Business

Low-cost carrier SpiceJet signed a deal to buy 10 737 jets from US aircraft manufacturer Boeing worth $700 million at Asian Aerospace.

In a new twist to the legal battle in the airport privatisation programme, Reliance Airport Developers says that GMR had not made key disclosures on its past experience.

The Indian Economy seems to be booming. According to the government this growth has been fertilised by a buoyant growth in agriculture and manufacturing.

TCS has announced its Q3 results. The company's Q3 net profit is up 8.7 per cent at Rs 731.9 crore QoQ. It has declared an interim dividend of Rs 3 per share.

All eyes are on tech giant- Infosys' results, which is expected on Wednesday. Analysts reveal their expectations.

Sri Lanka's People's Leasing Co Ltd has struck a deal with Ashok Leyland to import commercial vehicles worth Rs 300 crore.

The markets closed flat after volatile session on first trading day of 2006. However, selling pressure was witnessed in the afternoon trade.

The return airfare to Dubai may be cheaper than a five-star stay as room rates have jumped by 25 pc in 2005 and might be higher in 2006.

Tata Tea has been buzzing in anticipation that the company will announce another overseas acquisition. The company is targeting a US firm.

According to the Forbes' annual 40 richest Indians list, the number of billionaires double since last year.

Executive Officer at Matrix Labs Rajiv Malik says that they are talking to Ranbaxy for more business, but no merger plans.

Leading cement manufacturer JK Cement is embarking on a Rs 250 crore expansion plan, for which it is coming up with an IPO to raise funds.

Despite Left parties and trade unions threatening nationwide strike, PM maintains EPF interest rate is to be 9.5 per cent.

After a peaceful coexistence for a fortnight, the Left took on the government over the reduction in the EPF rate to 8.5 per cent.

The taxmen have been told to come down heavily on defaulters and round 2.7 lakh people who have not filed their returns despite their tax being cut at source, will recieve notices from the Ministry.

In a bid to tap the corporate and niche air travelers, Virgin Atlantic plans to launch daily flights between Mumbai and London from December 1.