Saturday, October 20, 2012

KFA crash may push airfares up by 10%

KFA crash may push airfares up by 10%


KFA crash may push airfares up by 10%

Posted: 20 Oct 2012 05:33 PM PDT

The suspension of Kingfisher Airline's licence will mean fewer seats in the market and in the coming festival and holiday season, other airlines, especially the low-cost carriers, are likely to take advantage of the situation.


Lenders keep fingers crossed over Mallya-Diageo deal

Posted: 20 Oct 2012 05:30 PM PDT

Lenders to Kingfisher Airlines are on a wing and a prayer as they fervently hope that Vijaya Mallya would strike a deal with British liquor giant Diageo for his flagship company United Spirits.


Indo-US body job fair attracts major companies

Posted: 19 Oct 2012 11:59 PM PDT

Recruiters from over 40 major companies, including IBM, Infosys and Abbott Labs, took part in a job fair organised by Indo-American Community Services here.


Concerns rise as more US audit work moves to India

Posted: 19 Oct 2012 11:52 PM PDT

Auditing of US corporations' financial books, a vital underpinning of investor confidence, increasingly relies on work carried out in India, where there is no clear system of oversight.


Blue chip earnings to dominate market

Posted: 19 Oct 2012 11:50 PM PDT

A slew of blue chip earnings will continue to dominate Indian stock markets, with Cairn India(CAIL.NS), Hero MotoCorp(HROM.NS), and ICICI Bank(ICBK.NS) set to post results.


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