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Kingfisher files fresh flight schedule before DGCA
Written on 22 Feb, 2012 at 16:45 in Business | viewed 13 times | 0 Comments
New Delhi:Ailing Kingfisher Airlines, whose services remained affected for the sixth day, on Wednesday filed a fresh flight schedule with DGCA, scaling down its operations to about 170 daily flights with 28 functional aircraft. Faced with the regulators deadline, the airline... (Continue reading)
Kingfisher cancellation woes continue
Written on 22 Feb, 2012 at 10:59 in Business | viewed 12 times | 0 Comments
New Delhi: Kingfisher Airlines cancelled about 20 flights on Wednesday even as the DGCA was set to brief the Civil Aviation Minister on the ailing carrier’s plans to restore its services. The airline is expected to submit a fresh... (Continue reading)
Kingfisher Airlines CEO summoned to explain cancellations
Written on 21 Feb, 2012 at 11:42 in Business | viewed 23 times | 0 Comments
New Delhi: India’s aviation watchdog has summoned chief executive of cash-strapped Kingfisher Airlines Sanjay Aggarwal on Tuesday to explain the large-scale disruption of its operations that continued for the third consecutive day on Monday. “We have asked for a report from... (Continue reading)
BlackBerry finally sets up server in Mumbai
New Delhi:After much controversy, BlackBerry has finally set up its server in Mumbai following intense pressure from the government to provide a mechanism for lawful interception of its messenger services and Nokia has been asked to follow suit. During a high-level... (Continue reading)
Kingfisher crisis: Cancellation of flights continues for second day
Written on 19 Feb, 2012 at 16:24 in Business | viewed 46 times | 0 Comments
New Delhi: Flight schedules of Kingfisher Airlines was disrupted for the second day today as it cancelled a large number of flights with the I-T department freezing some of its accounts. As many as 16 flights from Mumbai and four from... (Continue reading)
Unitech to contest Telenor’s demand for compensation
Written on 16 Feb, 2012 at 14:42 in Business | viewed 64 times | 0 Comments
New Delhi: A day after its Norwegian partner Telenor sought indemnities for cancellation of telecom licence, real estate firm Unitech on Thursday said there was no breach of warranties on its part and it will contest any demand for compensation. “The... (Continue reading)
RBI keeps repo rate unchanged, cuts CRR by 50 bps
Written on 24 Jan, 2012 at 13:13 in Business | viewed 119 times | 0 Comments
Mumbai: Reserve Bank of India on Tuesday injected Rs. 32,000 crore into the system by lowering the Cash Reserve Ratio (CRR) by half-a-percentage point but kept the short-term lending rate (repo) unchanged in view of persisting inflationary... (Continue reading)
FICCI suggests amnesty scheme to bring back black money
Written on 19 Jan, 2012 at 17:31 in Business | viewed 110 times | 0 Comments
New Delhi: Federation of Indian Chambers of Commerce and Industry (FICCI) new president R.V. Kanoria on Thursday suggested amnesty scheme for bringing back black money stashed abroad, stating there should be “protection and anonymity.” “Ultimately this problem has to be addressed…whosoever... (Continue reading)
Industrial growth bounces back
Written on 12 Jan, 2012 at 12:25 in Business | viewed 133 times | 0 Comments
New Delhi: Led by a recovery in manufacturing output, industrial production grew by 5.9 per cent in November, 2011, after witnessing a contraction in the previous month, a development that may reverse the negative sentiment amid an economic slowdown. Factory output,... (Continue reading)
Hydrogen-powered three-wheeler makes debut
Written on 9 Jan, 2012 at 16:55 in Business | viewed 282 times | 0 Comments
New Delhi: The world’s first hydrogen-powered three-wheeler, ‘HyAlfa’, was showcased at the 11th Auto Expo here on Monday. Part of a development project dubbed ‘DelHy 3w’, a fleet of 15 HyAlfa three-wheelers will run on an experimental basis at Pragati Maidan,... (Continue reading)
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