Thursday, November 25, 2010

Kingfisher fires reserve pilots

Kingfisher fires reserve pilots


Kingfisher fires reserve pilots

Posted: 25 Nov 2010 05:09 PM PST

Kingfisher Airlines, India's second-biggest domestic carrier, fired some reserve pilots to help cut costs as it seeks to end a run of six annual losses.

LICHF: From loans boom to scam blues

Posted: 25 Nov 2010 05:03 PM PST

LIC Housing Finance's (LICHF's ) rise in the home loans space has been nothing less than meteoric.

Sensex nosedives 286pts over housing-loan scam

Posted: 25 Nov 2010 09:32 PM PST

Erasing early gains, the Bombay Stock Exchange benchmark Sensex fell by over 286 points on heavy selling by funds nervous about lending violations by some public sector banks in the housing-finance scam.

Rupee opens 7 paise lower against dollar

Posted: 25 Nov 2010 08:41 PM PST

The rupee depreciated by 7 paise to Rs 45.59 against the US dollar in early trade at the Interbank Foreign Exchange today, tracking weakness in other Asian currencies.

FDI declines 23% in H1 on global slowdown

Posted: 25 Nov 2010 04:51 PM PST

Policymakers are grappling with a problem of plenty on foreign institutional inflows into the country but they have another problem to deal with - a continued decline in foreign direct investment, which is seen to be more stable than portfolio flows.

Bharat Coking Coal boss front-runner for CIL top job

Posted: 25 Nov 2010 05:07 PM PST

The chairman and managing director of Bharat Coking Coal (BCCL), T K Lahiri, has emerged as the front-runner for the top job of Coal India (CIL).

Etios will come with 5.25L tag

Posted: 25 Nov 2010 04:53 PM PST

Toyota is all set to make a pitch for the Indian car market as it launches Etios, the entry-level sedan, at an aggressive entry price of around Rs 5.25 lakh.

'ONGC paid over Rs 1L cr to subsidise fuels'

Posted: 25 Nov 2010 03:54 AM PST

State-owned Oil and Natural Gas Corp (ONGC) has paid a phenomenal Rs 105,246 crore since 2003-04 to subsidise auto and cooking fuels.

Food inflation dips marginally to 10.15%

Posted: 25 Nov 2010 12:29 AM PST

Food inflation dipped for the sixth straight week and dropped to 10.15 per cent for the week ended November 13, on cheaper vegetables and pulses.

Mobile Number Portability launched from Haryana

Posted: 25 Nov 2010 03:47 AM PST

India today ushered in Mobile Number Portability that will allow cellphone users to switch operators without changing numbers, with Telecom Minister Kapil Sibal launching the service in Haryana.

Rupee down 4 paise against dollar

Posted: 24 Nov 2010 09:21 PM PST

The Indian rupee declined by 4 paise to Rs 45.74 against the US dollar in early trade at the Interbank Foreign Exchange on Thursday, tracking losses in other Asian currencies.

Sensex closes 142 points lower

Posted: 25 Nov 2010 03:25 AM PST

Continuing its losses for the third straight session, the stock market on Thursday hit a 10-week low with the Bombay Stock Exchange benchmark Sensex shedding 142 points, amid massive sell-off in realty and financial stocks triggered by the home financing racket.

Rupee opens 7 paise lower against dollar

Posted: 25 Nov 2010 08:41 PM PST

The rupee depreciated by 7 paise to Rs 45.59 against the US dollar in early trade at the Interbank Foreign Exchange today, tracking weakness in other Asian currencies.

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