markets

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…

Tagged as: airline, business, corporate, development, india, industry, it-department, jet-airways, kingfisher, legal, markets

0 comments Read the full article →

Alibaba Group to take Alibaba.com private for $2.5 billion

by Paul Joseph February 22, 2012 Featured

Chinaq’s Alibaba Group Holding Ltd, controlled by billionaire Jack Ma, yesterday offered HK$19.6 billion ($2.5 billion) to privatise its Hong Kong-listed unit Alibaba.com Ltd, China’s biggest e-com…

Tagged as: advertising, alibaba-com, alibaba-group, india, industry, management, markets, privatise

0 comments Read the full article →

Samsung plans to spin off its LCD business

by Paul Joseph February 21, 2012 Featured

South Korean electronics giant Samsung has plans to spin off its liquid-crystal display (LCD) operations into a separate business in an attempt to breathe life into its unprofitable flat-panel business. Samsung is now focusing on a more advanced technology called organic light-emitting diodes (OLED) as sharp declines in the prices of the conventional displays dragged Samsung’s LCD operations into the red in the recent years read more

Tagged as: china, european, gadgets, india, indian, markets, photoshop, south-korea

0 comments Read the full article →

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

Tagged as: advertising, airline, bank of india, business, companies, corporate, finance, industry, markets

0 comments Read the full article →

Kingfisher denies services hit by financial difficulties

by Paul Joseph February 20, 2012 Featured

Kingfisher Airlines Ltd (KAIR) has denied reports attributing financial difficulties behind curtailing of services saying recent cancellations resulted from bird hits and other disruptions. …

Tagged as: airlines, aviation, bangalore, finance, friends, jet-fuel, kingfisher, marketing, markets, price-war

0 comments Read the full article →

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…

Tagged as: advertising, airline, business, chennai, copyright, corporate, government, kingfisher-ceo, legal, management, markets, news

0 comments Read the full article →

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…

Tagged as: airlines, aviation, business, copyright, corporate, finance, india, kingfisher-airlines, marketing, markets, news, sbi

0 comments Read the full article →

Direct import of ATF may become a reality soon

by Paul Joseph February 18, 2012 Featured

The ministry of civil aviation on Wednesday moved the commerce ministry asking it to take steps to facilitate direct import of aircraft turbine fuel (ATF) by Indian carriers. An empowered gr…

Tagged as: advertising, aviation, copyright, economy, finance, government, industry, markets, reality-soon

0 comments Read the full article →

Government weighing bailout package for all domestic airlines

by Paul Joseph February 18, 2012 Featured

The government has asked all Indian scheduled airlines to submit details of their financial position, debt and working capital requirements so that a bailout plan could be worked out

Tagged as: airlines, aviation, debt, economy, finance, financial, government, india, marketing, markets, news

0 comments Read the full article →

Shanghai launches $7.9-bn fund to aid overseas acquisitions in yuan

by Paul Joseph February 17, 2012 Featured

The provincial government of Shanghai has launched a $7.9 billion fund to aid Chinese companies to make overseas acquisitions as part of Beijing?s plan to internationalise the yuan

Tagged as: 50-billion-yuan, advertising, chinese, copyright, corporate, industry, investment, legal, liu-shiyu, management, markets

0 comments Read the full article →