 | 10:17 PM IST

Aviation

L&T exits from BIAL by selling its 17% stake to Zurich Airport

India's largest engineering firm L&T, is exiting from the Bangalore International Airport Ltd (BIAL) by selling its 17 per cent stake to partner Zurich Airport.

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AI employees stage protest march to Parliament

A section of Air India pilots, technicians and employees today marched to Parliament demanding immediate government action to save the cash- strapped national carrier.

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AI to get first tranche of funding by Jan

Cash-strapped national carrier Air India today said it is likely to receive Rs 400 crore in the first tranche of government funding by January 2010.

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ATF prices go up by 2.4% as crude spurts

For the second time this month, state-owned oil firms on Sunday hiked jet fuel prices, this time by 2.4 per cent following a spurt in international oil rates. This comes on back of over nine per cent hike in jet fuel prices on November 1.

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Slowdown to delay Hyderabad airport breakeven

Hyderabad's Rajiv Gandhi International airport will manage to break even only in 2020 and not in 2014 as was envisaged when the airport opened in March last year.

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Govt plans to infuse equity into Air India by March

The government would infuse additional equity into ailing Air India provided it saves at least Rs 2,000 crore this financial year by implementing cost-cutting measures, Civil Aviation Minister Praful Patel said on Thursday.

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Air India's losses at Rs 5,548 crore in FY09

State carrier Air India on Wednesday said that it has incurred a loss of Rs 5,548 crore in the fiscal year 2008-09. The Air India board, which met in Chennai, said the losses were primarily due to global economic slowdown, resulting in fewer passengers travelling and lower load factor.

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Kingfisher Airlines to raise up to $600 mn this fiscal

Kingfisher Airlines chief Vijay Mallya on Monday called for easing FDI rules to permit foreign airlines to invest in debt-ridden Indian careers. What's bringing more cheer to Mallya is the Prime Minister's statement on liberal FDI norms.

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Air India pilots threaten 'industrial action'

Talks between senior pilots of erstwhile Indian Airlines and a sub-committee of the Air India Board on incentives and allowances have failed to yield any result with the employees threatening "industrial action" if the issues are not resolved soon.

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No talks with Reliance for stake sale: Jet Airways

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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Special

'India will be among top three economies by 2050'

India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. It also said China will become the world’s largest economy in 2032.

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