Mumbai. Country’s second largest private airline Kingfisher relieve some sort of protest against the government and being assertive. Industrialist Rahul Bajaj, a day after rival Kingfisher Airlines, SpiceJet said that the crisis is not an official package. The growing resentment against the banks cash in crisis Kingfisher has put new condition for debt restructuring. The [...]

Mumbai. Kingfisher’s board met Monday to devise a relief to not have a clear picture on the board shall be caucus on Tuesday. Aviation companies and pilots above the vast debt the company is up to the trouble of This company continuously for the ago few days have been canceled. A company official told IANS [...]

Mumbai. State Bank of India [SBI] steeped in debt by Rs 800 to 1000 Kingfisher Airlines has asked to elevate new fairness capital. Kingfisher said that most bank lending after new bank or lender shall deem the restructuring of existing debt. Asked if the bank shall deem lending to new Kingfisher SBI Managing Director Hemant [...]

New Delhi. Going through the financial crisis, Kingfisher Airlines has pleaded for help from the government for relief The company continues to cancel flights fifth consecutive day on Friday and the stock fell 19 per cent reached the lowest level so far, but some improvement since then. Sources said the extent of the crisis is [...]

New Delhi [News Bureau]. A few weeks past, State Bank of India [SBI] after subtracting the rating Mudij credibility of the banking system has put the Bntta. The leading global credit rating agency, on Wednesday the credibility of the whole Indian banking sector to “negative” dubbed. It easily intends that the country is suffering from [...]

EGoM on agricultural export policy meeting tomorrow New Delhi. Empowered Group of Ministers on food matters [EGoM] will meet on Thursday in which agricultural crops such as sugar and the export of onions in addition to the overall agricultural export policy issues will be discussed. Pawar on Wednesday, PIB [PIB] by the first day of [...]

New Delhi [News Bureau]. Increase the burden of inflation on the general public. Chinese and almost all the clothes and the customers may have to pay more. Goods and Sales Tax [GST] Empowered Committee of the finance ministers meeting here on Friday between the states agreed that the April 1, 2012 to the textile and [...]

Mumbai. The weakness of the country’s second largest IT company Infosys Rs Ltd. has become a boon. The current financial year 2011-12 the company has posted profits in the second quarter better than expected. Infosys in July-September net profit for the quarter was 9.72 per cent to Rs 1906 crore. Its net profit in the [...]

New Delhi. Food inflation rose 9.13 per cent for the week ended September 17 reached. Was at 8.84 percent the week before. Potatoes, pulses and poultry products due to price pressure from food inflation has accelerated. Increase in prices of food items to the Finance Minister Pranab Mukherjee told a serious concern Suckak wholesale price, [...]

New Delhi [News Bureau]. Relief to Pakistan, India, the World Trade Organization [WTO] on the stage of the European Union with the EU  Textile exports to Pakistan have decided to not oppose the exemption.Commerce Secretary level talks between India and Pakistan have decided in  Apasi the two countries increase trade and investment in the other [...]