With falling revenues from domestic flights, Jet has now started operations to New York. I wonder how long before fares in this sector to start falling with Kingfisher also set t start operations.
The mineral rich states are now throwing a tantrum over the national mining policy. Hmmm, I wonder is Navin Patnaik is upset at being sidelined over POSCO.
In a surprising ranking, HAL or Hindustan Aeronautics Limited is among the top 100 defence firms globally. Its ranked 34.
WIPRO has made the largest acquisition by an Indian IT firm through its acquisition of Infoprocessing Inc for USD 600 million.
M&M has started operations of its its pick up business in Chile. Wise move concentrating on such developing countries where the market has future growth potential and does not have strong players.
Yesterday it was the textile exporters, today it’s the IT and ITES sector which is asking for government subsidy to offset the rupee appreciation.
While mobile operators in the US are engaged in a dispute with Google over revenue sharing, Airtel has signed an agreement with Google to carry Googles services on its network.
With increasing number of loan defaults, Dena bank has joined with Crisil and Care implement credit rating for its potential borrowers.
