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  • COPPER FUTURES RISE ON WEAK DOLLAR AND GAINS IN U.S. MARKETS
  • CRUDE OIL FALLS ON RISE IN INVENTORY LEVEL AFTER RISING OVER 2.5% ON TUE
  • JAPANESE MACHINERY ORDERS JUMP 20.1% IN DEC' 09 (MOM)
  • NET INCOME DOWN 0.12% AT $844MN (YOY); REVENUES UP 1.5% TO $9.74BN
  • REPORTS ON GREECE'S BAILOUT BY EU BOOSTS STOCKS
  • ASIAN STOCKS RECOVER ON IMPROVED OUTLOOK FOR GREECE
  • DOW JONES UP 1.52%, S&P500 UP 1.3%, NASDAQ UP 1.17% (TUESDAY CLOSING)
  • DOW POSTS ITS LARGEST ONE DAY % GAIN IN THREE MONTHS
  • NIFTY ENDS HIGHER FOR THE 3RD STRAIGHT DAY BUT FAILS TO TAKE OUT 4800
  • IDFC LOSES 0.9%, ADDS 8.3 LAKH SHARES IN OPEN INTEREST
  • HINDALCO LOSES 1.3%, ADDS 13.9 LAKH SHARES IN OPEN INTEREST
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  • BOMBAY RAYON GAINS 3.1%, ADDS 4.9 LAKH SHARES IN OPEN INTEREST
  • ASHOK LEYLAND LOSES 0.5%, ADDS 6.3 LAKH SHARES IN OPEN INTEREST
  • STOCK FUTURES ADD 74.7 LAKH SHARES IN OPEN INTEREST
  • 4800, 4700 AND 4600 PUTS EACH ADD ABOUT 5 LAKH SHARES IN OPEN INTEREST
  • AGGRESSIVE PUT-WRITING SEEN ACROSS THE BOARD
  • 4800 CALL ADDS 5 LAKH SHARES IN OPEN INTEREST
  • CALL WRITING SEEN IN AT-THE-MONEY STRIKE PRICES
  • NIFTY FEBRUARY PUT-CALL RATIO AT 1 VS 0.94 ON MONDAY
  • FEB FUTURES END TUE AT A PREMIUM OF 0.7 PTS VS A PREMIUM OF 4.5 PTS ON MON
  • NIFTY FEBRUARY FUTURES SHED 20.4 LAKH SHARES IN OPEN INTEREST
  • NIFTY ENDS HIGHER FOR THE 3RD STRAIGHT DAY JUST BUT FAILS TO TAKE OUT 4800
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  • JAN SALEABLE STEEL OUTPUT UP 3.6% AT 1.158 MN TONS (YOY)
  • JAN STEEL SALES AT 1.013 MN TONS VS 1.02 MN TONS (YOY)
  • ITC DID NOT DISCLOSE NATURE OF SALES OF PRODUCTS WORTH RS.1,179 CR: SRCS
  • ITC HAS REPORTED AMBIGUOUS FOREX GAINS WORTH RS.203 CR: SRCS
  • ITC HAS REPORTED AMBIGUOUS CLOSING, OPENING STOCK WORTH RS.293 CR: SRCS
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
GST rollout may be hit by more delays
India's ambitious target for rolling out a uniform goods and services tax in India is already behind schedule and now it looks like the rollout may not happen for another year or so, a move that will upset the government’s tax planning.

 
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