Business Fwire News - Page 2
SpiceJet to add Hong Kong, Dhaka as new destinations from March
The revised schedule would fully deploy SpiceJet's fleet of 42 Boeing 737 and 15 78-seater Bombardier Q400 aircraft, the spokesperson said.
Isuzu Motors to invest Rs 3,000 cr in Andhra Pradesh manufacturing unit
The company has sold about 200 vehicles so far, out of which SUV are 50-60 and the remaining are pick-up vehicles, managing director Takashi Kikuchi said.
Centre allows quota lifeline to Indian Telephone Industries
The statement said BSNL/MTNL will give 10 percent advance against the orders placed on ITI.
Govt to focus on domestic production in 25 electronic segments
The study focussed on the factors that are hindering domestic manufacturing of these products and components.
Air India extends acceptance of Amex Cards
While only VISA card and MasterCard were being accepted for the purpose earlier, the state-owned aviation behemoth now also brought American Express cards under its ambit.
CIL to once again invite fresh applications for coal import
CIL had for the first time invited the applications with regard to coal import in November, 2013 which closed last month.
IBM to invest $1 bn to boost innovation, build new unit for Watson
IBM said it will invest more than $1 billion to establish a new business unit for Watson, as the tech giant hopes to get more revenue from the supercomputer system that beat humans on the television quiz show "Jeopardy".
BSNL to correct service loopholes in Arunachal Pradesh
The BSNL officials also assured to provide satellite phones to hundreds of census villages under this phase.
Tata Motors, Total Lubrifiants ink service pact in Africa
With this partnership, Total Lubrifiants will also jointly support in the modernisation of Tata Motors workshops across Africa, the company said.
NTPC signs initial pact for Chhattisgarh geothermal project
NTPC's current installed generation capacity is 42,454 MW. The company plans to add about 20,000 MW by 2017.
Centre approves Rs 990 cr for leather sector in 12th Plan
About 2 lakh unemployed people would be provided placement linked skill development training under the HRD sub-scheme.
Jet Airways to launch Abu Dhabi-Chennai flight from 16 Jan
The new service will now connect Chennai to several global destinations across Europe and Africa via Abu Dhabi, Jet Airways said in a release today.
Aircel selects ZTE for 4G network roll out
In the first stage, the LTE deployment will be initiated in Chennai, Rest of Tamil Nadu and few other business critical circles, the statement said.
SpiceJet lures corporate travellers with free tickets
The special offer, however, is applicable to only registered corporates, the airline said.
Central Bank of India launches new mobile banking app
The mobile application intended to promote greener and eco-friendly channels of banking while at the same time facilitating all types of customers to avail banking services on the go.
ONGC to begin work on urea plant in Tripura next year
The state government, ONGC and private sector Chambal Fertilisers and Chemicals had signed memorandum of understanding on 9 April to set up the project.
India has nearly 2.5 lakh sick MSME units
The outstanding credit to MSME sector in respect of scheduled commercial banks was Rs 8,55,658 crore at March-end this year.
Govt has taken steps to boost business sentiment: Pilot
Pilot said that the government has taken several measures such as liberalisation of FDI policy and the new Companies Act to uplift the overall business sentiment, boost investment and strengthen the industry.
Flying abroad: Centre starts process to trim norms for Indian carriers
As per the prevailing norms, an Indian carrier can qualify to operate international services only after it has flown domestically for five years and has 20 aircraft.
Etihad to launch daily service from Jaipur in April
With the new flights commencing from 1 April, the total number of Indian cities served by Etihad would rise to 10.
Dreamliner shortage delays Air India flight by nearly 10 hours
Air India has 10 Dreamliner planes and one of these operates on Delhi-Kolkata route.
Six firms applied for launching new air services: minister
The committee, headed by CPM leader Sitaram Yechury, had rapped the ministry for privatising six AAI-developed airports, including Kolkata and Chennai.
Ambani open to teaming up with Airtel to expand 4G facilities
The two companies also announced their separate plans of investing a total of Rs 6,500 crore on digital infrastructure for 4G telecom services in Punjab.
Airlines offer special fares for honeymoon couples
AirAsia, which is launching its domestic services soon, is offering promotional fares to exciting and romantic honeymoon destinations such as Langkawi, Bali and Phuket from Kuala Lumpur.
Domestic air traffic grow 11.5% in October
Indian carriers experienced double-digit growth as traffic leapt 11.5 percent in October compared to a year ago.
Coal India falls off target once again, November yields low output
The coal ministry has set production target of 482 MT and offtake of 492 MT for Coal India for 2013-14.
HP CEO Meg Whitman to be tried in shareholder class action suit
At the heart of the lawsuit are claims that HP, its executives and directors made misleading statements about the acquisition of the British company, bought in 2011 for $11.1 billion, and the subsequent write-down of roughly $9 billion of HP's assets.
NHPC facing cost over-runs in five power projects
NHPC's Teesta Low Dam Project IV (160 MW) in West Bengal was sanctioned an amount of Rs 1,061.38 crore which got revised to Rs 1,501.75 crore.