Dreamliner to start operations next week |
- Dreamliner to start operations next week
- AI drops JRD’s tradition, not to name Dreamliner
- SpiceJet hikes pay as cost of living goes up
- Amul keen to acquire Delhi Milk Scheme
- 3 private banks cut fixed deposit rates
- Sebi not accepting investor data: Sahara
- German court okays eurozone rescue fund
- German ruling seen as boost for euro
- Rupee up 13 paise against dollar
- Hero to drop Honda badge from all products
- Car companies sweat over weak festive season
- Sensex hit 18,000 on rate cut hopes
- Industrial output grows at 0.1% in July
- Sensex up 86 points in early trade
| Dreamliner to start operations next week Posted: 12 Sep 2012 04:44 PM PDT Air India's newly inducted Boeing 787 Dreamliner will start flying on domestic routes from next Wednesday and begin international flights from winter to Europe and Australia. 
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| AI drops JRD’s tradition, not to name Dreamliner Posted: 12 Sep 2012 04:06 PM PDT For more than six decades, Air India followed a tradition initiated by its founder J R D Tata. Before the airline took delivery of a new aircraft, it gave the fresh arrival a name, a very Indian name. 
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| SpiceJet hikes pay as cost of living goes up Posted: 12 Sep 2012 03:58 PM PDT At a time when Kingfisher has not paid salary for months and Air India is also struggling on that front, low-cost carrier SpiceJet has given its employees hike of between 5% and 10%. 
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| Amul keen to acquire Delhi Milk Scheme Posted: 12 Sep 2012 03:56 PM PDT Dairy major Gujarat Cooperative Milk Marketing Federation (GCMMF) - the parent company of Amul, on Wednesday, expressed its willingness to the agriculture ministry to acquire the Delhi Milk Scheme (DMS), which is a subordinate office of the ministry. 
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| 3 private banks cut fixed deposit rates Posted: 12 Sep 2012 03:55 PM PDT ICICI Bank, HDFC Bank, and Axis Bank have cut interest rates on retail fixed deposits by up to 50 basis points for various maturities. 
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| Sebi not accepting investor data: Sahara Posted: 12 Sep 2012 03:51 PM PDT Sahara India has accused market regulator Sebi of not accepting data, since Monday, of the three crore investors of the Lucknow-headquartered company who had invested in its optionally fully convertible debentures (OFCDs). 
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| German court okays eurozone rescue fund Posted: 12 Sep 2012 03:45 PM PDT Stocks rallied globally from Asia to the US after the verdict. Hopes of more monetary stimulus from the US Federal Reserve at its Thursday meeting also supported stocks in US and Europe. 
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| German ruling seen as boost for euro Posted: 12 Sep 2012 06:56 AM PDT EU leaders and analysts expressed relief and financial markets lifted on Wednesday after the German Constitutional Court cleared the way for the launch of a bailout fund and debt brake. 
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| Rupee up 13 paise against dollar Posted: 12 Sep 2012 05:53 AM PDT Tracking gains in stock market, the rupee firmed up 13 paise to close at 55.21 on persistent selling of dollars by banks after a German court's verdict on a new EU bailout fund softened the global demand for the American currency. 
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| Hero to drop Honda badge from all products Posted: 12 Sep 2012 05:19 AM PDT Hero MotoCorp has decided to drop the badge of erstwhile joint venture partner Honda from all its existing products within this month, just over a year after splitting up with the company. 
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| Car companies sweat over weak festive season Posted: 12 Sep 2012 04:50 AM PDT Sluggish sales are worrying car companies who fear that the coming festive season with be low on spirits and require higher discounts and freebies for spurring purchases. 
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| Sensex hit 18,000 on rate cut hopes Posted: 12 Sep 2012 04:35 AM PDT Rising for sixth straight day, Sensex today jumped 147 points to close above 18,000 level for the first time since February 23 on rising hopes that muted growth in July IIP will force RBI to cut interest rates, amid reports that Germany's top court has backed a new EU bailout fund. 
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| Industrial output grows at 0.1% in July Posted: 11 Sep 2012 10:46 PM PDT Industrial production growth rate slowed to just 0.1 per cent cent in July due to poor show by manufacturing, mining and capital goods sectors. 
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| Sensex up 86 points in early trade Posted: 11 Sep 2012 09:24 PM PDT Extending gains for the sixth session in a row, the BSE benchmark Sensex rose by nearly 86 points in early trade on Wednesday on buying by funds and retailers ahead of industrial output data amid a firm Asian cues. 
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