Companies

Kingfisher Airlines Staff Set Deadline for Vijay Mallya; Threatens to Protest

The Kingfisher Airlines staff had set deadline for Chairman Vijay Mallya to clear all their outstanding salaries. They threatened that they would stop working and take to the streets if the airlines fail to meet their deadline, that is till 8 PM on Tuesday.

Apr 3, 2012

RBA Likely to Keep Overnight Cash Rate

Economists and analysts are of the opinion that the Reserve Bank of Australia (RBA) would keep the 4.25 per cent overnight cash rate when its board meets Tuesday, April 3.

Apr 3, 2012

Kingfisher Airlines to Clear Salaries of Its Employees; Staff Targets IPL Team RCB

Chairman of Kingfisher Airlines and liquor baron Vijay Mallya had written to his visibly annoyed staff about their undue salaries. He had assured that the cash-strapped airlines will resume paying overdue payments starting this week.

Apr 2, 2012

Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate

Due to the rising dissatisfaction level among Australians with large banks, more people are bringing their business to credit unions. As a result of this change, a number of Aussie credit unions are becoming banks.

Apr 2, 2012

Analysts Say Big 4 Could Cut Rates In April Due to Lower Funding Costs

Lower funding costs would allow the big four to cut interest rates on loans in April, while still protecting their profits, analysts said on Friday.

Mar 30, 2012

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TRAI Issues Guidelines to Stop Misleading Tariff Advertisements

Do you think your telecom service provider has been playing an unfair game with you? Have you fallen prey to his exiting advertisements and opted to a plan that you never want to? However, henceforth, this might not happen with you again.

Mar 27, 2012

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Kingfisher Airlines Likely to Lay-off its Employees: Sources

Kingfisher Airlines has been receiving brickbats from all the directions over its massive cut down in its flight operations, undue payments of salaries and outstanding tax amounts, owing to the debt crisis airlines is now mulling to resize its staff department and closing down of office across India in order to cost cut the expenses, said sources.

Mar 27, 2012

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Manmohan Singh Meets Top CEOs of Korea in Seoul

Prime Minister Manmohan Singh Monday met the top CEOs of Korea and sought larger monetary investments in India.

Mar 26, 2012

Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues

Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected from passengers, by end of this fiscal year.

Mar 25, 2012

Manmohan Singh Invites Korean Firms To Invest In India

Manmohan, who is on a bilateral tour in the Republic of Korea, encouraged Korean firms for more investments in India and suggested the small and medium sized companies to launch its business in Indian markets.

Mar 25, 2012

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iOS 5.1 Code Hints 4G LTE Apple iPhone; Superior to iPhone 4S and New iPad

It seems Apple Inc is eyeing something big and special after its iPhone 4S and new iPad which hit the stores recently. Apple's iOS 5.1 code has hints that it is working on a 4G LTE iPhone.

Mar 23, 2012

Apple's Future iPhone 5 To Be Sharper, Bigger With 4.6-Inch Retina Display

Gadget lovers around the world have something to look forward to if the latest reports are to be believed.

Mar 22, 2012

Mahindra Satyam To Merge With Tech Mahindra

The Mahindra group has approved the merger of its IT services providers Mahindra Satyam and Tech Mahindra Ltd. The combined revenue of the merged companies is expected to touch $2.4 billion, making it India's fifth largest software services exporter.

Mar 21, 2012

Govt Warns Kingfisher Airlines of Canceling Its License

Kingfisher Airlines could get into more trouble with the civil aviation minister warning to strip off its license if the airline fails to meet the safety norms and financial viability conditions.

Mar 20, 2012

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London Olympics: Sports Ministry to Take up the Dow Matter Directly

The Ministry of Youth Affairs and Sports to took up the matter directly with International Olympics Committee (IOC) urging it to go beyond lesser considerations, and in the larger interests of the ideals of human rights, compassion and solidarity, cancel the sponsorship of Dow Chemicals for the London Olympics, 2012.

Mar 15, 2012