Mumbai, Oct 22 (IANS) Despite the Indian government still being in a denial mode claiming the global financial tsunami is just one more turbulence that the economy will weather, Indian equities markets by tanking once again Wednesday proved that the shivers going down the spine of Indian as well as global investors will not subside in a few days or months but may take a couple of years, analysts said.
Wednesday, October 22, 2008 2:03:15 PM
New Delhi, Oct 22 (IANS) Airlines will pay all the outstanding dues on aviation fuel to oil companies in instalments twice a year and will be given a credit limit of 90 days to purchase the current requirement of aviation turbine fuel (ATF), according to a decision reached at a meeting of civil aviation and petroleum ministers here Wednesday.
Wednesday, October 22, 2008 1:30:41 PM
Bangalore, Oct 22 (IANS) IT major Wipro Wednesday reported a profit of Rs.9.96 billion $203 million) for the second quarter of this financial year ended Sep 30, recording a 30 percent year-on-year growth to beat its own projection.
Wednesday, October 22, 2008 11:20:54 AM
Mumbai, Oct 22 (IANS) Indian equities opened lower Wednesday on weak global cues, especially worried over the poor performance on Wall Street, with investors rushing to book profits on previous day's gain.
Wednesday, October 22, 2008 11:20:27 AM
Hyderabad, Oct 22 (IANS) After taking 52 years to sell its first 100 choppers in India, Bell Helicopter expects to sell its next 100 in less than five years as the country has emerged as an important market for the US company, a top official said.
Wednesday, October 22, 2008 10:50:54 AM
Kolkata, Oct 21 (IANS) The US recession will not affect the GDP growth of the emerging economies, an analyst said here Tuesday.
Tuesday, October 21, 2008 10:25:26 PM
Ahmedabad, Oct 21(IANS) Phoenix Group Global, a promoter of luxury resorts, Tuesday announced the launch of its own brand of Zuri luxurious hotels and resorts in India.
Tuesday, October 21, 2008 10:19:01 PM
New Delhi, Oct 21 (IANS) The Airports Authority of India (AAI) has asked leading private carriers Jet Airways and Kingfisher Airlines to clear their dues by Oct 24, a senior official said here Tuesday.
Tuesday, October 21, 2008 9:29:28 PM
New Delhi, Oct 21 (IANS) A Group of Ministers (GoM) which met Tuesday to take a call on constructing a greenfield airport at Greater Noida failed to reach consensus on the issue and will meet again later, Civil Aviation Minister Praful Patel said.
Tuesday, October 21, 2008 9:25:04 PM
Kolkata, Oct 21 (IANS) Copenhagen-based brewery group Carlsberg, with a global turnover of $10 billion, will make India its global sourcing hub, a top company official said here Tuesday.
Tuesday, October 21, 2008 9:23:09 PM
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