business

Airlines want cash to carry stranded Kingfisher passengers

by Paul Joseph February 22, 2012 Featured

Sanjay Aggarwal, chief executive of Kingfisher, said after a meeting with aviation officials that flight cancellations would continue to occur for at least five to seven more days before operations ar…

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Brands, get ?pinned? for profit with Pinterest

by Paul Joseph February 22, 2012 Featured

Brands take note. Pinterest is showing all the right signs of becoming a mainstream player on the social media front. ”Pinterest – Best Practice Guide”, by leading independent digital marketing a…

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No cash bailout for Kingfisher just yet

by Paul Joseph February 22, 2012 Featured

Reports that the airline?s lenders have agreed to pump in more cash seem premature; but it is likely that the fast-sinking Kingfisher Air will get some sort of bailout soon

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Rinspeed unveils Dock+Go- rear-extension for compact electric cars

by Paul Joseph February 21, 2012 Featured

Rinspeed, Swiss automotive company widely famous for outlandish concept cars, has unveiled its latest creation, the Dock+Go system, which can be plugged into Smart Fortwo ED to add room of a full size vehicle. The backpack for your tiny electric vehicle is actually a creation of Swiss automotive visionary Frank M. Rinderknecht, who described his latest creation as an on-demand third axle. The Dock+Go promises to provide additional trunk space, a hot box for pizza delivery or even additional speakers and infotainment options. read more

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Vista Equity Partners to scupper Temenos-Misys merger with ?1.2bn offer

by Paul Joseph February 21, 2012 Featured

US private equity group Vista Equity Partners has made a rival ?1.2-billion offer for British banking software firm Misys, torpedoing an agreed all-share merger between competing rivals Misys and S…

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Kingfisher to provide revised flight schedule by tomorrow

by Paul Joseph February 21, 2012 Featured

Kingfisher Airlines has been given time till tomorrow by the Directorate General of Civil Aviation to revise its flight schedule

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DGCA asks Kingfisher CEO to explain flight cancellations

by Paul Joseph February 20, 2012 Featured

Aviation regulator Directorate General of Civil Aviation (DGCA) has summoned chief executive of cash-strapped Kingfisher Airlines to explain the reasons behind the large number of flight cancellati…

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Mallya, UB must return Rs100 crore to Kingfisher: SBI

by Paul Joseph February 18, 2012 Featured

The troubled Kingfisher Airlines, which may have to shut down if its lenders don’t bail it out, has been directed by the State Bank of India to reverse nearly Rs100 crore in guarantee commission it…

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Kingfisher cancels Kolkata flights, may leave city for good

by Paul Joseph February 18, 2012 Featured

Hit by an employees’ strike over non-payment of salaries and dues, the deeply-troubled Kingfisher Airlines on Friday decided to halt all bookings to or from Kolkata for four days beginning 25 Febru…

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Virgin Atlantic urges regulator to stop BMI-British Airways merger

by Paul Joseph February 18, 2012 Featured

Sir richard branson’s Virgin Atlantic has lodged a formal complaint against the proposed merger of British Midland International (BMI) with British Airways to the European Commission (EC) on the gr…

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