Business News

Last updated: Thursday, October 08, 2015 12:00:03 AM

India to see 6.8 percent demand fall in aviation sector
New Delhi, March 24 (IANS) India's aviation industry is likely to see a 6.8 percent fall in demand and 4 percent drop in capacity in 2009 due to the 'rapid deterioration of the global economic conditions,' an international air travel lobby said Tuesday.

Tuesday, March 24, 2009 7:05:23 PM

HDFC reduces lending rate from Wednesday
New Delhi, March 24 (IANS) Housing finance company HDFC Tuesday announced a reduction in its retail prime lending rates (RPLR) by 50 basis points (bps) from March 25.

Tuesday, March 24, 2009 6:45:02 PM

Ashok Leyland develops hythane engine
Chennai, March 24 (IANS) The Hinduja group's commercial vehicle manufacturer Ashok Leyland Ltd, in association with Australia's Eden Energy, has developed a hythane-powered 92-KW engine, the company said Tuesday.

Tuesday, March 24, 2009 5:52:27 PM

Airbus, Air India resume talks on A-380 aircraft sale
New Delhi, March 24 (IANS) European aircraft manufacturer Airbus Industrie has once again initiated talks with India's flagship carrier Air India to sell its jumbo A-380 aircraft, a senior company official said Tuesday.

Tuesday, March 24, 2009 4:48:43 PM

Markets cool off as profit booking kicks in
Mumbai, March 24 (IANS) The rally in Indian equities markets lost steam Tuesday as investors took advantage of higher valuations and booked profits in select stocks, leading to a key index sliding from the day's high at day's close.

Tuesday, March 24, 2009 4:29:42 PM

Pacnet ups stake in JV, applies for long distance licences
New Delhi, March 24 (IANS) Hong Kong-based telecommunications major Pacnet Tuesday said it has increased its stake in its joint venture with FutureWorld India to 74 percent and will shortly apply for international long-distance (ILD) and national long-distance (NLD) licences.

Tuesday, March 24, 2009 4:09:39 PM

Congress promises affirmative action, food security act
New Delhi, March 24 (IANS) Promising such populist steps like affirmative action in the private sector and a right to food act, the Congress party Tuesday said its economic policy will focus on inclusive growth, middle path and low inflation if voted back to power.

Tuesday, March 24, 2009 3:50:53 PM

Markets give up gains, close lower
Mumbai, March 24 (IANS) Indian equities markets gave up their day's gains to end Tuesday marginally in the red, with a key index ending trade 0.23 percent lower than its previous close.

Tuesday, March 24, 2009 3:42:20 PM

Markets hold on to gains in afternoon
Mumbai, March 24 (IANS) Indian equities held on to their morning gains Tuesday afternoon on the back of increased buying in banking and realty stocks. A key index was ruling 1.89 percent higher about 90 minutes before the closing bell.

Tuesday, March 24, 2009 2:25:20 PM

'Meltdown an opportunity for India, Africa to deepen ties'
New Delhi, March 24 (IANS) The current economic crisis could be a blessing in disguise for both India and Africa, according to Minister of State for External Affairs Anand Sharma.

Tuesday, March 24, 2009 2:11:41 PM

News Business Articles Index


This Week's Most Discussed

This Week's Most Emailed News

Feature Coming Soon..

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech


Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.