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  • NDTV Profit launches 'Ideas For Change' campaign
  • Send suggestions to ideasforchange@ndtv.com
  • Join the NDTV Profit Campaign for change
  • email us at ideasforchange@ndtv.com
  • Nov ISM Non-Manufacturing Index falls to 37.3
  • Crude oil inventories for wk ended Nov 28 dn 456,000 bbl
  • Expect all responsible nations to cooperate
  • Not going to speculate on investigations into 26/11
  • Terrorists behind Mumbai attack came from Pakistan
  • U.S. will work closely with India in anyway it can
  • India's action will depend on response from Pakistan
  • New Maharashtra CM to be announced tomorrow
  • Congress accepts Maha CM Deshmukh's resignation
  • Commodities to remain under pressure as economies slow
  • Q3 Productivity rises 1.3%; Labour costs up 2.8% (QoQ)
  • Asks telecom department about spectrum, licence: NW
  • Seeks telecom department's reply on 3G, M&A: NW
  • NDTV Profit Campaign: ideasforchange@ndtv.com
  • Mumbai Terror: NDTV launches campaign for change
  • Inflation for wk ended Nov-22 seen at 8.95% vs 8.84% (WoW)
  • Continue to believe that deal is not taxable in India
  • Confident of a positive outcome of the case: Vodafone
  • Reviewing capex plans due to economic slowdown: NW
  • See delay in technology infra development: NW
  • Cost cutting measures already in place: NW
  • SAIL cuts prices by Rs.1200-1600/tn in certain products
  • We keep looking for opportunities: Essar
  • We do not comment on specific projects or speculations
  • MFs net sell Rs.326.8cr in equity on December 2
  • Court slots next hearing on 10th December
Updated: 01/12/08 | 08:04 PM IST
Aviation
As airlines decided not to pay commission to travel agents and withdrew charging transaction fees on air tickets, all major travel agents across the country on Monday targeted Jet Airways and its subsidiary JetLite by deciding not to sell their tickets from Thursday.
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Air India on Tuesday said it was withdrawing the transaction fee levied on tickets booked to Europe and the US.
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In a bid to boost the air traffic growth rate, Air India's top brass has started working on slashing the carrier's fares following considerable reduction in jet fuel prices.
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Spurred by the fall in fuel prices, Air India is likely to cut fuel surcharge by 10 per cent to12 per cent in domestic metro routes by December. NDTV has further learnt that airline is likely to cut fuel surcharge in rest of the domestic routes by January.
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In a major cost cutting exercise, India’s largest private airline Jet Airways on Sunday announced to slash salaries of junior pilots by 10 per cent. Officials say, Jet is also planning to cut remuneration of senior pilots which is expected to be higher.
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Nine days after announcing new overseas routes for 2009, Delta Air Lines, the world's biggest carrier, said in a regulatory filing on Friday it plans to reduce future domestic and international capacity.
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As the government asked him to clear dues of over Rs 286 crore to the Airports Authority of India, Kingfisher Airlines promoter Vijay Mallya is understood to have paid two cheques since Monday night to the state-owned airport body.
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Liquor baron-turned-aviation tycoon Vijay Mallya today said he has received several enquiries from global carriers for a stake in his Kingfisher Airlines.
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State-run oil companies on Saturday cut aviation turbine fuel prices by over 12 per cent or Rs 5,580 per kilolitre in line with fall in international oil prices.
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Lately the aviation industry has been in the news for all the wrong reasons. However, that’s not stopping the country's first privately owned Maintenance Repair and Overhaul (MRO) company, which just started operations in Hosur near Bangalore, from carrying out job recruitments.
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Global Crisis
GM to slash up to 31,500 jobs in US
General Motors told lawmakers that it plans to cut up to 31,500 more jobs in the United States, as it confronts a severe slump that has it begging Congress for a $18-billion bailout.

 
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