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Tuesday, November 18, 2008
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MERGERS & ACQUISITIONS: Allow foreign airlines to pick up stake in domestic carriers: Mallya
New Delhi/Bangalore, Nov. 17 The Chairman of Kingfisher Airlines, Mr Vijay Mallya has “requested” the Government to allow foreign airlines to pick up a minority stake in ...

AIRLINES: ‘Decision on user fee at Bangalore airport after project review’
Promoters keen to levy Rs 675; in Hyderabad, it is Rs 300. A final decision on the levy of user development fee (UDF) on domestic passengers flying from the newly set up Bangalore airport will be taken after considering whether the promoters ...

RAILWAYS: Steel makers worried over Railways’ iron ore classification plan
Change will increase rail freight by 6%. Kolkata, Nov. 17 Steel producers are worried that the earlier plan of the Railways to hike the classification of iron ore for domestic movement from 170 to 180 will come into force any day. The change in ...

SHIPPING/PORTS: Bharati Shipyard yet to receive order for FCCB conversion
If fails, co must pay back $1.4 million to Tranche I FCCB holders. Kolkata, Nov. 17 Bharati Shipyard Ltd, which has outstanding Foreign Currency Convertible Bonds (Tranche I) due for redemption on December 13, has not received instruction from ...

ROADWAYS: Goods carriers want diesel price lowered
The All-India Confederation of Goods Owners’ Association has urged the Union Government to reduce the diesel price immediately, more so when the price of aviation turbine fuel is being systematically ...

RAILWAYS: TN Govt urged to share cost of 5 new Rly projects
Madurai, Nov. 17 The Tamilnadu Chamber of Commerce and Industry has urged the Tamil Nadu Government to accord its consent and share the cost of five new railway projects in ...

AIRLINES: NACIL invites bids for sale, leaseback of aircraft
Mumbai, Nov. 17 National Aviation Company of India Ltd (NACIL), merged entity of erstwhile Air India and Indian Airlines, has invited bids for sale and lease back arrangement for its six aircraft at total Reserve Price of $165 million (around ...

AIRLINES: Kingfisher Airlines pays part of Rs 286 cr to AAI
New Delhi, Nov. 17 Kingfisher Airlines on Monday night made a ‘significant payment’ of the more than Rs 286 crore it owes the state-owned airport operator, Airports Authority of ...

AIRLINES: Jet Airways to use area navigation
...






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Markets (Nov 17)
Nifty (at close)2799.55(-10.80)
US Dollar (Buy/Sell)49.21/22
Brent crude (a bbl) Rs2,522
Gold (a gram) Rs1,110
Silver (a kg) Rs16,635

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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Fall in chip demand is temporary: Freescale chief

GEAC clears limited field trials of GM corn

Steel makers worried over Railways’ iron ore classification plan

RBI sets loan rate cap for HFCs at Libor+ 200 bps

Realty stocks hit badly despite RBI’s revival measures

NBFCs expect banks to be more responsive

IIP up but sustainability under cloud

IIM-B placements dispel fears of gloomy job scenario

New body proposed for assessing early warning in systemic instability

Looking back
Nov. 9-Nov. 15
Travel agents, airlines split on transaction fee issue

Shipping cos plan to revive Transchart campaign

Railways sees marginal dip in Oct freight loadings

Container train operators ask wagon makers to ‘hold’ orders



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