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Last updated: Saturday, March 28, 2015 11:40:04 PM

India announces Rs.250 bn package to improve liquidity
New Delhi, Oct 15 (IANS) In a bid to release more funds for credit-starved industry, Finance Minister P. Chidambaram Wednesday announced a Rs.250 billion (Rs 25,000 crores/$5.5 billion) package for lending institutions and doubled the overseas borrowing limit for the corporate sector to $6 billion.

Wednesday, October 15, 2008 5:49:40 PM

US to have permanent aviation official in India
Hyderabad, Oct 15 (IANS) The Federal Aviation Administration (FAA), which regulates all aspects of civil aviation in the US, will have a permanent representative in India, it said here Wednesday.

Wednesday, October 15, 2008 5:15:46 PM

Kerala to study impact of global financial crisis
Thiruvananthapuram, Oct 15 (IANS) The Kerala government has instituted a study into the adverse effect of the global economic crisis on the state.

Wednesday, October 15, 2008 4:47:17 PM

Himachal Pradesh sells 20 mn apple boxes
Shimla, Oct 15 (IANS) The apple season in Himachal Pradesh is almost over with more than 20 million boxes having been transported out of the state so far.

Wednesday, October 15, 2008 4:24:37 PM

Indian equities slip after two days of gains
Mumbai/New Delhi, Oct 15 (IANS) After two days of impressive gains, Indian equities ended lower Wednesday on cues from other bourses, even as investors' mood was dampened by the way the central bank's proposal to help mutual funds found few takers.

Wednesday, October 15, 2008 4:24:16 PM

Tata Steel says Corus' pension funds not at risk
New Delhi, Oct 15 (IANS) Tata Steel Wednesday said the pension fund surplus of its British subsidiary, Corus group, has risen in the last quarter ended Sep 30, compared to the previous quarter, and that these funds did not face any risk.

Wednesday, October 15, 2008 3:48:49 PM

Jet Airways staff cries foul after pink slips to 850
New Delhi/Mumbai, Oct 15 (IANS) Agitated employees of Jet Airways cried foul Wednesday after the services of 850 staff were terminated, following a strategic and operational alliance with rival Kingfisher Airlines. The airline also warned more jobs were on the block.

Wednesday, October 15, 2008 3:39:07 PM

India's civil aviation offers $300 bn investment opportunity
Hyderabad, Oct 15 (IANS) India's aviation sector offers investment opportunity of $200 billion to $300 billion by 2020, and it is confident of overcoming the 'temporary hurdles' to continue the growth, Civil Aviation Minister Praful Patel said here Wednesday.

Wednesday, October 15, 2008 3:01:36 PM

India's anti-monopoly body watching Jet, Kingfisher deal
New Delhi, Oct 15 (IANS) Action will be initiated against Kingfisher Airlines and Jet Airways under India's anti-trust laws if they hike fares in tandem after their recent strategic and operational alliance, a top official of a quasi-judicial watchdog said here Wednesday.

Wednesday, October 15, 2008 2:11:08 PM

India's central bank extends scheme to fund mutual fund
Mumbai, Oct 15 (IANS) the Reserve Bank of India (RBI) Tuesday said the auction of bonds to release Rs.200 billion ($4.18 billion) toward the needs of mutual fund industry would be extended till such time it was fully subscribed.

Wednesday, October 15, 2008 1:34:00 PM

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