Aviation News India, Aviation Industry News, Airlines Industry India

FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
DEAL VALUED AT AROUND RS.6000 CR : SOURCES
GTL FRONTRUNNER IN RACE FOR AIRCEL'S TOWER BIZ: SOURCES
UNDERWEIGHT ON THE TELECOM SPACE; BULLISH ON I.T., BANKING STOCKS
PROMOTERS PLEDGE 1.8% ADDL STAKE; TOTAL PLEDGED SHARES AT 28.28%: NW
RUPEE CLOSES AT 46.62/$ VS 46.68/$ ON NOVEMBER 19
LONG ONLY HEDGE FUNDS LIKELY TO RAISE EQUITY EXPOSURE IN COMING MONTHS
SUGAR MILLS TO PAY FRP, SAP DIFFERENCE
CONSENSUS DECISION OF THE UPA GOVT TO SCRAP CLAUSE 3B FROM THE SUGAR POLICY
PROMOTERS PLEDGE 1.8% ADDL STAKE TOTAL PLEDGED SHARES AT 28.28%: NW
MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
SENSEX, NIFTY UP 1% EACH FOR THE WEEK

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

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.

Comments: Read (0) Post

Pages:

Special

Mukesh Ambani richest Indian in Forbes list

With a staggering wealth of 32 billion dollars (about Rs 1.5 lakh crore), industrialist Mukesh Ambani is the richest Indian, followed by steel tycoon Lakshmi Mittal and Anil Ambani, business magazine Forbes said today in its annual rich list for the country.

More: Five pairs of siblings in Forbes India richest list | Billionaires' wealth surge outpaces economic revival | Six women in the Forbes India rich list | India's super rich outpace Chinese counterparts

Market Watch

Graphs

Stocks