NATIONAL No deal signed with Jet Airways, says Air Sahara No deal has been signed between Air Sahara and Jet Airways, but discussions are on for a strategic alliance between the two private carriers.
Budget to focus on masses, cut deficits, growth: PC Aiming 7-8 per cent growth this year, Finance Minister P Chidambaram today (Jan 11, 2006) hinted at cutting fiscal deficit by 0.3 per cent to 4 per cent of GDP in the coming Budget, which will focus on rural India and the masses.
B'lore: Space constraints deter Infy's growth plans Space constraints are deterring Infosys Technologies Ltd's growth plans in Bangalore and the software major expects most of the headcount ramp-up to come in other cities of India, the company's management said today (Jan 11, 2006).
Budget to retain FBT, simplifications expected: FM Finance Minister P Chidambaram today (Jan 11, 2006) ruled out withdrawal of Fringe Benefit Tax, but agreed to simplify it by looking into glitches in the coming budget.
A-I signs pact with Boeing for buying 68 aircraft National carrier Air-India today (Jan 11,2006)signed a landmark agreement with US aerospace firm Boeing commercial airplane for purchase of 68 aircraft at an
estimated cost of Rs 35,000 crore.
'India on course to meet fiscal, revenue deficits' Finance Minister P Chidambaram today (Jan 11,2006)said India was on course to achieving the target of bringing down fiscal and revenue deficits as outlined in the Budget 2005-06.
Infosys BPO arm Progeon chief Akshaya Bhargava quits Managing Director and ChiefExecutive Officer of Progeon Limited, Infosys Technologies' Business Process Outsourcing (BPO) arm, Akshaya Bhargava, is quitting the firm for personal reasons, the Bangalore-based company announced today (Jan 11,2006).
iGate records Rs 19.71 cr profit in third quarter iGate Global Solutions (iGS) today (Jan 11,2006) announced that its revenes for the third quarter offiscal 2006 (quarter ending December 31, 2005) were Rs 165.15
crore, up 15.1 per cent from Rs 143.46 crore recorded in same period last fiscal.
INTERNATIONAL Oil prices higher in Asian trade, release of US data Oil prices were firmer in Asian trade today (Jan 11,2006)ahead of the release of US data expected to show a drop in heating oil stockpiles, dealers said.
