Aviation News India, Aviation Industry News, Airlines Industry India

Standard Chartered Bank allotted $197.38mn
Barclays Capital allotted $155.18mn, DBS allotted $300mn
Reallocation as FIIs failed to invest allotted component
Reallocates $1.31bn to FIIs for corporate debt invst
CNX Midcap down 1.3%, Smallcap Index down 1.8%
BSE Advances at 30.24%, Declines at 66.77%
Govt wants to focus on construction sector
Govt may not give direct sops to auto sector
Steel duty cut may provide relief to auto sector
Govt may cut excise duty on steel and cement
Govt may rejig duty to help SMEs: Ashwini Kumar
Anti -dumping laws to be strengthened
HCL Technologies announces partnership with Xerox
Govt to increase focus on infra spending
Banks want realtors to cut prices or sell properties
Pressure on RBI to cut rates has somewhat eased
Banks' total deposit grew 20.4% on year to Nov 7: NW
Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
Banks encouraged to use special refinance facility: RBI
Use special refinance to give loans to SMEs: RBI
Banks' total credit grew 26.5% on year to Nov 7: NW
RBI to allocate upto $10bn from FX reserves to fund: Srcs
RBI may set up a special $ fund for infra cos: Sources
FIIs net sell $91.5mn in equity on Nov 18
Power Grid approves 3 investment proposals
Approves Rs.7031cr investment in Sasan project
MFs net sell Rs.45cr in equity on Nov 18
Nifty falls 135 pts from day's high; Down 1.8% at close
Sensex sheds earlier gains; Down 1.8% at close
CNX Midcaps down 1.3%, Smallcap Index down 1.8%

Updated: 23/10/08 | 11:02 PM IST

Aviation

Aviation woes still not over, operators worried

The slowdown in the airline industry is fast changing the rules of the game for private airport operators. As the airlines seek financial help from the government, even the operators don't wish to be left behind.

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Jet, Kingfisher may reduce number of flights

Private air carriers Kingfisher Airlines and Jet Airways, which have entered into an operational alliance recently, may reduce flights as they tighten belts to overcome financial crunch.

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Airlines get major relief on oil dues

Indian carriers troubled by a financial crunch on Wednesday got time until March 2009 to clear their dues, estimated at about Rs 2500-2800 crore, to oil companies in equated monthly installments.

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GMR gets land auction go ahead

Hyderabad-based GMR, the developer of the Delhi International Airport (DIAL), has got a big relief from the government which has cleared its proposal to auction land in Delhi airport. The company expects to net a few thousand crore with the help of this land deal.

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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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Air Canada axes 2,000 jobs, flights to cut costs

Air Canada on Tuesday announced it would axe 2,000 jobs this year to meet the rising fuel costs.

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Air India to mark starting of new Bangaluru Intl airport

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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Global Crisis

No job cuts, but hiring to dip: Nasscom

The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.

More : US home construction sinks to new record low | Now, Chinese automakers seek state aid | CEOs want at least $300 bn stimulus from Obama

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