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May 26, 2013
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BUDGET 2013
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Companies
AirAsia on aggressive expansion spree, 50 more planes to be ordered
The additional aircraft would be mainly for the market in India, where it expects its new affiliate, AirAsia India, to launch in the fourth quarter.
Latest News
Dish TV Q4 standalone loss lowers to Rs 43.62 crore
Dish TV today posted a lower standalone loss of Rs 43.62 crore for the fourth quarter ended March 31, 2013 against a loss of Rs 49.02 crore for the sme period last year.
iGate faces probe on any violation of Federal securities law
The US-based outsourcing firm iGate is being investigated by a law firm to ascertain whether the company and its employees violated federal securities laws.
'Panel to resolve coal quality issue at variance with FSA'
The proposal to form the committee comes in the wake of differences between Coal India (CIL) and NTPC over the quality of coal being supplied to the power PSU.
Vedanta Resources raises $1.7 billion via bond issue
Vedanta Resources on Thursday said it has raised USD 1.7 billion (Rs 9,500 crore) through issue of bonds, the largest ever offering by any Indian corporate, which will be used to part-finance Cairn India acquisition.
SBI Q4 Net dips 18.5% on higher provisioning; shares tank 8%
Reacting to the below expected numbers, shares tanked 8.87 percent on BSE, wiping off Rs 12,867 crore from its market value.
Sebi, CCI seek clarity on Jet-Etihad deal; may suggest changes
There have been concerns that the stake sale was restricted to 24 percent only to avoid a mandatory open offer for the minority shareholders of Jet Airways.
Pregnant Araceli Roiz to sue Phaneesh Murthy
Disgraced IT executive Phaneesh Murthy and his former employer iGate Corp will be sued by the firm's investor relations head for alleged sexual harassment, the victim's law firm said Thursday.
'6 explored coal mines for allotment to pvt cos identified'
The report further said that rules for auction of competitive bidding of coal mines were notified in December last year.
Indian Bank's ex-chief gets 1 year jail for cheating
The special court imposed a total fine of Rs.450,000 on the three convicts, said a CBI statement.
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