Thu23022012

Font Size

Screen

Profile

Menu Style

Cpanel
Back Business

BUSINESS

PMEAC projects 7.5-8% growth rate for 2012-13

Projecting an ambitious growth rate of 7.5 to 8 per cent, the Prime Minister's Economic Advisory Council (PMEAC) today expressed confidence that the country can achieve even more than this, provided the global environment turns favourable.

PAC to summon Air India chief prior to finalising report

A Parliamentary panel has decided to summon the top brass of Air India in order to look into the reasons behind the financial woes of the company, before it prepares a report on the matter.

Kingfisher files fresh flight schedule before DGCA

Kingfisher Airlines on Wednesday filed a fresh flight schedule with the DGCA as per which the airline will operate only 170 flights with its 28 functional aircraft after the aviation regulator rapped the former for cancellations on Tuesday and asked it to come up with realistic flight schedule in the present situation.

Govt allows ATF import by airlines

Airline companies which are bleeding a lot because of high ATF prices can now breath easy as the Government on Wednesday formally allowed the local airlines to import jet fuel directly.

Power producers meet Chatterji

The private power producers on Wednesday met the Principal Secretary to the Prime Minister Pulok Chatterji to discuss the issues beleaguering the sector. Top executives of private power companies including Anil Ambani and Cyrus Mistry discussed the various issues faced by the sector with the high level panel headed by Chatterji.

Bose unveils Lifestyle 135 and CineMate 1SR

The US-based audio technology company Bose on Wednesday launched two speaker systems priced up to Rs 1.8 lakh in the Indian market.

US uncovers $5m scam aided by Indian call centres

The US authorities have uncovered a $5 million scam and shut down a California-based firm that cheated thousands of American customers with the help of Indian call centres that made millions of fraudulent and threatening "debt collector" calls.

Hero MotoCorp inks tech sourcing pact with EBR

Hero MotoCorp has entered into a strategic partnership with US-based Erik Buell Racing (EBR) on Wednesday as it wants to strengthen its presence in the high-end bike segment.

Inbrief

AMR Infrastructures redefines realty, sets a new benchmark

Special package for connecting minor ports and airports in 12th plan

There would be a major focus on road connectivity to minor ports and airports in the 12th plan (2012-17). A Planning Commission Working Group on Central Roads Sector has demanded special package for this so that it is implemented on priority basis, separating it from overall National Highway planning.

RBI hints at another CRR cut as liquidity remains tight

RBI Deputy Governor Subir Gokarn on Tuesday said the apex bank will “consider” a further cut in the cash reserve ratio (CRR) if the systemic liquidity conditions continue to be tight.