Indian Stock Market

DLF DAL Merger

Now, IDBI mulls $1 billion bailout for AI

In what can be a first aviation funding in India, IDBI might step in to provide funds worth $1 billion to Air India – much needed for the airline to replace its old aircraft fleet plying on the domestic route.

Lufthansa 2008 net profit falls 64% on low traffic

German flag carrier Lufthansa said on Wednesday its 2008 net profit fell 64 per cent to 599 million euros ($760 million) and that it expected a further drop this year.

SpiceJet soars on reports of merger talks

Shares of low-cost airline SpiceJet on Monday soared by over nine per cent on reports that the company was in talks for a possible merger with Jeh Wadia-led rival carrier GoAir.

PSU oil cos slash ATF prices by 7%

State-run fuel retailers on Saturday slashed jet fuel or ATF rates by a further seven per cent, making it the 11th reduction since September last year.

Delhi airport’s new departure terminal to be operational soon

Slowly but surely, the transformation of the Delhi airport is on. The new departure terminal at the Delhi airport is ready and even though it is an interim arrangement, till the integrated terminal is ready by 2010, the new terminal would come as a big relief to passengers using the present congested facility.

No talks with Reliance for stake sale: Jet Airways

Country’s largest private carrier Jet Airways on Tuesday denied media reports that the company is talking to Mukesh Ambani-led Reliance Industries for selling stake in the airline.

Air Canada axes 2,000 jobs, flights to cut costs

Air Canada on Tuesday announced it would axe 2,000 jobs this year to meet the rising fuel costs.

Air India to mark starting of new Bangaluru Intl airport

An Air India flight from Bangaluru to Singapore would mark the starting of the operations of the new Bangaluru international airport past midnight on Saturday.

The committee of Essar Shipping Ports & Logistics ……

Meanwhile, the BSE Sensex was up 183.24 point……

The Great Eastern Shipping Company delivered its 1……

Mercator Lines, India’s second largest private shi……

The company made this announcement after trad……

Through its subsidiary in SingaporeMercator Lin……