Return on shareholder funds on the rise
SHAREHOLDERS in Indian companies now get a better buck for every rupee invested than they did a couple of years ago. The last three years of belt-tightening, in terms of improving operating efficiency, better debt management and using assets ...
National air carriers settle spat over `smart voyager' scheme
THE Indian Airlines-Air India joint flight carrying `smart voyagers' is emerging out of high turbulence and slowly cruising into calmer skies. Caught in the air pocket created by the squabble between the airlines were top corporate executives, ...
Sun Pharma shelves plans for Hind Antibiotics merger
Hindustan Antibiotics largely produces penicillin and antibiotics and currently has about 1,700 employees.
Ro-ro may become Konkan Rly monopoly
KONKAN Railway Corporation Ltd (KRCL) may get the monopoly rights to operate a ro-ro service along the Indian Railway network. This will be similar to the rights being enjoyed by Container Corporation of India (Concor) in the transportation of ...
Infosys bags Pepsi contract
INFOSYS Technologies Ltd has won a deal from Pepsi that has the potential to swell up to $40 million over two years, according to sources. Pilots have already started, they added. This account is likely to see manpower touching up to 600 in ...
i-flex lines up Rs 120-cr expansion plan
INCREASED momentum in the Latam (Latin America) and European markets has prompted banking solutions provider i-flex Solutions to earmark Rs 120 crore towards infrastructure expansion. The company plans to set up a facility at Goregaon that ...
As fares fall, people take off
THINGS just got better for domestic air travellers. In a concerted effort to stimulate the market all airlines have come up with highly tempting deals to woo passengers. Air Sahara has launched the Surprice package, ...
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