Posts tagged as: India

Jet Airways pilots back striking Air India counterparts

Backing their protesting Air India counterparts, the pilots’ body of Jet Airways today called for an immediate reinstatement of those sacked and appealed to Civil Aviation Minister Ajit Singh to intervene and get the issue resolved at the earliest. “We are calling for immediate reinstatement of our IPG colleagues and negotiations in good faith [...]

Sensex stays up over 100 pts; banks, oil gas support

The BSE Sensex stayed higher with more than 100 points gains led by 27 components while the NSE Nifty too held the 5000 level quite nicely. Index heavyweights Reliance Industries, State Bank of India and Larsen & Toubro were helping the market. The BSE benchmark moved up 131.46 points or 0.8% to 16,611.04 and [...]

Air India crisis continues, 24 more pilots sacked

There seems to no end to the turbulence in national carrier Air India. The airline has sacked 24 more pilots, taking the total number of axed pilots to 70. The national carrier has also written to the aviation regulator Directorate General of Civil Aviation (DGCA) to cancel flying licences of the sacked pilots. [...]

Air India sacks 71 pilots in 4 days; crisis worsens

There seems to be no end in sight to the Air India crisis. The pilots’ strike entered the fifth day on Saturday and passengers continued to suffer as 15 international flights were cancelled. On Friday, Air India sacked 25 more pilots taking the total number of sacked pilots to 71 in four days, even [...]

Gold loses shine as rural India eyes appliances

>> Page not found   The page you have requested might no longer exist, has had its name changed, or is temporarily unavailable. Suggestions:  ? If you typed the page address/URL, make sure it is spelt correctly.  ? Open the Indiatimes.com homepage or sitemap and look for links to the information you want.  ? Use the [...]

Buy Union Bank of India; target Rs 209: Dolat Capital

Dolat Capital is bullish on Union Bank of India (UBI) and has recommended buy rating on the stock with a target price of Rs 209 in its May 11, 2012 research report. “Union Bank of India’s (UBI) net interest income (NII) grew 9% YoY to Rs 18.8bn – 2.6% lesser than our estimates of [...]

Adidas seeks criminal probe into Reebok India accounts

German sportswear giant Adidas has petitioned the Indian law enforcement authorities to open a criminal investigation into alleged financial irregularities uncovered in its Indian arm Reebok India. A “criminal complaint” was filed with the Indian law enforcement authorities in order to bring formal charges in connection with the “commercial irregularities uncovered at Reebok India”, [...]

Gold loses shine as rural India eyes appliances

>> Page not found   The page you have requested might no longer exist, has had its name changed, or is temporarily unavailable. Suggestions:  ? If you typed the page address/URL, make sure it is spelt correctly.  ? Open the Indiatimes.com homepage or sitemap and look for links to the information you want.  ? Use the [...]

Are the worst of bad loans over for banking industry?

This week, top on everyone’s mind has been the banking sector. Fourth quarter results indicate a stomach churning rise in the number of bad loans or loans which borrowers are not paying back. At such a time, the regulator Reserve Bank of India is imposing sterner rules called the Basel rules. These rules require [...]

Gold loses shine as rural India eyes appliances

>> Page not found   The page you have requested might no longer exist, has had its name changed, or is temporarily unavailable. Suggestions:  ? If you typed the page address/URL, make sure it is spelt correctly.  ? Open the Indiatimes.com homepage or sitemap and look for links to the information you want.  ? Use the [...]

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