INTERNATIONAL Virgin offers 7 slots to AI for additional flights London: British carrier Virgin Airways, which threatened to pull out of India unless the Indian government permitted it to increase its frequency, has said it can provide Air India seven additional evening landing slots at Heathrow Airport if it is allowed to operate additional flights to Delhi. Sydney Airport: Macquarie Bank wins largest sale bid Sydney: A consortium led by Macquarie Bank has won the battle for Sydney Airport with a bid of Australian Dollar 5.6 billion ($ 3.2 billion) in the world's largest airport trade sale, the government said on June 25.
OPEC adopts wait & watch, sticks to ceilings Vienna: Relaxed Organisation of Petroleum Exporting Countries (OPEC) ministers insisted on June 25 that they would leave oil production ceilings unchanged at a meeting in Vienna this week and would wait instead for concrete signs of a recovery in global demand.
NATIONAL Concerto named 'Most Innovative CIM solution provider' New Delhi: Concerto Software Inc, a customer interaction provider (CIM) provider has been named Most Innovative CIM Solution Provider by Business Management Asia (BMA) magazine according to an official press release.
Centre to soon decide on petro firms' IPO proposal Bangalore: Union Cabinet would take a decision on the proposed initial public offerings (IPO) of Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) within two months, Minister for Petroleum and Natural Gas, Ram Naik, said.
Naik to visit Iraq, to discuss petroleum trade Bangalore: Union Petroleum and Natural Gas Minister Ram Naik is visiting Iraq from July 5 to finalise a deal on exploration of oil and gas there and also on buying oil from the Middle East country.
Last date for filing IT returns extended to July 31 New Delhi: The government on June 25 fixed the last date for filing of Income-Tax returns for salaried class and pensioners as July 31 instead of June 30.
WB minister justifies MNC investment in state Madurai: West Bengal Industries Minister Nirupam Sen on June 25 justified invitation extended to multinationals and private companies to invest in the Communist-dominated state saying the state had to toe the line of the Central government and would lose the race if it did not invite foreign direct investment (FDI).
Govt gives nod to 100 per cent FDI in tea plantations New Delhi: The government on June 25 approved 100 per cent foreign direct investment (FDI) in the tea plantations to boost the sagging fortunes of the industry, plagued by a slump in prices.
Lufthansa’s offer for Asia-Pacific travellers Bangalore: German airlines Lufthansa has announced a “Summer Online Bonus Miles Promotion” (SOBMP) for its customers in the Asia-Pacific region, according to an official press release.
Home Trade CEO's remand extended till June 28 Nagpur: A court in neighbouring Wardha district has extended till June 28 the remand of chief executive office (CEO) of broking firm Home Trade Limited, Sanjay Agarwal, a prime accused in 150 crore gilt scam across the state, police said on June 25.
Separate Bill on auto fuel policy soon: Ram Naik Bangalore: The government would come out with a separate Bill outlining an auto fuel policy based on the recommendations of an expert committee, Minister of Petroleum and Natural Gas Ram Naik said on June 25.
Infosys ties up with consulting firm Concours Group Bangalore: Indian headquartered Infosys Technologies Ltd has on June 24 announced an alliance with the Concours Group, a boutique strategy consulting firm, according an official press release from Fremont, California.
Reliance suffers setback on Ambani’s health concern Mumbai: The SENSEX opened weak and later moved downwards in lacklustre activity at early stages on the Bombay Stock Exchange (BSE) on June 25 due to sustained selling pressure and lack of any worthwhile support.