AI commences jet fuel price risk hedging
Air India has become the first airline in the country to hedge its jet fuel price risk. The airline last week used a derivatives contract on the international commodity markets for the first time. An airline spokesperson said that the airline ...
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BA to add more flights to Bangalore
British Airways has said that it will add another flight from London Heathrow to Bangalore, flying six times a week to the city from May 4 this year. The Bangalore route was launched only on October 31, 2005. Flight frequencies to and from ...
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Vizag handling crosses 50 mt again
The Visakhapatnam port, which became the first in the country to handle 50 million tonnes of cargo last year, crossed the 50-million-tonne-mark again this year on Tuesday, with a month still to go for the completion of the financial year. ...
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GENERAL INSURANCE
Motor cover premium rates to rise
The Budget 2006-07 is likely to seen an up tick in both general and life insurance premiums as a result of an increase in service tax to 12.5 per cent from 10 per cent. Mr Kartik Jain, Head Marketing and E-Channels, ICICI-Lombard ...
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