Business News

Last updated: Monday, July 06, 2015 10:04:03 PM

Tough ride to new Bangalore airport may hit short-haul flights
Bangalore, March 7 (IANS) Even as launch of commercial operations from the newly built Bangalore international airport is three weeks away (March 30), domestic airlines are contemplating the feasibility of operating short-haul routes like Kochi, Chennai and Hyderabad from the new airport.

Friday, March 07, 2008 9:13:03 PM

Russia to upgrade IAF's MiG-29 combat jets
New Delhi, March 7 (IANS) The long-delayed upgrade of the Indian Air Force's MiG-29 jets is set to get underway with its manufacturer RAC-MiG inking a deal with the Indian defence ministry in Moscow Friday, the company said.

Friday, March 07, 2008 9:06:09 PM

Central government employees get pay bonanza (Lead)
New Delhi, March 7 (IANS) After offering loan waivers worth Rs.600 billion to small farmers, the Indian government Friday raised dearness allowance for over four million central government employees and pensioners by six percent, which will cost the nation Rs.38.5 billion in fiscal 2008-09 alone.

Friday, March 07, 2008 8:49:23 PM

Gujarat Investa to acquire Anunay Fabrics
Ahmedabad, March 7 (IANS) City-based non-banking financial company Gujarat Investa Ltd GIL) announced Friday that it has decided to acquire textile export house Anunay Fabrics Private Ltd.

Friday, March 07, 2008 8:31:57 PM

Dearness allowance hiked for central government employees
New Delhi, March 7 (IANS) The union cabinet Friday decided to raise the dearness allowance (DA) for central government employees and pensioners by six percent, taking it to 47 percent of their basic pay. The hike will be effective from Jan 1 this year.

Friday, March 07, 2008 8:25:11 PM

Actress Nadia to endorse Arokya milk
Chennai, March 7 (IANS) Hatsun Agro Product Ltd (HAPL), one of the country's leading private dairy firms, has roped in actress Nadia as the brand ambassador for its premium milk brand Arokya.

Friday, March 07, 2008 8:23:55 PM

India raises rice export prices
New Delhi, March 7 (IANS) India has raised the minimum price for exporting basmati and non-basmati rice to $900 and $650 per tonne respectively, the Commerce and Industry Ministry stated in a note Friday.

Friday, March 07, 2008 7:35:28 PM

256 IIM-Lucknow students get 586 job offers!
New Delhi, March 7 (IANS) The batch of Indian Institute of Management (IIM)-Lucknow students passing out this year has bagged 586 jobs offers, including 32 foreign placements, the institute said Friday.

Friday, March 07, 2008 6:56:34 PM

Tamil Nadu matchbox industry demands 8 percent duty cut
Chennai, March 7 (IANS) Around 200 matchbox making units in Tamil Nadu will down their shutters March 10 demanding an 8 percent reduction of Cenvat duty.

Friday, March 07, 2008 6:56:04 PM

Indian markets end the week with heavy losses (Roundup)
Mumbai, March 7 (IANS) Indian equity markets ended deep in the red Friday, with the benchmark index shedding over 500 points, marching in step with downward global trends on the back of heavy selling in key sectors.

Friday, March 07, 2008 6:50:43 PM

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