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Allcargo Global's Shashi Kiran Shetty receives entrepreneur of the year award

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.
From Ernst & young

Allcargo Global Logistics has announced Shashi Kiran Shetty, chairman & managing director of the company has received 'entrepreneur of the year' award under service category from Ernst & young on 16 February 2010. The award was presented by the former chief minister of Madhya Pradesh, Digvijay Singh.

The company made this announcement during the trading hours today, 17 February 2010.

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