news

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

Tagged as: advertising, business, copyright, finance, industry, management, news, state-bank-of-india

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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…

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

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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

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BAE hints at more job cuts after disappointing results for 2011

by Paul Joseph February 17, 2012 Featured

BAE Systems hinted at the possibility of more job cuts yesterday as Britain’s biggest defence manufacturer announced disappointing results for 2011 with sales expected to remain  stagnant this…

Tagged as: bae-systems, britain, business, copyright, corporate, finance, ihs-janes, india, legal, news

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Kingfisher posts 75% jump in net loss for Q3

by Paul Joseph February 16, 2012 Featured

Kingfisher Airlines has reported a 75-per cent jump in its net loss to Rs444 crore for the December quarter from a year earlier amid high fuel costs, significant flight cuts and a weaker rupee, the…

Tagged as: business, companies, corporate, finance, kingfisher, management, marketing, net-loss, news, posts

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MI-17 V5 helicopter to be inducted into the IAF tomorrow

by Paul Joseph February 16, 2012 Featured

The Mi-17 V5 armed helicopter is scheduled to be inducted into the IAF Friday, 17 February 2012. The Mi-17 V5 includes substantial and effective firepower with the latest and more powerful engines …

Tagged as: business, corporate, finance, helicopter, iaf, india, mi-17-v5, news

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Boeing signs record $22.4-bn deal with Indonesia’s Lion Air

by Paul Joseph February 14, 2012 Featured

With orders for 230 airplanes valued at $22.4 billion at list prices, this deal is the largest commercial airplane order ever in Boeing’s history by both dollar value and total number of airplanes

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Boeing?s 787 Dreamliner to star at Singapore Airshow

by Paul Joseph February 13, 2012 Featured

The much-delayed 787 Dremliner from Boeing will star at the Singapore Airshow this week where companies owning private jets and defence hardware would also be present in numbers. The lightw…

Tagged as: advertising, copyright, dreamliner, finance, legal, management, markets, news, weekend

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Tata-Pepsi JV NourishCo launches enriched water

by Paul Joseph February 9, 2012 Featured

Tata Global Beverages Ltd, which sells Tetley Tea and Eight O’Clock coffee, and the Indian arm of soft drinks major PepsiCo Inc, today launched a new product of their joint venture NourishCo Bevera…

Tagged as: advertising, companies, copyright, finance, india, indian, industry, news, pepsi, soft-drinks

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