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kingfisher

Kingfisher Airlines begins paying salaries of employees

Ailing Kingfisher Airlines has started paying the due salaries of its employees, despite the fact that its lenders have begun to recover its dues from last week. Apart from that, the airline is also approaching aviation authorities to seek the...
rates

Rates of Internet to rise in India?

These days the internet has become a primary source for information for a large number of people. Maintaining an online presence has also become a basic necessity for any firm or establishment. However, an industry body in India known as ISPAI...
tohoku

Tohoku Electric Co. seeks to hike power rates

On February 14, 2013, the Tohoku Electric Power has filed a request with the Japanese government to hike electricity rates from the month of July 2013. If the hiked rates are implemented, then the cost of household electricity will be increased...
petrol

Diesel and petrol prices to be hiked this week in India?

There is a high chance that the state-run oil companies in India might increase the prices of petrol by Rs. 1 per-liter and that of diesel by Rs. 0.50 per-liter. These prices can be increased further if the companies get an informal nod from...
kingfisher

Lenders to begin recovery of loan from Kingfisher Airlines

After a long delay, it has been decided by the lenders of the ailing Kingfisher Airlines that it will begin the recovery process of the Rs. 7,500 crore loan which was given to the airline. One of the top officials from the State Bank Of India...
boeing

Boeing to look into compensation after de-grounding of Dreamliners

Boeing’s vice-president of sales for Asia Pacific and India said on February 7, 2013 that the company will soon respond to compensation claims from customers of its Dreamliner jets. The announcement was made after the grounded aircraft were...
onion

Onion prices in India increase by 57 % – Causes concern

In the past month, the price of onions in India has gone up by up to 57%. However, the Union government might not impose a minimum export price, as it thinks that the price rise is not due to demand, but due to a supply crisis. The minimum...
Indian finance minister chidambaram

Indian Finance Minister puts forth argument for heavier taxes on wealthy people

The Indian Finance Minister P Chidambaram has regurgitated views about developing a stable tax regime in the country. The minister said that people who earn considerably more money than the average income should be taxed more than those earning...
kingfisher airlines

Kingfisher Airlines meet DGCA – Receive NOC from various companies

Grounded Indian airline company Kingfisher Airlines has received a ‘no objection certificate (NOC)’ from various oil marketing companies, aircraft leasers and vendors, which comes as some relief for the struggling airline carrier...
maruti

Maruti Suzuki hikes vehicle prices by INR 20,000

Indian auto giant Maruti Suzuki said on January 15, 2013, that it will once again increase the prices across all its vehicles by up to INR 20,000. The new prices will be applied from January 16, 2013. According to the company, the vehicle...