NATIONAL Kingfisher, not Jet, to pick up stake in Air Sahara Amid speculation about Air Sahara selling its equity to raise funds for its expansion plans, liquor baron and owner of Kingfisher Airline Vijay Mallya today (oct 18, 2005) said he was 'certainly interested' in picking up stake, even as Jet Airways chief Naresh Goyal said he was not.
MindTree Consulting launches CIO toolkit today IT services company MindTree Consulting today (Oct 18, 2005) announced the launch of its 'CIO Toolkit', an 'innovative' service suite for CIOs of leading organisations.
Sensex plunges by 195 pts from day's intra-day high After a strong initial rally, the Sensex later went into a tailspin and plunged by 195 points from its today's (Oct 18, 2005) high on heavy sell-off by hedge funds triggered by sharp fall in the rupee value against US dollar.
Ratan Tata takes charge as Chairman of TTSL today In a bid to give a fillip to the rapidly expanding telecom business, Tata Group Chief Ratan Tata today (Oct 18, 2005) took charge as Chairman of the privately held company, Tata Teleservices (TTSL), after the incumbent Firdose Vandrewala quit the top post.
India's first dedicated air ambulance launched today Escorts Heart Institute and Research Centre today (Oct 18, 2005) signed an agreement with Deccan Aviation, which operates the budget carrier Air Deccan, to launch 'Air Rescue One,' the country's first dedicated air ambulance that is equipped to deliver critical care to patients even at 10,000 ft in the sky.
NTC land: Indiabulls Properties to move Apex Court Indiabulls Properties, the real estate arm of Indiabulls Financial Services, is planning to file an appeal in the Supreme Court against the Bombay High Court order setting aside the sale of land owned by National Textile Corporation (NTC) in Mumbai.
Shekhawat concerned about poor farm sector growth Vice President Bhairon Singh Shekhawat today (oct 18, 2005) voiced concern over slow growth of farm sector in recent years despite strong overall growth of the economy.
Air Deccan assists Govt in JK quake relief efforts Air Deccan today (Oct 18, 2005) sent 11 tonnes of relief material to Srinagar as part of the Indian Government's ongoing relief efforts for the earthquake-ravaged state.
BSE: Sensex rallies smartly during morning trade The Bombay Stock Exchange Benchmark 30-share Index (Sensex) today (Oct 18, 2005) opened firm and rallied smartly during morning trading on fresh buying support prompted partly by Foreign Institutional Investors (FII) positive activity on Friday.
INTERNATIONAL 'India has a lot to learn and imbibe from China' India has to learn a lot from China's near double-digit economic growth and emergence as a the world's factory, Finance Minister P Chidambaram said after touring the Communist giant's gleaming economic hub, Shanghai.
Free trade benefits lower than estimate: World Bank The World Bank has scaled back its estimate of the overall gain to the global economy from the elimination of tariffs and subsidies, an official has said.
Indo-China hydrocarbon sector a formidable presence The coming together of India and China in hydrocarbons sector will constitute a 'formidable presence' in the global hydrocarbons scenario, Minister for Petroleum and Natural Gas, Mani Shankar Aiyar has said.
