Companies

Kingfisher Cancels 20 Flights as Employees Strike; Demand Salary Dues by Oct 5

Kingfisher Airlines on Monday cancelled several flights after a section of employees called for a strike over the ongoing non-payment of salaries.

Oct 1, 2012

Kingfisher in Deep Trouble; Declares Partial Lockout, Cancels All Flights

Kingfisher Airlines Ltd on Monday declared a partial lockout and cancelled all its flights till Thursday as employees continued the strike hampering the operation of the carrier. The arline has stopped sale of tickets following the decision.

Oct 2, 2012

Vijay Mallya Could Face Arrest; Hyderabad Court Issues Non-Bailable Warrant

Liquor baron and Kingfisher Airlines owner Vijay Mallya could face arrest after a Hyderabad court on Friday issued a non-bailable warrant against him in connection with a cheque bounce case.

Oct 12, 2012

Windows 8 Pro Priced at $70; Pre-order Begins

Microsoft opened its much-awaited operating system Windows 8 Pro for pre-order on Friday, and a packaged DVD to upgrade to the full version of the software is priced at $69.99.

Oct 13, 2012

RCOM Unveils New Pre-Paid Plans Through WhatsApp Partnership

Reliance Communications has entered into a partnership with WhatsApp, a cross-platform instant messaging application, and has launched the 'WhatsApp Plan' and 'My College Plan' in the country on Monday.

Oct 15, 2012

HCL Tech Q1 Proft Up 78 pct; Shares Slide After Hitting 12-Year High

HCL Technologies on Wednesday posted results of its fiscal first quarter ending September, reporting a 78 percent rise in net profit helped by higher contract wins.

Oct 17, 2012

Spice, Huawei Tie Up for Android Smartphone Launch; Eyes 10 mln in Sales

Spice Group announced on Thursday its strategic tie up with the Chinese handset maker Huawei to sell Huawei Android smartphones in India under the brand 'S Huawei'.

Oct 19, 2012

Kingfisher Airlines Recieves Another Blow: 15 Aircrafts Stripped Clean, Declared Unfit To Fly

Kingfisher Airline, which has been hit hard by several crises, is in for another blow as its aircraft leasing company has reportedly revealed that the interior of airline's 15 aircrafts were stripped clean and declared unfit to fly.

Oct 22, 2012

Bharti Airtel is World's Fourth Largest Mobile Operator

Bharti Airtel, India's leading telecommunication service provider, has been ranked fourth largest operator in the world in terms of subscribers in the latest Wireless Intelligence 'Scoreboard' operator ranking.

Oct 22, 2012

Kingfisher Staff Divided Over Salary Bid; Ajith Singh Believes Airlines Won’t Fly Again

In an attempt to wind up the 23-day-long strike over overpaid salaries, management of Kingfisher Airlines on Monday held a meeting with over 4000 employees left divided over a bid put forth by the officials.

Oct 23, 2012

Bajaj Auto to Introduce Most Expensive 100cc Bike in January

India's leading two wheeler manufacturer Bajaj Auto Ltd will roll out its most expensive and technologically advanced 100cc bike in January.

Oct 25, 2012

Narayana Murthy Becomes 2nd Indian to Get Hoover Medal

Infosys founder NR Narayana Murthy was conferred the Hoover Medal on Monday, becoming the second Indian to get the prestigious award after former Indian President A.P. J. Abdul Kalam.

Oct 25, 2012

Kingfisher Airlines Could Fly Again; Impasse With Employees Solved

Kingfisher Airlines could soon take wings again as it has solved the long impasse with its employees over the non-payment of salaries extending upto several months.

Oct 25, 2012

Corporate Affairs Ministry And I-T Initiate Probe Against Gadkari’s Business Firms

The Corporate Affairs Ministry and Income Tax (I-T) department of India has initiated a probe into the funding and investments made by various firms in Purti Power and Sugar Ltd (PPSL) - a company owned by BJP president Nitin Gadkari.

Oct 25, 2012

Kingfisher Airlines Crisis Not Over Yet: Civil Aviation Minister Talks Tough

Kingfisher Airlines is faced with yet another problem from the Directorate General of Civil Aviation (DGCA), even after most of its employees reported to work after striking a deal the airline's management.

Oct 26, 2012