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Tuesday, June 01, 2004

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Air-India Express launch next summer
MUMBAI, MAY 31."As India's national airline, Air-India must have the lion's share of inbound and outbound flights to and from India,'' said Praful Patel, Union Minister for Civil Aviation while addressing the media here today. "While we welcome ...

AI's low cost services to target lucrative routes
NEW DELHI, MAY 31.At a time when low cost, no frills or budget airlines are seeking to reshape the face of regional airline industry the world over by opening up new destinations, Air-India's decision to launch a new subsidiary airline with 25 ...

VSNL Lanka commences operations
MUMBAI, MAY 31. VSNL Lanka Ltd. (VLL) today announced the formal launch of its telecom voice and data services in Sri Lanka. The company also unveiled its brand, `Tata Indicom' in the Sri Lankan market. VLL is a wholly owned subsidiary of ...

Alliance Semiconductor to invest $50 m in India
BANGALORE, MAY 31. Alliance Semiconductor Corporation, a maker of analogue and mixed signal products, will invest some $50 million over the next five years, in its Indian operations, Alliance Semiconductor India, senior company executives told ...

Sundaram Finance net up
CHENNAI, MAY 31.Sundaram Finance increased its disbursements by 37 per cent to Rs. 2,104 crores in the year ended March 31, 2004 from Rs. 1,532 crores in the previous year. Addressing presspersons here today, T. T. Srinivasaraghavan, Managing ...

Other Stories

  • Audi to enter Indian luxury car market
  • Dutch firm picks up majority stake in Ma Foi
  • Rupee posts modest gains
  • DPC appeals against single judge's order
  • Sensex drops 76 points on fresh sell-off
  • CII biotech team to visit U.S.
  • Leadership fund from Sundaram Mutual

    Barometer
  • Exchange rates
  • Bullion rates
  • Stock Market Index

    Briefly
    SRF gets U.S. process patent
    NEW DELHI, MAY 31. SRF, an Indian player with global positioning in industrial synthetics, belting fabric and refrigerant gasses, has secured a process patent from the United States Patent & Trademark Office for the production of Difluoromethane ...

    Sterlite revises rights issue terms
    MUMBAI, MAY 31. Sterlite Industries has revised the terms and conditions of its proposed rights issue after taking into account `current market conditions.' The board, which met today, decided to offer equity shares in the proposed rights ...

    Tata Tele's 10-digit number
    NEW DELHI, MAY 31. The erstwhile WLL mobile users of Tata Teleservices will get 10-digit number with effect from June 4 to begin with Andhra Pradesh followed by Karnataka and in other circles in the subsequent week. "For our AP circle, the ...

    Other Stories

  • Quintegra buys Savvy Systems
  • REL plans buyback of shares
  • Consumer index static at 504
  • Tentative FDA nod for Ranbaxy's Fenofibrate



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